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Thursday, August 15, 2013

275% Change In Foreclosure Rates In Maryland

While housing markets across the country are recovering from the deepest throes of the foreclosure crisis, others are just stumbling into it -- and they aren't exactly the places you'd expect.

States like Maryland, Oregon and New Jersey, which maintained relatively stable markets after the housing bubble popped, saw new foreclosure filings climb by double- and triple-digit percentages in July, according to RealtyTrac.

In Maryland, for example, new foreclosure filings skyrocketed 275% compared with a year earlier. When it came to overall foreclosure activity, including default notices, scheduled auctions and bank repossessions, the state had the second highest foreclosure rate in the nation, after default-riddled Florida. 
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4 comments:

  1. AnonymousAugust 15, 2013 at 10:41 PM

    If it wasn't for foreclosure notices lately the DTimes would be one page thick.

    ReplyDelete
  2. AnonymousAugust 16, 2013 at 12:32 AM

    People don't want to continue to live in Maryland. Their leaving.

    ReplyDelete
  3. AnonymousAugust 16, 2013 at 7:01 AM

    but we have jobs... just ask mom

    ReplyDelete
  4. citygoerAugust 17, 2013 at 8:25 AM

    Who said those states maintained their values during the housing bubble??? They were just as affected, just look at the values of some of the homes. Many midwestern states hardly had any value differences and have still maintained steady values and growth. Any of these states likely have a much stronger economy than MD, especially the shore.

    ReplyDelete

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