Tag Archives: The Warren Group

Single-family home sales in Massachusetts were down year-over-year in February after 13 consecutive months of increases, The Warren Group reported. Home sales for February stood at 2,246, down 5 percent from 2,366 sales in February 2012. According to the real estate data provider, February marked the first decrease since December 2011.

Connecticut home sales at the start of the year rose 14 percent to 1,519, the highest level since January 2008 when there were 1,653 recorded sales. The gain also marks the 13th straight month of increases.

Foreclosure petitions in the Bay State plunged nearly 30 percent year-over-year in January, according to a report from The Warren Group. Foreclosure petitions--the first step in the foreclosure process--decreased to 940, down from 1,333 in January 2012. The decrease marks the third straight month petitions have fallen in Massachusetts.

Single-family home sales in Massachusetts rose more than 10 percent year-over-year in January, according to new data from The Warren Group. Single-family sales reached 2,680--the highest January sales level since 2007, when there were 2,953 transactions. January 2012 single-family home sales were 2,436.

From 2011 to 2012, the number of completed foreclosures fell in Massachusetts, while foreclosure starts experienced a significant increase, according to a report from the Warren Group. For the most part, however, a declining trend was seen when assessing foreclosure trends in December and in the fourth quarter of 2012.

According to data from the Warren Group, Chapter 7, Chapter 13, and Chapter 11 bankruptcy filings in Massachusetts saw double-digit decreases year-over-year in 2012. Bay State Chapter 7 bankruptcy filings decreased 18 percent over a one-year period after numbering 11,964 in 2012, down from 14,716 in 2011.

Overall personal bankruptcy filings in Connecticut decreased in 2012 as consumers become more confident about their ability to handle debt, according to a report from the Warren Group. In Connecticut, personal bankruptcy filings numbered 7,242 in 2012, down from 8,518 in 2011, representing a 15 percent decrease.

Completed foreclosures in Massachusetts fell year-over-year for the sixth consecutive month in November, while foreclosure petitions were down to the lowest level seen so far this year.

Connecticut home sales improved in August, while the state's median sales price told a different story, a report from The Warren Group revealed.

In August, lenders in Massachusetts completed the least number of foreclosures since February 2011, according to a report from The Warren Group.Lenders in August completed 566 foreclosures, marking a 40 percent decease from August 2011, when there were 947 completed foreclosures.