Foreclosure petitions in the Bay State rose over 50 percent in May over petitions recorded in May 2014, according to a new report from The Warren Group, marking the 15th straight month of increases in petition filings.
Foreclosure petitions in Massachusetts were 29.4 percent higher in April 2015 compared with April 2014, the smallest increase in more than a year, according to a report Tuesday from The Warren Group.
Home sales in Massachusetts fell about 7 percent in April, according to two widely watched reports that cited a lack of homes available for sale during the first full month of spring.
Foreclosure petitions in Massachusetts continued to climb in March, posting a 68 percent increase compared with March 2014, according to a new report from The Warren Group. It was the 13th straight month of year-over-year increases in petition filings.
For the second month in a row, foreclosure deeds in Massachusetts fell in February, according to The Warren Group. Deeds, or completed foreclosures, which mark the final step in the foreclosure process.
Foreclosure deeds in Massachusetts fell sharply in January to their lowest level in six months, but foreclosure petitions, which launch the process of taking over properties whose owners have failed to keep up with mortgage payments, increased, according to The Warren Group.
Sales of single-family homes in Massachusetts ended the year on a high note with a 10 percent increase over December 2013, according to The Warren Group.