Boston Real Estate for Sale

Some good news: The Bay State communities most people think of when it comes to high foreclosure activity — like Worcester, Brockton Lowell, Lynn and Dorchester – all had a drop in foreclosure deeds during the first quarter compared to a year ago.

In fact, 49 fewer homes were lost to foreclosure in Brockton in the first three months of 2009 compared to the same period last year.

And in Dorchester, the number of foreclosure deeds recorded dropped 26 percent year-over-year.

But there were dozens of towns that saw an increase.

In Marshfield, foreclosures more than doubled, jumping from 6 last year to 15 in the first quarter of 2009.

Same with Salem’s foreclosures, which rose from 13 to 29.

Meanwhile, Quincy’s foreclosure activity nearly doubled. In the city of presidents, there 26 properties were foreclosed on from January through March, 86 percent higher than the 14 foreclosures last year.

Want to see which other communities have had more foreclosures so far this year? See here.

Source: Banker & Tradesman Boston Real Estate

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