New York City foreclosures saw monthly improvement in the third quarter, a new report shows, revealing fewer first-time scheduled auctions compared to the second quarter selling season.Despite the drop, first-time foreclosures across the five boroughs are up since last year, according to PropertyShark's Q3 foreclosure report.PropertySharkThere were 525 home foreclosure auctions in NYC during Q3, compared to 673 residential properties in the previous quarter — a drop of 22 percent. However, scheduled auctions rose annually by 24 percent.
