New York City, July 15, 2008 – 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 the second quarter of 2008.

Key Findings (Request report for details and charts):

• Long Island foreclosure number reached a one-year high in the second quarter of 2008: There were 693 new auctions scheduled in the second quarter of 2008, 40% higher than in Q2 2007.
• Suffolk County foreclosures increased at a greater rate than Nassau County: The number of Suffolk County foreclosures were 102% higher than in the same quarter last year, while Nassau County experienced a 14% increase over the same time period.
• Long Island’s foreclosure rate per household twice as large as New York City: The number of foreclosures per household reached 0.069% in Long Island in the second quarter of 2008, just shy of 0.072% rate in Queens and twice as big as in New York City (0.03%).
• The Town of Hempstead had the highest rate of foreclosures per household in Long Island: One in every 833 households was scheduled for a foreclosure auction in the second quarter of 2008, double the previous quarter when only one in 1,666 households was scheduled for auction.

“It was shocking to see that the level of foreclosures in Long Island actually exceeded the number of foreclosures in Queens, the borough with the most foreclosure activity from New York City” stated Ashleigh Rose Clark, Data Acquisition Manager at PropertyShark.com

Nassau County Overview

• Foreclosure Auctions: The number of newly scheduled auctions in Nassau County rose 95% from the previous quarter(201) and 14% from Q2 2007 (346), setting a one-year high with 392 new foreclosures. Single family homes were the most common property types scheduled for an auction.
• Town Overview: The Town of Hempstead shows the most foreclosure activity with 291 new scheduled auctions in the second quarter of 2008, which represents 74% of Nassau’s total number of new foreclosures, followed distantly by the town of Oyster Bay with 52 foreclosures and the town of North Hempstead with 34 foreclosures.

Suffolk County

• Foreclosure Auctions: There were 301 new foreclosure auctions scheduled in Suffolk County in Q2 2008, down 9% from the previous quarter (155), but up 102% from Q2 2007 (198). Brookhaven (152) had the highest number of foreclosures among the towns of Suffolk County, despite a 9% decrease from the previous quarter, followed by Islip (56) and Huntington (32).

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

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

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

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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

New York, NY, June 5, 2008 – PropertyShark.com, in collaboration with the Corcoran Group, today announce the release of the first Corcoran Report with sales data audited and supplemented by PropertyShark.com. The Corcoran Report covers Manhattan residential real estate sales for the second quarter of 2008.

“There is a lot of information available about real estate sales these days, not all of which is easy to comprehend” stated Pamela Liebman, CEO of the Corcoran Group. “That’s why, in order to capture the fullest and most accurate data set we could possibly obtain, we approached PropertyShark.com about becoming our collaborator in the report.”

The Corcoran Report seeks to inform homeowners about the relative value of their property while also educating potential buyers about what they might spend for different property types. It segments the Manhattan market into regions (downtown, midtown west, midtown east, upper west side, upper east side, and uptown) by property type (coop, condo, townhouse) and by whether it is a new development or a resale. The new development segmentation was added so as not to skew current re-sale prices with prices from closings of new development units that may have been in contract for 12-24 months.

“We are confident that the combination of Corcoran’s market knowledge and PropertyShark’s data handling expertise will bring valuable insight to anyone considering buying or selling a home” stated Matthew Haines, Founder and Chairman of PropertyShark.com. “Part of what attracted PropertyShark to this project was Corcoran’s interest in getting to the heart of the matter and simply ‘telling the story like it is’.”

Key Takeaways from 2Q08 Manhattan Sales;

• Sales Transactions: The number of residential sales transactions declined by 38% compared to the same period in 2007, with re-sale transactions showing the largest decline.
• Median Sale Price: Median sale price rose 13% over the same quarter in 2007. Median price was down 2% for re-sale properties and up by 48% for new development units.
• Region of Manhattan: For re-sales, the uptown Manhattan market had the largest increase in median sale price compared to the same quarter last year. Among new development sales, the upper west side showed the greatest median sale price increase compared to 2Q07.

“There has been much discussion of the slower level of sales activity this year and, with sales off 38% from the same time a year ago, this quarter provides perhaps the starkest example yet of the caution that has overtaken the market” stated Pamela. “By contrast, prices continue to be stable in both the re-sale and new development arenas, demonstrating once again the resiliency of residential real estate value in the borough.”

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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, sophisticated maps, for sale and for lease 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, real estate 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 York City, June 5, 2008 – 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 May 2008.

