By Aglaia Pikounis
The Warren Group released its January foreclosure numbers today and unfortunately, the picture hasn’t changed much.
The number of foreclosure deeds recorded throughout Massachusetts was up in January compared to a year ago and the previous month. Since October, there has been an average of about 950 foreclosures a month.
Today’s report comes just a day after President Obama unveiled his multi-billion dollar housing plan to rescue millions of struggling homeowners. Homeowners in places like Worcester, Springfield, Brockton and Lowell – Bay State cities that have had the most foreclosures – are hopefully going to be getting help. Those cities have consistently had the largest numbers of homes lost to foreclosure. In January, that trend continued. Here’s a list of 10 communities with the most foreclosure activity in January:
Worcester (60), Dorchester (49), Brockton (43), Springfield (43), Lynn (32), Lowell (29), Lawrence (28), Revere (22), New Bedford (20), Randolph (19).
But there are other communities that have had huge increases in foreclosures, including Malden, Weymouth and Saugus.
Malden had 17 foreclosures last month, more than double the number in January 2008. Two years ago during the same month, Malden didn’t have any foreclosures. Saugus had 10 foreclosures, which was more than triple the foreclosures a year earlier. Weymouth had only 1 foreclosure last January but that number jumped to 5 last month.
It’s only a month’s worth of data, but it’s still worth keeping an eye on.





