Categories: Bedfordblog

Bedford NY Real Estate sees “Foreclosure activity falls to 42-month low in May” | Inman News for the Bedford NY Real Estate market

Foreclosure activity falls to 42-month low in May

Default notices drop to lowest monthly total since December 2006

Embargoed until 9pm Pacific Wednesday, June 15

Foreclosure filings on U.S. properties fell 33 percent year-over-year in May, hitting a 42-month low, according to a report from foreclosure data site RealtyTrac.

One in every 605 housing units, or 214,927 properties, received a foreclosure filing — default notice, scheduled auction, or bank repossession — last month. That’s a 2 percent drop from April and a 33 percent drop from May 2010.

    This post was last modified on %s = human-readable time difference 3:20 am

    Robert Paul

    Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

    Recent Posts

    Out of Sevice with brain injury since November.

    Just back out of hospital in early March for home recovery. Therapist coming today.

    2 years ago

    Existing home sales down 28% | Katonah Real Estate

    Sales fell 5.9% from September and 28.4% from one year ago.

    2 years ago

    Single-Family Housing Contraction Continues | Bedford Hills Real Estate

    Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…

    2 years ago

    Closed Median Sale Price in Hudson Valley/NYC Markets Declined by 2.50% in October | Bedford Real Estate

    OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…

    2 years ago

    Building Materials Prices Decline for Second Consecutive Month | Pound Ridge Real Estate

    The prices of building materials decreased 0.2% in October

    2 years ago

    Mortgage rates drop with inflation drop | Bedford Corners Real Estate

    Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.

    2 years ago

    This website uses cookies.