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Problem properties selling; fears that boom-bust cycle may repeat in distressed urban areas
BOSTON, June 17, 2010 --- Foreclosure Monitor takes a look at three-family properties and foreclosure rates.
June
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2015
BOSTON, June 17, 2010 --- Foreclosure Monitor takes a look at three-family properties and foreclosure rates.
June
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2015
BOSTON, July 19, 2012 --- Foreclosure Monitor recently took a look at distressed property resolutions in Massachusetts over a two-year period and found that less than one-quarter of all property resolutions in the state were purchased by buyers of multiple properties. This is in contrast to a recent national report indicating that large investors are working to purchase thousands of properties in foreclosure and that investor purchases increased 64.5 percent nationally from 2010 to 2011.
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BOSTON, June 10, 2011 --- Foreclosure activity has continued to shift away from urban areas, with Lawrence, Chelsea Lowell and New Bedford all seeing significant declines compared to the first quarter of last year.
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BOSTON, Jan. 11, 2012 --- As lenders renew foreclosure activities, more than half of all properties in foreclosure are becoming bank-owned, indicating that despite low interest rates, third-party buyers in Massachusetts have little appetite for foreclosed properties, especially outside of Boston.
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BOSTON, Feb. 20, 2013 --- While many key indicators show that the housing market is recovering, Foreclosure Monitor's quarterly analysis of foreclosures at the community and neighborhood level indicates what areas are still suffering from property distress.