The Baltimore Sun
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Baltimore has most distressed home sales in nation, report says

Baltimore has most distressed home sales in nation, report says

Baltimore had the highest share of distressed home sales of any city in the country, according to a report out this week.

20.7 percent of homes sold in Baltimore, Towson and Columbia during the second quarter of 2018 were distressed, a greater portion than in any of 51 other metropolitan areas surveyed.

Philadelphia came in second, with 20.2 percent. In contrast, San Jose, Calif., had the lowest percentage, 2.8 percent.

Distressed sales are those that fall outside the normal real estate marketplace, said Daren Blomquist, of

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