Foreclosure in Manhattan New York is something that we (sellers, buyers, and buyers) have not yet experience much. We may start seeing more short sales in Manhattan New York in the months to come as other parts of the country are very familiar with Short Sales. With the recent financial crisis, buyers are hoping to see a glimpse of foreclosure in Manhattan New York and buying some deals. I am not sure if those days will come, but Property Shark has prepped and release its foreclosures report for 2/2009. The report covers L.A., Miami, Seattle and New York, Property Sharks has released the information to Curbed.com and allow us have granted us an early look at the NYC data.
Foreclosure in Manhattan New York may be coming and becoming more common than before...With banks, sellers, buyers, Real Estate professionals, analysts, the federal government unsure of what to make of this whole housing situation as it pertains to mortgages and delinquent loans in the near future, the city actually saw a 3 percent decrease in new filings from January to February, and a 10 percent fall from February 2008. There were 269 new foreclosures across all five boroughs in month of February. (source: Property Shark)
Number of Foreclosure in Manhattan New York for the month of February 2009 is 9.
If you are a property owner that owes more than you own and not sure what to do, please contact us (212)321-7122 or Email us at ehsu(at sign)elliman.com. We can help. Having Short Sale in Manhattan New York - New York is complicated, SELLERS or BUYERS please read our series in order to better understand what a short sale is and how we will proceed on with the short sale. If you are thinking about doing a short sale in Manhattan New York city market, call Eileen Hsu or Morgan Evans at (212)321-7122 for futher details and your confidential short sale intake evaluation.
- Short Sale in Manhattan New York - New York Part 1
- Short Sale in Manhattan New York - New York Part 2
- Short Sale in Manhattan New York - New York Part 3
Copyright © 2009 By Eileen Hsu, All Rights Reserved. *Foreclosure in Manhattan New York*
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