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Mass. Foreclosure Activity Up In February

This article is more than 11 years old.

Foreclosures in Massachusetts nearly doubled in February.

According to realty tracking firm The Warren Group, completed foreclosures rose 41 percent in February, compared to the same time last year.

Analysts say the increase is due to paperwork issues and new state laws that slowed the foreclosure process in 2011.

"This is something that should be taken in context if not with a grain of salt," said Cory Hopkins, the group's editorial director. "The fact that things have gone up and gone up this dramatically is to have been expected."

Hopkins says the rise is simply the housing market evening out, and adds that news about the market has been mostly positive.

This article was originally published on March 21, 2012.

This program aired on March 21, 2012. The audio for this program is not available.


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