Monday, December 8, 2014

Foreclosures in Annapolis, MD

The Baltimore Metro Area housing market had its highest year-over-year increase in closed sales since last fall, increasing 13.1 percent. Every jurisdiction in the region had more closed sales than in last October, with the largest increases in Baltimore City (+21.2 percent) and Carroll County (+21.1 percent). New pending contracts for the region also increased from last year, rising 16.6 percent. Bank-owned (REO) properties played a role in this growth as new contracts for REO listings more than doubled compared to last October. The median sales price for the region was virtually unchanged, rising only 0.3 percent, though pricing for non-distressed properties rose 4.3 percent. The number of active listings increased 20.9 percent, bringing inventory to 70.8 percent of its peak-level. New listings contributed to these gains, rising 11.7 percent from last year. 

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Foreclosures in Annapolis

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