Medford Foreclosures Down in 2012

Auctions down 46 percent, deeds down 38 percent for the year.

Home foreclosure petitions, auctions and deeds were all down in Medford for 2012 compared to the previous year, according to the latest figures from The Warren Group.

There was actually one more foreclosure petition in Medford in Dec. 2012 than Dec. 2011, with eight petitions last month and seven in the same month in 2011.

For the year, total foreclosure petitions were down from 92 in 2011 to 85 in 2012, a drop of 7 percent.

There was only one foreclosure auction in Medford in December and no foreclosure deeds. There were five of each in Medford in Dec. 2011, according to The Warren Group's figures.

A total of 22 foreclosure auctions happened in Medford in 2012, down from 41 in 2011. This represents a total drop over 46 percent.

Meanwhile, there were a total of 27 foreclosure deeds in Medford in 2012, down from 44 in 2011, a 38 percent decrease.

Information on Medford home sales for 2012 is available here.


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