Pre-Foreclosures Are Spiking Across New York City Up 31%

[Account Closed]

I simply found this to be interesting.  Keep in mind this is just one market and past results are not an indicator of future performance . . .

"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."