John R. Buckley Jr.

"Plymouth County's real estate activity numbers are mostly positive as we come in the middle of summer," reported Register of Deeds John R. Buckley, Jr. In July, there were 968 sales, compared to 1,064 last July. a decrease of 9%. For the first time this year, Plymouth County saw fewer actions in one month than in 2020. Total sales so far this year, 5,949, is still 16% more than total sales at that time last year. Says Register Buckley, "Despite the good report, low inventory levels and fluctuations in mortgage rates are affecting our numbers." The average sales price of properties sold in Plymouth County this year is $ 537,074, compared to $ 462,302 at the time last year. This corresponds to an increase of 16%.

The mortgage numbers for 2021 are well ahead of the mortgage numbers for 2020. The numbers since the beginning of the year show an increase of 29%. By the end of July, Plymouth County had 22,740 mortgages compared to the 17,596 mortgages recorded at that time last year. Also, for the first time this year, Plymouth County had fewer mortgages in a month than in 2020. "We had 2,619 mortgages this July, compared to 3,079 last July. This represents a 15% decrease in Plymouth County's mortgage loans. The decline in mortgage activity may be a sign that refinancing is slowing, but time will tell, "commented Register Buckley.

38 foreclosure documents have been registered since the beginning of the year, 8 of them in July. As of July 2020, 131 foreclosure deeds had been registered, most of which were pre-pandemic. This corresponds to a 71% decrease in registered foreclosure titles. With the expiry of the moratorium, the number of foreclosures is likely to increase in the coming months.

8 new foreclosure initiation notices were recorded in July, compared to one notification recorded in July 2020. 98 foreclosure notifications have been recorded so far this year, compared to the 204 foreclosure notifications recorded as of July 2020. This equates to a 52% decrease in these recordings. As mentioned earlier, when the moratorium expires, we expect the number of foreclosure notices to increase.

As part of our ongoing effort to bring some of America's oldest records to the public, we are enclosing a copy of a 1639 Plymouth Colony court order for the city of Sandwich that gives us an insight into some of the problems of the early days of our days Country and the strength of the church at that time. "It is… resolved and agreed by both the committees and the residents of Sandwich that in order to redress the negligence of the committees in admitting many residents to the city who are unsuitable for ecclesiastical society & for the provision of similar ones In the ensuing period, orders will be issued that no one should be allowed into town … without the consent and consent of … which the Church first had and received. "Plymouth Colony Records, Court Orders, Vol. 1, p. 215. The records show how closely church and state were intertwined in the 17th century.

With regards to the Plymouth Colony records, we recently released a virtual tour of these historical records which can now be viewed on the registry's website. Finally, we thank you for your patience and cooperation in dealing with the Covid19 pandemic. Please note that in accordance with CDC guidelines, the registry obliges all persons to wear a mask when entering the building until further notice.

To receive a copy of our monthly report by email, please contact the Assistant Register of Deeds Timothy H. White at white@plymouthdeeds.org.

Foreclosures and payment orders, July 2021.Deeds and unitary deeds, including those under $ 100, from January to July 2021.Sandwich church town.

Real estate activities until July 2021

Compared to the same period in 2020

All numbers are based on sales or mortgages between $ 25,000.00 and $ 3,000,000.

Sales volume in 2021: 5,949

Sales volume 2020: 5,139

(16% increase)

Total 2020 Sales Value: $ 3,195,053,751

Total 2020 Sales Value: $ 2,375,770,096

(34% increase)

Median retail price in 2021: $ 537,074

Average 2020 Retail Price: $ 462,302

(16% increase)

Mortgage volume 2021: 22,740

Mortgage volume 2020: 17,596

(29% increase)

Average Mortgage Amount in 2021: $ 344,376

Average Mortgage Amount 2020: $ 331,755

(4% increase)

Foreclosure deeds 2021: 38

Foreclosure deeds 2020: 131

(71% decrease)

Foreclosure notices 2021: 98

Foreclosure notices 2020: 203

(52% decrease)

source https://seapointrealtors.com/2021/08/10/overall-solid-numbers-for-the-summer-market/

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