Lowell Deeds

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

November 29, 2007

NH Foreclosure Woes

by @ 12:25 pm. Filed under Statistics, Real Estate

The ever increasing number of foreclosures here in the Greater Lowell area have understandably attracted our attention. But a front page story in today’s Nashua Telegraph suggests that southern New Hampshire might be in even worse shape. My memory of the housing slump of the early 1990s is that the Nashua-Manchester-Salem triangle had more than its share of foreclosures although perhaps not as many as on this side of the border. What made the foreclosure process in NH particularly troublesome was the relatively weak safety net that was in place to help those who were losing their homes. I suspect that’s one thing that has not changed.

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