Foreclosure petitions in Melrose rose in February, while finalized foreclosures fell, but the figures are too small to take much away from them.
Petitions -- the first action a bank takes in the foreclosure process -- rose from one in January 2012 to three in February, according to data from real estate publisher The Warren Group. There weren't any foreclosure deeds -- the final act in the process -- last month, compared to three in January 2012, according to the data.
Find town-by-town data here.
Statewide, foreclosure activity saw a significant drop, with petitions falling about 30 percent. Petitions fell to 940 from 1,333 in 2012.
"We're finally seeing a clear picture of the trend in foreclosures - and it is good news," said Timothy M. Warren Jr., CEO of The Warren Group. "The housing market has greatly improved - a sign that the economy is gaining ground and foreclosures will continue to subside."