Scary Statistics: Three Years Later

I wrote the original post on Baltimore City’s foreclosure rate three years ago, and thought it would be interesting to revisit the topic and see what the data from the Maryland Department of Housing and Community Development looks like now.  You can download the full 2012 Q3 report from MDHCD here, but here are some […]

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New Report on Collateral Damage from Foreclosures

The Center for Responsible Lending has issued a new report on equity loss by homeowners who live in close proximity to foreclosed homes — this is a must-read if you want to better understand why your home is suddenly worth less than you paid (besides the fact that you perhaps overpaid). Some highlights from the […]

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Link Roundup

If you haven’t been reading the “Living Apart” series on ProPublica, you’re really missing out.  The series is about fair housing in the US, and how things went terribly wrong, despite the best intentions of lawmakers on both sides of the fence.  You can read Part 1 here, and Part 2 here. Baltimore City demolished […]

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Scary Statistics: Baltimore City Foreclosures 3rd Quarter 2009

From the Maryland Department of Housing and Community Development: Baltimore City saw 1,656 foreclosures in the 3rd quarter of 2009, that’s a jump of 118% over the 2nd quarter in 2009, and an 87.7% increase over the 3rd quarter in 2008. Baltimore City had over 850 foreclosure sales in the 3rd quarter of 2009, which […]

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Maryland Homestead Tax Fraud and Other News

We often wondered how many of our city’s non-resident property owners were taking the Maryland Homestead Tax Credit and claiming their property as “owner-occupied”.  We figured there had to be a few tax cheats out there, right? There were more than a few.  One of our readers found 384 of them, in fact.  Out of […]

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After the Ground Rent Series, What Happened To…?

You may remember the Baltimore Sun’s Ground Rent Series from 2006, in which Sun reporters chronicled the evictions of Baltimore residents from their homes for their failure to pay their ground rent payments.  If you’re not familiar with ground rent, and you’re a Baltimore homeowner — beware.  You might own your home, but not the […]

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