US EditionForeclosures Climb in This Major City - and Even the Most Elite ZIP Codes Aren't Spared
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Foreclosures Climb in This Major City - and Even the Most Elite ZIP Codes Aren't Spared
Industry Update July 17, 2025 Source: Realtor.com New York City saw a double-digit increase in foreclosure rates this spring, with mortgage defaults affecting even some of Manhattan’s most prestigious ZIP codes—although the borough did not lead in home seizures. New York City’s overall foreclosure rate jumped 11% in the second quarter of 2025, covering the months of April-June, compared with a year ago, according to the latest metro foreclosure …
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