Foreclosures Drop in September in Medford
Medford foreclosures were down last month.
Medford foreclosures were down last month compared to September 2011, but year-to-date foreclosure actions are nearly identical.
There were eight foreclosure petitions entered on Medford properties last month, according to data from real estate publisher The Warren Group. That's down from 12 in September 2011.
Year-to-date, 66 foreclosure petitions have been entered on Medford properties, one less than the same time period last year, according to the data.
Statewide, September saw the lowest foreclosure petitions level since May 2011, according to The Warren Group. A total of 973 petitions were initiated, dowen from 1,164 in September 2011, according to the data.