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RealtyTrac: New York State total annual foreclosures rise in 2015

Jan 14, 2016
In its 2015 year-end foreclosure market report, which reports default notices, scheduled auctions and bank repossessions, RealtyTrac Inc. reported New York State had 58,866 total foreclosure filings in 2015, an increase of 23.64 percent from 2014. With one in every 138 homes receiving a foreclosure filing in 2015, New York State ranked 17 out of all 50 states.
 
New York State had 4,827 total foreclosures in December 2015, an increase of 0.17 percent from November and a 3.54-percent increase from December 2014.
 
Foreclosure filings were reported nationally for 1,083,572 properties in 2015, a 3.03-percent decrease from the previous year. Nationally in December, 103,373 total foreclosures were reported. This is 0.71 percent below November and 9.5 percent below the same time last year.
 
To read the entire RealtyTrac press release, click here.
 
For more statistics and trends from RealtyTrac, click here.
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Home sales near record high in November

There were 10,719 closed home sales across New York State during November, representing the second-highest total on record for the month. The November sales record of 10,991 was set in November 2016. The statewide median sales price grew by 5.8 percent in November compared to last November. Click here to read more.

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