Foreclosures starts, completions fall in Providence metro in May

BOTH FORECLOSURE STARTS and the number of completed foreclosures fell in the Providence-Fall River-New Bedford metropolitan area in May. / COURTESY REALTYTRAC
BOTH FORECLOSURE STARTS and the number of completed foreclosures fell in the Providence-Fall River-New Bedford metropolitan area in May. / COURTESY REALTYTRAC
PROVIDENCE – Foreclosure starts in the Providence metro area fell 18 percent in May compared with the same period last year and completed foreclosures dropped 30 percent, according to RealtyTrac. Lenders initiated foreclosure proceedings against 237 properties in the area – which includes Providence, Fall River and New Bedford – compared with 290 properties in…
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