Tuesday, May 28, 2013

Pace of foreclosures slows

There are still three days left in May, but I thought I'd take a quick look at the number of foreclosure deeds and orders of notice recorded so far this month. There have been a total of six foreclosure deeds (4 in Lowell; 2 in Billerica) and 19 orders of notice (9 in Lowell; 3 in Tewksbury; 2 in Wilmington; and one each in Billerica, Carlisle, Dracut, Tyngsborough and Westford). For the entire month of May last year, there were 29 foreclosure deeds and 57 orders of notice, so even though the month still has some time left in it, there's no way we'll come close to catching up to the totals seen a year ago. That's good news.

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