Even though New York-area foreclosures are far lower than the national rate, some of that market insulation may be slipping away, as f-words were up 34% in the first quarter of 2008 according to a RealtyTrac report. Twice as many Brooklyn homes are in trouble as compared to last year, and Manhattan foreclosures increased 66%. Staten Island continues to be a hell hole, and even Westchester is being a little naughty. [NYP]
Filed under:
Loading comments...