« “I’ve Told Them to STOP ALL Investing In Maryland, For Now…” | Home | “George Bush’s America…” »
“Foreclosures Spike 42% in Maryland…!”
By Sherman Ragland | May 14, 2008
Foreclosures in Maryland soared 42% last month.
Foreclosures in Maryland jumped 42 percent in April from the month before to 6,052. Virginia foreclosures increased 6 percent to 5,227, and in D.C. foreclosures dropped 8 percent to 283.
That compares to a national increase of 4 percent, according to Irvine, Calif.-based RealtyTrac Inc.
Of the three jurisdictions, Maryland had the highest rate of default: one out of every 380 households. One out of every 618 households in Virginia were in foreclosure. The rate in the District was one of every 1,000 households.
Nationwide, there were 243,353 foreclosures last month, one out of every 519 households. California (64,683) and Florida (35,264) ranked one and two in the number of foreclosures, accounting for almost 100,000 of the nation’s total.
Click Here Now for -> More Information on the 2008 Maryland Foreclosure Summit www.Maryland ForeclosureSummit.com
Popularity: 6% [?]
Topics: Uncategorized | No Comments »
Tags: foreclosure, jurisdictions, marylandforeclosuresummit.com, maryland foreclosures, realtytrac, virginia foreclosures
Comments
You must be logged in to post a comment.