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September 30, 2008

Surprise! Brooklyn Foreclosure Numbers Relatively Benign

Property-Shark-Foreclosures-0908.jpg
It's hard to believe given the current doom-and-gloom, but foreclosures in Brooklyn were actually down last month, according to a report from PropertyShark. The number of foreclosures in the borough in August was 45, versus 63 in July and 52 a year earlier. The numbers were similarly unsensational in all the other boroughs except Queens, which continued to get hammered: Foreclosures there spiked to 254.
August Foreclosures Report: Good News, Except in Queens [Curbed]




Posted by Brownstoner at 10:12 AM | Comments (2)
Categories: Market

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Comments

Don't worry, The What will come up with some celebratory gloom and doom post to make everyone feel miserable within a few hours.

Posted by: FenFen at September 30, 2008 10:25 AM

Come on folks... you're Noo Yawker's ... buckle up your seatbelts and stop losing heart...
Keep the faith and resolve that made you plant your feet in
Brooklyn!

Posted by: bren at September 30, 2008 11:09 AM

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