Mass. foreclosures rise 128% in January ... auctions up 78%

Mass. foreclosures rise 128% in January | February 21, 2008 09:09 AM

Nearly 800 foreclosures were recorded in January, the highest number of Bay State homes lost during a single month since August 2007, the Warren Group said today.

The Warren Group of Boston is a provider of local real estate data and the publisher of Banker & Tradesman.

There were 799 foreclosure deeds in January, up 128.3 percent from the 350 deeds in January 2007, the firm said, and January 2008 also marks the highest number of deeds during any month since August 2007, when there were 1,018.

Auction announcements in January reached their highest number since the Warren Group began tracking them in 2005, the firm said, and there were 1,792 announcements in January 2008, up 77.8 percent from the 1,008 in January 2007. ...