In its U.S. Foreclosure Market Report for February 2015, which reports default notices, scheduled auctions and bank repossessions, RealtyTrac reported that New York State had 4,477 total foreclosures, a 4.16-percent increase from January and a 19.48-percent increase from the same time last year.
New York State ranks 25 out of all 50 states in monthly total foreclosure filings. One in every 1,812 housing units in New York State received a foreclosure filing in February.
Foreclosure filings were reported nationally on 101,938 U.S. properties in February. This is 4.29 percent below January’s totals and 9.39 percent lower than February 2014. Nationally, one in every 1,295 housing units received a foreclosure filing.
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