2022 Q1 Foreclosure Report: NYC Records 87 Foreclosures Since End of Moratorium
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.
The post 2022 Q1 Foreclosure Report: NYC Records 87 Foreclosures Since End of Moratorium appeared first on PropertyShark Real Estate Blog.
You can contact us to get more choices
0
You can contact us to get more choices
Related posts
Bridgeport was once unavoidable. In the middle of the last century, the waterfront Fairfield County city 60 miles from Manhattan churned out so many kinds of products, it seemed to be almost single-handedly shaping the habits of modern life. Rolling off the assembly lines there: lipstick cases, flashlights, typewriters, fans, underwear, sewing machines, cars, scissors, guns, lace, drills, helicopters and phonograph records. But some people are only familiar with the aftermath: crumbling factorie...
Bridgeport was once unavoidable. In the middle of the last century, the waterfront Fairfield County city 60 miles from Manhattan churned out so many kinds of products, it seemed to be almost single-handedly shaping the habits of modern life. Rolling off the assembly lines there: lipstick cases, flashlights, typewriters, fans, underwear, sewing machines, cars, scissors, guns, lace, drills, helicopters and phonograph records. But some people are only familiar with the aftermath: crumbling factorie...
There are few investments better than real estate; however, all investments carry some degree of risk by nature. This risk is even more prominent in investments like real estate, which has incredibly low liquidity. While many investors look at real estate acquisition as relatively safe, this can change drastically when buying a property that was foreclosed on from the previous owner. In this article, we’re going to take a closer look at just what makes buying a foreclosed property risky, a...
There are few investments better than real estate; however, all investments carry some degree of risk by nature. This risk is even more prominent in investments like real estate, which has incredibly low liquidity. While many investors look at real estate acquisition as relatively safe, this can change drastically when buying a property that was foreclosed on from the previous owner. In this article, we’re going to take a closer look at just what makes buying a foreclosed property risky, a...
At the beginning of the pandemic, office workers were liberated from their commutes but found themselves stuck at home and hungering for space. Many Americans went on a home buying frenzy, fueled by cheap debt and an insatiable urge to move. The result was a run up on home prices at a pace never seen before in U.S. history. Then the party ended with a thud last spring when mortgage rates doubled in a matter of months. Buyers evaporated from the market, unable to pay the staggering cost of buying...
At the beginning of the pandemic, office workers were liberated from their commutes but found themselves stuck at home and hungering for space. Many Americans went on a home buying frenzy, fueled by cheap debt and an insatiable urge to move. The result was a run up on home prices at a pace never seen before in U.S. history. Then the party ended with a thud last spring when mortgage rates doubled in a matter of months. Buyers evaporated from the market, unable to pay the staggering cost of buying...
It’s Easy To Blame Private Equity For Housing Shortage, But Crisis Has Deeper Roots
(Photo by Chris DELMAS / AFP) (Photo by CHRIS DELMAS/AFP via Getty Images)
AFP via Getty Images
(Photo by Chris DELMAS / AFP) (Photo by CHRIS DELMAS/AFP via Getty Images) The U.S. is in the midst of a housing supply crisis, with rents skyrocketing and the number of first-time homebuyers who can qualify for a mortgage on even a starter home shrinking. Who is to blame for this mess? The D...
It’s Easy To Blame Private Equity For Housing Shortage, But Crisis Has Deeper Roots
(Photo by Chris DELMAS / AFP) (Photo by CHRIS DELMAS/AFP via Getty Images)
AFP via Getty Images
(Photo by Chris DELMAS / AFP) (Photo by CHRIS DELMAS/AFP via Getty Images) The U.S. is in the midst of a housing supply crisis, with rents skyrocketing and the number of first-time homebuyers who can qualify for a mortgage on even a starter home shrinking. Who is to blame for this mess? The D...
Valued at $43 million at one point, a mansion on the golf course of the Arizona Biltmore Resort purchased in 2012 out of foreclosure for $4.25 million is now listed for $15 million. Take a photo tour inside and outside the property, and get the latest overall trends for the Valley's luxury market.
Valued at $43 million at one point, a mansion on the golf course of the Arizona Biltmore Resort purchased in 2012 out of foreclosure for $4.25 million is now listed for $15 million. Take a photo tour inside and outside the property, and get the latest overall trends for the Valley's luxury market.
With remote work on the rise, prospective parents have more flexibility to choose the best places to raise their families. With that in mind, they might want to read a new study by WalletHub, which considers a range of factors to find which U.S. states are best (and worst) for raising children. The states were scored using 51 weighted metrics across five categories. Metrics used to score the Health and Safety category included the availability and quality of medical care and providers, crime rat...
With remote work on the rise, prospective parents have more flexibility to choose the best places to raise their families. With that in mind, they might want to read a new study by WalletHub, which considers a range of factors to find which U.S. states are best (and worst) for raising children. The states were scored using 51 weighted metrics across five categories. Metrics used to score the Health and Safety category included the availability and quality of medical care and providers, crime rat...
If you are fortunate enough to own an investment property, you probably know something about generating additional income streams. You’ve heard about getting a home equity line of credit on your primary residence – but what about a rental? If you are looking for more ways to access capital, you may be wondering if you can get a home equity line of credit, or HELOC, on a rental property. The answer is yes, though there may be some hoops you’ll need to jump through. If you’ve got adequat...
If you are fortunate enough to own an investment property, you probably know something about generating additional income streams. You’ve heard about getting a home equity line of credit on your primary residence – but what about a rental? If you are looking for more ways to access capital, you may be wondering if you can get a home equity line of credit, or HELOC, on a rental property. The answer is yes, though there may be some hoops you’ll need to jump through. If you’ve got adequat...
About CMO Have you ever wondered what happens to the mortgage after you acquire one to buy a new piece of real estate? Well, the world of mortgages goes beyond a typical borrower with huge pools of similar mortgages and investors who invest in these pools. In this post, we will learn what is a collateralized mortgage obligation and how it works. What Is A Collateralized Mortgage Obligation? A collateralized mortgage obligation is mortgage-backed or structured security that consists of a pool o...
About CMO Have you ever wondered what happens to the mortgage after you acquire one to buy a new piece of real estate? Well, the world of mortgages goes beyond a typical borrower with huge pools of similar mortgages and investors who invest in these pools. In this post, we will learn what is a collateralized mortgage obligation and how it works. What Is A Collateralized Mortgage Obligation? A collateralized mortgage obligation is mortgage-backed or structured security that consists of a pool o...
Foreclosure rates rose rapidly across the country, including in North Carolina, in the first quarter of 2022 as the numbers move closer to pre-pandemic levels.
Foreclosure rates rose rapidly across the country, including in North Carolina, in the first quarter of 2022 as the numbers move closer to pre-pandemic levels.
After the expiration of the foreclosure moratorium, cases are starting to appear in NYC, with Brooklyn claiming 40% of the city's 87 cases.
The post 2022 Q1 Foreclosure Report: NYC Records 87 Foreclosures Since End of Moratorium appeared first on PropertyShark Real Estate Blog.
After the expiration of the foreclosure moratorium, cases are starting to appear in NYC, with Brooklyn claiming 40% of the city's 87 cases.
The post 2022 Q1 Foreclosure Report: NYC Records 87 Foreclosures Since End of Moratorium appeared first on PropertyShark Real Estate Blog.