80
STATE OF AFFAIRS: NORTHEAST ยป
New Jersey
RANK: 1
90+ Day Foreclosure Unemployment
Delinquency Rate Rate Rate
MAY 2014
3.25% 6.14% 6.6%
YEAR AGO
4.51% 7.09% 8.4%
YEAR-OVER-YEAR CHANGE
-28.1% -13.4% -1.8%
Top County
SALEM COUNTY
90+ Day Foreclosure
Delinquency Rate Rate
MAY 2014
5.55% 10.82%
YEAR AGO
7.01% 10.38%
YEAR-OVER-YEAR CHANGE
-20.9% 4.3%
Top Core-Based Statistical Area
VINELAND-MILLVILLE-BRIDGETON, NJ
90+ Day Foreclosure
Delinquency Rate Rate
MAY 2014
6.39% 9.86%
YEAR AGO
8.19% 9.90%
YEAR-OVER-YEAR CHANGE
-21.9% -0.4%
note: The 90+ day delinquecy rate is the percentage of outstanding
mortgage loans that are seriously delinquent. The foreclosure rate is the
percentage of outstanding mortgage loans currently in foreclosure. State
rank is based on the May 2014 foreclosure rate. All fi gures are rounded
to the nearest decimal. The unemployment rate refl ects preliminary May
2014 fi gures released by the Bureau of Labor Statistics. All other data
courtesy of LPS Data & Analytics.
New Jersey
Lisa G
Lopez
Broker of Record
Home Alliance Realty
142 E. Bay Ave
Manahawkin, NJ 08050
609-978-9009 (o) 609-384-5109 (c)
lglopez@verizon.net
www.HomeAllianceRealty.com
www.LisaLopezProperties.com
New York
RANK: 3
90+ Day Foreclosure Unemployment
Delinquency Rate Rate Rate
MAY 2014
2.74% 4.74% 6.6%
YEAR AGO
3.09% 5.76% 7.8%
YEAR-OVER-YEAR CHANGE
-11.3% -17.7% -1.2%
Top County
SULLIVAN COUNTY
90+ Day Foreclosure
Delinquency Rate Rate
MAY 2014
3.35% 1.78%
YEAR AGO
2.59% 2.51%
YEAR-OVER-YEAR CHANGE
29.2% -29.0%
Top Core-Based Statistical Area
AMSTERDAM, NY
90+ Day Foreclosure
Delinquency Rate Rate
MAY 2014
4.80% 8.47%
YEAR AGO
4.41% 8.46%
YEAR-OVER-YEAR CHANGE
8.8% 0.2%
note: The 90+ day delinquecy rate is the percentage of outstanding
mortgage loans that are seriously delinquent. The foreclosure rate is the
percentage of outstanding mortgage loans currently in foreclosure. State
rank is based on the May 2014 foreclosure rate. All fi gures are rounded
to the nearest decimal. The unemployment rate refl ects preliminary May
2014 fi gures released by the Bureau of Labor Statistics. All other data
courtesy of LPS Data & Analytics.
The missing
piece for your
Real Estate Needs!
Kamla Jaikaran (Kay)
Carrington Real Estate
Services (US), LLC
Kamla Jaikaran (Kay)
1010 Northern Blvd, Suite 208
Great Neck, NY 11021
Phone: 718-986-6517
Efax: 718-732-2711
Email: kdjaikaran@gmail.com
www.carringtonres.com
BPO/CMA orders:
Please email: bpoprony@gmail.com
New York
Todd Yovino
Broker/Owner
Island Advantage Realty, LLC
Metropolitan New York and Long Island's
Default Specialist for Over 26 Years
Todd@iarny.com | 631-820-3400
www.islandadvantage.com
IN THE NEWS
New York AG
Announces State
Loan Program to
Prevent Foreclosures
e government of New York is taking
further steps to try to stem the tide of
foreclosures that still lingers in the Empire
State today. New York Attorney General Eric
T. Schneiderman announced the launch of
the New York State Mortgage Assistance
Program, or NYS MAP, which will provide
targeted small loans to families with the aim
of helping them avoid foreclosure.
e program is an addition to the
attorney general's Homeowner Protection
Program (HOPP), which provides free legal
and housing counseling services and has
served more than 28,000 homeowners across
the state since the launch of the program in
October 2012.
"For many families across New York State,
receiving a small loan through this program
will mean the difference between a mortgage
Year-to-date fall in
New Jersey's days
on market for single-
family listings.
Source: New Jersey Association of Realtors
STAT INSIGHT
-9.9%
Median home
value in New
York City.
Source: Zillow.com
STAT INSIGHT
$523,700
