New York Fed Releases an Assessment of the Distressed Residential Real Estate Situation


NEW YORK, NY – October 8, 2012 – (RealEstateRama) — The Federal Reserve Bank of New York today released new data1 about the distressed residential real estate market, including the inventory of real estate owned properties, or REO. Through interactive maps, viewers can explore the current status and potential future scenarios for REO properties at the national and state-specific levels. Another interactive map examines the magnitude and recent history of distressed sales in New York, New Jersey and Connecticut at the state and county level.

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