June
25
2015
BOSTON, Feb. 25, 2011 --- The gradual shift in foreclosure activity away from urban areas into rural and suburban communities is continuing, according to Foreclosure Monitor's latest analysis of distressed property data.
June
25
2015
BOSTON, Feb. 25, 2011 --- The gradual shift in foreclosure activity away from urban areas into rural and suburban communities is continuing, according to Foreclosure Monitor's latest analysis of distressed property data.
June
25
2015
BOSTON, Aug. 12, 2013 --- An improving real estate market and new state regulations continue to slow foreclosure activities in Massachusetts but there are signs that lenders will pick up the pace during the second half of the year and the increase could be particularly felt in the state's so-called gateway cities.
June
25
2015
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June
25
2015
BOSTON, Nov. 22, 2013 --- While an improving real estate market has fueled recent declines in foreclosures, the filing of foreclosure petitions has edged upwards in the past few months. While not nearly as numerous as a year ago, the uptick is nevertheless is a sure sign that lenders are adjusting to new foreclosure regulations enacted late in 2012, according to the latest analysis by Foreclosure Monitor.
June
25
2015
BOSTON, Jan. 15, 2013 --- Comparing the extent and pace of the 1990s real estate recession to this recession, Foreclosure Monitor estimates that we're a few years away from home prices and property distress returning to pre-recession levels, especially given that there are approximately 52,000 mortgages that are either 90 days delinquent or in some stage of the foreclosure process.
June
25
2015
BOSTON, May 16, 2014 --- Overall foreclosure distress in Massachusetts declined 56.9 percent from April 2013 to April 2014, from 8.8 units per 1,000 housing units, to 3.8 units per 1,000 housing units. With a strong 64.4 percent decline in distress, Boston has outperformed the state as a whole.