10 States Where Distressed Homes Will Be Flooding The Market For Years
According to the latest real estate market report from CoreLogic. 10 States are faced with a backlog of distressed homes. While home prices are rising in some places and stabilizing in others. There’s plenty of supply of distressed homes in Maryland. If you are looking for a Foreclosure, Short Sale or a Bank Owned Home in Maryland, Baltimore or Harford County. Contact Robert B. McArtor with Long and Foster Real Estate, Inc. today! Unfortunately, with the supply of distressed homes out there, it will certainly keep prices depressed in the marketplace for years to come.
#1 - Mississippi with a supply of Distressed Homes of 70.6 Months
#2 - New Jersey with a supply of Distressed Homes of 46.1 Months
#3 - Illinois with a supply of Distressed Homes of 36.2 Months
#4 - Maine with a supply of Distressed Homes of 35.7 Months
#5 - Washington D.C. with a supply of Distressed Homes of 32.4 Months
#6 - Georgia with a supply of Distressed Homes of 31.2 Months
#7 - New York with a supply of Distressed Homes of 30.3 Months
#8 - Indiana with a supply of Distressed Homes of 29 Months
#9 - Minnesota with a supply of Distressed Homes of 27.2 Months
#10 - Maryland with a supply of Distressed Homes of 25.5 Months
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