Wednesday, March 28, 2007

More Records In Massachusetts

The Boston Herald reports from Massachusetts. "Bay State home foreclosures have hit a record high for the second straight month. ForeclosuresMass.com reported today that 2,227 Massachusetts homes last month fell into foreclosure."

"Over the past 12 months, 21,644 Bay State homes have entered foreclosure, also an apparent record."

From South Coast Today. "Foreclosures in Massachusetts sky-rocketed over the past year, with SouthCoast seeing some of the biggest increases in the state, according to a report released today."

"Dartmouth and New Bedford were among highest increases in the entire state, according to ForeclosuresMass.com. Bristol County experienced one of the largest increases, with a 92.33 percent increase."

"In communities with 50 or more foreclosure filings over the past 12 months, the biggest increases were Dartmouth, with a 244 percent increase (86 foreclosures in the past 12 months versus 25 in the previous 12 months), and New Bedford, with a 142 percent increase (476 versus 197)."

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