Thursday, December 08, 2005

Foreclosure Mass

Foreclosures in Mass. rise 35% through OctoberHome mortgage foreclosure filings are rising in Massachusetts according to a report showing a 35 percent increase statewide through October. Filings in suburban Reading more than tripled and increased 113 percent in Lawrence compared with the same period last year, according to Land Court filings tracked by Framingham-based ForeclosuresMass. The number of foreclosures filed through Oct. 31 was 9,459, compared with 7,003 in the same 10-month period last year, the report said. Essex County had the largest increase, at 50 percent. Among the state's three largest cities, Worcester had the largest increase with 52 percent, while filings were up 42 percent in Boston, and 20 percent in Springfield. (AP)

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