Montgomery had the second-lowest rate in the state
by Gazette Staff
The rate of home foreclosure filings in Montgomery County last month plunged 39.9 percent from February and 44.8 percent from March 2011, according to data in a new report from RealtyTrac of Irvine, Calif.
The statewide rate in March also fell, although not as steeply: 3.7 percent and 28.1 percent, respectively.
With one foreclosure filing per 3,722 households, Montgomery had the second-lowest rate in the state. Only Garrett County in Western Maryland had a lower rate, although with a much smaller sampling size.
More here.
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