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Real Estate – Foreclosures Down


While not something that those in the industry particularly like the sound of, foreclosure activity in this instance at least when it pertains to Massachusetts is actually in a good situation. From the booming real estate market to the government programs purposefully enacted to assist homeowners who are delinquent on their mortgages, the frequency of foreclosures in the Bay State have been dramatically reduced.

In September, there were a total of 247 foreclosure deeds filed. This number was a massive 52% drop from 2012 when there were 512 foreclosure deeds.

Adam Geragosian