The latest on real estate recordings and new technology from the Middlesex North Registry of Deeds in Lowell
It’s the first day of Fall and also the end of three weeks of September which makes it a good time to look at our recording statistics for this month. We’ve recorded a total of 3094 documents so far this month, a decrease of 19% from the 3804 we recorded in the first three weeks of September 2006. The number of mortgages recorded during the same period this year and last is down even more – 26% - going from 980 in 2006 to 727 this year. Deeds were down, but not as much. There were 316 in 2006 and 272 in 2007, a 14% slide. As is typical of the past year, foreclosure deeds and orders of notice were both up substantially. Orders of notice, which signify the start of a foreclosure proceeding, rose from 21 in 2006 to 39 in 2007, an increase of 86%. The number of foreclosure deeds increased even more: 12 in 2006 nearly doubled to 23 in 2007, an increase of 92%. Again, this is just a snapshot comparison of the past three weeks with the same time next year. If you check back next Friday, I will have a similar comparison for the entire month.
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