Foreclosure auction announcements in Massachusetts nearly tripled in May compared with year-before numbers, according to a release Tuesday from The Warren Group.
There were 1,589 announcements of foreclosure auctions in Massachusetts in May compared with 654 in May 2006, an increase of 143 percent, the group said. Petitions to foreclose rose 39.3 percent compared to May 2006, with 2,164 filed this year and 1,553 filed last year.
Report: Mass. foreclosure auction announcements nearly tripled in May – Boston Business Journal