Articles about massachusetts

Marlborough’s Community Development Authority has shown interest in new program that aims to make things easier for non-profit groups, Municipalities and housing agencies to enable them to buy foreclosed properties.
The Massachusetts Foreclosed Properties Program would provide an opportunity to the eligible buyers so that they can purchase one- to four-unit homes before they are listed [...]

The rate of mortgage foreclosures in Hampden County has gone up very heavily at the close of November. It shows an increase of about 40.8 percent from what it was a year back during the same period. It has been found that the number of foreclosure deeds from the months of January to November of [...]

The Warren Group, a Boston real estate tracker, has recently come up with figures that point to an alarming situation in some Bay state cities. Figures cited by the group show that foreclosure sales are now posing a challenge to home sales in these areas. The housing crisis is particularly acute in hard hit areas [...]

California had the highest number of properties facing foreclosures with 64,683 foreclosed homes and the number being on rise as well. The rate of increase had occurred by 112% from April 2007. However, the number of properties facing foreclosure, have a declining rate which has been less than 1% in fact! The state had also [...]

With the large number of foreclosed properties in Hampden County as seen last year, about 2 million homeowners had to close their real estate properties under the dooming spell of a national security risk. Today several lawmakers have announced the limited distribution of $130 million across the country through the help of counselling of [...]

 
The foreclosure rate has been soaring and has jumped up by 57 percent in January over last year as lenders are taking possession of more and more houses. The lenders take possession of houses when they have been able to sell off these properties at auctions.
Across the country in January, over 233,001 homes were served [...]

According to a study released this week, foreclosures have shot up in Fitchburg and Leominster last year with figures more than three times that of last year. According to the Warren Group study, almost 200 homes received foreclosure deeds in Fitchburg and Leominster in 2007, a massive increase from the modest 74 deeds handed out [...]