PropertyShark has released its monthly foreclosures report, and just as expected, fewer bank holidays and an end to a 90-day moratorium caused filings to leap over the relatively November and December levels. New foreclosures in all five boroughs increased 64 percent from December, and were up 5 percent over January 2008. Manhattan stayed flat (only 5!) and Brooklyn decreased a bit. Once again, Jamaica and environs retained its grip on the naughty list's #1 and #2 spots. But hey, at least it's not Miami.
· PropertyShark January '09 Foreclosure Report [PropShark; warning: PDF]
· Quarterly Foreclosures Report: Now With More Charts! [Curbed]
Filed under:
Loading comments...