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Your Business

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Foreclosures on the rise

By Bethany Bump
Thursday, May 9, 2013

Foreclosure activity was on the rise last month across the Capital Region except in Albany County, where default notices, scheduled auctions and bank repossessions all dropped off.

For the most part, Fulton, Montgomery, Saratoga, Schenectady and Schoharie counties saw an increase in activity in April compared to March and one year earlier, according to the latest report from RealtyTrac, a California-based firm that tracks foreclosures nationwide.

Foreclosure statistics for the Capital Region last month, broken down by county, are available below.

Local activity ran counter to overall foreclosure activity across the nation last month. Foreclosure filings were reported on 144,790 homes in April, down 5 percent from March and 23 percent from April 2012. That was the lowest monthly activity since February 2007.

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Foreclosure Report

 

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