Foreclosure Filings Continue to Drop

According to the foreclosure tracking firm RealtyTrac, foreclosure filings in New Hampshire fell again in December, marking the third straight month of decreases. Statewide, 405 houses received a foreclosure filing, compared to 578 in November and 739 in October. There are currently 3703 foreclosure properties in the state.

The December filing data translates into 1 in every 1,518 houses receiving a notice statewide. In comparison, the national average for the month was 1 in 810. At 405, last month saw the fewest filings of any month in 2012.

Of the homes receiving a notice, 178 went to auction with 227 being repossessed by the lender.

December also saw a drop in foreclosure home sales with 150 being sold, a low for the year. However, the low number is not because of weakness in the market, but normal seasonal trends.