Housing units per foreclosure filings (rate) - March

Maryland foreclosure activity increased annually in the first quarter for the seventh consecutive quarter, helping it to post the nation’s second highest state foreclosure rate: one in every 189 housing units with a foreclosure filing. A total of 12,589 Maryland housing units had a foreclosure filing during the quarter, down 1 percent from the previous quarter but still up 35 percent from the first quarter of 2013.

In March, Maryland had one in every 589 housing units with a foreclosure filing. The U.S. average in March was 1,121.