Foreclosure Activity Nonexistent in Stoneham During February

As foreclosure activity in Massachusetts continues to drop, Stoneham saw no foreclosure activity at all during February.

As Massachusetts saw its foreclosure activity continue to fall in February, Stoneham saw foreclosure activity come to dead stop. The Warren Group tracks foreclosure petitions, the first step in the foreclosure process, deeds that represent completed foreclosures and foreclosure auction announcements. In February, there weren't any foreclosure petitions or deeds filed against Stoneham properties, and there weren't any auction announcements. In the same month last year, there was one foreclosure petition filed against a Stoneham property and three foreclosure deeds. Statewide foreclosure petitions dropped more than 38 percent year-over-year in February. Deeds dropped 69 percent and auction announcements dropped 76 percent. In a press release…

• Photos (1)

Stoneham Foreclosure Activity Drops in January

Foreclosure activity also dropped across Massachusetts in the first month of 2013, according to The Warren Group.

After a year that saw more completed foreclosures in Stoneham than the year before, despite an overall drop statewide, the town is off to a better start in 2013. Stoneham had very little foreclosure activity in January compared to the same month a year prior, as Massachusetts saw double digit decreases in both starts and completed foreclosures, according to the latest report from The Warren Group, publisher of Banker & Tradesman. In January, there was one foreclosure petition—the start of the foreclosure process—filed against a Stoneham property, compared to four filed in January 2012. Statewide, foreclosure petitions dropped almost 30 percent year-over-year and have dropped for three consecutive months, according to The Warren Group, …

• Photos (1)

Completed Stoneham Foreclosures Climb in 2012

While the number of completed foreclosures in Massachusetts dropped by almost 13 percent in 2012 compared to the year before, Stoneham's completed foreclosures rose slightly.

Stoneham bucked the statewide trend of fewer completed foreclosures in 2012 compared to the previous year, with a slight increase in completed foreclosures compared to 2011, according to the latest figures from The Warren Group. While the town also saw an increase in foreclosure petitions, the first step in the foreclosure process, Massachusetts similarly saw a rise in foreclosure petitions in 2012 as that activity picked up after a slower 2011. The town saw no year-over-year change in foreclosure auction announcements last year. In 2012, 17 foreclosure deeds were filed on Stoneham properties, two more than the 15 filed in 2011, which equates to a 13 percent increase. Statewide, the number of completed foreclosures in Massachusetts dropped…

•  6 Comments
• Photos (1)

Stoneham Foreclosure Activity Up Slightly in November

While completed foreclosures Massachusetts declined again in November, Stoneham's foreclosure continued to outpace 2011.

While completed foreclosures Massachusetts declined again in November, Stoneham's foreclosure activity continued to outpace 2011 according to the latest figures from The Warren Group. There were two foreclosure deeds, which represent completed foreclosures recorded in Stoneham during November, while there were none in November 2011. Statewide, 295 foreclosure deeds were recorded in November, a near 60 percent decrease from 731 deeds in the same month during 2011 and marking the sixth straight month of year-over-year declines.  Year-to-date foreclosure deeds are only up slightly in Stoneham, with 16 recorded through the first 11 months of 2012, compared to 14 during the same time period the year before. Foreclosure deeds are down 8 percent …

•  1 Comment
• Photos (1)

Stoneham Foreclosures Continue to Outpace Last Year

Find out the latest foreclosure data for Stoneham.

Stoneham Foreclosures Continue to Outpace Last Year

Ten more foreclosures petitions have been filed this year in Stoneham than in June 2011.

While statewide foreclosure activity somewhat abated in June, Stoneham foreclosure petitions increased compared to the same time period last year, according to the latest figures from The Warren Group. There were two foreclosure petitions, which represent the first step in the foreclosure process, filed against Stoneham properties last month, the same number of petitions filed in June 2011. Statewide foreclosure petitions fell to their lowest level so far this year, with  1,254 petitions recorded in June, a 29.5 percent decrease from May. Year-over-year foreclosure petitions, however, rose almost 27 percent in June, from 990 in June 2011. The Warren Group CEO Timothy M. Warren Jr. called the drop in petitions from May to June "pretty …

• Photos (1)