BOSTON (AP) — The number of home foreclosures in Massachusetts jumped by 34 percent in July, compared to the same time last year. But the number of foreclosures declined slightly from the prior month.
The Warren Group reported yesterday that 1,097 foreclosure deeds — the final step in foreclosure — were filed in July, up from 819 in July 2007. But this July's foreclosures deeds were 3 percent lower than June when 1,131 deeds were recorded.
There have been 7,804 deeds filed through July compared to 3,902 during the same period in 2007. The number of deeds filed through July has already exceeded the total number recorded all of last year.
The Warren Group, which tracks real estate in Massachusetts, said the number of foreclosure deeds has dropped 22 percent from a peak this May, when 1,405 deeds were recorded.
