RealtyTrac: New York State total foreclosure filings decrease

In its U.S. Foreclosure Market Report for December 2010, which reports default notices, scheduled auctions and bank repossessions in the month of November, RealtyTrac Inc. reported New York State had 2,779 total foreclosures, a decrease of 27.37 percent from October 2010 and a decrease of 36.56 percent from November 2009.

New York State ranked number 46 of all 50 states for monthly total foreclosure filings with one in every 2,871 properties receiving a foreclosure filing.

Foreclosure filings were reported nationally on 262,339 U.S. properties in November, a decrease of 21.02 percent from October 2010 and a decrease of 14.44 percent from year-ago totals. Nationally, one in every 492 properties received a foreclosure filing.

To read the entire RealtyTrac press release, click here.