Lowell Deeds

Here are the statistics for the end of September (as of 3 pm, so there may be a slight increase by the end of the day). There were a total of 5971 documents recorded, a 29% decrease from September 2005. Of those documents, 539 were deeds (a 32% decrease from 2005), 1599 were mortgages (a 30% decrease from 2005), 51 were Orders of Notice, aka “Foreclosure Filings” (a 113% increase from 2005) and 20 were foreclosure deeds (a 567% increase from 2005). While the 500+% increase in foreclosure deeds appears stunning, it just means that we went from 3 in September 2005 to 20 in September 2006.