Lowell Deeds

The lead headline on page one of today’s Lowell Sun is “Foreclosures up 46%: Filings by mortgage lenders well above last year’s pace.” The reporter, Dan O’Brien, called me yesterday afternoon about recently released figures on the pace of foreclosure. What I told him (and what is reported in the story) is that the pace of foreclosures drastically increased in the final third of 2006. Here are the actual month-to-month figures for 2006. The first number shown is the number of Orders of Notice (known in the press as “foreclosure filings”) that were recorded, while the second number shows the number of actual foreclosure deeds. Remember, these are all for 2006:
Jan 23/10
Feb 30/7
Mar 48/13
Apr 58/8
May 78/8
Jun 41/16
Jul 38/11
Aug 51/22
Sep 48/20
Oct 50/16
Nov 72/24
Dec 88/11

Check back this Thursday for the final figures for this month. Also, our first issue of the Registry E-News, a twice per month email containing news and info about the registry, will be sent this Friday. If you’d like to receive it, please send an email to lowelldeeds@comcast.net. Those of you who have already sent an email to subscribe are all set.