Monthly Archives: August 2012
Foreclosure Filings Rising
For many people, Long Island and the American dream of home ownership were synonymous. People felt as though they could purchase a home and live the life they imagined. Things seemed well and good, and money was cheap and free flowing. Since the real estate “bubble” burst, Long Islanders have suffered dramatically. Foreclosure rates are among the highest in New York state. No one knows when the real estate market will rebound but, for now, many Long Islanders are struggling to survive and stay current with their mortgage(s). Many of us are not succeeding. However, there has been significant and […]