Tag Archives: real estate market

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, [...]

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 [...]