Compared to November 2007, new scheduled foreclosure auctions in Queens increased by 54%, while the other four boroughs declined compared to the same period. Manhattan was down 58%, the Bronx decreased by 52%, Brooklyn declined by 43% and Staten Island was down 33%.

Queen’s foreclosures continue to make up most of the distressed property activity in NYC.

Foreclosure activity in the NYC boroughs

Foreclosure activity in the NYC boroughs