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State's Jan. Foreclosure Total Highest In 5 Months

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Feb 21, 2008 11:15 am US/Eastern

State's Jan. Foreclosure Total Highest In 5 Months

BOSTON (AP) ―

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The spike in home foreclosures in Massachusetts shows no signs of slowing.

The Warren Group, a Boston-based publisher of real estate data, says there were 799 foreclosure deeds filed last month.

That's the highest total in five months and the most since there were just over 1,000 recorded last August.

The state also continues to see rising foreclosure petitions, a first step that often leads to owners losing their homes. Petitions during December rose 28 percent from the same month a year ago to about 2,700. That total is up slightly from November of last year.