Orange County Foreclosures Skyrocket As Hasidic Launch Blitzkrieg
Orange County Foreclosures Skyrocket And Property Values Plummet As Hasidic Launch Final Blitzkrieg From Brooklyn
Orange County foreclosures have skyrocketed since Monroe voters decided to split their town. Since then, Satmar leaders have blown their shofar signaling their brethren in Brooklyn to make the trek to Orange County.
Now a blitzkrieg of bulldozers are clearing hundreds of acres of wilderness Emily Convers promised would be protected. The bulldozers Emily Convers promised people would never come are now causing Monroe property values to plummet even further. Convers’ home has lost over a third of its value since she started her looney crusade five years ago.
Property values in Monroe have declined another 20% since voters ratified the separation agreement. Matter of fact, values have declined so rapidly even Emily Conver is moving her family out of Monroe to nearby Warwick.
The cancer of plummeting property values has now spread to half of Orange County and it’s causing Orange county foreclosures to skyrocket.
MFI-Miami is in the foreclosure defense business. So we get the weekly MLS listings and foreclosure filings for Orange County. It’s not looking good. Foreclosures in Orange County have increased from 50 a week in January to near financial crisis levels of 85 a week.
This is bad. Really bad. Let me put this in perspective. Detroit with a population of 750,000 people and a plethora of firebombed homes only averages 60 foreclosure filings a week.
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