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In first 9 months of 2013, N.H. foreclosures at slowest pace since 2007

Foreclosures in New Hampshire were down 22.8 percent in September compared with a year earlier, according to the New Hampshire Housing Finance Authority.

The agency announced yesterday that 2,108 foreclosure deeds were recorded in the state in the first nine months of 2013. That’s 25.9 percent less than the 2,843 recorded over the same period in 2012, and the lowest rate since 2007.

September saw 203 foreclosures recorded in New Hampshire, compared with 263 in September 2012.

“These improvements are in part due to slow but steady improvements in the housing market and the overall economy,” the authority said in a news release. “They may also be attributable in part to the easing of lender attitudes toward short sales, allowing underwater borrowers to exit ownership prior to foreclosure.”

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