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RealtyTrac: Foreclosure filings increase for New York in third quarter but fall slightly in September 2013

Oct 16, 2013
In its U.S. Foreclosure Market Report for the third quarter of 2013, which reports default notices, scheduled auctions and bank repossessions, RealtyTrac Inc. reported New York State ranked number 31 of all 50 states for quarterly total foreclosure filings. New York had 12,180 total foreclosure filings in the third quarter and 3,978 of them were in the month of September.

Foreclosure filings in New York State rose 4.99 percent from the previous quarter and increased 27.35 percent from the third quarter of 2013. September’s foreclosure filings were down 6.11 percent from August, but were up 22.14 percent from September 2012. One in every 663 housing units in New York State received a foreclosure filing in the third quarter and one in every 2,031 received a foreclosure filing in September. 

Nationally, foreclosure filings were reported on 376,931 U.S. properties in the third quarter, down 6.89 percent from the second quarter and down more than 29 percent from the third quarter of 2012. One in every 348 U.S. housing units received a foreclosure filing during the third quarter.

Foreclosure filings were reported nationally on 131,232 U.S. properties in September, an increase of 2.08 percent from August but down more than 27 percent from September 2012. One in every 998 housing units received a foreclosure filing in September.

To read the entire RealtyTrac press release, click here.

For more statistics and trends from RealtyTrac, click here.
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