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RealtyTrac: Foreclosure filings in New York State rise in first quarter 2015 and in March

Apr 17, 2015
In its U.S. Foreclosure Market Report for the 2015 first quarter, which reports default notices, scheduled auctions and bank repossessions, RealtyTrac Inc. reported New York State ranked 24 out of all 50 states for quarterly total foreclosure filings. New York had 13,892 total foreclosure filings in the first quarter and 5,213 of them were in the month of March.
 
Foreclosure filings in New York State rose 1.53 percent from the previous quarter and were 23.75-percent above the first quarter of 2014. March’s foreclosure filings were up 16.44 percent from February, and up 41.62 percent from March 2014. One in every 584 housing units in New York State received a foreclosure filing in the first quarter and one in every 1,556 received a foreclosure filing in March.
 
Nationally, foreclosure filings were reported on 313,487 U.S. properties in the first quarter, down 6.97 percent from the previous quarter and down 8.25 percent from a year ago. One in every 421 U.S. housing units received a foreclosure filing during the first quarter.
 
Foreclosure filings were reported nationally on 122,060 U.S. properties in March, a 19.74-percent increase from February and up 3.89 percent from March 2014. One in every 1,082 housing units received a foreclosure filing in March.
 
To read the entire RealtyTrac press release, click here.
 
For more statistics and trends from RealtyTrac, click here.
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