Business

Foreclosure statistics for US, Mass. during recession

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

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Projection for US foreclosure filings in 2012: 1.8 million

Peak month of US homes in some stage of foreclosure: 2.2 million in December 2010

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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

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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

Sources: RealtyTrac, Warren Group
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