Here are some statistics about the US and Massachusetts foreclosure markets since the onset of the recession in December 2007:
Peak year of US foreclosure filings: 2.9 million in 2010
Projection for US foreclosure filings in 2012: 1.8 million
Related
Peak month of US homes in some stage of foreclosure: 2.2 million in December 2010
US homes in some stage of foreclosure in October: 1.6 million
Peak quarter of US foreclosure sales: 212,926 in first quarter of 2008
US foreclosure sales in second quarter of 2012: 170,040
Peak period of foreclosure filings in Massachusetts: 21,635 from January to September 2009
Massachusetts foreclosure filings from January to September of 2012: 13,582