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Bankruptcy Reform May Have Exacerbated Foreclosure Crisis

By Kelly Wilson
Capital News Service
Wednesday, April 30, 2008

Foreclosure Numbers in Maryland By County, By Quarter

County

2005
Q1

2005
Q2

2005
Q3

2005
Q4

2006
Q1

2006
Q2

2006
Q3

2006
Q4

2007
Q1

2007
Q2

2007
Q3

2007
Q4

2008
Q1

Allegany

35

23

20

30

5

10

3

9

2

27

63

71

67

Anne Arundel

13

15

56

83

91

81

116

83

297

360

702

688

726

Baltimore

44

124

149

154

83

254

243

206

271

691

826

963

969

Baltimore City

600

474

751

384

177

104

43

51

128

521

1,317

1,383

1,626

Calvert

12

19

59

33

34

41

58

42

59

95

168

211

177

Caroline

5

5

1

3

3

4

4

1

0

17

47

60

73

Carroll

9

9

17

13

12

16

18

26

34

74

142

123

178

Cecil

6

4

3

5

1

2

4

3

9

17

136

125

142

Charles

28

50

73

61

59

109

106

85

137

195

440

399

401

Dorchester

6

6

6

4

3

3

1

2

0

9

34

41

62

Frederick

8

10

10

25

37

22

26

15

83

151

353

311

505

Garrett

1

3

2

6

7

0

0

0

0

2

9

24

37

Harford

9

13

16

12

16

12

3

1

7

202

278

285

317

Howard

2

4

6

16

34

49

71

68

107

116

218

232

329

Kent

1

2

1

6

0

1

2

0

1

5

13

21

21

Montgomery

16

47

62

70

87

49

48

33

245

717

1,009

1,310

1,642

Prince George’s

110

196

399

494

378

355

490

335

590

1,533

2,064

2,796

3,334

Queen Anne’s

0

0

3

0

0

0

0

0

0

8

33

53

73

Saint Mary’s

0

19

30

25

22

33

45

30

44

47

126

108

142

Somerset

9

5

2

2

4

1

0

1

0

1

22

54

31

Talbot

1

0

4

1

2

0

0

1

7

17

24

27

45

Washington

4

5

7

6

10

2

2

1

3

138

185

253

261

Wicomico

20

15

8

13

12

4

0

6

2

43

83

130

133

Worcester

3

11

7

2

4

1

2

4

5

17

48

67

102

STATE TOTALS

942

1,059

1,692

1,448

1,081

1,153

1,285

1,003

2,031

5,003

8,340

9,735

11,393

Table shows foreclosures in each of Maryland’s 23 counties and Baltimore City from the beginning of 2005.

SOURCE: RealtyTrac, which collects foreclosure data across the United States.

 

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Copyright © 2008 University of Maryland Philip Merrill College of Journalism

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