Delinquency, Foreclosures Climb In NY Area
Analytics company CoreLogic Inc. has reported that delinquency and foreclosure rates in the greater New York City area rose at the end of 2011, bucking a national trend toward reductions in both categories. In December 2011, foreclosure inventories hit 4.6 percent, a 0.6 percent increase from the previous year, while delinquency rates hit 7.9 percent [...]