X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-Foreclosure rates in the US housing market continue to be on the rise, thereby affecting the stability of home prices and forcing many Americans to lose their homes.

According to RealtyTrac, the month of July witnessed over 300,000 foreclosure filings, which included bank repossessions, auction notices and default notices, making it the 17th consecutive month to report such a high number of foreclosures. Bank repossessions have increased over the past eight months, with 92,858 homes repossessed in July. For the full story, go to New York Times.


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.