Monthly Register's Report

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For more information, please contact Lorna Green-Baker at Register Buckley’s office (508) 830-9298

 

JOHN R. BUCKLEY, JR., REGISTER OF DEEDS

PLYMOUTH COUNTY REAL ESTATE ACTIVITY FOR

JANUARY 2017

 

STRONG START TO 2017 FOR PLYMOUTH COUNTY REAL ESTATE

 

            January, for the second year in a row, brought Plymouth County mild weather and a solid start of sales activity. This January, 685 deeds were recorded in Plymouth County.  Last January, 637 deeds were recorded. "This represents an 8% increase in sales compared to 2016, giving us reason for cautious optimism for the new year," said Register of Deeds John R. Buckley, Jr.  The Boston Globe reported that the biggest concern for the 2017 market is the continued lack in inventory.  The Globe, citing the Massachusetts Association of Realtors, reported that December, 2016, marked the 59th straight month of year-over-year decreases in the number of single family homes for sale in Massachusetts.  The Association noted that December had the lowest inventory of homes for sale in Massachusetts on record in 12 years.  Only time will tell how inventory affects the upcoming spring market.

            "The January mortgage market also showed an increase in activity over last year,” said Register Buckley.  Plymouth County recorded 1,674 mortgages in January, up 19% from the 1,412 mortgages recorded in January, 2016.  "Hopefully we will see continued strength in the mortgage market.  We will not only be watching the housing inventory, but we will also be watching mortgage rates as we move into this year's spring market," added Register Buckley.           

            Plymouth County recorded 55 foreclosure deeds in January compared to 52 recorded last January, representing a 6% increase.  The bigger news on the foreclosure front is that foreclosure notices, the first document to reach the Registry in the foreclosure process, decreased by 58%.  Plymouth County recorded 65 home foreclosure notices in January, 2017, compared to 154 home foreclosure notices in January, 2016.  This dramatic decrease is very good news for Plymouth County properties, homeowners, and financing institutions. 

            As part of our ongoing effort to share with the public some of America’s earliest records, on Tuesday, February 28th,  from 9:00 am to 3:00 pm, the Registry will display an original Plymouth Colony record of one of the earliest governing bodies, the Commissioners of the United Colonies.  On April 19, 1653, the commissioners decided that they needed to meet in Boston to discuss the possibility of an Indian uprising fostered by the Dutch.  The records are found in Volume II of the Acts of the Commissioners of New England beginning at p. 3.  William Bradford was one of the commissioners who decided that they should enumerate their concerns in a series of questions to the Indians to ascertain whether they were in fact conspiring with the Dutch.  Peter Stuyvesant, the last director-general of the Dutch colony, New Netherland, before it was ceded to the English (becoming New York) is mentioned in the subsequent discourse and denials of the Indians.  The Plymouth Colony Records, Storage and Reading Room is located on the second floor of the Plymouth County Registry building at 50 Obery Street, Plymouth.  Call Lorna Green-Baker at (508) 830-9290 for further information.         

              If you would like to receive a copy of our monthly report by e-mail, please contact Assistant Register of Deeds Timothy H. White at white@plymouthdeeds.org.

 

REAL ESTATE ACTIVITY FOR JANUARY 2017

COMPARED TO THE SAME PERIOD IN 2016

 

All figures are based on sales or mortgages between $25,000.00 and $3,000,000.

 

2017 sales volume: 685

2016 sales volume: 637

 (8% increase)

 

2017 total sales value: $265,379,241

2016 total sales value: $235,270,531

(13% increase)

 

2017 average sales price: $387,415

2016 average sales price: $369,341

 (5% increase)

 

2017 mortgage volume: 1,674

2016 mortgage volume: 1,412

(19% increase)

 

2017 average mortgage amount: $277,670

2016 average mortgage amount: $259,449

(7% increase)

 

2017 foreclosure deeds:  55

2016 foreclosure deeds:  52

 (6% increase)

 

2017 foreclosure notices: 65

2016 foreclosure notices: 154

 (58% decrease)

 

Foreclosures and Orders of Notice

 January 2017

Town

Foreclosure Deeds

Orders of Notice

ABINGTON

2

4

BRIDGEWATER

2

4

BROCKTON

12

12

CARVER

3

2

DUXBURY

1

0

EAST BRIDGEWATER

4

4

HALIFAX

1

3

HANOVER

0

1

HANSON

0

2

HINGHAM

0

0

HULL

1

0

KINGSTON

0

2

LAKEVILLE

2

0

MARION

1

2

MARSHFIELD

1

1

MATTAPOISETT

0

1

MIDDLEBORO

4

2

NORWELL

1

1

PEMBROKE

1

1

PLYMOUTH

5

6

PLYMPTON

0

0

ROCHESTER

0

3

ROCKLAND

4

2

SCITUATE

1

2

WAREHAM

8

7

WEST BRIDGEWATER

1

0

WHITMAN

0

3

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