The latest on real estate recordings and new technology from the Middlesex North Registry of Deeds in Lowell
The Merrimack Valley Housing Report is an electronic newsletter produced by the University of Massachusetts Lowell and the Middlesex North Registry of Deeds. The newsletter is typically distributed mid-month to allow the inclusion of the prior month’s statistics. While most other reporting agencies (including the mainstream media) usually disclose statistics sixty days after the period being examined, the MV Housing Report has numbers that are just two weeks old.
Here’s a summary of the stories in the August edition:
Housing Prices: How Low will they go?
The bursting of the housing bubble caused real estate prices to decline, but by how much? To help answer that question, I researched 570 properties in the city of Lowell…
Rising Heating Costs
Merrimack Valley households heating with oil will pay approximately 46% more in 2008 than they paid in 2007, according to an UMass Donahue report released earlier this month.
2008 Foreclosures by Property Type for Haverhill and Methuen
The data for Haverhill and Methuen shows that once again foreclosures are distressing people across the housing spectrum. Although similar to Lowell and Lawrence with single family homes hit hardest; Condominiums were second hardest hit by foreclosures in Haverhill and Methuen.
Also Mortgage, Deed and Foreclosure figures for June and July.
To subscribe to the MV Housing Report, send an email to David Turcotte.
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