Boston real estate foreclosures
Data released today shows that more people spent more than 30 percent of their income on housing costs, last year. From today’s Times: Nationally, half of renters and more than one third of mortgage holders — 37 percent, up from 35 percent in 2005, or a rise...Boston real estate foreclosures
Sixteen of your neighbors lost their homes to foreclosure this week, in the city of Boston (short week, Monday being Labor Day). Address, mortgage date, original amount 113 Dale Street #1, 2006, $210,000 19-21 Hendry Street, #1, Dorchester, 2006, $243,000 144...Boston real estate foreclosures
So, what percentage of people facing foreclosure are investors, and what percentage are homeowners? It varies, according to location, apparently. (No data on Massachusetts, but my guess it’s on the lower end of the scale. We just didn’t have a lot of...Boston real estate foreclosures
I’m announcing a new feature you will only find here on the Boston Real Estate Blog. You certainly won’t find it in the Globe or Herald. Twenty of your neighbors lost their homes to foreclosure this week, in the city of Boston. Address, mortgage date,...Boston real estate foreclosures, subprime lending crisis
According to the Globe: The Patrick administration is considering a plan that would make mortgage lenders pay moving expenses as well as the first and last months’ rent of homeowners who lose their homes to foreclosure. The proposal is part of foreclosure...