Massachusetts Home Buyer Guide

A total of 1,617 single-family home sales were bank-owned properties, representing 3.4 percent of all single-family sales in 2012. The number of foreclosed homes sold decreased from 2011, when bank-owned properties accounted for 3.8 percent of all single-family home sales in Massachusetts, according to The Warren Group, publisher of Banker & Tradesman.  

The Massachusetts year-end real estate sales numbers are out, and the results are no surprise to real estate professionals and home buyers working in and buying real estate in 2012. 

The number of foreclosure deeds, the last step in the foreclosure process in Massachusetts, declined again in November, marking the sixth straight month of year-over-year declines in completed foreclosures, The Warren Group, publisher of Banker & Tradesman, reported January 2, 2013.

Massachusetts homebuyers bought more single-family homes in November than any November since 2005, Boston.com reported December 27, 2012.