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RealtyTrac Misses the Mark

By Judi Desiderio, Thursday, March 24, 2011
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RealtyTrac continues to miss the mark on Long Island Foreclosure numbers.

The Lis Pendens filings have been dropping during the past several months, but a recent Newsday article quoted RealtyTrac’s February 2011 numbers as showing a 23% jump from a year earlier.
The actual Lis Pendens numbers from February 2010 and February 2011 show a 41% decrease in new filings.

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