MA Foreclosures Over 2K for 7th Straight Month

Foreclosure filings in Massachusetts totaled 2,002 in April, the seventh consecutive month in which they have exceeded 2,000, according to ForeclosuresMass.com, a provider of foreclosure data based in Framingham, Mass.The company said lenders initiated foreclosure proceedings against 23,116 homeowners over the past 12 months, an 81% increase from the 12-month level recorded a year earlier. "Virtually every community in Massachusetts is being impacted by the foreclosure crisis," said Jeremy Shapiro, president and co-founder of ForeclosuresMass.com. "Wealthy and poor, urban and rural, and all communities in between are being ravaged. Our forecasts indicate that foreclosures will continue to have a negative impact on the Massachusetts real estate market throughout 2007." The company can be found online at http://www.foreclosuresmass.com.