Are there going to be a bunch of foreclosures coming on the market at the end of 2023? Though foreclosure numbers were up heading into the fall, they are still below pre-pandemic numbers, and a good portion of them may be from the pandemic time frame, where foreclosure filings are still catching up. ATTOM, which [...]
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 [...]
Baltimore Foreclosures for the beginning of 2014 were up, and in a big way. RealtyTrac, a company that tracks foreclosures across the US, reported that Baltimore foreclosures were up 119% over January 2013. According to an article in the Baltimore Business Journal, Baltimore foreclosures were not the only ones on the rise on the East [...]
Baltimore foreclosure rates were up in March 2012 versus the same period last year, according to an article by Inman News. The foreclosure rate for the Baltimore-Towson area was at 3.8%, 8th highest in the select markets used in the article. This is an increase of .60% from March 2012. There were 1,262 completed foreclosures [...]
Baltimore foreclosure rates are expected to rise after 698 homes were filed upon in February. This is a 32.5% increase over January and a 41% increase over February of last year. The State of Maryland accounted for 1,606 foreclosure filings last month, according to an article in the Baltimore Business Journal, based on numbers from [...]
USA Today reports that economists, banking and building executives are thinking optimistically of the real estate market in the coming year, and that the housing industry may be finally close to hitting the bottom. The article does clarify, though, that prices are still expected to drop in many areas, but there should be more home sales, [...]