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Examining the rising foreclosure rate


  • Richard Deitz
  • Ramon Garcia


We examine the foreclosure rate in the U.S. economy and outline factors that may be contributing to its rise. We also investigate the behavior of foreclosure rates in New York State and six of its major metropolitan areas. Particular attention is given to Buffalo, where foreclosures increased fourfold in the 1990s.

Suggested Citation

  • Richard Deitz & Ramon Garcia, 2003. "Examining the rising foreclosure rate," The Regional Economy of Upstate New York, Federal Reserve Bank of New York, issue Spr.
  • Handle: RePEc:fip:fednre:y:2003:i:spr

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