For the first time since the onset of the housing slump, the rate of foreclosure filings in New Jersey outstrips the national average, the NJ Star Ledger reports
In September, one in every 453 homes in the state received a filing – either a default notice, a scheduled sheriff’s auction or a bank repossession, according to RealtyTrac, an Irvine, Calif.-based data tracking firm. The rate for the United States was one in 475 households.
U.S. foreclosure filings for the three months ending Sept. 30 rose a whopping 71 percent, year over year. During the same period, however, N.J. filings climbed 95 percent.
New Jersey ranked eighth in rate of filings for September. Nevada, California and Florida were the top states.
(Source: NJ Star ledger)
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Many of these people are poorer homeowners who came from NYC and were promised by their politicians the could afford homes across the GWB
Could someone please provise a link where one can see all local NY and NJ foreclosures and REO’s without having to pay for user fees?