It's still a bit early - we'll be open for another 6 hours today - but here's an early glimpse at recording trends for this month.
First, will compare this February to February 2009. The 3913 docs recorded this month were a decrease of 18% from the 4756 from Feb09. Deeds and mortgages were also down: Deeds by 7%, from 314 in Feb09 to 292 in Feb10. Foreclosure deeds and orders of notice were both up: Foreclosure deeds by 13% from 38 to 43 and orders of notice by 436%, from 25 to 134.
Now we'll compare February 2010 to January 2010: The total number of documents recorded dropped by 13%, from 4511 in Jan10 to 3913 in Feb10. Deeds and mortgages both dropped, as well, with deeds falling 14% from 339 to 292 and mortgages by 23%, from 857 to 657. The good news is that foreclosure deeds and orders of notice also dropped, foreclosure deeds by 27% from 59 down to 43 and orders of notice by 20%, from 168 down to 134.
Check back on Monday for figures that include all of February and also break down the numbers between the city of Lowell and the nine towns in the registry district.
Friday, February 26, 2010
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