PropertyShark BlogCenter » nassau foreclosures http://www.propertyshark.com/Real-Estate-Reports Market Reports for Real Estate Writers Fri, 10 Feb 2012 15:43:19 +0000 en hourly 1 http://wordpress.org/?v=3.1 Long Island foreclosures down 37% from October 2008 http://www.propertyshark.com/Real-Estate-Reports/2008/12/19/long-island-foreclosures-down-37-from-october-2008/ http://www.propertyshark.com/Real-Estate-Reports/2008/12/19/long-island-foreclosures-down-37-from-october-2008/#comments Fri, 19 Dec 2008 17:29:46 +0000 brian http://www.propertyshark.com/Real-Estate-Reports/?p=71 In the November Long Island Foreclosure Report we found that there was a 37% decrease in Long Island
foreclosures in November 2008 (196 scheduled foreclosures) from the previous month (311 scheduled
foreclosures). However, compared to November 2007, foreclosures are 37% higher.

There were 103 new Nassau County foreclosure auctions scheduled in November 2008, a 51% decrease from October 2008, but a 51% increase from November 2007. The total aggregate lien amount dropped over 50% from $89.2 million in October 2008, to $40 million in November 2008.

Foreclosures in Suffolk County were down 9% from October 2008, yet despite the monthly decrease, the foreclosure level was still 24% higher than in November 2007.

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