Maryland foreclosure

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 [...]

Two Week Foreclosure Freeze

December 15th, 2010

Fannie Mae and Freddie Mac are freezing foreclosure proceedings on homes from December 20, 2010-January 3, 2011 in an attempt to join in the holiday spirit for those who will lose their homes. What they will prevent is people being evicted from their homes during this time period, hopefully allowing families to spend one last [...]

Maryland Foreclosures in October 2010 Down 52%

November 12th, 2010

Foreclosures in Maryland were down 52.4% in October 2010 from the same time last year. This is a welcome statistic in the Baltimore real estate market! According to the Baltimore Business Journal article, One in every 736 homes in Maryland faced a foreclosure filing in October, down from one out of every 348 homes this [...]

Baltimore Foreclosures Up in Third Quarter of 2010

November 1st, 2010

Baltimore foreclosures were up in the third quarter of 2010, up 94% from the second quarter. RealtyTrac, a site that reports on foreclosure filings and trends across the US, says that 5,753 Baltimore area homes received a foreclosure filing, which is up 460% (yes, that is four hundred sixty PERCENT) over the same time last [...]

This Month in Real Estate September 2010

August 30th, 2010

This Month in Real Estate September 2010 is here early! September's video discusses foreclosures, and how California, Florida, and Arizona topped the list in most foreclosures per state. Maryland foreclosures too are at an all time high, as I discussed in both July & August, up 56.2% in the first half of 2010, and 10th [...]

Maryland Foreclosures Up in July 2010

August 15th, 2010

Maryland foreclosures were up in July 2010, an increase even over June, which was up 104%. There were 6,961 foreclosure filings in July, up from 6,304 in June. The first half of 2010, Maryland foreclosures were up 56.2% over this same time last year. Maryland increased 10.4% over June, while nationwide, foreclosure filings were up [...]

Maryland Foreclosures Up in June 2010

July 21st, 2010

Maryland foreclosures were up in June 2010 as well as the whole first half of the year. There were 6,304 foreclosures filed in Maryland last month. This is up 104% from last year in the same month. This is an interesting statistic, considering that across the US, foreclosure filings were down 7%. The entire first [...]

Foreclosures in Maryland Rose in February

March 11th, 2010

Foreclosures in Maryland rose above the national average in February, with a total of 5,732 according to the Baltimore Business Journal. This was a 9% increase over January, and an 80% increase (yes eighty percent) over February 2009. In Maryland, one in every 407 houses was in foreclosure in February. The national average was one [...]

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