Proposed New Jersey Legislation Seeks to Combat Foreclosure Crisis

Despite the fact that the national foreclosure rate seems to be improving, year after year New Jersey continues to lead the nation in foreclosures. Recently, a bill package has been advanced by the New Jersey State Senate that seeks to address the state’s foreclosure crisis.

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New Jersey Foreclosure Rate Highest in the U.S.

Despite the fact that the national foreclosure rate reached an 11-year low last year, New Jersey had the highest rate of foreclosure in the U.S. for the second consecutive year. The continued backlog of distressed properties in the foreclosure process, high property taxes, and slow economic growth is weighing heavily on the current New […]

New Jersey’s Foreclosure Rate Exceeds National Average

As some states around the country are seeing their foreclosure rates fall, New Jersey leads the U.S. in foreclosures, according to an article from NJ.com.

During the first half of this year, the number of properties starting the foreclosure process was 17% less than it was the same time last year, according to RealtyTrac. According […]

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