FILE-In this Monday, July 9, 2012, file photo provided by the New York Mayor's office, Mayor Michael Bloomberg, center, stands with Amanda Burden, left, Department of City Planning Dir

 

              FILE-In this Monday, July 9,  2012, file photo provided by the New York Mayor
FILE-In this Monday, July 9, 2012, file photo provided by the New York Mayor's office, Mayor Michael Bloomberg, center, stands with Amanda Burden, left, Department of City Planning Director, and Commissioner Mathew Wambua, Department of Housing Preservation and Development, in the kitchenette area of a full-scale mockup of a 300 square foot apartment. Even as prices decline, home prices in New York remain beyond reach for many buyers. It takes, on average, nearly three years for a home to complete the foreclosure process, which means many potential sales are delayed for years. (AP Photo/New York Mayor's Office, Edward Reed, Handout)