Far fewer residents in Massachusetts lost their homes to foreclosure last year, another sign that the economy and the housing market have stabilized.
In December, lenders seized 265 homes, 65% less than a year earlier. And for all of 2012, completed foreclosures in Massachusetts dropped by nearly 13 percent from the prior year, to 7,424, according to Warren Group, a Boston firm that tracks real estate activity.
Massachusetts foreclosures declined in 2012
Most Popular Articles
Latest Articles
HUD, USDA reach accord on energy-efficiency standard for new construction
The new initiatives aim to lower energy costs on a wide array of newly-constructed homes, according to HUD, USDA and FHA.
-
U.S. mortgage delinquency rates remain near historic lows: CoreLogic
-
HomeServices settles commission lawsuits for $250M
-
Kristen Sieffert leads the reverse mortgage presence at The Gathering
-
Industry vet launches new mortgage CE company, MLO Force
-
GAO highlights reverse mortgage counseling in new report