New Jersey Foreclosures in July 2009 Are 6% Lower Than in July 2008 Says New Jersey Foreclosure Report by PropertyShark.com

There were 1,041 new foreclosures scheduled for auction in New Jersey in July 2009. This is almost equal to June 2009 (1,036) and 6% lower than in July 2008 (1,107).

Newark, NJ, August 21, 2009 – PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in New Jersey for July 2009.

Key Report Findings

• There were 1,041 new foreclosures scheduled for auction in New Jersey in July 2009. This is almost equal to June 2009 (1,036) and 6% lower than in July 2008 (1,107).
• Essex County had the highest number of scheduled foreclosures in July 2009, while Atlantic County had the highest foreclosure rate

• There were 152 new foreclosures in Essex County in July 2009, 96 in Middlesex County, 94 in Ocean County and 79 in Union County.
• Atlantic County had the highest rate of foreclosures per household, with one in every 1,418 homes scheduled for auction in July 2009.

• Newark, Paterson and Trenton were the cities with the most new foreclosures in July 2009. Newark topped the list with 71 new foreclosures, followed by Paterson with 37 new foreclosures, and 34 in Trenton.

The full New Jersey July 09 Foreclosure Report can be found on PropertyShark BlogCenter along with other market reports and press resources.

In addition to foreclosure listings, PropertyShark.com visitors can view property reports, run sales comparables to assess market values, and browse New Jersey homes for sale. PropertyShark also runs real estate classes in Manhattan through www.PropertySharkUniversity.com.

About PropertyShark: With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values, property tax,  and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

Long Island Foreclosures Down 34% from June 2009 But Up 3% from July 2008 Says PropertyShark.com

PropertyShark.com today released its monthly report covering first-time residential foreclosures in Long Island (Suffolk County, Nassau County) for July 2009.

Hempstead, NY, August 13, 2009 – PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in Long Island (Suffolk County, Nassau County) for July 2009.

Key Report Findings

• Long Island foreclosures down 34% from June 2009 but up 3% from July 2008: New foreclosures in Long Island (202) are up 3% in July 2009 from July 2008 (197) but down 34% from June 2009 (305).
• Nassau County reached the lowest level of new foreclosures for the year in July 2009: The current number (48) is 61% lower than in July 2008 (122) and 48% lower than in June 2009 (93).
• Suffolk County foreclosures up 105% from July 2008, but down 27% from June 2009: There were 154 new foreclosures in Suffolk County in July 2009, up 105% from July 2008, but down 27% from June 2009.

The full Long Island July 09 Foreclosure Report can be found on PropertyShark BlogCenter along with other market reports and press resources.

In addition to foreclosure listings, PropertyShark.com visitors can view property reports for almost every property on Long Island, run sales comparables to assess market values, and browse Long Island homes for sale including Hamptons Homes For Sale. PropertyShark also runs real estate classes in Manhattan through www.PropertySharkUniversity.com.

About PropertyShark: With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, property tax, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

Los Angeles Foreclosures Fall 26%, Miami Foreclosures Drop 22% and New York City Decline 7% Compared to July 2008; Seattle Foreclosures Up 63% Says PropertyShark.com

Los Angeles Foreclosures Fall 26%, Miami Foreclosures Drop 22% and New York City Decline 7% Compared to July 2008; Seattle Foreclosures Up 63% Says PropertyShark.com

New York City, NY, August 11, 2009 – PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in New York City, Miami, Seattle and Los Angeles for July 2009.

Key Report Findings

• Queen’s (199) properties comprised 63% of the new foreclosures in New York City.
• New scheduled foreclosure auctions in New York City (318) decreased 7% from July 2008 (341) and were down 8% from June 2009 (344).
• Investors are reluctant to buy New York City* foreclosures at auction: Out of the 250 newly scheduled foreclosures in Queens, Brooklyn, and Manhattan, 75 properties were auctioned while the rest were postponed. Of the 75 successfully auctioned properties only 9 (12%) were bought by investors (independent buyers), the other 66 being repossessed by the banks.
• In July 2009, new foreclosures in Miami (858) declined 22% from July 2008 (1,099), but increased 36% over June 2009 (633).
• There were 325 new trustee sales scheduled in Seattle for July 2009, up 63% from July 2008 (199) and 21% lower than June 2009 (410).
• Los Angeles had 4,421 new trustee sales scheduled in July 2009, down 26% from July 2008 (5,985), and down 17% from June 2009 (5,327).

