PropertyShark’s latest foreclosure report continues with expanded coverage across the broader New York metro area, including 12 New York and 12 New Jersey counties. Overall, the start of 2025 brought the slowest first quarter in five years as first-time foreclosures dropped 7% Y-o-Y to1,503 cases.
This was fueled by the decrease in filings in nearly half of the metro’s 24 counties, including its four most active markets: Queens, Suffolk County, Nassau County and Brooklyn, which claimed 37% of the metro’s caseload…