PROVIDENCE – There was a 10 percent increase in the number of residential foreclosure deeds filed in Rhode Island in 2014 compared with 2013, according to a report from HousingWorks RI at Roger Williams University, which studied residential foreclosures in each of the state’s 39 cities and towns.
In 2014, there were 1,645 residential foreclosure deeds filed, compared with 1,500 in 2013.
There were 398 foreclosure deeds in the fourth quarter, compared with 305 during the prior year period, a 30 percent increase.
The report said 22 municipalities reported increases in foreclosure deeds in 2014 compared with 2013, while 12 municipalities and the East Side of Providence experienced declines, and five had no changes.
East Bay communities Barrington, Bristol and Warren had the greatest increases, experiencing an overall 96 percent rise in residential foreclosure deeds year over year. The report said that Warren alone had a 157 percent increase in residential foreclosures, with 18 foreclosures last year compared with seven in 2013.