The full July 09 Foreclosure Report can be found on PropertyShark BlogCenter along with other market reports and press resources.

In addition to foreclosure listings, PropertyShark.com visitors can view property reports for almost every property in New York City, run sales comparables to assess market values, or browse Manhattan Ultra-Luxury Sales.  PropertyShark also runs real estate classes in Manhattan through www.PropertySharkUniversity.com.

About PropertyShark: With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, property tax, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

Suffolk County Foreclosures Jump 62% Compared to Q2 2008, While Nassau County Foreclosures Decline by 33%, Says Q2 Long Island Foreclosure Report by PropertyShark.com

East Hampton, NY, July 21, 2009 – PropertyShark.com, the premier real estate data site, today released its quarterly report covering first-time residential foreclosures in Long Island (Suffolk County, Nassau County) for Q2 2009.

Key Report Findings

• New foreclosures in Long Island decreased 20% from Q1 2009: Long Island foreclosures (757) were down 20% compared to Q1 2009 (944), and up 9% over Q2 2008 (696).

• Nassau County new foreclosures decreased 58% from Q1 2009: Compared to Q1 2009 (626), new foreclosures in Nassau County (265) went down 58%. Since Q2 2008 (393), new foreclosures declined by 33%.

• New Foreclosures in Suffolk County reached two-year high in Q2 2009: There were 492 new foreclosure auctions scheduled in Suffolk County during Q2 2009. This was up 62% compared to Q2 2008 (303), and up 55% from Q1 2009 (318).

• High foreclosure rates in Bayshore, Central Islip and Brentwood: Bayshore had a rate of one in every 250 homes scheduled for auction, Central Islip had a rate of one in every 293 homes scheduled for auction, and one in every 340 homes in Brentwood was scheduled for auction.

The full Long Island Q2 09 Foreclosure Report can be found on PropertyShark BlogCenter along with other market reports and press resources.

In addition to foreclosure listings, PropertyShark.com visitors can view property reports for almost every property on Long Island, run sales comparables to assess market values, and browse Long Island Homes For Sale including Hamptons Homes For Sale. PropertyShark also runs real estate classes in Manhattan through www.PropertySharkUniversity.com.

About PropertyShark: With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

Seattle Foreclosures Rocket 105% Higher in the Second Quarter of 2009, Los Angeles Up 47% and New York City Foreclosures Up 3% from Q1 2009 Says PropertyShark.com Report

New York, July 8, 2009 – PropertyShark.com, the premier real estate data site, today released its quarterly report covering first-time residential foreclosures in Los Angeles, Miami, Seattle and New York City for Q2 2009.

(Note: This report covers Q2 09 in aggregate. To view individual foreclosure listings in an area, click here.)

Key Report Findings

• New York City foreclosures (892) down 7% compared to Q2 2008 (962) and up 3% over Q1 2009(869).

• New foreclosures in Queens (610) were up 9% from Q2 2008 and up 5% from Q1 2009.

• Seattle foreclosures (1,235) reached record highs in Q2 2009: The 1,235 foreclosure auctions scheduled this quarter are 105% higher than in Q1 2009 (602), a 129% increase in new foreclosures since Q2 2008 (539).

• Los Angeles foreclosures up 47% from Q1 2009 (9,263) to Q2 2009 (13,654): This is 6% lower than the level recorded in Q2 2008 (14,511), but still represented one in every 230 homes scheduled for auction.

• Miami foreclosures (2,556) down 14% from Q1 2009Compared to Q2 2008 (2,677), new foreclosures were down 5%.

Press may request a copy of the report by contacting Brian Scully at 718.408.4985 or visiting PropertyShark BlogCenter .

Real estate investors can browse current foreclosure listings for the following areas:

• Miami Foreclosures
• New Jersey Foreclosures
• NYC Foreclosures
• San Francisco Foreclosures
• Seattle Foreclosures

With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, property tax, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

Miami Foreclosures up 13% and Seattle up 78% from April 2008 says PropertyShark.com Report. Los Angeles and New York City Foreclosures Down 20%

Los Angeles, CA, May 13, 2009 – PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in Los Angeles, Miami, Seattle and New York City for April 2009.

