Real LI

Buying and selling real estate in the communities of Long Island

Foreclosure filings up from last month

New York State officials said Suffolk is the

New York State officials said Suffolk is the No. 1 one county in the state in terms of the number of foreclosures, followed by Queens and Nassau. (Credit: iStock)

Foreclosure filings on Long Island spiked 44 percent in March from the month before.

The number of March foreclosure filings — default notices, scheduled auctions and bank repossessions — remained lower than in the previous March, RealtyTrac, a national data provider, reported.

There were 328 foreclosure filings in Nassau County last month, 47 percent more than in February but nearly 3 percent fewer than in March 2011, RealtyTrac said.

In Suffolk County, there were 303 foreclosure filings in March, 41 percent more than the previous month but nearly 14 percent fewer than in March 2011.

Long Island foreclosures were up by 4 percent in the first quarter of 2012 compared with the last quarter of 2011, but still 37 percent lower than in the first quarter of 2011.
 

Tags: RealtyTrac , foreclosures

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