Pre-Foreclosures Are Spiking Across New York City | WHAT REALLY HAPPENED

Pre-Foreclosures Are Spiking Across New York City

Pre-foreclosures are spiking in New York City according to a new PropertyShark analysis. On a quarter over quarter basis, they are up an astounding 31%. Analysis for New York indicated that the city saw 3,070 properties entering pre-foreclosure for the first time in Q2. According to the report, foreclosures are likely to increase in coming quarters based on these numbers.

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