New York, New York! New Foreclosures in NYC Up 79% in Q3 2017

This is a syndicated repost courtesy of Snake Hole Lounge. To view original, click here. Reposted with permission.
Both New York City and Washington DC have been the slowest growing cities in terms of home prices of the Case-Shiller 20 metro index. In fact, New York City home prices are only back to where they were when The Fed started their quantitative easing (QE) program and crammed their target rate down to 0.25% in 2008.

This post was published at Wall Street Examiner by Anthony B Sanders ‘ October 10, 2017.