Property Shark's Foreclosure Report: Queens Is Hurting
Property Shark released its July foreclosure data, and—no surprise—there were lots of homes up for auction last month. All four regions of the U.S. saw foreclosure increases, with Miami and Los Angeles getting hit particularly hard—LA’s rate was up 249%. Comparatively, New York City seems practically stable, with a mere 67% increase. Queens bore the…
Property Shark released its July foreclosure data, and—no surprise—there were lots of homes up for auction last month. All four regions of the U.S. saw foreclosure increases, with Miami and Los Angeles getting hit particularly hard—LA’s rate was up 249%. Comparatively, New York City seems practically stable, with a mere 67% increase. Queens bore the brunt of it, especially the St. Albans and Jamaica neighborhoods. But Brooklyn’s not immune: we reached a two-year high in July, with 63 new properties in the pipeline.
Sure that would be disaster. It would just come in fewer than 85 days.
Well he did say that China was going to sell all of its Treasuries after the Olympics. That of course would spell doomsday if it were to happen.
From China’s lips to the Whats ears!!!
Yeah, 11233 I am tracking. He updated from 86 yesterday to 85 today so that makes sense. But his endpoint for doomsday has varied from the end of the Olympics later this month to the end of November so maybe he can’t count very well.
What: put your real estate skills to good use and move to Queens. It is a lot like Lodi, NJ.
Is wasder tracking the What’s days? He keeps changing his mind as to the end of the world, so we need someone to keep track.
The stats are pretty useless because the percentage of foreclosures is not provided. I suspect Queens has two to three times more single-family and two-family houses than Brooklyn.
What, take your blow up doll and bend it over your futon.
I think you need to read the article to understand it What. You are clueless as to the workings of those financial markets.
Start posting on something you understand like NJ real estate taxes.
I thought our tax dollars were being used to support you.
Hey Asshats this story is getting some major traction on the net!
You see you America has been hijack by the Big Boys! They take your wife and bend her over the table and you are stupid to stop it!
While the good ole Brownstone owners here are massaging each other prostates! You Tax Dollars are being used to save Wall Street and China debt. SS and Medicare will have to be cut in the future and the price on your investment wont mean shit! Why you ask? Because you are too fucking stupid!
US Blackmailed By China?
Fannie’s Mudd Soothed Asian Investors as Bonds Rose (Update2)
http://www.bloomberg.com/apps/news?pid=20601109&sid=azswcZQvmUX0&refer=home
Asian investors were among the most important groups to soothe because central banks, financial institutions and funds in the region own $800 billion of Fannie Mae and Freddie Mac’s $5.2 trillion in debt, according to data compiled by the Treasury. U.S. officials were concerned that sales from the region would push lending rates higher, said the people, who declined to be named because the discussions were confidential.
Earth to Asshats! You need to read this article and understand this. When the Olympics are over China is going to dump their US debt on the market and when this happens, buy a hardhat!
The What (85 days)
Someday this war is gonna end…….