New Hampshire's Monthly Foreclosure Figures Hit Lowest Mark In Nine Years

Jun 8, 2015

Credit Jeff Turner via Flickr/CC 2.0 - http://ow.ly/LV7pt

New Hampshire saw the lowest single-month number of foreclosure deeds in nearly a decade last month.

The latest report from New Hampshire Housing shows 91 foreclosure deeds in the state for April 2015. The last time the number of foreclosures was under 100 was September 2006.

The number of foreclosure deeds in the first four months of 2015 is 38 percent below the number during the same period last year.

Analysts say the drop in foreclosures is likely due in part to an improving housing market and a growing willingness among lenders to allow short sales for those who owe more than their houses are worth.