Over the month of October, we continued to see a steady increase in the number of property sales recorded at the Plymouth County Registry of Deeds. The 817 deeds recorded in October brought our year to date total to 7,232 sales as compared to 6,791 sales last year at this time, a 7% increase.
Our October Register’s report clearly shows the continuing decline of mortgage refinancing as a segment of our real estate market, despite what are traditionally very low fixed rates. Our year to date mortgage volume is down 9%.
The was also a slight increase in foreclosure activity after many months of steep declines. Please refer to our October Register’s report for futher detail and a community by community listing of foreclosure activity for our twenty-seven communities.