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RealtyTrac: New York State total annual foreclosures increase, quarterly and December foreclosures decrease

Jan 16, 2014
In its 2013 year-end foreclosure market report, which reports default notices, scheduled auctions and bank repossessions, RealtyTrac Inc. reported New York State had 45,906 total foreclosure filings in 2013, an increase of 34.03 percent from 2012. With one in every 176 homes receiving a foreclosure filing in 2013, New York State ranked 36 of all 50 states.

During the 2013 fourth quarter, New York State had 11,235 total foreclosures, a 7.76-percent decrease from the 2013 third quarter and a 9.61-percent increase from the fourth quarter of 2012.

New York State had 3,367 total foreclosures in December 2013, a decrease of 17.11 percent from November, but a 17.28-percent increase from December 2012.

Foreclosure filings were reported nationally for 1,361,795 properties in 2013, a 25.85-percent decrease from 2012.

To read the entire RealtyTrac press release, click here

For more statistics and trends from RealtyTrac, click here.
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