STATEN ISLAND HOUSING MARKET

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According to Realty Trac, November 2009, Richmond County had the 3rd highest percentage foreclosure rate in the State.

WHY..At the end of 2007, Staten Island homeowners had the city’s highest percentage of subprime loans.

Now these loans have turned into a sea of foreclosures, short sales and bank owned properties.

For those homeowners who can take advantage, the HOME AFFORDABLE REFINANCE PROGRAM has been extended to June 2011.

For information on what’s for sale on Staten Island, New York, you can reach me at Appleseed Homes (718)966-4000 or visit my website.

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