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Plymouth County snapshot of foreclosures
Plymouth County's Register of Deeds reported 738 foreclosure deeds were filed in the county last month -- that's more than double the 304 deeds in October 2006.
However, initial notices of foreclosure filed by lenders against homeowners are down sharply: 147 in October, compared with 259 in March, the Register said in a memo on activity in the county.
But, as more adjustable mortgages have their interest rates reset to higher levels and push up borrowers' payments, "we are likely to see that volume of foreclosure notices continue," the Register, R. Buckley Jr., said.
Property sales recorded in October were 7,102, down 7 percent from 7,594 sales a year earlier.
About boston real estate now
Scott Van Voorhis is a freelance writer who specializes in real estate
and business issues.
Rona Fischman is a buyer's agent who provides a look at the local housing scene, from basements to attics.
