May 13, 2008 UPDATE:

For all of you looking for blood, yes foreclosures are up in the Hamptons. ALL THE WAY to EIGHT FOR THE FIRST QUARTER. WOW, JUICEY HUH?!?!?  And yes, there are more people behind in their mortgage payments than there were a year ago,  and THAT’S WHAT HAPPENS IN A SOFT ECONOMY!!!.

I think it’s a disgrace that those cynical morons in the media, most of whom can’t even afford their own home, have the nerve to print the names of those in financial distress.

Here, I have something for those sick-o’s; why not goto the top 10 most accident prone intersections in NY and get your thrills:  http://www.stephanpeskin.com/CM/Custom/Intersection-Injury-Fatalities.asp

 

ORIGINAL POST

The recent past has not resulted in a great many foreclosures in the combined townships of Southampton and East Hampton.

Here’s a look at the total foreclosures, on a quarterly basis since 2002, which I compiled, based upon information from Long Island Profiles -LIProfiles.com

The trend shows foreclosure activity going down in recent years. We’ll look again in a few months. md

[tags]Hamptons, hamptons foreclosures, mortgages, subprime, hamptons real estate[/tags]