Foreclosures up 14% in Nassau from 2011-2012
Thousands of Long Islanders are losing their homes each year. (January 17, 2013)
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Long Island Foreclosures
WOODBURY - Thousands of Long Islanders are losing their homes each year.
RealtyTrac data shows there were 4,589 foreclosures in Nassau County in 2012, up 14 percent from 2011.
In Suffolk, there were 3,643 foreclosures, down 4 percent from 2011.
Economists say foreclosures on Long Island are expected to rise for at least the first half of 2013. But they say home prices are slowly increasing as well.
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