Foreclosures down for 20th straight month

Welcome back to our continuing monthly examination of foreclosure data for Massachusetts.Petitions turn the big 2-0 this month, as in the 20 th straight month with increasing year over year petitions filed. Overall the pattern has changed a little bit again.

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Note: this graph was adjusted as total foreclosure counts were under reported for the last 9 months. Foreclosures pend-ing month-over-month showed a decrease of -2.3% while the year- over-year figure was down -15.1%. A decrease is forecasted in September for both average sales price and median sales price.

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Bank repossessions or real estate-owned (reo) sales decreased on a monthly basis for the third straight month in April, down 7 percent. of the nation’s 20 largest metro areas based on population.

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. activity has now decreased on a year-over-year basis for 20 straight months including May, but the jump in May foreclosure starts shows it’s going to be a bumpy ride down to the bottom of this.

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Freddie Mac posts net income of $7.7B in 2014 Freddie Mac will report its fourth quarter and full year 2014 financial results in a conference call with the media on Thursday, February 19, beginning at 9 a.m. Eastern time, according to an.

The foreclosure inventory rate fell from 0.5% to 0.4% year over year, its lowest for the month in at least 20 years. past due was 0.7% in April 2019, down 0.1 points compared to a year ago..

. foreclosure activity has now decreased on a year-over-basis for 20 straight months including May, but the jump in May foreclosure starts shows that it’s going to be a bumpy ride down to the bottom.

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