No New Foreclosure Deeds in Norton

Norton had nine new foreclosure petitions in May, compared to four last May.

There were 31 year-to-date foreclosure petitions this May, up from 15 in 2011. Norton had zero foreclosure deeds in May of 2012 compared to five last year. The town's year-to-date foreclosure petitions total 1, down from 12 in May 2011, The Warren Group said in a recent press release. Statewide, foreclosure petitions "more than doubled year-over-year - rising to 1,724 from 699 in May 2011. Petitions have surpassed the 1,000 mark every month since July," the firm reported. Statewide, foreclosure deeds "increased more than 32 percent to 755 in May from 571 in May 2011," The Warren Group reported. Other local towns saw the following trends: Canton: Dedham: Dover: Easton: Foxborough: Mansfield: Medfield: Needham: Norfolk: Norwood: Plainville: …

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February Foreclosures Jump in Norton

Foreclosure numbers were stable year-over-year in town.

The number of newly started and completed foreclosures jumped in Norton for February, according to data released Wednesday. The data, compiled by real estate information firm The Warren Group, had Norton's foreclosure petitions (which represent new foreclosures) at six in February. Last February there were none. Foreclosure deeds, or completed foreclosures, fell from one to zero. The state saw a doubling of foreclosure petitions year-over-year, from 694 in February 2011 to 1,394 in February 2012. Foreclosure deeds were up 41 percent, from 521 last year to 736 last month. Warren Group CEO Timothy Warren Jr. said in a statement that court and legislative activity artificially lowered last February's activity. "The large year-over-year …

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Completed Foreclosures Down in Norton, State for 2011

Foreclosure petitions fell significantly.

Completed foreclosures in Norton fell by about 48 percent in 2011, according to numbers released today. The data, compiled by real estate information firm The Warren Group, had foreclosure deeds, which represent completed foreclosures, fall from 39 in 2010 to 25 last year. Foreclosure petitions were at 80 in 2010 and 42 in 2011 for Norton. Statewide, the number of completed foreclosures fell by more than 30 percent for the year. There were 8,526 foreclosures in 2011, down from 12,238 in 2010. Petitions fell from 23,931 to 12,634. Group CEO Timothy Warren said in a statement the real estate market's 2012 performance should tell if a recovery is taking place. "It's promising to see a drop in foreclosures for the year. However, it's no secret…

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November Foreclosure Activity Down in Norton

Town sees increase in foreclosures started and completed.

Norton saw a decrease in the number of newly-started and completed foreclosures during the month of November, according to numbers released today. The data, compiled by real estate information firm The Warren Group, had foreclosure petitions, which represent the start of the foreclosure process, fall from seven in November 2010 to two in November 2011. Foreclosure deeds, or completed foreclosures, were up slightly, from zero to one over the same time period. Massachusetts saw a 70 percent increase in foreclosure deeds in November, jumping from 418 last November to 714 last month. Petitions, though, fell eight percent, from 1,109 to 1,015. Warren Group CEO Timothy Warren said in a statement that the completed foreclosures had likely been in…

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Norton Sees Decrease in Foreclosures

Deeds also went up.

  The town of Norton saw a decrease in its number of started and completed foreclosures in October, according to data released Tuesday. The data, compiled by real estate information firm The Warren Group, showed that the number of foreclosure petitions (which represent newly started foreclosures) fell from five in October 2010 to two last month. Foreclosure deeds, or completed foreclosures, went up from one to two over the same time period. Massachusetts saw petitions increase by 5.9 percent for the month (from 1,193 last year to 1,127 last month). Deeds went up 35.7 percent, from 557 to 756. Warren Group CEO Timothy Warren said in a statement that the increase may indicate that the foreclosure crisis is closer to an end. "A rise in …

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Foreclosures Down in Norton for September

The town saw an increase in both started and completed foreclosures for the month.

Norton saw the number of its started and completed foreclosures decrease in the month of September, according to data released today. The data, compiled by real estate information firm The Warren Group, showed that foreclosure petitions (which represent newly started foreclosures) declined from six in September 2010 to three last month. Foreclosure deeds, or completed foreclosures, dropped from five to two over the same time period. The state also saw a drop in both petitions and deeds. Foreclosures fell from 2,358 last September to 1,164 last month (a 51 percent drop), while deeds declined from 890 to 737. Group CEO Timothy Warren, though, said in a statement that foreclosure activity has accelerated in 2011. "While year-over-year …

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August Foreclosures Down in Norton

Both started and completed foreclosures fell in Norton in August.

The town of Norton saw a slight decline in foreclosure activity for the month of August, according to data released late last week. The data, compiled by real estate information firm The Warren Group, had foreclosure petitions (newly started foreclosures) in town falling from six in August 2010 to five in August 2011. Foreclosure deeds, which represent completed foreclosures, also declined year-over-year, from five to two. Massachusetts saw declines in both deeds and petitions year-over-yer, but the state saw its highest foreclosure deed activity so far in 2011. Deeds fell from 1,207 last year to 937 in August, while petitions dropped to 1,397 from 2,961 last year. Banker & Tradesman Managing Editor Cory Hopkins said the banks have …

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June Foreclosure Activity Increases

Foreclosure petitions and deeds on the rise.

Both newly started and completed foreclosures in Norton increased in June, according to data released yesterday. The data, compiled by real estate information firm The Warren Group, showed an increase in foreclosure petitions (which represent new foreclosures) from four last year to five in June. Foreclosure deeds — or completed foreclosures — increased  sharply, from one to four. Statewide, deeds fell by more than 29 percent (from 1,315 in June 2010 to 931 in June 2011), and petitions dropped by 55 percent (2,220 to 990). Timothy Warren, the group's CEO, said a backlog may be keeping the numbers down. "The steep decline in yearly foreclosure activity shows there is still a glut of foreclosed properties on the banks' books," he said in a …

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April Foreclosures in Norton Aligned with State

Foreclosure deeds decreased from five in April 2010 to zero last month.

The number of completed foreclosures decreased in Norton for the month of April, according to real estate data released today. The data, compiled by real estate information firm The Warren Group, showed foreclosure deeds, which represent completed foreclosures, decreased  from five in April 2010 to zero last month. Foreclosure petitions, which are recently started foreclosures, fell from nine last year to five last month. Statewide, foreclosure petitions fell year-over-year, from 2,431 last year to 1,192 in April. That total, though, represents the highest figure thus far this year. Foreclosure deeds fell in the state by more than 62 percent, from 1,375 to 518 over the same time period. Timothy Warren, the CEO of the group, said the lower …

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Foreclosures Down in Norton, State in February

Both Wrentham and the state saw declines in year-over-year foreclosure activity.

Both Norton and the state saw declines in both foreclosure deeds and petitions over the month of February. The data, compiled by real estate information firm The Warren Group, had foreclosure petitions, which start the foreclosure process, falling in Norton from five last year to zero in February. Foreclosure deeds, which represent completed foreclosures, dropped from two to one over the same time period. The number of completed foreclosures fell by 44 percent in Massachusetts, from 917 last year to 515 in February.  The state's foreclosure deeds declined as well, from 2,122 to 694. Warren Group CEO Timothy Warren said in a statement, though, the changes may be largely the result of a changing foreclosure process. "It demonstrates a new '…