Speaking of hope…
According to RealtyTrac, there’s sufficient reason to believe Maine is in fairly good shape nationally when it comes to foreclosures. Maine ranked 39th in the country in February foreclosure filings. Of course there is some balance in the observation that foreclosure activity was up nearly 29 percent from the previous year, a number that just about matches the national trend.
Stop and answer this question in your mind! How many foreclosures were filed in Maine during the month of February? Come on, take a guess!
York County leads the state in foreclosures, recording 40 percent of the 261 new filings recorded statewide in February. Sometimes it does seem overwhelming… and while 261 foreclosure filings in one month isn’t “good news,” looking at the actual numbers can create perspective.