(Note: This report covers April 09 in aggregate. To view individual foreclosure listings in an area, go to http://www.propertyshark.com/mason/Foreclosures/new_york/)

Key Report Findings

• There were 341 new foreclosures in Seattle for April 2009, up 70% from March 2009 (201) and 78% higher than April 2008 (192)

• Los Angeles had 3,622 new foreclosures in April 2009, a 4% drop from March 2009 (3,774) and 20% lower than April 2008 (4,546)

• In April 2009, new foreclosures in Miami totaled 993, increasing 9% over March 2009 (915) and 13% over April 2008 (882)

• New York City foreclosures (all five boroughs) saw an 18% decrease from March 2009 (320) and a 20% decrease from April 2008 (329)

• Queens‘ new foreclosures (172) recorded a 23% drop from March 2009 (222) and an 11% decrease from the April 2008 numbers (193)

• Manhattan had 8 new foreclosures in April 2009, 47% less than in April 2008 (15)

“The recent spike upwards in Seattle foreclosures is troubling,” states Bill Staniford, CEO of PropertyShark.com. “Most regions we track reached their distressed property peaks in 2008 and are rebounding, while what was a stable Seattle real estate market seems to be getting worse.”

Press may request a copy of the report by contacting Brian Scully at 718.408.4985 or visiting PropertyShark BlogCenter

Real estate investors can browse current foreclosure listings for the following areas:

• Miami Foreclosures
• New Jersey Foreclosures
• NYC Foreclosures
• San Francisco Foreclosures
• Seattle Foreclosures

With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, property tax, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

New Jersey Foreclosures Down 10% from Q1 2008, But Up 13% Over Q4 2008

PropertyShark.com released its quarterly report covering first-time residential foreclosures in New Jersey for Q1 2009. Foreclosure auctions scheduled in New Jersey in Q1 2009 (2,293) were down 10% compared to Q1 2008 (2,560), but they have gone up 13% since Q4 2008 (2,030).

New York, NY, April 15, 2009 – PropertyShark.com, the premier real estate data site, today released its quarterly report covering first-time residential foreclosures in New Jersey for Q1 2009.

(Note: This report covers Q1 09 in aggregate. To view individual foreclosure listings in an area, go to http://www.propertyshark.com/mason/Foreclosures/new_jersey/)

Key Report Findings

• Foreclosure auctions scheduled in New Jersey in Q1 2009 (2,293) were down 10% compared to Q1 2008 (2,560), but they have gone up 13% since Q4 2008 (2,030).

• Essex County (296) had the most New Jersey foreclosures scheduled in Q1 2009 – Essex (296), Passaic (217), Ocean (217), and Union (215) counties had the most new foreclosures in New Jersey in Q1 2009.

• Of New Jersey cities, Newark had the most new foreclosures; Dover had the highest rate of new foreclosures – There were 133 new foreclosures in Newark, followed by Paterson with 120, and Elizabeth with 71. Dover had a rate of one home scheduled for foreclosure auction for every 170 homes, followed by Paterson with one in every 373.

• Passaic County had the highest rate of foreclosures per household with one in every 755 homes scheduled for auction in Q1 2009 – Union County followed with one in every 866 homes scheduled for auction, and Ocean County had one foreclosure for every 924 homes.

Press may request a copy of the report by contacting Brian Scully at 718.408.4985 or visiting PropertyShark BlogCenter.

Real estate investors can browse current foreclosure listings for the following areas:

• Miami Foreclosures
• New Jersey Foreclosures
• NYC Foreclosures
• San Francisco Foreclosures
• Seattle Foreclosures

With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, property tax, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

Los Angeles Foreclosures Down 18% from Q4 2008; Seattle Foreclosures Up by 88%, Miami by 29% and New York City up by 14% Says PropertyShark.com

In the Q1 2009 Foreclosure Report by PropertyShark.com, Los Angeles foreclosures were down 18% from Q4 2008, Miami foreclosures increased by 29%, New York City by 14%, and new scheduled foreclosures in Seattle were up 88%.

New York, NY, April 14, 2009 – PropertyShark.com, the premier real estate data site, today released its quarterly report covering first-time residential foreclosures in Los Angeles, Miami, Seattle and New York City for Q1 2009.

(Note: This report covers Q1 09 in aggregate. To view individual foreclosure listings in an area, go to http://www.propertyshark.com/mason/Foreclosures/new_york/)

Key Report Findings

• New foreclosures in Los Angeles dropped 18% from Q4 2008 (11,238) to Q1 2009 (9,260): This brought Los Angeles very close to the foreclosure level recorded in Q1 2008 (8,898).

