2024 Q3 Foreclosure Report: NYC Caseload Drops for Third Consecutive Quarter, Marks Least Active Period Since Q4 2022
Driven by significant slowdowns in Queens and Brooklyn, NYC foreclosures reach lowest levels in seven quarters.
Top 50 Most Expensive NYC Neighborhoods Q2 2024: Fieldston Lands Bronx Among City’s Most Expensive Neighborhoods for 2nd Time, Chinatown Back in Top 10 After 2 Years
City-level trends may have been muted, but significant shifts occurred among its exclusive neighborhood.
Q2 2024 Foreclosure Report: Queens & Brooklyn Claim 70% of City’s Caseload
NYC foreclosures remained flat in Q2, up just 1% Y-o-Y, with Queens accounting for 44% of all cases, while the Bronx had just 33 cases.
2024 Q1 Foreclosure Report: NYC Cases Exceed Half of Pre-Pandemic Figures, Queens & Brooklyn Supply 76% of Citywide Caseload
As foreclosure cases continued to tick up in Q1, Queens and Brooklyn supplied the bulk of the city’s caseload, while Manhattan figures started to dip.
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.
NYC Flood Zones: As Flooding Events Become More Frequent, How Are They Affecting Home Prices & Sales?
Since 2012, buyer interest has cooled somewhat in NYC’s flood zones, with medians here rising only 33% compared to 53% in low-risk zones.
2023 Q3 Foreclosure Report: NYC Foreclosures Increase 44% Year-Over-Year, Brooklyn Cases Surge 185%
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.
Which NYC Neighborhoods Saw Sales Fall the Most in the Past Year? Staten Island Claims Top Spot with Dongan Hills’ 86% Drop as Sales Contract in 193 Neighborhoods
193 NYC neighborhoods logged clear drops in sales, and only 22 experienced increases in transactional activity as market slowdown continues.
Top 50 Most Expensive NYC Neighborhoods Q1 2023: The Bronx Marks Historic 1st Entry, Brooklyn Enters Top 3
The NYC real estate market continued to cool in the first three months of the year with both sales and medians trending decidedly down.
Q1 Foreclosure Report: NYC Foreclosures Reach Highest Figure in 11 Quarters But Remain Well Below Pre-Pandemic Figures
Hitting 3-year high, foreclosure activity is steadily returning to NYC but first-time cases are still half of what they were pre-Covid.
After Frenzied 2022, NYC Multifamily Market Slows to Early 2020 Pace
2023 began with both the number of sales and the volume of sales in NYC’s multifamily sector more in line with the first quarter of 2020.
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.
NYC Multifamily Sales Volume Down 62% in Q1 as Slumping Rents & High Vacancy Rates Exacerbate Prior Slowdown
For the NYC multifamily sector, the downturn brought on by the pandemic was just another hit to an already cooled-down market.
Pandemic Causes Sales to Plunge 85% in Hudson Yards, NYC’s Priciest Neighborhood & Prices to Dip 8% in Manhattan
In 2020, Hudson Yards was NYC’s most expensive neighborhood with a $4.5 million median. TriBeCa was next with $3.2 million median sale price – a 3% decrease Y-o-Y.
NYC Multifamily Sales Volume Surges 39% in Q1
The effects of COVID-19 have yet to show up for NYC multifamily in Q1: sales volume leaps 39% Y-o-Y, totals $1.9 billion.
2019 Annual Multifamily Report: NYC Sales Volume Down 41%, Unit Volume Halved
Key Takeaways: Multifamily sales volume dives 41% Y-o-Y across the four boroughs. Manhattan prices accelerate;…
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