Tag Archives: foreclosures

Suffolk County Foreclosure Rate Up From 2008

From Property Shark – Suffolk County foreclosures up 103% from Q3 2008
There were 454 new foreclosures in Suffolk County in Q3 2009, up 103% from Q3 2008, but down 8% from Q2 2009.

Brookhaven (148) and Islip (126) had the highest number of new foreclosures in Q3 2009. Babylon had the highest rate of [...]

This One Is For Anon E Moose

The House Next Door

Photographer Camilo Jose Vergara describes his unique photo essay, Paired Houses, But One Is Abandoned at Slate.
In Camden, N.J., perhaps the poorest American city I regularly visit, I photograph what I call paired houses: two dwellings, side by side, one occupied, the other empty. Those living in the occupied home often have their lives made [...]

34 Homes in Babylon Pending Foreclosure

Tom McGiveron has a new post up on foreclosure statistics in Nassau and Suffolk from RealtyTrac. RealtyTrac doesn’t have the best reputation for accuracy, but even still there’s bad new all around Suffolk county.
The big shock, 34 homes in foreclosure right here in Babylon. That may not seem like a lot. Looking at the numbers, [...]

Home Prices Drop In October

I’m trying to limit the number of doom and gloom posts here on HIB, but it’s hard to ignore this one.
From Bloomberg: Home Sales Fall, Record Drop in Prices

Home resales in the U.S. dropped in October and prices fell by the most on record, signaling a deepening housing recession going into 2009.
Purchases of existing [...]

Back In The Saddle Again

Hello HIB readers. Wow, a whole two weeks without an update. Did you guys miss me?
For those of you who are interested, little Aurora Jane is officially the light of my life. Mom and baby are doing well as we all adjust to our new circumstances. I’m back to blogging, so let’s get caught up.
After [...]

Doom and Gloom

After a bit of a hiatus on the real estate front, we’re back to our core…um…competency. Fannie and Freddie are bankrupt. Foreclosures on the rise. Dogs and cats…living together. Mass hysteria!
I got this graph from Matt Ygelesias.

Home loan troubles break records again
The Mortgage Bankers Association said Friday that more than 4 million American homeowners [...]