Real LI

Foreclosures in Nassau and Suffolk counties rose by double digits in the third quarter, according to a report issued this morning.

Nassau saw 1,241 foreclosure filings from July through September, an increase of 27.4 percent from the previous three months, according to RealtyTrac, an online marketplace for foreclosure properties. Suffolk, meanwhile, had 1,080 foreclosure notices, up 14.4 percent from the prior quarter.

Some 0.27 percent of homes in Nassau are in foreclosure and there was one filing for every 369 households in the county in the third quarter. In Suffolk, 0.20 percent of homes are in foreclosure and there was one filing for every 499 households.

Long Island is faring worse than the state in the foreclosure crisis. Statewide, foreclosures in the third quarter jumped 12.1 percent to 14,272. Only 0.18 percent of homes are in foreclosure and there is one filing for every 550 households.

Overall, however, homeowners in the state are doing better than the nation. In the U.S., there were 635,159 filings in the third quarter, up 30 percent from the previous period. Some 0.51 percent of homes are in foreclosure nationally and there is one filing for every 196 households. New York State ranks 29th in rate of filings.