--- title: Massachusetts Foreclosure Activity Increases in July 2015 description: Massachusetts foreclosure petitions increased 49 percent to 1,044 petitions in July compared to 702 foreclosure petitions recorded in July 2014. image: http://info.buyersbrokersonly.com/hs-fs/hub/213639/file-631319150-jpg/images/Foreclosure_Crisis_Graphic.jpg --- (978) 835-5906             [![Search Icon](https://info.buyersbrokersonly.com/hs-fs/hubfs/Search%20Icon.png?width=30&height=30&name=Search%20Icon.png)](https://info.buyersbrokersonly.com/search-results-page) [![Buyers Brokers Only, LLC – Real Estate Buyer Agents](https://info.buyersbrokersonly.com/hs-fs/hubfs/2023%20BBO%20Logo%20800x170.png?width=1600&height=340&name=2023%20BBO%20Logo%20800x170.png "Buyers Brokers Only, LLC – Real Estate Buyer Agents")](https://www.buyersbrokersonly.com/) # Massachusetts Home Buyer Guide ![smaller-dotted-line.png](https://cdn2.hubspot.net/hub/298849/file-263826832-jpg/true_gray_line_websites.jpg?width=1175&name=true_gray_line_websites.jpg "smaller-dotted-line.png") ## [Massachusetts Foreclosure Activity Increases in July 2015](https://info.buyersbrokersonly.com/blog/massachusetts-foreclosure-activity-increases-in-july-2015) Sep 3, 2015 7:55:37 AM Although both the number of foreclosure petitions and foreclosure deeds recorded in Massachusetts increased in July, the foreclosure crisis is a thing of the past. ![Massachusetts foreclosure activity July 2015](http://info.buyersbrokersonly.com/hs-fs/hub/213639/file-631319150-jpg/images/Foreclosure_Crisis_Graphic.jpg?width=400&height=300&name=Foreclosure_Crisis_Graphic.jpg)Lenders are just clearing out Massachusetts real estate inventory after putting many foreclosures on hold over the past few years due to regulatory complications.  On the other hand, the recent increase in [Massachusetts foreclosures may provide an opportunity for some home buyers](https://info.buyersbrokersonly.com/blog/bid/388193/Do-Home-Buyers-Have-Another-Chance-to-Purchase-a-Foreclosure-in-MA) to purchase an affordable home; however, [home buyers](https://info.buyersbrokersonly.com/guide-to-the-home-buying-process-massachusetts) need to be prepared for homes that in most cases need substantial repairs and improvements that will require tens of thousands of dollars just to make the property livable.  Foreclosure petitions – the first step in the foreclosure process in Massachusetts – increased 49 percent to 1,044 petitions in July compared to 702 foreclosure petitions recorded in July 2014, The Warren Group, publisher of Banker & Tradesman, reported September 1, 2015. July marked the 17th straight month of petition filing increases. From January through July, there were 6,360 foreclosure petitions recorded, a 60 percent increase compared to July 2014. Not all foreclosure petitions result in a completed foreclosure.  There were 386 foreclosure deeds – the final step in the Massachusetts foreclosure process – recorded in July, a 77 percent increase from the 218 foreclosure deeds filed in July 2014. Through July the number of foreclosure deeds increased 27 percent to 2,416 compared to 1,897 deeds recorded during the first seven months of 2014. There were 574 auction announcements in July, a 1.5 percent decrease from the 584 announcements filed in July 2014. [In comparison, there were 1,356 auction announcements in November 2011](https://info.buyersbrokersonly.com/blog/bid/198923/Massachusetts-Foreclosures-Decline-Nearly-60-in-November-2012). During the first seven months of 2015, auction announcements increased 35 percent to 3,761 auction announcements compared to 2,789 auction announcements during the same seven-month period in 2014. An auction announcement is a lender's declaration that efforts to repair the loan with the borrower have failed, and the property will go up for auction. [![Massachusetts Quick Guide to the Home-buying Process](https://no-cache.hubspot.com/cta/default/213639/0900dbc4-1902-4c86-ad19-c8fa3fb0e6d9.png)](https://cta-redirect.hubspot.com/cta/redirect/213639/0900dbc4-1902-4c86-ad19-c8fa3fb0e6d9) Topics: [Real Estate Market](https://info.buyersbrokersonly.com/blog/topic/real-estate-market), [Foreclosure News](https://info.buyersbrokersonly.com/blog/topic/foreclosure-news), [The Warren Group](https://info.buyersbrokersonly.com/blog/topic/the-warren-group) [![Share on Facebook](https://static.hubspot.com/final/img/common/icons/social/facebook-24x24.