Tuesday, October 29, 2013

NY Daily News- Top Stories: Foreclosures surge post-Sandy, but prices rise

NY Daily News- Top Stories
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Foreclosures surge post-Sandy, but prices rise
Oct 30th 2013, 04:39, by PHYLLIS FURMAN

In a sign that Sandy victims can't keep up with their mortgage payments or are choosing to abandon their battered homes, foreclosure activity in New York City and Long Island surged 33% in the first nine months of the year, compared with the same period last year, according to a special report from RealtyTrac.

    

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