Wednesday, May 30, 2012
Medfield saw no change in its foreclosures from April 2011 to April 2012.
Wednesday, May 30, 2012
Medfield's foreclosure activity was unchanged in April, according to data released Tuesday. The data, compiled by real estate information firm The Warren Group, had the town's newly started foreclosures (called foreclosure petitions) remain at one in April 2012. Deeds also remained unchanged at zero from last year to this year. Massachusetts itself saw a nearly 47 percent jump in petitions year-over-year, from 1,191 to 1,750. Deeds were up 19 percent, from 598 to 714 over the same time period. Warren Group Editorial Director Cory Hopkins said in a statement that the increase isn't as troubling at it might seem. "Foreclosure activity was so low last year that we're inevitably seeing a rise in foreclosures across the state," he said. "It's …
Wednesday, May 2, 2012
Town sees increase in completed foreclosures, while new foreclosures remain steady.
The number of completed foreclosures in Medfield was up in March, according to data released last week. The data, compiled by real estate information firm The Warren Group, saw one foreclosure deed (or completed foreclosures) in the month, up from zero in March 2011. Foreclosure petitions (which represent newly started foreclosures) remain at one year-over-year. The state saw a 55 percent increase in foreclosure petitions, with 1,621 in the month, up from 1,048 in March 2011. Massachusetts has had a 71.5 percent increase in petitions in the first quarter. Massachusetts foreclosure deeds also saw a jump, with 856 last month, up from 627 last year (a 36.5 percent increase). For the first quarter, the state has seen a 34.4 percent rise. …
Thursday, February 2, 2012
Both the state and Medfield saw a decline in foreclosures for the past year.
Completed foreclosures in Medfield decreased from five in 2010 to three in 2011, according to numbers released this week. Foreclosure petitions were at 22 in 2010 but fell to nine in 2011 for Medfield. Statewide, the number of completed foreclosures fell by more than 30 percent for the year. There were 8,526 foreclosures in 2011, down from 12,238 in 2010. Petitions fell from 23,931 to 12,634. Group CEO Timothy Warren said in a statement the real estate market's 2012 performance should tell if a recovery is taking place. "It's promising to see a drop in foreclosures for the year. However, it's no secret that the low numbers are indicative of lenders slowing foreclosure processes throughout much of the year," he said. "I'm expecting that we'…
Thursday, December 29, 2011
Town sees no activity in foreclosures started and completed.
Medfield saw no change in the number of newly-started and completed foreclosures during the month of November, according to numbers released this week. The data, compiled by real estate information firm The Warren Group, had foreclosure petitions, which represent the start of the foreclosure process, remain at zero in town from November 2010 to November 2011. Foreclosure deeds, or completed foreclosures, are also at zero over the same time period. Massachusetts saw a 70 percent increase in foreclosure deeds in November, jumping from 418 last November to 714 last month. Petitions, though, fell eight percent, from 1,109 to 1,015. Warren Group CEO Timothy Warren said in a statement that the completed foreclosures had likely been in the works …
Tuesday, November 29, 2011
The town saw no change in started and completed foreclosures last month, while the state saw an increase in both.
The town of Medfield saw no change in its number of started and completed foreclosures in October, according to data released last week. The data, compiled by real estate information firm The Warren Group, showed the number of foreclosure petitions (which represent newly started foreclosures) stayed at zero from October 2010 to last month. Foreclosure deeds, or completed foreclosures, also remained at zero over the same time period. The number reflects activity statewide. Massachusetts saw petitions increase by 5.9 percent for the month (from 1,193 last year to 1,127 last month). Deeds went up 35.7 percent, from 557 to 756. Warren Group CEO Timothy Warren said in a statement the increase may indicate the foreclosure crisis is closer to an …
Monday, October 24, 2011
Medfield saw an increase in started foreclosures for September while completed foreclosures remained at zero.
Medfield saw an increase in foreclosure petitions, while deeds remained steady for the month of September, according to data released today. The data, compiled by real estate information firm The Warren Group, showed that foreclosure petitions (which represent newly started foreclosures) climbed from zero in September 2010 to two last month. Foreclosure deeds, or completed foreclosures, remained at zero over the same time period. The state, however, saw a drop in both petitions and deeds. Foreclosures fell from 2,358 last September to 1,164 last month (a 51 percent drop), while deeds declined from 890 to 737. Group CEO Timothy Warren, though, said in a statement that foreclosure activity has accelerated in 2011. "While year-over-year …
Wednesday, October 5, 2011
Both started and completed foreclosures remained the same in Medfield in August.
The town of Medfield saw no change in foreclosure activity for the month of August, according to data released late last week. The data, compiled by real estate information firm The Warren Group, had foreclosure petitions (newly started foreclosures) in town stay at two from August 2010 to August 2011. Foreclosure deeds, which represent completed foreclosures, remained steady at one. Massachusetts saw declines in both deeds and petitions year-over-yer, but the state saw its highest foreclosure deed activity so far in 2011. Deeds fell from 1,207 last year to 937 in August, while petitions dropped to 1,397 from 2,961 last year. Banker & Tradesman Managing Editor Cory Hopkins said the banks have adjusted to recent foreclosure court rulings. "…