Maryland's property foreclosure rate continues to climb. It jumped 13.4% in the fourth quarter of 2009. That is high than the 3rd quarter. There were over 16,000 foreclosure filings between October 2009 - December 2009 that include default notices, foreclosure sales and bank owned properties.
This is 67.4% higher over the same period in 2008. Currently, Maryland has the 10th highest foreclosure rate in the county.
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