PROVIDENCE – Foreclosure filings in Rhode Island decreased 18 percent in the third quarter from the second quarter, but remained well above the pace of foreclosures during the same period last year, RealtyTrac said Thursday.
From July 1 to Sept. 30, there were 1,529 foreclosure filings on properties in the state, down from 1,867 in the previous three months of this year. Filings increased when compared to the third quarter last year when they stood at 1,209 filing, the California-based real estate tracking firm said.
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Compared with the same period last year, foreclosure filings increased during the third quarter for every Rhode Island county. Filings in Bristol County, Mass., were up 26 percent from a year ago.
For September, Rhode Island foreclosure filings were up by 3 percent from August and up 9 percent from September 2010.
In Bristol County, Mass., filings in September dropped 29 percent from August and 45 percent from September of last year.
