Some reports on Massachusetts. " Sales of Massachusetts single-family homes and condominiums fell again in May compared to the prior-year period, according to a report released today by The Warren Group of Boston."

"Single-family home sales fell 5.1 percent, with 5,208 units moving during May 2006 compared to 5,488 in May 2005. The median sale price fell 4.0 percent to $331,000. Condo sales fell 7.75 percent in May, with unit sales dropping to 3,037 from 3,292 the previous year."

"'Economic conditions in the Commonwealth remain a concern with no growth in the state's population,' said Breimyer, the past president of the New England Economic Partnership. 'This suggests continuing difficulties in local housing markets.'"

"A provider of foreclosure data said today that May foreclosure filings against Massachusetts homeowners have more than doubled, a trend that is accelerating as the housing market slows and mortgage rates increase."

"There were 1,613 filings last month, compared with 788 in May 2005. 'That's over 50 a day every day of the month,' said Derek Beckwith, spokesman."

"'We expected foreclosure rates to increase again this year, but the levels we are tracking outdistance our earlier predictions,' said Jeremy Shapiro, president and co-founder. 'We may be witnessing a 'perfect storm' scenario where a flat real estate market, higher interest rates, rising energy costs and specialty loans are causing significant difficulty for thousands of Massachusetts property owner.'"