Foreclosures Drop Dramatically in Wilmington, Across The State

Numbers are a positive economic indicator.

The latest indication that the local economy is on the upswing is a significant drop in foreclosures. According to information published by the Warren Group, Massachusetts foreclosures saw a dramatic drop in Janaury. There were double-digit decreases in both starts and completed foreclosures. The Warren Group is the publisher of Banker & Tradesman. The number of foreclosure petitions in Massachusetts dropped from 1,333 in January 2012 to 940 in January 2013, a drop of almost 30 percent. In Wilmington, there were just three foreclosure petitions and just one foreclosure deed in January 2013, a drop of 50 percent from January 2012. "We're finally seeing a clear picture of the trend in foreclosures - and it is good news," said Timothy M. …

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Modernizing Workforce Development Programs to Help Workers and Businesses

Congressman John Tierney talks about legislation he recently introduced.

Sunrise Bagels Moving to Wilmington

The bagel shop plans to move in May.

Sunrise Bagels is planning to move to Wilmington in May. According to owner Larry Cutts, they are closing their North Reading location and will not be a bagel shop when they open in Wilmington. The new shop will be open at 355 Middlesex Ave. in Wilmington. The Wilmington Selectmen voted to approve a common victualer license for the restaurant last week. Sunrise Bagels has been in North Reading for 22 years, and they were the only bagel shop around when they opened, Cutts said. "We hope a lot of our existing customers will make their way over," he said. They plan to change the menu up a bit in the new location, especially the breakfast menu, Cutts said. "We are not going to be a bagel shop, that’s not what we are looking at," he told Patch…

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