Comment on Residential foreclosure rates have been falling in region in recent years

Residential foreclosure rates have been falling in region in recent years

Mid-Hudson foreclosure rates have fallen significantly in recent years, reflecting a statewide residential real-estate recovery that’s moving the market closer to its prerecession health, a new state report shows.Pending residential real-estate foreclosures fell to 1,099 in Orange County in 2018, a 57 percent drop from the 2,551 in 2015. In Sullivan County, there was a 60 percent decrease to 268 from 667 in 2015, and in Ulster County a 58 percent drop to 487 from 1,167, [...]

 

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