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The number of foreclosures in Brooklyn ticked up slightly in May, according to PropertyShark.com, a trend exhibited in Queens but not the other three boroughs. The 21 foreclosures in Brooklyn last month was the highest number since November though well below the monthly average for 2008. Meanwhile Queens continued to dominate the city’s foreclosure scene with a total of 201; May also marked the first time that the top 15 zip codes for foreclosures were all in Queens. Brooklyn’s per household foreclosure rate remains a low 0.002% as compared to 0.001% for Manhattan, 0.004% for the Bronx and 0.017% for Queens.


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  1. “What’s Brooklyn’s ratio of foreclosure filings, BHO/ROTW? Seriously, not picking a fight. Just want to see comparative data.”

    Look Retards you know Housing is FUBAR! Why are we hashing old bullshit??!!!! Team Bullshit is grasping at straws and If you believe everything is fine then continue to pay for your underwater property or buy some poorly built New Construction. Have fun Jackasses!

    The What

    Someday this war is gonna end…

  2. “On a state-by-state basis, Nevada had one in every 68 households receive a foreclosure filing, down 18 percent from March but still the nation’s highest rate. In Florida, one in every 135 households received a filing in April. For California, the rate was one in every 138 households.” Detroit News, May 13.

    What’s Brooklyn’s ratio of foreclosure filings, BHO/ROTW? Seriously, not picking a fight. Just want to see comparative data.

  3. The auction trend is useless. Everybody knows the true foreclosure process in NYC is notoriously pro-tenant and slow.

    What’s the trend for pre-foreclosures, the more superior barometer of shadow inventory? This the courts can’t touch.

    ***Bid half off peak comps***

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