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Boston Herald

Massachusetts foreclosures drop sharply

April 2, 2013

Foreclosure activity fell again in the Bay State in February thanks to improving economic conditions and a revitalized real estate market, according to industry tracker The Warren Group.

Foreclosure petitions, the first step in the foreclosure process in Massachusetts, fell more than 38 percent in February to 856, compared to 1,394 in February 2012. So far this year, 1,796 petitions have been filed, a 34 percent drop from 2,727 during the same period last year.

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