Key Four-City Findings (Request report for details and charts):

• Los Angeles foreclosures set a monthly record: New York City and Seattle foreclosures decline from last month: The number of newly scheduled trustee sales in Los Angeles County surged 17% from April 2008, setting a two-year record with 5,308 new trustee sales. New foreclosures in Miami remained flat while New York City and Seattle saw a decrease when compared to the previous month.
• Los Angeles, Miami, Seattle and NYC foreclosures all up big over May 2007: The number of new foreclosures were up over May 2007 by 233% in Los Angeles, 73% in Miami, 68% in Seattle, and 50% in New York City.
• The foreclosure epicenter in New York City is District 12 in Queens: District 12 in Queens (Jamaica, South Jamaica, Hollis and St. Albans) had 80 new foreclosure auctions scheduled in May 2008. Foreclosures in this Queen’s community district eclipses the entire boroughs of Brooklyn (55 new auctions) and Staten Island (47) for the month.
• Total lien amount in Los Angeles County approaches $2 billion: In Los Angeles County, the sum of the lien amounts for properties scheduled for trustee sale in May 2008 was $1,964,112,580, just shy of the $2 billion mark.

“While most of New York City has escaped the astronomical foreclosure activity seen nationwide, some areas like the neighborhoods of Jamaica, South Jamaica, Hollis and St. Albans are in dire shape, with a foreclosure rate per household 21 times higher than the city average” stated Ashleigh Rose Clark, Data Acquisition Manager at PropertyShark.com

Los Angeles County

• Trustee Sales: The number of newly scheduled trustee sales in Los Angeles County surged 17% from April 2008 and 232% from May 2007, setting a two-year record with 5,308 new trustee sales. The total lien amount was just shy of $2 billion.
• Los Angeles Trouble Spots: While zip codes in the Palmdale/Lancaster area continue to have the highest number of foreclosures, we have seen a troubling increase in foreclosures in some of the priciest zip codes of the county. The number of owners with a lien against their properties over $1 million reached 70 this month, more than double the average monthly number seen in the past 12 months.

“The aggregate amount of all liens from Los Angeles County properties scheduled for trustee sale for the first time in May 2008 is shockingly close to $2 billion, underlying the severity of the housing crisis in this region” said Robert Sarb, Product Manager at PropertyShark.com.

Miami Dade County

• Foreclosure Auctions: The number of new foreclosures remained flat in May 2008 from the previous month (882), when it reached a two-year peak. Compared to May 2007, Miami-Dade County registered a 72.9% increase.

New York City (five boroughs)

• New Foreclosure Auctions: New York City new foreclosures (313) saw a second consecutive month of decline, down 4.86% from April 2008 (329).
• Boroughs Overview: Queens (down 8.3%) experienced the most noticeable improvement in new foreclosure counts in May 2008 compared to the previous month. Despite this, the borough remains responsible for most of New York City’s foreclosure activity, compiling 56% of all new scheduled auctions.

Seattle (King County)

• There were 160 new foreclosure auctions scheduled in May 2008, down 16% from the 191 in April 2008, but up by 68% compared to May 2007.

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

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

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

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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 tax, sophisticated maps, homes for sale, foreclosures and pre-foreclosures, title search, 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 York City, June 3rd, 2008 – PropertyShark.com, the premier real estate data website, today released its quarterly investment property report covering multifamily property sales in New York City, Los Angeles, and San Francisco for the first quarter of 2008.

“The most telling market indicator for multifamily properties in New York City, Los Angles, and San Francisco is the 20-45% decrease in the number of sales compared to the same quarter last year. Transactions obviously just aren’t happening like they were in 2006″ stated Bill Staniford, CEO of PropertyShark.com.

Key high Level Findings (Request report for details and charts):

• Number of multifamily sales declined sharply compared to the first quarter of 2007 for San Francisco, New York City, and Los Angeles.
• Median sale price drops for multifamily properties in San Francisco and Los Angeles, but stays steady in New York City
• The median price per square foot for multifamily properties continued its downward trend compared to the first quarter of 2007 in San Francisco, New York City, and Los Angeles.

PropertyShark.com issues the quarterly Investment Property Report to provide real estate investors with quantitative market insight about multifamily buildings, defined as Two Family Dwellings, Three Family Dwellings, Four Family Dwellings, Five or More Family Dwellings, and Mixed Use Properties. It does not include single family homes, coop or condo units, or other commercial or industrial buildings.

