Money Matters

The Bronx Sees Highest Increase in NYC Foreclosures Over Last Year

In a report issued by real estate research site, PropertyShark, The Bronx has seen the highest increase in foreclosures in the second quarter of 2016 compared to the same time period last year—by 47%.

Leading the Bronx in foreclosures is the 10473 zip code encompassing the neighborhoods of Parkchester, Soundview, and Castle Hill with 24 new foreclosures listed totaling $3,034,143 with an average lien of $379,267.

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