http://www.lirealestatereport.com/LIRERBlog The Real Real Estate Picture Sun, 06 Jun 2010 14:21:45 +0000 http://backend.userland.com/rss092 en The full year numbers for foreclosure filings (Lis Pendens) are in. The table below shows the figures for the past 5 years. The seemingly large jump between 2008 and 2009 is not a true indication of the year to year increase. As we have been reporting, there was a 4 month ... http://www.lirealestatereport.com/LIRERBlog/?p=59 First - the bad news - As predicted, the 3rd quarter number of foreclosure filings (Lis Pendens) on Long Island has already surpassed the record set in the 2nd quarter with 8% of the filing periods still unrecorded. We forecasted that the number could be greater than 5,600. It will definitely exceed ... http://www.lirealestatereport.com/LIRERBlog/?p=56 The foreclosure filings (Lis Pendens) on Long Island continue to grow at a record pace. The 3rd quarter total is already at 86% of the number of filings in the 2nd quarter, with less than 73% of the filing days recorded. This rate, coupled with the fact that many of the ... http://www.lirealestatereport.com/LIRERBlog/?p=53 The total number of 2nd quarter Lis Pendens filings on Long Island was 4,804. This is the highest quarterly total ever recorded. The previous high was 4,325 in the 2nd quarter of 2008. Both Nassau and Suffolk exceeded their previous highs which were also in the 2nd quarter of 2008.   Lis Pendens Filings Location 2007 ... http://www.lirealestatereport.com/LIRERBlog/?p=45 In last week's post, we reported that the 2nd quarter rise in the median price of private homes and condos was greater than any 2nd quarter increase in the past 5 years. With another week's worth of closings recorded and published, the percent of increase in the median price is ... http://www.lirealestatereport.com/LIRERBlog/?p=41 At the end of each quarter, we instinctively look for signs - positive or negative. Although the 2nd quarter numbers are not completely filled in (at this point in a typical quarter, approximately 80% of the previous quarter closings are recorded and published), the numbers point to an increase in the median ... http://www.lirealestatereport.com/LIRERBlog/?p=30 The number of weekly closings on private homes and condos on Long Island has fallen by 42.3% during the 29 month period beginning January 1, 2007. During the same period, the number of weekly foreclosure auction sales has risen by 133%.In January 2007, the average number of closings per week ... http://www.lirealestatereport.com/LIRERBlog/?p=3