San Francisco Multifamily Properties:

• San Francisco County registered 251 sales, down 24.62% from the last quarter of 2007 and down 21.56% since Q1 2007.
• The median sale price in San Francisco was $935,000, down 3.61% from Q4 2007, and down 14.61% from the first quarter of 2007.
• The median price per square foot in San Francisco was $301, up 1.78% from Q4 2007, but down 10.58% since Q1 2007.

Los Angeles Multifamily Properties:

• Los Angeles recorded 1,525 closings in the first quarter of 2008, down 5.63% from Q4 2007 and down 31.17% from Q1 2007.
• The median sale price in Los Angeles County for Q1 2008 was $535,000, down 10.83% from Q4 2007 and down 17.72% from Q1 2007.
• The median price per square foot in Los Angeles was $236 for Q1 2008, down 6.79% from Q4 2007, and down 18.35% since Q1 2007.

NYC Multifamily Properties:

• There were 2,991 closings in New York City, down 4.59% from Q4 2007 and down 41.41% from the first quarter of 2007.
• There were 2,991 closings in New York City, down 4.59% from Q4 2007 and down 41.41% from the first quarter of 2007.
• The median price per square foot in New York City was $242, down 3.01% from Q4 2007, and down 5.64% from Q1 2007. Of the five boroughs, Manhattan was the only borough which made a positive gain compared to Q4 2007, up 8.63%, but was still down 6.5% when compared to Q1 2007.

“After free falling for the first three quarters of 2007, Queen’s multifamily home sales are stabilizing around the 1,000 transaction mark” said Paula Flonta, Product manager at PropertyShark.com. “However, the median sale price as well as the median price per square foot are still on the decline”

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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, 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 York City, May 7th, 2008 – 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 April 2008.

Key Four-City Findings (Request report for details and charts):

• Foreclosures reached new record highs in Los Angeles, Miami, and Seattle: Scheduled foreclosure auctions rocketed higher in Los Angeles by 467% compared to April 2007, while in Miami they surged by 160%, and in Seattle by 30%, to reach two-year highs in each region.
• Los Angeles’ foreclosure rate per household 13 times higher than in New York City: The foreclosure rate per household in Los Angeles was the highest among the four cities, 5 times higher than Seattle, and over 13 times higher than New York City.
• Queens had 58% of New York City’s total foreclosures: Queens continues to show the most foreclosure activity out of all the boroughs, with 58% of New York City’s total number of newly scheduled auctions.
• In the City of Los Angeles, zip codes in Sylmar and Pacoima had the most foreclosures Within the Los Angeles City boundaries, zip codes in Sylmar (91342) and Pacoima (91331) had the highest number of foreclosures. Zip codes in Palmdale and Lancaster again had the most for the whole county.

“When we see a month where Los Angeles, Miami, and Seattle reach record foreclosure levels, it suggests we are not through this foreclosure crisis by any means”, stated Ashleigh Rose Clark, Data Acquisition Manager, PropertyShark.com

Los Angeles County

• Trustee Sales: The number of newly scheduled trustee sales in Los Angeles County rocketed 83% from the previous month and 467% from April 2007, setting, with 4,540 new trustee sales, a two-year record.
• Los Angeles Trouble Spots: Within the Los Angeles City boundaries, zip codes in Sylmar (91342) and Pacoima (91331) had the highest number of foreclosures. Zip codes in Palmdale and Lancaster again had the most for the whole county.

“While we thought Los Angeles trustees sales might finally be declining after seeing lower numbers in February and March, they jumped again to new highs in April” said Ashleigh Rose Clark, Data Acquisition Manager PropertyShark.com

Miami Dade County

• Foreclosure Auctions: There were 882 new foreclosure auctions scheduled in Miami-Dade County in April 2008, up 8.75% from the previous month’s number, 811, and up 160% from the April 2007 number of 339.

New York City (five boroughs)

• New Foreclosure Auctions: New York City foreclosures remained high, with a third consecutive month over the 300 mark.
• Boroughs Overview: Queens continues to show the most foreclosure activity out of all the boroughs, with 58% of New York City’s total number of newly scheduled auctions.

“This is the third consecutive month where we have seen New York City foreclosures pass the 300 mark, a level we didn’t even see in any month in 2007.” stated Ashleigh Rose Clark, Data Acquisition Manager, PropertyShark.com

Seattle (King County)

• There were 191 new foreclosure auctions scheduled in April 2008, up 189% from the 66 in March 2008, and up by 29% from April 2007. This represents a two-year record for the number of new foreclosure auctions.

