Foreclosures Again Rise In Mass.
Home foreclosures continue to rise across Massachusetts, even as they fall nationally.
According to the firm RealtyTrac Inc., there were more than 3,000 foreclosures in the state last month. That's up 6 percent from April 2011 and up 46 percent from March.
Nationally, foreclosures dropped by 14 percent, compared to April 2011 figures, led by large declines in "hard-hit foreclosure states."
"Rising foreclosure activity in many state and local markets in April was masked at the national level by sizable decreases in hard-hit foreclosure states like California, Arizona and Nevada," said Brandon Moore, CEO of RealtyTrac, in its release.
As CNBC headlines the change, "foreclosures move east as hardest-hit markets clear."
The national number of foreclosures is now at its lowest level since summer 2007.
This program aired on May 17, 2012. The audio for this program is not available.