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New Foreclosures in NH are declining

Foreclosure Deeds

 The 252 foreclosure deed recordings in New Hampshire in November of this year are a decrease of 8% from foreclosure deeds in November of 2011, and a decrease of 5.6% from the prior month. The cumulative total for January through November 2012 is nearly 4% below the same period in 2011, and 10% below the same period in 2010. With signs of improvement in overall economic conditions, as well as some improvement in the statewide and regional housing markets, the number of new foreclosures in New Hampshire will decline slowly. Foreclosed and distressed properties will, however, continue to have a negative influence on the housing market.