Foreclosures went up in The Bronx during the first quarter of the year by 33% compared to the same period last year but dropped by 41% compared to the previous quarter.
The Bronx was also the only borough to show an increase in first time foreclosures which went up by 2% according to PropertyShark who published the report.
Foreclosures were highest in the 10462 zip code of the borough which covers parts of Parkchester, Van Nest, and Morris Park, registering 22 in Q1 2018.
Since 2009, Welcome2TheBronx has been a popular online platform dedicated to highlighting the vibrant culture, history, and ongoing developments within New York City’s northernmost borough. Founded by life-long resident and community advocate Ed García Conde, the site features local news, personal stories, and in-depth coverage of issues such as gentrification, community empowerment, art, and real estate. Through its engaging content and active social media presence, Welcome2TheBronx has become a trusted resource for residents and visitors alike, shining a spotlight on the unique identity and rich heritage of the Bronx.
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