foreclosures

The foreclosure picture overall is not pleasant in New Jersey, but the Garden State is also a leading contributor to a specific type of foreclosure that could be damaging property values across the state.

Foreclosure activity dropped to its lowest level last month since December 2006, according to the housing data site RealtyTrac, but the numbers for New Jersey weren't as promising.

New Jersey takes fourth place in a state-by-state ranking of high-end foreclosures, with nine such homes located in the Garden State.

New Jersey's foreclosure rate is moving in the opposite direction of the nation's as lenders deal with a backlog of delayed filings.

A new report shows the foreclosure crisis is easing over most of the nation, but that is not the case here in New Jersey.

The U.S. is on track to end the year with the fewest homes repossessed by lenders in six years, a trend that should help limit the negative impact foreclosures have on home values.

Here's a cautionary tale. If you're a homeowner displaced by Superstorm Sandy and have an FHA loan, you're entitled to an extension, but in some cases you may have to take some action of your own.

New Jersey's foreclosure rate nearly doubled from March to April. The nationwide numbers moved in the opposite direction, representing the lowest level since February 2007.

For the first time in several months, New Jersey has experienced a drop in foreclosure filings.

As foreclosure activity continues to drop nationwide, it's going in the opposite direction for the Garden State.