April recording statistics

The only piece of good news to be found in April's recording statistics is regarding the number of deeds recorded in the city of Lowell. In April 2009, there were 106; in April 2010 there were 167, an increase of 58%. The nine towns in the Middlesex North District saw only a slight increase in deeds, from 277 to 319, a 15% increase.

Foremost in the bad news category was an across-the-board increase in the number of foreclosure deeds recorded: Lowell rose from 20 to 36, a 80% rise. Town foreclosure deeds were up more dramatically, jumping from 9 to 31, a 244% increase. Town orders of notice were also up by 62% although orders of notice for Lowell dropped slightly, from 48 to 42. Another negative note is a noticeable decrease in the number of mortgages recorded. Lowell's drop was only 11%, from 237 to 212 but the town decline in mortgages was 39%, dropping from 1137 to 693.