North Jersey Home Values Trapped in a Time Warp

Bergen Record (N.J.), June 5, 2016–Lynn, Kathleen; Sheingold, David

New Jersey was No. 1 in the nation in the number of foreclosure actions started in the first quarter of this year, the Mortgage Bankers Association recently reported. About 11.5 percent of New Jersey mortgages were either late on payments or in foreclosure in the first quarter, compared with 6.5 percent nationwide.

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