{"id":1663,"date":"2011-01-24T13:54:56","date_gmt":"2011-01-24T13:54:56","guid":{"rendered":"https:\/\/nybankruptcy.net\/main\/?p=1663"},"modified":"2018-11-28T08:43:29","modified_gmt":"2018-11-28T08:43:29","slug":"new-york-city-foreclosure-rate-down-from-2009","status":"publish","type":"post","link":"https:\/\/nybankruptcy.net\/main\/new-york-city-foreclosure-rate-down-from-2009\/","title":{"rendered":"New York City foreclosure rate down from 2009"},"content":{"rendered":"

A quarterly report from PropertyShark.com<\/a> shows that overall the foreclosure rate for New York City dropped by 32% between the 4th quarter 2009 and the 4th quarter 2010 and fell by 26% between the 3rd quarter of 2010 and the 4th quarter of 2010.<\/p>\n

Notably, foreclosures in Queens accounted for 49% of all New York City foreclosures.<\/p>\n

Here’s a breakdown of each borough’s foreclosure rate:<\/p>\n

Manhattan: <\/strong>Decrease of 22% from Q3 2010 to Q4 2010.\u00a0 Decrease of 36% from Q4 2009 to Q4 2010.<\/p>\n

Brooklyn: <\/strong>91 foreclosures scheduled between Q3 2010 and Q4 2010 constituting a 14% increase.\u00a0 However, Brooklyn’s foreclosures are actually down 14% between Q4 2009 and Q4 2010.<\/p>\n

Queens: <\/strong>Decrease of 38% from Q3 2010 to Q4 2010.\u00a0 Decrease of 42% from Q4 2009 to Q4 2010.<\/p>\n

Bronx:<\/strong> The only borough with an increase in foreclosures since the last quarter and also since last year.\u00a0 A 15% increase from Q3 2010 to Q4 2010.\u00a0 And a 6% increase from Q4 2009 to Q4 2010.<\/p>\n

Staten Island:<\/strong> Decrease of 38% from Q3 2010 to Q4 2010.\u00a0 (Same as Queens, but only 59 total foreclosures compared to Queens’ 239.)\u00a0 Decrease of 28% between Q4 2009 and Q4 2010.<\/p>\n

So on the whole the foreclosure rate New York City is down, so the situation is improving.\u00a0 That, of course, doesn’t mean that everything is hunky dory.\u00a0 There’s still a lot of pain out there and a lot of people in trouble who need help.<\/p>\n

If you need help with foreclosure or other debt and bankruptcy-related issues in New York, please of course feel free to get in touch with our Brooklyn NY foreclosure attorneys<\/a> for a free initial consultation<\/a>.<\/p>\n

<\/center><\/p>\n","protected":false},"excerpt":{"rendered":"

A quarterly report from PropertyShark.com shows that overall the foreclosure rate for New York City dropped by 32% between the 4th quarter 2009 and the 4th quarter 2010 and fell by 26% between the 3rd quarter of 2010 and the 4th quarter of 2010. Notably, foreclosures in Queens accounted for 49% of all New York …<\/p>\n

New York City foreclosure rate down from 2009<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[10],"tags":[],"acf":[],"yoast_head":"\nNew York City foreclosure rate down from 2009<\/title>\n<meta name=\"description\" content=\"A quarterly report from PropertyShark.com shows that overall the foreclosure rate for New York City dropped by 32% 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