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Forum Roundup: New Jersey’s Bleak Foreclosure Numbers

March 4th, 2013 by

Our partner NJ Spotlight covers the Forum panel on foreclosures in New Jersey.

vacancyThe numbers tell a grim story for the Garden Sate. The tide of foreclosure is slowly receding across many of the nation’s housing markets, but it is still rising across southern New Jersey.

While other regions may have higher raw numbers, housing distress was becoming pervasive across the state’s southern counties even before superstorm Sandy, according to participants in New Jersey Future’s 2013 redevelopment forum.

And even though big cities like Phoenix and Las Vegas grab foreclosure headlines, South Jersey communities top the list for a number of unfortunate housing market trends.

Read more at NJ Spotlight: Foreclosure Numbers Paint Bleak Picture of the Garden State

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