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New York

City foreclosures increase

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RealtyTrac reports that foreclosures increased from 1,648 to 2,561, or 55 percent, over the past year. Increases were 126 percent in Queens, 54 percent in the Bronx, 51 percent in Brooklyn and 12 percent in Manhattan. Staten Island recorded a decrease in foreclosures of 5.7 percent. more [Post]

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