Real Estate

New Foreclosure Filings in Maryland Highest in the U.S. during 2nd Quarter 2012

The recent National Delinquency Survey of the Mortgage Bankers Association’s (MBA) reveals that among the U.S. states, the rate of new foreclosure fillings in Maryland was the highest in the nation during the second quarter of 2012. Out of 1,000 home loans in Maryland, nearly 20 – double the national average – were drawn into …

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Maryland’s Home Prices Rise in June 2012

The recent housing statistics of the Maryland Association of Realtors (MAR) reveal that Maryland’s average home price, median home price and home sales went up in June this year. According to MAR, the average Maryland’s home price in June 2012 was $317,659, a 6.7% increase from last year’s $297,813 average home price. Maryland’s median home …

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