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 [...]
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 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 [...]