The Top Struggling Markets in Foreclosures

Top 10 Struggling Cities:

AOL writers, Laura Goldstein and Stefanos Chen state, “The housing crisis that began half a decade ago is the cause of most of the foreclosures, even today. The bubble did not burst at the same time across the country. Many of the cities on this list were among the first to be hit. Eight out of the 10 metropolitan areas listed reached a peak median home value in the first quarter of 2006, after which they started declining. Most regions peaked toward the end of 2006, into 2007. This means the regions listed here have been declining longer than the rest of the country.”

Look for my next article on the Top 10 Healthiest Cities by Builderonline.com.

 

 

Quarterly increase in foreclosures: +151%.   # of Foreclosures Q3 2011: 1,358.   Unemployment: 6.9%.   % home value down from peak: -14.9%

 Quarterly increase in foreclosures: +67%.   # of Foreclosures Q3 2011: 2,003.   Unemployment: 6.6%.   % home value down from peak: -15.8%

Quarterly increase in foreclosures: +57%.   # of Foreclosures Q3 2011: 1,673.   Unemployment: 11%.   % home value down from peak: -51.4%

Quarterly increase in foreclosures: +55%.   # of Foreclosures Q3 2011: 1,956.   Unemployment: 8.7%.   % home value down from peak: -15.9%

Quarterly increase in foreclosures: +49%.   # of Foreclosures Q3 2011: 2,559.   Unemployment: 9.5%.   % home value down from peak: -39.3%

Quarterly increase in foreclosures: +44%.   # of Foreclosures Q3 2011: 1,039.   Unemployment: 11.6%.   % home value down from peak: -53.4%

Quarterly increase in foreclosures: +41%.   # of Foreclosures Q3 2011: 2,174.   Unemployment: 14.9%.   % home value down from peak: -54%

Quarterly increase in foreclosures: +36%.   # of Foreclosures Q3 2011: 1,348.   Unemployment: 11%.   % home value down from peak: -59.1%

Quarterly increase in foreclosures: +35%.   # of Foreclosures Q3 2011: 1,743   Unemployment: 11.2%.   % home value down from peak: -59.3%

Quarterly increase in foreclosures: +32%. # of Foreclosures Q3 2011: 2,273.    Unemployment: 7.6%.    % home value down from peak: -12.42%

SEARCH FOR FORECLOSURES IN MARYLAND HERE. Look in Howard County, Carroll, County, Baltimore County, Harford County, Anne Arundel County, Prince Georges County and Baltimore City. At the top of the Search Page, adjust the search parameters to Foreclosures.

About Chris Weymouth & The Weymouth Group, LLC and the TheMDRealEstateBlog.com: Your number one source for Maryland Real Estate Blogs, News, Videos, and more!

Chris Weymouth, Director, Certified Luxury Home Marketing Specialist, CLHMS and Debbie Weymouth, Manager, have marketed and sold over 4000 homes in Maryland since 1983. Expertly trained and award winning agents, they are leaders for The Weymouth Group at Keller Williams that has been recognized by their peers as one of the best in the business. Chris Weymouth is ranked in the top 1% at Keller Williams Select Realtors, top 1% in Howard County and Maryland among Realtors. Serving Central Maryland and all our friends and family for almost 60 years.  Need a Luxury Home Marketing and Buyer Specialist in Howard County (Ellicott City, Woodstock, Clarksville, Marriottsville, Fulton, Laurel, West Friendship, Glenelg, Columbia, Elkridge, Dayton, Mt. Airy, Woodbine and more), Carroll County (Elkridge & Sykesville), Baltimore County  (Catonsville, Woodstock, Owings Mills, Pikesville and Reisterstown), Anne Arundel County (Pasadena, Severna Park, Hanover, Severn, Glen Burnie, Annapolis and Odenton), Prince Georges County (Bowie & Laurel), Montgomery County (Silver Spring, Olney, Bethesda and Sandy Spring) or Harford County? We Know This Market! We also have special programs for 1st Time Home Buyers. Call Chris at 443-280-1922 or email at chrisweymouth@kw.com.

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