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

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

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

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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, sophisticated maps, for sale 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 York City, April 8th, 2008 – 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 the first quarter of 2008.

Key Four-City Findings (Request report for details and charts):

• Foreclosure Auctions: PropertyShark.com recorded 8,877 first-time Los Angeles foreclosures, 2231 in Miami-Dade County, 918 in New York City, and 385 in Seattle for the first quarter of 2008.
• Comparison to Q1 2007: Scheduled foreclosure auctions in Los Angeles jumped 261% compared to the first quarter of 2007, while Miami increased by 126%, New York City by 66% and Seattle up 6.94%.
• Comparison to Q4 2007: First time foreclosure auctions for the quarter reached two-year peaks in all four regions studied, with New York City (up 51%) and Los Angeles (up 34%) having the highest increases over the previous quarter. The New York City increase is largely attributed to the borough of Queens.
• Foreclosures per Household: Of the four cities, Miami had again the highest foreclosure rate per household, 5 times higher than Seattle and 9 times higher per household than New York City.

“Record quarterly numbers in all four of these geographically dispersed major cities indicate that there may be few MSAs unaffected by the foreclosure crisis.” – Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com

Los Angeles County

• Trustee Sales: Los Angeles had 8,877 trustee sales during the period, 34.05% higher than last quarter and 261% higher than the same quarter last year.
• Los Angeles Trouble Spots: Zip Codes in Le Puente (91744, 88% increase), Palmdale (93550, 64% increase) and South Gate (90280, 62% increase) saw the highest increase in new trustee sales since last quarter. The top 5 zip codes were in Palmdale, Lancaster and Quartz Hill.

“With quarterly increases over both last quarter and the same quarter of 2007, Los Angeles reached new heights for Trustee Sale activity, again concentrated in the Lancaster/Palmdale area.” – Ashleigh Rose Clark, Data Acquisitions Manager, PropertyShark.com

Miami Dade County

• Foreclosure Auctions: There were 2231 new residential foreclosure auctions scheduled in Miami-Dade County for the first quarter of 2008, the highest quarterly number of new foreclosures in the past two years.

New York City (five boroughs)

• New Foreclosure Auctions: There were 918 first time foreclosures scheduled in New York City for the first quarter of 2008, a 51.7% increase in new foreclosures over the fourth quarter of 2007, and an increase of 65.7% over the first quarter of last year.
• New York City Boroughs: First time foreclosure auctions in Queens and Staten Island reached new highs this quarter, with Staten Island up 411% and Queens up 59% over the first quarter of last year.

“We saw massive increases in Queen’s foreclosures scheduled this quarter, 90% higher than the last quarter of 2007 and 59% higher than the same quarter last year. While Manhattan foreclosures are still almost nonexistent, Queens has single-handedly taken New York City foreclosure levels to new heights.” – Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com

Seattle (King County)

• Trustee Sales: The number of new foreclosure auctions saw a slight increase of 7% over the previous quarter, nonetheless reaching a quarterly two-year peak

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

• Miami Foreclosures
• New Jersey Foreclosures
• NYC Foreclosures
• Philadelphia Foreclosures

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

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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, sophisticated maps, residential for sale 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 York City, March 5th, 2008 – 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 February 2008.

Key Four-City Findings (Request report for details and charts):

• Foreclosure Auctions: PropertyShark.com recorded 2527 first-time Los Angeles foreclosures, 625 in Miami-Dade County, 300 foreclosure auctions in New York City, and 144 in Seattle for February 2008.
• Comparison to February 2007: Despite the improvements over last month, all regions had higher numbers of new foreclosures when compared to February 2007, ranging from a 9% increase in Seattle to 96% in Miami and 210% in Los Angeles. New York City saw an increase as well by 121%.
• Comparison to January 2008: After setting monthly records in January 2008, Los Angeles (down 35%), Miami (down 21%) and Seattle (down 18%) saw significant improvements in the number of new scheduled foreclosure auctions compared to the prior month. However, New York City set another two year high with a 13% increase over the previous month.
• Foreclosures per Household: Of the four cities, Los Angeles had the highest foreclosures rate per household, 4 times higher than Seattle and over 8 times higher than New York City.

“While we saw improvements compared to last month in Los Angeles, Seattle, and Miami, first time foreclosure auctions were up in all four cities when compared to the same month last year” stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com.

Los Angeles County

• Trustee Sales: Los Angeles had 2527 trustee sales during the period, 34.6% lower than last month but 209.7% higher than February 2007.
• Los Angeles Trouble Spots: The top five zip codes in Los Angeles for new scheduled trustee sales were again in the Lancaster, Palmdale, and Quartz Hill areas.

