Business

Foreclosure levels continue to drop in Mass.

Advertisement

A strong housing market and improved economy helped drive foreclosure activity well below last year’s levels, according to a Boston real estate tracking firm. Lenders initiated 407 foreclosures in July, down from 1,198 in July 2012 — a 66 percent drop, Warren Group reported. It was the ninth consecutive month of year-over-year declines. Completed foreclosures also plunged significantly from July 2012, falling 54 percent.

Globe staff

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com