Latest News

RealtyTrac: New York State May 2014 total foreclosures increase from monthly and year-ago levels

Jun 10, 2014
In its U.S. Foreclosures Market Report for May 2014, which reports default notices, scheduled auctions and bank repossessions, RealtyTrac Inc. reported that New York State had 4,741 total foreclosures, a 25.29-percent increase from April 2014 and a 17.73-percent increase from the same time last year. 

New York State ranks 22 out of all 50 states for monthly total foreclosure filings. One in every 1,709 housing units in New York State received a foreclosure filing in May. 

Foreclosure filings were reported nationally on 109,824 U.S. properties in May. This is a decrease of 5.19 percent from April and is down 25.82 percent from May 2014. Nationally, one in every 1,119 housing units received a foreclosure filing.

To read the entire RealtyTrac press release, click here.

For more statistics and trends from RealtyTrac, click here.
Featured Content

NYS home sales post second-highest May total

Homebuyer activity remained strong in May, driving the New York State housing market to the second-highest sales total for the month with 10,348 closings. May 2018 closed sales were 8.6 percent lower than the record of 11,322 set in May 2017. The median sales price growth trend continued, increasing by 11.5 percent compared to last May, ending the month at $262,000. Click here to read more.