HUD Homes for Sale and Bank Foreclosures Rise in Lynn

by cassy82 | October 1, 2010 at 06:48 am

68 views | 0 Recommendations | 0 comments

The number of bank foreclosures and foreclosed HUD homes for sale has increased in Lynn in August, although in a much slower pace compared with other major areas of Massachusetts.

Total number of bank foreclosures and HUD homes for sale in Lynn, Massachusetts has risen for August 2010, although not as high or as fast as in other areas of the state. However, local real property agents have stated that more options should be made available to local homeowners to help them keep their properties.

Foreclosed homes in Boston, MA and in other metro areas of the state continue to post significant jumps for August compared with the same month of 2009. According to Warren Group, the whole state recorded foreclosure totals of 1,200 for August 2010.