Wednesday, May 30, 2012
Medfield saw no change in its foreclosures from April 2011 to April 2012.
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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 …
Friday, May 25, 2012
Five fewer homes sold in Medfield last month compared to April 2011 but year to date sales are up by 12.
Medfield saw a drop in year-over-year in April, but year to date sales are up, according to data released earlier this week. The data, compiled by real estate information firm The Warren Group, showed sales drop in Medfield from 12 in April 2011 to seven last month. Year to date sales are up, however, from 25 last year to 37 in 2012. Massachusetts saw its home sales jump by 22 percent in the month, going from 2,877 sales last April to 3,505 last month. Warren Group CEO Timothy Warren said in a statement the market is looking up. "Low mortgage rates and an improving job market in the Bay State are encouraging buyers to enter the market," he said. "It looks like the months ahead will continue to be positive as the strong spring and summer …
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. …
Tuesday, April 24, 2012
Year to date sales are also down 42 percent, according to data released Tuesday.
Medfield saw its home sales fall sharply in the month of March, according to data released Tuesday. The data, released by real estate information firm The Warren Group, had two homes being sold in March, down from seven in March 2011. Year to date sales in Medfield are down 42 percent, from 19 in 2011 to 11 in 2012. In Massachusetts, home sales increased 20 percent year-over-year. The state saw 3,205 home sales in March, up from 2,688 the previous year. Group CEO Timothy Warren said in a statement that the market has shown signs of improvement. "Starting the year with a strong first quarter is a good indicator of things to come," he said. "After such a depressed year of sales in 2011, we're likely to see more positive year-over-year …
Wednesday, March 28, 2012
Medfield saw a small increase in foreclosure petitions in February while deeds remained at zero.
The number of newly started foreclosures were up and completed foreclosures remained at zero in Medfield for February, according to data released last week. The data, compiled by real estate information firm The Warren Group, had Medfield's foreclosure petitions (which represent new foreclosures) at two in February, up from one this time last year. Foreclosure deeds, or completed foreclosures, remained at zero for both last year and last month. The state saw a doubling of foreclosure petitions year-over-year, from 694 in February 2011 to 1,394 in February 2012. Foreclosure deeds were up 41 percent, from 521 last year to 736 last month. Warren Group CEO Timothy Warren Jr. said in a statement that court and legislative activity artificially…
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'…
Wednesday, February 1, 2012
Year-end home sales numbers down for the town.
Medfield sold fewer homes in 2011 than it did in 2010, according to data released last week. The data, compiled by real estate information firm The Warren Group, showed 118 home sales in 2011, down from 133 last year. December sales declinced from 11 in 2010 to six in 2011. The state sold its lowest number of homes since 1990, with 38,994, down from 41,389 last year. Home sales for the month of December dropped from 3,558 to 3,380 last month. Here are the home sales numbers for area towns:
Tuesday, December 27, 2011
Town's home sales in November see slight increase while year to date sales are down.
Medfield had its home sales increase slightly in November, according to data released last week. The data, compiled by real estate information firm The Warren Group, had home sales climb from seven in November 2010 to 10 last month. The state, though, saw its fifth straight month of year-over-year home sales increases. Massachusetts home sales went up from 2,875 last year to 3,253 last month. Medfield however, saw a decline in year-over-year home sales, from 122 in 2010 to 112 this year. Warren Group CEO Timothy Warren Jr. said in a statement that he was hopeful for the coming year. "I'm hopeful that winding down the year on a positive note will stimulate the market in 2012," Warren said. "But, a reality check of the numbers shows we may …
Wednesday, November 30, 2011
Medfield sees more home sales year-over-year.
Medfield saw an improvement in home sales in the month of October, according to data released Tuesday. The data, compiled by real estate information firm The Warren Group, showed seven sales for the month, up from six in October 2010, a slight increase in year-over-year sales. Year to date sales are down however, from 115 to 102. According to the data, Massachusetts saw a year-over-year jump in sales, but figures remained near record lows. In October 2011, a total of 3,189 homes were sold, up from 2,992 last year. Group CEO Timothy Warren said problems remain, despite the improvement. "Four monts of increasing sales volume is a good sign for the real estate market and an indication of improving consumer confidence," he said. "However, …
Wednesday, October 26, 2011
Medfield saw a decrease in the number of home sales for September.
The town of Medfield saw a decrease in the number of homes sold in September, according to data released Tuesday. The data, compiled by real estate information firm The Warren Group, showed eight homes were sold for the month, down from 11 sold in September 2010. Year to date sales are down almost 12 percent, from 109 to 96. Massachusetts had its third straight increase in home sales — up to 3,482 from 3,267 last year. This represents an almost seven-percent jump. Warren Group CEO Timothy Warren said in a statement that the year-over-year comparison favors 2011. "It's encouraging to see another month of sales increases," he said. "However, sales volume remains low because we are comparing to a period last year when sales dropped off after …
ethelroussel
5:49 am on Wednesday, December 28, 2011
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