Miami Dade County

• Foreclosure Auctions: There were 625 residential foreclosure auctions scheduled in Miami-Dade County for February 2008, a decrease of 21.38% from January 2008 but 95.9% higher than February 2007.

New York City (five boroughs)

• New Foreclosure Auctions: There were 300 first time foreclosures scheduled in New York City for February 2008, a 12.78% increase in new foreclosures over January 2008, and an increase of 112.8% over February 2007
• New York City Boroughs: New foreclosure auctions in Queens and Brooklyn jumped by 25% and 20% respectively compared to January 2008, with Queens reaching two year highs.

“New York City first time foreclosures reached record monthly highs since we have been tracking them, lead by 20%+ monthly increases in Queens and Brooklyn” stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com

Seattle (King County)

• Trustee Sales: For February 2008, there were 144 new residential trustee sales scheduled in Seattle (King County), an 18.18% decrease over January 2008 (176), but a 9.9% increase from February 2007

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

• Miami Foreclosures
• New Jersey Foreclosures
• NYC Foreclosures
• Philadelphia Foreclosures

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

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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, sophisticated maps, homes for sale, 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 York City, February 5th, 2008 – 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 January 2008.

Key Four-City Findings (Request report for details and charts):

• Foreclosure Auctions: PropertyShark.com recorded 3,857 first-time Los Angeles foreclosures, 795 in Miami-Dade County, 266 foreclosure auctions in New York City, and 176 in Seattle for January 2008.
• Comparison to January 2007: Scheduled foreclosure auctions reached two-year peaks in all four regions, with Los Angeles rocketing up by 397% compared to January 2007, Miami increasing by 220%, and Seattle by 85%.
• Comparison to December 2007: After dipping in December 2007, the number of scheduled foreclosure auctions rose this month in all four regions (New York City, Miami, Los Angeles, and Seattle).
• Foreclosures per Household: Of the four cities studied, this is the first time in two years that Los Angeles surpassed Miami in foreclosures per household. Los Angeles rates were about 20% higher than Miami’s and 1296% higher per household than New York City’s.

“For the first time since PropertyShark.com has been tracking foreclosures, all four regions under study reached record monthly highs” stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com.

Los Angeles County

• Trustee Sales: Los Angeles had 3857 trustee sales during the period, 90.09% higher than last month and 397% higher than January 2007.
• Los Angeles Trouble Spots: Zip Codes in Lancaster and Palmdale topped the list, each zip code with increases in new foreclosures over last month well over 100%.

Miami Dade County

• Foreclosure Auctions: There were 795 residential foreclosure auctions scheduled in Miami-Dade County for January 2008, an increase of 20.27% from December 2007 and 220% higher than January 2007.

New York City (five boroughs)

• New Foreclosure Auctions: New York City saw a 106% increase in new foreclosures over December 2007, partially due to typical seasonality, but also increased by 24.3% over January 2007.
• New York City Boroughs: New foreclosure auctions in Staten Island jumped by 184% after seeing a big improvement in December. New auctions in Queens rose by 150%. All other boroughs also experienced an increase in new foreclosures.

“Queens’s foreclosures were back at troubling levels for the month of January, 150% higher than December 2007 and 5.5% higher than January of 2007″ stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com. “More alarming increases came from Staten Island, where foreclosures were up 260% from January of 2007.”

Seattle (King County)

• Trustee Sales: For January 2008, there were 176 new residential trustee sales scheduled in Seattle (King County), a 34.35% increase over December 2007 (131), and an 85% increase from January 2007

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

• Miami Foreclosures
• New Jersey Foreclosures
• NYC Foreclosures
• Philadelphia Foreclosures

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

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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, sophisticated maps, commercial for sale 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

Key Four-City Findings (Request report for details and charts):

• Foreclosure Auctions: PropertyShark.com recorded 6622 first-time trustee sales in Los Angeles, 1,942 in Miami-Dade County, 605 foreclosure auctions in New York City, and 360 in Seattle for the fourth quarter of 2007.
• Comparison to Q4 2006: Scheduled foreclosure auctions in Los Angeles, jumped 235% compared to the fourth quarter of 2006, while Miami increased by 156% and New York City by 71%. Seattle foreclosures decreased by 2.7% compared to Q4 2006.
• Comparison to Q3 2007: Los Angeles (up 24.45%) and Miami (up 20.70%) continued their upward trend in first time foreclosures with both counties setting quarterly records compared to the prior 8 quarters. After dipping in Q3 2007, Seattle foreclosures jumped by 43.42% while New York City saw a decrease of 13.32%.
• Foreclosures per Household: Of the four cities, Miami again had the highest foreclosure rate per household, 5 times higher than Seattle, and over 12 times higher per household than New York City.

