Norton Sees Mixed Foreclosures in March, Decrease in the State Overall

Data from the Warren Group shows mixed numbers for Norton in March.

When it comes to foreclosures, Norton and the state are slightly at odds.

According to new data from the Warren Group, foreclosure petitions for the state dropped 82.42 percent in March 2013 compared to 2012. Total year to date petitions also dropped 52.16 percent

"Overall, we're seeing foreclosures drop all over the country, but Massachusetts is exceptional in its reduction. The Mortgage Bankers Association reports that we rank 48th in foreclosures started in the first quarter of 2013," said The Warren Group CEO Timothy M. Warren Jr. "Foreclosure prevention efforts combined with a booming real estate market are leading to fewer foreclosures."

In Norton, the results are a little more mixed. Norton’s foreclosure petitions in March increased 33.33 percent from three in March 2012 to four in March 2013, but year to date foreclosure petitions decreased from 15 to 13.

March foreclosure auctions stayed the same at five and year to date auctions fell by 42.11 percent from 19 to 11.

Foreclosure deeds also fell from two to none in March and six to two from year to date 2012 to 2013.


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