Foreclosure activity in Massachusetts drop 82% in March

The state of Massachusetts continues to benefit from rising home prices and foreclosure prevention efforts – two factors that caused foreclosure activity in the New England state to plummet 82% year-over-year in March, according to data from publisher The Warren Group.

The latest statistics show lenders filed 284 foreclosure petitions in March, an 82% decline from 1,621 petitions in 2012.

In just the first quarter, the state recorded 2,080 petitions to foreclose, down 52% from 4,348 a year earlier.

Read Full Story

About HUS

HelpUSell Properties is a website based on real estate services providing articles and resources in different topics such as 2nd mortgage, property for sale, appraisal, refinance mortgage rates, foreclosure, housing market, bad credit, and more for home owners and future home owners.

Leave a Reply

Your email address will not be published. Required fields are marked *