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Maryland’s Foreclosures Rise in August 2012

While the nationwide foreclosure filings decreased in August 2012 compared to the previous year, Maryland’s foreclosure filings rose significantly, this according to RealtyTrac’s latest U.S. Foreclosure Market Report. RealtyTrac reported that in August this year, Maryland’s foreclosure filings rose by 54% compared to the previous year.

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Home Asking Prices Rise 2.3% in August Over a Year Ago, Trulia Reports

According to Trulia’s Price Monitor, asking prices of homes in August this year increased by 2.3% compared to the previous year. This was the biggest year-over-year increase since the U.S. recession, Trulia reported. Not including foreclosures, Trulia reported that asking prices increased nationwide by 3.8% compared to the previous year.

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One in Four U.S. Home Sales in 2Q 2012 are Foreclosure-Related Sales

According to RealtyTrac, foreclosure-related sales accounted for 23% of all U.S. residential sales during the second quarter of this year. RealtyTrac, which monitors foreclosed properties, reported that the foreclosure-related sales in the second quarter of 2012 climbed up from the 22% in the first quarter of this year and up by 19% from the same

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