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Massachusetts Foreclosure Summary

Discussion in 'Political Discussion' started by PatriotsReign, Sep 22, 2008.

  1. PatriotsReign

    PatriotsReign On the Roster

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    For those who may believe a turn-around in housing is just around the corner in Massachusetts, you may find the summary below eye-opening. If we added a summary of # of homes sold in the last 60 days by county to this list, we would find that inventories are not declining.

    Also, the number of foreclosures are increasing by month, not declining.

    Foreclosures started
    in the last 60 days

    Barnstable 111
    Berkshire 15
    Bristol 163
    Dukes 9
    Essex 292
    Franklin 12
    Hampden 131
    Hampshire 15
    Middlesex 387
    Nantucket 2
    Norfolk 154
    Plymouth 201
    Suffolk 281
    Worcester 319
    State Wide 2092

    ForeclosuresMass - Foreclosures in Massachusetts
    Last edited: Sep 22, 2008
  2. Real World

    Real World Moderator Staff Member

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    This is why a real estate correction can be a significant positive for the responsible.

    ‘Fire sale’ housing mostly in poorer areas - BostonHerald.com
  3. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    RI is #6 in the Country, all the while led by a Republican Governor for at least the last 16 years... what this means is republicans are crappy leaders...

    R.I. foreclosure rate accelerates in second quarter | Business | projo.com | The Providence Journal

  4. PatriotsReign

    PatriotsReign On the Roster

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    Sales like these will help drive down home prices in these areas, but the list included a boatload of foreclosures all over the state. So they aren't all fire sale homes. But the examples you gave are definately incredible.
  5. Michael

    Michael Moderator Staff Member PatsFans.com Supporter

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    #12 Jersey

  6. MrBigglesWorth

    MrBigglesWorth Rookie

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  7. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    Yes, I would say his cause and effect is very poorly thought out. Does the foreclosure rate, solely, determine a Governor's leadership quality ? And even if it did, is one state a good sample size for all "republicans" ?

    Quite possibly the worst post (GJA15's, not Michael's) I have read here in quite some time.
  8. PatriotsReign

    PatriotsReign On the Roster

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    Not really biggles. The only ones that will be "tied" to a home are those who bought between 2000 and 2005. I'm sure that's about 10-20% of home owners give or take.
  9. MrBigglesWorth

    MrBigglesWorth Rookie

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    well that is me my friend. i'm not in a dire situation but the whole thing bites.

    the country has been officially hijacked. government is not even following the constitution anymore.
  10. PatriotsReign

    PatriotsReign On the Roster

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    Right now, I don't think you'd find too many people who would disagree with you.

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