Lowell Deeds

The latest on real estate recordings and new technology from the Middlesex North Registry of Deeds in Lowell

December 26, 2006

Historical View of Stats

by @ 12:49 pm. Filed under Statistics

I’ve been working on a chart that contains 30 years worth of registry and land-related statistics that will be available on our website early next week. For comparison, here are some of the numbers for this year (as of last Friday, December 22). In 2006, we have recorded a total of 71540 documents. Of these, 6883 were deeds and 19689 were mortgages. There were also 593 “foreclosure filings” (the new name for “orders of notice”) and 163 foreclosure deeds. Looking back over the past 30 years, the busiest was 2003 when 146956 documents were recorded (9044 deeds and 41638 mortgages). The busiest (some might say “worst”) year for borrowers was 1992 when 975 orders of notice and 761 foreclosure deeds were recorded. The slowest years varied: Only 24067 documents were recorded in 1979; just 3340 deeds were recorded in 1987; the least number of mortgages (5056) were recorded in 1981. And even though the prime rate was 10.5%, borrowers had it best in 1985 when only 87 orders of notice and 6 foreclosure deeds were recorded.

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