Baltimore foreclosures

Will There Be a Wave of Foreclosures in 2024?

July 24th, 2024

Will there be a wave of foreclosures in the last half of 2024? Most signs point to "No." The percentage of mortgages that are seriously delinquent, meaning three months or more behind on payments or in the foreclosure process, have been plummeting since 2022. For there to be a wave of foreclosures, the number of [...]

Maryland Foreclosure Rate Third Highest in US in 2017

January 23rd, 2018

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 2014

February 19th, 2014

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 Rate March 2012

May 7th, 2012

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 Expected to Rise

March 16th, 2012

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 [...]

Upbeat Housing Outlook 2012

January 19th, 2012

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, [...]

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