Foreclosures About to Jump?
Started by nyc10022
over 17 years ago
Posts: 9868
Member since: Aug 2008
Discussion about
Claim here is that the 90-day moratorium just delayed the inevitable, and we're about to get smacked... http://www.thedailybeast.com/blogs-and-stories/2008-11-26/new-yorks-impending-real-estate-doom/1/ “It is going to be an absolute disaster next month,” said Bill Staniford, the CEO of PropertyShark.com, a real estate research site. “We haven't seen anything yet.” Banks will be bringing foreclosure filings “by the wheelbarrow,” said one court officer in Queens,
I guess maybe not so much in Manhattan?
well, brooklyn is now more expensive than manhattan, so...
;-)