After almost a two-year upward trend foreclosure filings are down in New York.
Things are looking good for the New York state housing market. Foreclosure filings throughout the state were down 31 percent in March, breaking a two-year trend:
"In the city, Queens foreclosure filings fell 25 percent, and in Staten Island filings dropped 26 percent. But Brooklyn saw the most dramatic decline, dropping 35 percent year-over-year, according to RealtyTrac data cited by the New York Post." (link)