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John Connolly's Blog

By John Connolly | Agent in Braintree, MA

Foreclosure News: Mass. foreclosures up nearly 27%

Mass. foreclosures up nearly 27%

Attorneys general questioning lenders

By Jenifer B. McKim
Globe Staff / October 22, 2010

Foreclosures in Massachusetts kept climbing in September as 890 homeowners lost their properties, a 26.6 percent increase compared with the same month last year, according to data released yesterday by Warren Group, a Boston company that tracks local real estate.
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John Connolly, Vice President
SUCCESS! Real Estate
john@johnconnolly.com



Comments

By Scott Miller - REALTOR®,  Sat Oct 23 2010, 20:45
Hi John. So I guess this will mean more downward pressure for prices, no? I mean, if there are 27% more foreclosures, that's not going to increase the prices in MA, right? Good post, keep telling the truth.

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