November saw New Hampshire’s foreclosure filings drop to 578. This reverses last month’s spike to 739. From the data it is not clear what caused the jump in October, but whatever the cause, it was only temporary.
Of the 578 properties in question, roughly half were headed to the auction block, while the other half reverted to bank ownership.
On the sales side, foreclosure sales dropped sharply with November sales only 1/3 of those in October.
Currently there are 3864 properties in foreclosure state wide while one in 1064 properties received a filing notice last month. In comparison, the national average was one in 728. At the other end of the spectrum is Florida with one in every 304 properties receiving a notice.