The number of foreclosure deeds in Massachusetts so far this year has nearly tripled when compared to the same time period last year, according figures released earlier this week. In addition, more petitions to foreclose were filed in Massachusetts during the first three quarters of 2007 than during all of 2006, according to statistics provided by the Warren Group. Through October of this year, there were 6,324 foreclosure deeds in Massachusetts, compared to 2,112 at the end of October 2006. There were just 2,634 foreclosure deeds in the state for all of 2006. Foreclosure deeds in the month of October jumped 119.5 percent, from 333 last year to 731 this year. Deeds are also up when compared to the 673 in September 2007. Petitions to foreclose are the first step in the sometimes lengthy foreclosure process, and do not always end in actual foreclosure. “Petitions to foreclose in September might have fallen when compared to August, but I think we’ll see petitions during the rest of this year continue their steady upward march,â€? said Timothy Warren Jr., CEO of The Warren Group. “August’s numbers were incredibly high, but we will probably see them matched before too long. Petitions may seem to have calmed a bit in September, but that is likely temporary. I think we’ll see more record-breaking numbers before the end of 2007.â€?
Paul Jackson is the former publisher and CEO at HousingWire.see full bio
Most Popular Articles
RealTrends Verified City Rankings reveal where top agents and teams are building scale
RealTrends Verified City Rankings list 74,906 entries across 5,249 cities, totaling $1.63T volume and 2.5M sides.
Jul 10, 2026
-
New policy impact may ignite a manufactured housing blue-sky era
Jul 10, 2026 -
Iran conflict lifts mortgage rates, but housing demand stays positive
Jul 11, 2026 -
Trump didn’t sign it, but the 21st Century ROAD to Housing Act is now law
Jul 11, 2026 -
JMG brings $5.9B brokerage platform to Keller Williams
Jul 13, 2026 -
What the ROAD to Housing Act means for agents, homebuyers
Jul 13, 2026
Latest Articles
Compass files ethics complaints against Zillow in 26 states
Compass filed ethics complaints alleging Zillow false advertising across 26 states, 55 MLSs and 30 Realtor associations.
-
NTREIS names Joey Bandemer VP of data governance
-
UWM broker ultimatum tied to 5 bps price drop at rivals
-
Zillow says conspiracy, MRED and Compass say Zillow did this to itself
-
Christy Soukhamneut on joining Stockton Mortgage as chief strategy and innovation officer
-
Bank regulators issue guidance on credit risk for unauthorized workers
Paul Jackson is the former publisher and CEO at HousingWire.see full bio