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The Boston condo and real estate market is still not out of touble as a new report came out today that the foreclosure fillings were on the rise for June 2011. This report not only included luxury real estate in the Boston area, but included all of Massachusetts/ Massachusetts Foreclosure deeds, rose 42 percent to 931 in June, the highest number recorded since August 2010. Foreclosure deeds rose 64 percent from 569 deeds in May. Year-over-year, foreclosure deeds decreased more than 29 percent from 1,315 in June 2010. A total of 3,754 foreclosure deeds have been recorded in the first six months of the year, down almost 50 percent from 7,433 a year earlier.
June marked the highest number of deeds recorded in any month so far this year.
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