RealtyTrac: New York State total annual and quarterly foreclosures increase, December foreclosures decrease

In its 2012 year-end foreclosure market report, which reports default notices, scheduled auctions and bank repossessions, RealtyTrac Inc. reported New York State had 34,251 total foreclosure filings in 2012, an increase of 31.23 percent from 2011. With one in every 237 homes receiving a foreclosure filing in 2012, New York State ranked 41 of all 50 states. During the 2012 fourth quarter, New York State had 10,250 total foreclosures, a 7.17-percent increase from the 2012 third quarter. New York State had 2,871 total foreclosures in December 2012, a decrease of 22.8 percent from November.

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