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmassachusetts-foreclosure-activity-increases-in-july-2015%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://static.hubspot.com/final/img/common/icons/social/linkedin-24x24.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmassachusetts-foreclosure-activity-increases-in-july-2015%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://static.hubspot.com/final/img/common/icons/social/twitter-24x24.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmassachusetts-foreclosure-activity-increases-in-july-2015%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmassachusetts-foreclosure-activity-increases-in-july-2015%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Massachusetts%20Foreclosure%20Activity%20Increases%20in%20July%202015) [![Share on Email](https://static.hubspot.com/final/img/common/icons/social/email-24x24.png)](mailto:?subject=Check%20out%20https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmassachusetts-foreclosure-activity-increases-in-july-2015%3Futm_medium%3Dsocial%26utm_source%3Demail%20&body=Check%20out%20https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmassachusetts-foreclosure-activity-increases-in-july-2015%3Futm_medium%3Dsocial%26utm_source%3Demail) ### [Blog Home](https://info.buyersbrokersonly.com/blog) ### Subscribe to this Blog ### Learn the Steps to Buying a Home in Massachusetts ### [![The Steps to Buying a Home](https://no-cache.hubspot.com/cta/default/213639/25735662-3637-4a46-8885-47ad1de2687d.png)](http://cta-redirect.hubspot.com/cta/redirect/213639/25735662-3637-4a46-8885-47ad1de2687d) ### Search Homes For Sale [![Search the latest home listings. Sign up for property alerts. ](https://no-cache.hubspot.com/cta/default/213639/4dbb4a3b-98e1-4dc2-9535-a0b7593b45c5.png)](http://cta-redirect.hubspot.com/cta/redirect/213639/4dbb4a3b-98e1-4dc2-9535-a0b7593b45c5) ### Are You Ready to Learn Some Home-buying Tips?  ### [![Request a personal home buyer consultation with a buyer agent](https://no-cache.hubspot.com/cta/default/213639/de2d74bb-c501-40f3-baf8-cbdb0e2dde74.png)](http://cta-redirect.hubspot.com/cta/redirect/213639/de2d74bb-c501-40f3-baf8-cbdb0e2dde74) ### Learn About Buyer Agents ### Favorite Topics • [Community Information](https://info.buyersbrokersonly.com/blog/topic/community-information) • [Home-buying Tips](https://info.buyersbrokersonly.com/blog/topic/home-buying-tips) • [Massachusetts Relocation](https://info.buyersbrokersonly.com/blog/topic/massachusetts-relocation) • [Mortgage Tips & News](https://info.buyersbrokersonly.com/blog/topic/mortgage-rates-news) • [Real Estate Market](https://info.buyersbrokersonly.com/blog/topic/real-estate-market) ### Most Popular Posts ### **Home Buyer Resources** [Massachusetts Home Buyer Guide](https://info.buyersbrokersonly.com/guide-to-the-home-buying-process-massachusetts) [New Hampshire Home Buyer Guide](https://info.buyersbrokersonly.com/guide-to-the-home-buying-process-in-new-hampshire) [Rhode Island Home Buyer Guide](https://www.buyersbrokersonly.com/buying/how-to-buy-a-home-in-rhode-island) [Wants v. Needs Worksheet](https://info.buyersbrokersonly.com/wants-needs-worksheet) [Home Buyer House Scoring Tool](https://info.buyersbrokersonly.com/homebuyer-house-scoring-tool) [103 Home Buyer Terms Download](https://info.buyersbrokersonly.com/home-buying-terms-for-the-home-buyer) [Greater Boston Home Buyer Blog](https://info.buyersbrokersonly.com/blog) ### **Company** [Home ](https://www.buyersbrokersonly.com/) [About](https://www.buyersbrokersonly.com/about) [Terms of Service](https://www.buyersbrokersonly.com/services) [Privacy