New Hampshire saw a spike in foreclosure filings in October according to the foreclosure tracking firm Realtytrac. The month saw a total of 739 filings, versus only 423 the previous month. This follows a general falling trend for the year as a whole. However, as shown in the chart below, the spike is comparable to the filing volume seen in April, May and June of this year.
Statewide one in 832 dwellings received a filing, compared to a national average of one in 706. There are currently 3932 homes in some stage of foreclosure.
Looking at the county level, Hillsborough and Merrimack Counties led the way in terms of total number of filings, which speaks more to the concentration of the state’s population in those two counties than any weaknesses in those two housing markets.
October also saw healthy foreclosure sales, with 300 being sold, a record high for the year.