Industry News

Foreclosures climb in Massachusetts

Data service finds foreclosures up 63% from two years ago
Published on Apr 7, 2006

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by CareyBot

Property foreclosures in Massachusetts were 63 percent higher in a March report than they were two years ago, according to data released this week, as more of the nation's housing markets cool from record highs.

"February 2006, the shortest month of the year, produced more foreclosure filings than any other month in the past three years," said Jeremy Shapiro, president and co-founder of ForeclosuresMass, a provider of foreclosure data for investors, real estate professionals and mortgage brokers ...

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