Policy](https://www.buyersbrokersonly.com/privacy-policy) [Disclaimer](https://www.buyersbrokersonly.com/disclaimer) [Press Room](https://info.buyersbrokersonly.com/press-room) [Careers](https://www.buyersbrokersonly.com/careers) [Coverage Area](https://www.buyersbrokersonly.com/coverage) [Site Map](https://www.buyersbrokersonly.com/site_map) ### **Contact Us** [Schedule a Consultation](https://info.buyersbrokersonly.com/personal-home-buyer-consultation) Call / Text (978) 835-5906 [info@buyersbrokersonly.com](mailto:info@buyersbrokersonly.com) [Contact Form](https://www.buyersbrokersonly.com/contact) [Our Agents](https://www.buyersbrokersonly.com/brokers) [Reviews](https://www.buyersbrokersonly.com/testimonials) [![Fair Housing Matters to Buyers Brokers Only, LLC](https://info.buyersbrokersonly.com/hs-fs/hubfs/equal-housing-opportunity-logo-1200w.png?width=100&height=107&name=equal-housing-opportunity-logo-1200w.png)](https://naeba.org/naeba-celebrates-fair-housing-month-promotes-homebuyer-protection/)   ### **Popular Searches**  [Acton, MA Homes](https://www.buyersbrokersonly.com/acton-ma-homes-for-sale) [Andover, MA Homes](https://www.buyersbrokersonly.com/andover-ma-homes-for-sale) [Arlington, MA Homes](https://www.buyersbrokersonly.com/arlington-ma-homes-for-sale) [Belmont, MA Homes](https://www.buyersbrokersonly.com/belmont-ma-homes-for-sale) [Burlington, MA Homes](https://www.buyersbrokersonly.com/burlington-ma-homes-for-sale) [Haverhill, MA Homes](https://www.buyersbrokersonly.com/haverhill-ma-homes-for-sale) [Lexington, MA Homes](https://www.buyersbrokersonly.com/lexington-ma-homes-for-sale) [Lynnfield, MA Homes](https://www.buyersbrokersonly.com/lynnfield-ma-homes-for-sale) [Melrose, MA Homes](https://www.buyersbrokersonly.com/melrose-ma-homes-for-sale) [Needham, MA Homes](https://www.buyersbrokersonly.com/needham-ma-homes-for-sale) [North Andover, MA Homes](https://www.buyersbrokersonly.com/north-andover-ma-homes-for-sale) [Salem, NH Homes](https://www.buyersbrokersonly.com/salem-nh-homes-for-sale) [Somerville, MA Homes](https://www.buyersbrokersonly.com/somerville-ma-homes-for-sale) [Walpole, MA Homes](https://www.buyersbrokersonly.com/walpole-ma-homes-for-sale) [Westwood, MA Homes](https://www.buyersbrokersonly.com/westwood-ma-homes-for-sale) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Rich Rosa", "url" : "https://info.buyersbrokersonly.com/blog/author/rich-rosa" }, "datePublished" : "2015-09-03T11:55:37.000Z", "headline" : "Massachusetts Foreclosure Activity Increases in July 2015", "image" : [ "//info.buyersbrokersonly.com/hs-fs/hub/213639/file-631319150-jpg/images/Foreclosure_Crisis_Graphic.jpg" ], "mainEntityOfPage" : { "@id" : "https://info.buyersbrokersonly.com/blog/massachusetts-foreclosure-activity-increases-in-july-2015", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://info.buyersbrokersonly.com/hubfs/2023%20BBO%20Logo%20800x170.png" }, "name" : "Buyers Brokers Only, LLC" } } ``` ```json { "@context" : "https://schema.org", "@type" : "BreadcrumbList", "about" : [ { "@type" : "Thing", "name" : "Boston Real Estate" }, { "@type" : "Thing", "name" : "Home Buying Tips" } ], "description" : "Massachusetts Home Buyer Guide provides first-time homebuyers and those experienced in purchasing real estate with tips, advice, and news.", "image" : { "@type" : "ImageObject", "url" : "https://info.buyersbrokersonly.com/image.jpg" }, "inLanguage" : "en-us", "isPartOf" : { "@type" : "WebSite", "name" : "Buyers Brokers Only", "url" : "https://info.buyersbrokersonly.com" }, "itemListElement" : [ { "@type" : "ListItem", "item" : "https://info.buyersbrokersonly.com", "name" : "Home", "position" : 1 }, { "@type" : "ListItem", "item" : "https://info.buyersbrokersonly.com/blog", "name" : "Blog", "position" : 2 } ], "keywords" : [ "Massachusetts Home Buyer Guide", "time Homebuyer Tips", "Advice MA" ], "mainEntityOfPage" : "https://info.buyersbrokersonly.com/blog", "mentions" : [ { "@type" : "Thing", "name" : "Massachusetts Housing" }, { "@type" : "Thing", "name" : "Real Estate Market" } ], "url" : "https://info.buyersbrokersonly.com/blog" } ```