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RealtyTrac: New York State August 2015 foreclosures rise more than 50 percent from last year

Sep 17, 2015
In its U.S. Foreclosure Market Report for August 2015, which reports default notices, schedule auctions and bank repossessions, RealtyTrac reported that New York State had 5,658 total foreclosures, a 1.1-percent decrease from July but a 52.63-percent increase from August 2014.
 
New York State ranks 21 out of all 50 states in monthly total foreclosure filings. One in every 1,434 housing units in New York State received a foreclosure filing in August. 
 
Foreclosure filings were reported nationally on 109,561 U.S. properties in August. This is 12.29 percent below July’s total and 6.29 percent below the same time last year. Nationally, one in every 1,205 housing units received a foreclosure filing. 
 
To read the entire RealtyTrac press release, click here
 
For more statistics and trends from RealtyTrac, click here.
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