The stagnant real estate market continued through March. No doubt the nasty weather was a factor but things slowed down as far back as September and have never really recovered.
The total number of documents recorded in March 2014 was down 33% from March 2013 (3886 v 5824).
The number of deeds recorded was down 8% (484 v 526).
The number of mortgages was down 52% (593 v 1235).
The number of foreclosure deeds was up 67% (10 v 6)(given the very low numbers in both cases, this should not be of concern).
The number of orders of notice were down 51% (19 v 39).
Tuesday, April 01, 2014
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