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]


3 comments
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April 11, 2008 at 2:03 am
Texan Man
Hi, very informative blog. Any statistics on the home market for 2008?
April 16, 2008 at 11:03 am
Michael Daly
Reports run 30-60 days behind in this market. Will put some up soon. M
April 25, 2008 at 10:25 pm
Chuck Marunde
Good post. I think we’re a long way from seeing the end of the foreclosure nightmare across the U.S. Like a stone thrown in a pond, the little circles will reach further and further.