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Citywide Foreclosure Rates Highest In Brooklyn, Study Finds

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TWC News: Citywide Foreclosure Rates Highest In Brooklyn, Study Finds
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The city's foreclosure rate last year was highest in the East New York and Starrett City sections of Brooklyn, a new study finds, spotlighting a troubling growth in foreclosed properties across the state.

State Comptroller Thomas DiNapoli says that while the number of properties involved in new foreclosures across the state dropped from 2009 to 2010, the number of properties remaining in some stage of the process still continues to grow.

After East New York and Starrett City, Jamaica, Queens has the highest foreclosure rate per 1,000 households.

Putnam County ranked at the top of counties statewide.

As a whole, New York State ranks 42nd in foreclosure rates, with Nevada and Arizona holding the top two spots, respectively.

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