Trends

With foreclosures up, is confidence down? State unemployment may have trended downward, but foreclosures are taking a contrary turn. According to the Warren Group, "Massachusetts foreclosure starts in June rose 99.1 percent when compared with foreclosure starts in June 2013, but last month's number was 14.8 percent lower than the number for May 2014. The big June-to-June jump should be taken in the context of the regulatory uncertainty that surrounded recent changes in the foreclosure process." [Globe]