“Both Los Angeles and Miami again set new highs for first time foreclosures since PropertyShark.com began tracking foreclosures, with trend lines suggesting things will continue to get worse” stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com.

Los Angeles County

• Trustee Sales: Los Angeles had 6622 trustee sales during the period, 24.45% higher than last quarter and 235% higher than the same quarter in 2006.
• Los Angeles Trouble Spots: Zip Codes in Pomona (91766, 113% increase), Compton (90221, 100% increase) and Norwalk (90650, 70% increase) saw the highest increase in new trustee sales since last quarter. The top 5 zip codes were in Palmdale, Lancaster and Quartz Hill.

“First time foreclosures in Los Angeles reached new highs with no end in sight. Again we see substantial foreclosure activity in the Lancaster/Palmdale area” said Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com.

Miami Dade County

• Foreclosure Auctions: There were 1942 residential foreclosure auctions scheduled in Miami-Dade County for Q4 2007, an increase of 20.7% from Q3 2007 and 156% higher than Q4 2006.

New York City (five boroughs)

• New Foreclosure Auctions: New York City saw a 13% decrease in new foreclosures over Q3 2007. However, the number is 71% higher than Q4 2006.
• New York City Boroughs: Staten Island was the only borough that experienced an increase in new foreclosures over last quarter and also had the highest percent increase over Q4 2006 (223%).

“First time New York City foreclosures jumped 71% in the fourth quarter of 2007 compared to the same quarter in 2006, although we did see a 13% decrease from last quarter, possibly due to the typical seasonal slowdown as government offices closed for the winter holidays” stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com.

Seattle (King County)

• Trustee Sales: For Q4 2007, there were 360 new residential trustee sales scheduled in Seattle (King County), a 43.42% increase over Q3 2007 (251), and 2.7% decrease from Q4 2006 (370).

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

• Miami Foreclosures
• New Jersey Foreclosures
• NYC Foreclosures
• Philadelphia Foreclosures

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

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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, sophisticated maps, commercial for sale 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 York City, December 5th, 2007 – 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 November 2007.

Key Four-City Findings (Request report for details and charts):

• Foreclosure Auctions: PropertyShark.com recorded 2436 first-time trustee sales in Los Angeles, 257 foreclosure auctions in New York City, 643 in Miami-Dade County, and 157 in Seattle for November 2007.
• Seattle Worsens: The number of new Seattle foreclosures jumped 118% in November 2007 over October 2007, and 33% over November 2006.
• Los Angeles Increases: The number of foreclosures rose in Los Angeles, 13.09% higher than last month and 233.7% higher than the same month in 2006.
• Foreclosures per Household: Of the four cities, Miami had the highest foreclosure rate per household, followed closely by Los Angeles. These rates per household are about 9 times the rates in New York City.

“The surprise this month was the doubling in the number of first time foreclosures in Seattle, an area which had recently shown consecutive monthly improvements” stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com.

Los Angeles County

• Trustee Sales: Los Angeles had 2436 trustee sales during the period, 13.09% higher than last month and 233.7% higher than the same month in 2006.
• By Zip Code: The top six zip codes for Los Angeles County foreclosures were in Lancaster and Palmdale.

Miami Dale County

• Foreclosure Auctions: There were 643 residential foreclosure auctions scheduled in Miami-Dade County for November 2007. The number was stable from the prior month (638), but 111.5% higher than November 2006.

New York City (five boroughs)

• New Foreclosure Auctions: New York City saw a 17.35% monthly increase in new residential foreclosures in November 2007 (257 foreclosures) compared to October 2007 (219 foreclosures), and a 129.46% jump over November 2006.
• Foreclosures by Borough: Of the New York City boroughs, Staten Island had the largest percentage increase in foreclosures (48.94%) compared to the prior month, and 366.67% over November 2006. Staten Island is second to only Queens in terms of the number of first time foreclosures in November 2007.

Seattle (King County)

• Trustee Sales: For November 2007, there were 157 new residential trustee sales scheduled in Seattle (King County), a 118% increase over October 2007 (72), and 33% rise over November 2006 (118).

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, 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