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RealtyTrac: Foreclosure filings in New York State rise in October

Nov 11, 2016
In its U.S. Foreclosure Market Report for October 2016, which reports default notices, scheduled auctions and bank repossessions, RealtyTrac Inc. reported New York State ranked 23 out of all 50 states for foreclosure filings. New York had 5,516 total foreclosures in October, up 16.84 percent from September and up 10.25 percent since October 2015. One in every 1,478 housing units in New York State received a foreclosure filing. 
 
Nationally, foreclosure filings were reported on 105,481 U.S. properties in October, up 27.13 percent from the previous month but down 8.38 percent from the same time last year. One in every 1,258 U.S. 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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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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