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New York

NYC foreclosures increase

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Foreclosures in New York City are on the rise, according to reports from PropertyShark.com and RealtyTrac, but are increasing at a far slower rate than most of the rest of the country. RealtyTrac’s data found that foreclosure filings in the city were up 42 percent over this time last year, but national rates were up an average 87 percent. more [NYT]