Boston 2010 Real Estate News

Boston Property News

Tuesday, December 4, 2007

Mass. Foreclosure Deeds Triple in First 10 Months of Year

The number of foreclosure deeds in Massachusetts so far this year has nearly tripled when compared to the same time period last year, according to the latest figures from The Warren Group, publisher of Banker & Tradesman.

Meanwhile, more petitions to foreclose were filed in Massachusetts during the first three quarters of 2007 than during all of 2006, The Warren Group said today.

Through October of this year, there were 6,324 foreclosure deeds in Massachusetts, compared to 2,112 at the end of October 2006. There were just 2,634 foreclosure deeds in the state for all of 2006.