Close

Click this link to view video: Review Registry IT Technology Rebuttal to County Commissioners-December 8, 2021

Close

Proposal to Eliminate Registry IT Technology Department- A Disaster

IT Technology Study- A Flawed Process SIGN PETITION

Close

County Consultant Abrahams - Not an IT Security Expert

Close

Video About Rejecting Registry IT Technology Recommendations

  • Twitter
  • Facebook
  • Instagram
  • LinkedIn
  • YouTube

Norfolk County Registry of Deeds

William P. O'Donnell

Register of Deeds & Assistant Recorder of the Land Court

  • About
    • About the Registry of Deeds
    • Register William P. O'Donnell
    • A Message from the Register
  • Services
    • Obtain a Copy of Your Deed
    • Learn About Deed Scams
    • Homestead
    • Mortgage Discharge
    • Title Examiners and Legal Services
    • Fee Schedule
    • E-Filing Information
    • Consumer Notification Service
    • Genealogy
  • Support
    • Document Checklist
    • Publications
    • Registry Real Estate Statistics
    • Glossary of Terms
    • Frequently Asked Questions
    • Document Formatting Standards
    • Foreclosure Assistance, 1st Time Home Buyers and More
    • Mortgage Loans Information
  • Online Research
    • Begin Online Research
    • Introduction to Research
    • Advanced Research Guide
    • Application/Service Agreement
    • Search for YOUR Deed
  • External Resources
    • Norfolk County Assessors / GIS Links
    • Other MA Registries of Deeds
    • Norfolk County Communities
    • Norfolk County RSVP Volunteer Program
    • Government and other useful links
  • News and Events
    • News & Announcements
    • Upcoming Events
    • Sign Up for Registry News
    • Norfolk County Historical Photos
    • Notable Land Records
    • Norfolk County Food Pantries
    • Suits for Success
    • Toys for Tots
    • New Life Furniture Bank of MA
    • InnerCity Weightlifting
  • Contact Us
    • Hours, Directions & Parking
    • Obtain Copies of Documents
    • Public Records Request
News & Events
  • News & Announcements
  • Upcoming Events
  • Sign Up for Registry News
  • Norfolk County Historical Photos
  • Notable Land Records
  • Norfolk County Food Pantries
  • Suits for Success
  • Toys for Tots
  • New Life Furniture Bank of MA
  • InnerCity Weightlifting

Register O'Donnell Reports Increased Norfolk County Lending Activity

Posted 5/4/18

A modest increase in mortgage lending highlights April’s real estate activity in Norfolk County, according to Register of Deeds William P. O’Donnell.

 

“For the first time in several months, the county experienced an increase in mortgage financing. A total of 1,974 mortgages were recorded at the Registry, which is a 4% increase year over year. This is an indicator that consumers are perhaps beginning to feel more comfortable borrowing money for big ticket items such as real estate, home improvements and educational expenses,” noted the Register

 

Norfolk County also witnessed an increase in real estate sales during the same time period, totaling 1,378 real estate sales transactions for both residential and commercial sales, a 10% increase. Conversely, the average real estate sales price, again combining both residential and commercial sales, fell 12% to $880,613. Total gross dollar real estate volume was $730.9 million, a 6% decrease.

 

Register O’Donnell noted, “While real estate sales and mortgage financing data were somewhat encouraging, I nevertheless would like to see a few more months of numbers before I can state there has been a turnaround from the limited economic activity that has been taking place in the real estate sector. Additionally, the current lack of available real estate inventory is still a nagging problem, especially for first time potential homebuyers who are attempting to crack the market.”

 

Foreclosure activity was a mixed bag for the same time period. O’Donnell stated, “first the good news: there was a 47% decrease in the number of foreclosure deeds. The bad news: a total of 83 Notice to Foreclose Mortgage recordings, the first step in the foreclosure process, were filed resulting in a 73% increase.”

 

The Register noted that the Norfolk County Registry of Deeds continues to work with Quincy Community Action Programs, 617-479-8181 x376, and NeighborWorks Southern Mass, 508-587-0950 to help homeowners who have received a Notice to Foreclose Mortgage document. A third option is to contact the Massachusetts Attorney General’s Consumer Advocacy and Response Division (CARD) at 617-727-8400.

 

Norfolk County homeowners continued to take advantage of the protections offered through the Homestead Act. A total of 895 Homestead documents were recorded in April, a 5% increase year over year. “The Homestead law provides limited protection against the forced sale of an individual’s primary residence to satisfy unsecured debt up to $500,000. I urge Norfolk County residents to consider this consumer protection tool,” noted O’Donnell. 

 

In conclusion Register O’Donnell stated, “I was pleasantly surprised by the uptick seen in lending activity during April. Of course, one month does not make a trend, but the news is nevertheless encouraging. The total number of property sales was also encouraging too, but we correspondingly need to see an increase in real estate inventory, particularly for first-time homebuyers, before we will see a real breakout relative to real estate sales in the county.”

 

To learn more about these and other Registry of Deeds events and initiatives, like us at facebook.com/NorfolkDeeds or follow us on twitter.com/NorfolkDeeds and/or Instagram.com/NorfolkDeeds.

 

The Norfolk County Registry of Deeds is located at 649 High Street in Dedham.  The Registry is a resource for homeowners, title examiners, mortgage lenders, municipalities and others with a need for secure, accurate, accessible land record information.  All land record research information can be found on the Registry’s website www.norfolkdeeds.org.  Residents in need of assistance can contact the Registry of Deeds Customer Service Center via telephone at (781) 461-6101, or email us at registerodonnell@norfolkdeeds.org.

 

                 ################################################

  • deeds,
  • foreclosure,
  • Homestead,
  • mortgage,
  • Norfolk County Registry of Deeds,
  • Register of Deeds William P. O'Donnell
Norfolk Registry of Deeds
Register William P. O'Donnell
649 High Street
Dedham, MA 02026
  • Home
  • Contact Us
  • Americans with Disabilities Act Notice
  • Sign Up for Registry News
  • Twitter
  • Facebook
  • Instagram
  • LinkedIn
  • YouTube
© 2023 All rights reserved
Powered by Getfused