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March 27, 2008

No End In Sight For Foreclosures

Framingham-based ForeclosuresMass.com predicts foreclosure filings will continue at record levels through the end of the year.

The company, which provides state foreclosure data to investors, real estate agents and mortgage brokers, estimates that foreclosure filings for the year will be 15 to 25 percent higher than the 2007 numbers, which were the highest on record.

March numbers released by ForeclosuresMass.com show that foreclosures are up in 282 of the state's 351 cities and towns.

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