Boston 2010 Real Estate News

Boston Property News

Thursday, August 30, 2007

Petitions to foreclose, auctions up again

There were 2,185 petitions to foreclose filed in Massachusetts Land Court, up 66.5 percent from July 2006. In June 2007, the Warren Group reported that the number of foreclosure filings by lenders was 2,309. Auction announcement rose 130.2 percent to 1,128 in July 2007, the Warren Group reported. Banks and lending companies scheduled 1,367 auctions of foreclosed Massachusetts homes in June.