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Thursday, September 28, 2017

A Viewer Writes: Foreclosures

10 foreclosures sold in Sept. bringing it down to less than 10% on the market.
 
 
 date        for sale                   foreclosure                 foreclosures
                wicomico              %                     #
 
9/26         372                          9.70%                     36
9/18         376                          12.20%                   46
9/11         374                          12.30%                   46
9/5           362                          11.90%                   43
8/28         362                          11.90%                   43
8/23         352                          10.80%                   38
8/14         352                          11.30%                   40
8/7           365                          11.40%                   42
7/31         365                          12.60%                   46
7/24         375                          10.70%                   40
7/17         368                          11.40%                   42
7/3           363                          11.30%                   41
6/26         364                          11.50%                   42
6/19         356                          11.20%                   40
6/12         372                          12.60%                   47
6/5           366                          13.10%                   48
5/30         370                          12.70%                   47
5/1           363                          14.90%                   54
4/24         366                          13.70%                   50
4/17         370                          14.60%                   54
4/10         361                          13.90%                   50
4/3           361                          13.90%                   50
3/27         382                          13.60%                   52
3/20         382                          13.40%                   51
3/13         396                          13.40%                   53
3/6           409                          14.20%                   58
2/28         405                          15.80%                   64
2/13         402                          15.20%                   61
2/6           395                          13.70%                   54
1/24          389                           13.80%                    54

8 comments:

Anonymous said...

For high tax states like Maryland, California, New York and New Jersey, the foreclosure rate will only get worse! Lets see how many people walk away from their mortgages when you can no longer write off the interest or state property taxes on your federal income tax forms! I see an even higher exodus from the high tax democratic states in the near future.

Anonymous said...

Ocean City's foreclosure rate is 3%.
I think our city leader be lying to us about the economic state of the county

Anonymous said...

We still be in the top 5 nationwide

Top 5 States
New Jersey - 1 in every 623
Delaware - 1 in every 870
Illinois - 1 in every 1030
Maryland - 1 in every 1065
Florida - 1 in every 1093

Anonymous said...

The economy sucks on the shore. A half acre waterfront lot two streets over from me just sold for 6.5 million dollars. Guess where? FL.

Anonymous said...

Ocean City is a municipality. These are county wide statistics. I'm sure if you took all of Worcester County, that number would be much higher...but don't let understanding geography stop you from commenting...

Anonymous said...

1:35 PM it was a reference. And 99% of the homes listed in foreclosure are in Salisbury, but don't let facts and comparisons get in your way either.

Anonymous said...

4:53...where did you get your 99% number? You really think that many are only in Salisbury? A simple google search yielded these numbers
Population of Wicomico County: 102,330
Population of Salisbury, MD: 33,114

So only 32% of the people in Wicomico County live in Salisbury. But you think they are responsible for 99% of foreclosures? Of course, these numbers don't fit your anti-Salisbury narrative, so I'm sure you will just ignore them.

Anonymous said...

It's only going to get worse. No good paying jobs, high taxes cause Maryland is greedy and the crime rate is just outrageous. More people will be walking away and moving on from their homes to get to a better place in life. Just so sad that Maryland doesn't care and just taxes their hard working residents as much as they can. S H A M E on you Maryland, greedy.