Brooklyn Foreclosure Stats Don’t Look So Bad

The trepidation with which we opened the PropertyShark 3rd Quarter Foreclosure Report that landed in our email inbox yesterday turned out to be unfounded. Thingsin Brooklyn, at leastweren’t any worse last quarter than in the previous one, it turns out. And the number of foreclosures this year in the borough are still significantly less than what we saw in 2006. As for the other boroughs, Manhattan saw a small dip in foreclosures while Queens, Staten Island and the Bronx all experienced marginal upticks. Hardly the-sky-is-falling kinda stuff.
Feb 13, 2012 | 10:33 AM