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Massachusetts Foreclosures at 3 Year High

ForeclosuresMass reports that Massachusetts foreclosure rate has hit a three year high, up 25% over last year.

Foreclosures were filed on 1,200 properties, 25 percent higher than the year before and 63 percent higher than February 2004. Compared to January of this year, foreclosures increased nearly 12 percent, with Middlesex County posting a 29 percent increase.

Boston Business Journal: Bay State home foreclosures hit three-year high - 2006-04-04

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