Are foreclosures going up on Staten Island in 2026?
Yes, and the numbers are significant. PropertyShark’s Q1 2026 foreclosure report shows Staten Island foreclosure activity more than doubled year over year, reaching 58 first-time filings. That is the borough’s most active quarter since mid-2022. Even more alarming, single-family home foreclosures on Staten Island more than tripled compared to the same period last year. The Mid-Island zip code 10314 tied for one of the highest filing counts in all of New York City. Worried about your property? Talk to Joseph.
Which NYC borough has the most foreclosures in 2026?
Queens leads all of NYC in foreclosure filings for Q1 2026. Citywide, NYC recorded 399 first-time filings, technically a 3% decrease year over year. But that citywide number hides wildly different borough-level stories. Staten Island and Queens both moved sharply upward while Manhattan, Brooklyn, and the Bronx were flat or declining. The boroughs with the most single-family housing stock are getting hit the hardest. Watch all Daily Tesla News episodes here.
How can I protect myself from foreclosure on Staten Island?
The most important thing is to act early. Contact your mortgage servicer immediately if you fall behind. Explore NYC homeowner assistance programs before the situation escalates. Consider working with a HUD-approved housing counselor who can review your options at no cost. If you have equity in your home, selling may be a better outcome than letting the foreclosure process play out. Joseph Ranola can help you understand your equity position and timeline. Schedule a conversation with Joseph.
Why are Staten Island foreclosures rising when NYC foreclosures are declining?
Staten Island’s housing stock is heavily single-family. Single-family homes are more vulnerable to individual financial stress because there is typically one household, one income, and one person who handles the finances. When that household faces a job loss, medical emergency, or rate adjustment, there is no rental income to fall back on. The pressure lands directly on everyday homeowners, and the Q1 2026 data reflects that vulnerability playing out across the borough. Have questions about the Staten Island market? Work with Joseph Ranola.
Watch on YouTube: https://youtube.com/shorts/gS8BUMXj_Tw
Daily Tesla News is your daily dose of NYC real estate news that actually matters. Covering Staten Island and Brooklyn markets, policy changes, and homeowner tips.
Brought to you by Joseph Ranola, 65+ 5-star Google reviewed real estate agent covering Staten Island and Brooklyn.
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