2023 Annual Foreclosure Report: NYC Cases Nearly Double Year-Over-Year, but Still Reach Only Half of Pre-Pandemic Levels
NYC foreclosure cases nearly doubled in 2023, yet the city’s caseload remained at only half of pre-pandemic figures.
2023 Q3 Foreclosure Report: NYC Foreclosures Increase 44% Year-Over-Year, Brooklyn Cases Surge 185%Â
NYC recorded 427 foreclosure filings in the third quarter of 2023, up 18% compared to the previous quarter.
2023 Q2 Foreclosure Report: NYC Foreclosures Up 81% Year-Over-Year, But Seemingly Plateau Quarter-Over-Quarter
As Q2 comes in just 12 cases below Q1, it remains to be seen if the change is part of a wider trend of stabilization or just a seasonal glitch.
2022 Annual Foreclosure Report: Cases Barely Surpass Q1 2020 Totals
The NYC foreclosure sector had yet another atypical year in 2022, recording only 28% of 2019’s first-time filings.
Q3 Foreclosure Report: Queens Remains Center of Foreclosure Activity, Claims Half of NYC Cases
Queens remains at the center of NYC’s foreclosure activity with 150 cases of the city’s 297 total, reaching 55% of its Q3 2019 foreclosure levels.
Q2 2022 Queens Foreclosures Quadruple in Q2, the Bronx Records 0 New Cases
Queens foreclosures surge 300% in Q2 2022, fueling a NYC-level increase in foreclosure cases of 146%, also boosted by Staten Island trends.
2022 Q1 Foreclosure Report: NYC Records 87 Foreclosures Since End of Moratorium
After the expiration of the foreclosure moratorium, cases are starting to appear in NYC, with Brooklyn claiming 40% of the city’s 87 cases.
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