Maryland’s foreclosure rate was the third highest in the US in 2017.
Foreclosure proceedings were initiated on 11,930 homes in Maryland in 2017. The highest concentration of those foreclosure filings were in Prince George, Baltimore County and Baltimore City. There were 9,877 foreclosure auctions scheduled for 2017 in Maryland.
The good news is that foreclosures in general were down across the US in 2017, including in Maryland. The 11,930 number of homes with foreclosure filings is lower than the 14,895 in 2016.
See more in a Patch article about the foreclosure rate in Maryland.
I hope the number of foreclosure filings continue to drop in Maryland and across the US!
For more information about your Baltimore County house value, please contact me!