The Real Estate Wonk: A foreclosure snapshot -- Baltimore vs. Miami - Baltimore homes, apartments, real estate: Buying, selling, renting and housing news from reporter Jamie Smith Hopkins

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August 30, 2008

A foreclosure snapshot -- Baltimore vs. Miami

Here's what the foreclosure picture looks like in the area, according to First American CoreLogic:

The company says foreclosures account for 0.7 percent of all mortgages in June, significantly better than the national rate of 1.6 percent but still more than double the share of foreclosures a year earlier.

It's a good reminder, though, that this is hardly -- say -- Miami:

Posted by Jamie Smith Hopkins at 9:30 AM | Permalink | Comments (4)

Comments

What are the white patches? Colleges? Parks?

Posted by: Cheap Jim | August 31, 2008 6:37 PM

It looks to me like entire ZIP codes. Some aren't residential (Fort Meade, Aberdeen Proving Ground, etc.), but some are. I assume that "no data" means just that -- there may be homes and there may also be foreclosures, but the company has no figures.

Posted by: Jamie Smith Hopkins | August 31, 2008 7:05 PM

.7% is very good for this market. Miami's foreclosure rate is unbelievable. It must be directly correlated to the cost of property there.

Posted by: National Home Buyers Association | February 16, 2010 5:19 PM

NHBA-

This is from 2008. I wonder how the numbers compare today?

Posted by: Frank Rizzo | February 16, 2010 8:32 PM

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About Jamie Smith Hopkins

Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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