According to RealtyTrac Massachusetts is number 19 in the nation for the number of foreclosures.

The RealtyTrac Monthly U.S. Foreclosure Market Report provides the total number of foreclosure filings - both nationwide and by state - over the preceding month. Data is also available at the individual county level. RealtyTrac's report includes documents filed in all three phases of foreclosure: Default - Notice of Default (NOD) and Lis Pendens (LIS); Auction - Notice of Trustee Sale and Notice of Foreclosure Sale (NTS and NFS); and Real Estate Owned, or REO properties (that have been foreclosed on and repurchased by a bank).

Massachusetts Foreclosure Market Statistics - Oct 2007



State NODs NTSs NFSs LISs REOs Total
U.S. 41,404 58,597 22,485 48,356 53,609 224,451

Mass.
0 2 612 1,434 856 2,904


As you can clearly see foreclosed homes are a problem in our economy. These numbers are ONLY for the month of October. Almost 3,000 families in Massachusetts lost their home in 1 month.

Please contact me if you are in a situation where you may need Financial Intervention. You don't need to wait for foreclosure. You DO have options! Visit www.BerkleyMass.com for more information!