• New foreclosures in Miami (2,961) reached a two-year high in Q1 2009: This is 33% higher than Q1 2008, and a 29% increase since Q4 2008.

• New foreclosures in New York City (869) were down 5% compared to Q1 2008 (918) and up 14% over Q4 2008 (764).

• New foreclosures in Queens comprised 66% of foreclosures in New York City. Queen’s foreclosures were up 14% compared to Q1 2008 and up 17% from Q4 2008.

• Brooklyn saw a significant drop in new foreclosures, declining 74% compared to Q1 2008 and down 55% from Q4 2008.

• New foreclosures in Seattle (601) reached a two-year high in Q1 2009: This is 55% higher than Q1 2008 and 88% higher than Q4 2008.

Press may request a copy of the report by contacting Brian Scully at 718.408.4985 or visiting PropertyShark BlogCenter .

Real estate investors can browse current foreclosure listings for the following areas:

• Miami Foreclosures
• New Jersey Foreclosures
• NYC Foreclosures
• San Francisco Foreclosures
• Seattle Foreclosures

With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

New Jersey Foreclosure Report Issued by PropertyShark.com for February 2009. There were 601 new foreclosures scheduled for auction in New Jersey in February 2009, which is down 23% from January 2009 (783) and down 24% compared to February 2008 (793).

Jersey City, NJ, March 23, 2009 – PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in New Jersey for February 2009.

(Note: This report covers February 09 in aggregate. To view individual New Jersey foreclosure listings scheduled for auction this week, go to http://www.propertyshark.com/mason/Foreclosures/new_jersey/)

Key Report Findings

• Newark topped the list with 37 new foreclosures, followed by Paterson with 29, and there were 24 new foreclosures in both Elizabeth and Trenton.
  
• Jackson Township had the highest rate of foreclosures per household with one in every 1,090 homes scheduled for auction, followed by Plainfield with one in every 1,164.
• There were 601 new foreclosures scheduled for auction in New Jersey in February 2009, which is down 23% from January 2009 (783) and down 24% compared to February 2008 (793).
• Essex, Middlesex, Ocean, and Union counties had the most new foreclosures in February 2009. Essex County (79) had the highest number of new foreclosures scheduled in February 2009.
• Union County had the highest rate of foreclosures per household with one in every 3,002 homes scheduled for auction in February 2009. Passaic County followed with one in every 3,151 homes scheduled for auction, and Atlantic County had one in every 3,167.
• Newark had the highest number of foreclosures, while Jackson Township had the highest foreclosure rate.

Press may request a copy of the report by contacting Brian Scully at 718.408.4985 or visiting PropertyShark BlogCenter .

Real estate investors can browse current foreclosure listings for the following areas:

• Miami Foreclosures
• New Jersey Foreclosures
• NYC Foreclosures
• San Francisco Foreclosures
• Seattle Foreclosures

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With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales,  property tax, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

Hempstead, NY, March 17, 2008 – PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in Long Island (Suffolk County foreclosures, Nassau County foreclosures) for February 2009.

(Note: This report covers February 09 in aggregate. To view individual Long Island foreclosure listings scheduled for auction this week, go to http://www.propertyshark.com/mason/Foreclosures/new_york/ )

Key Report Findings

• New foreclosures in Long Island totaled 324 in February 2009, increasing 26% over January 2009 (257) and 69% over February 2008 (192).
• There were 220 new foreclosures in Nassau County in February 2009, which is up 26% from January 2009 (174) and 168% higher than in February 2008 (82).
• With 104 new foreclosures in February 2009, Suffolk County saw a 25% increase over January 2009, but a 5% decrease compared to February 2008.
• Long Island Lis Pendens filed in January 2009 (500) increased 74% over December 2008 (288), but Lis Pendens filings dropped 58% when compared to January 2008.

Nassau County Foreclosures

• There were 220 new foreclosures in Nassau County in February 2009, which is a 26% increase over January 2009 (174) and a 168% increase over February 2008 (82).

Suffolk County Foreclosures

• There were 104 new foreclosures in Suffolk County in February 2009, which is up 25% over January 2009, but down 5% from February 2008.

Press may request a copy of the report by contacting Brian Scully at 718.408.4985 or visiting PropertyShark BlogCenter .

Real estate investors can browse current foreclosure listings for the following areas:

• Miami Foreclosures
• New Jersey Foreclosures
• NYC Foreclosures
• San Francisco Foreclosures
• Seattle Foreclosures

###

With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales,  property tax, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com