Data Spell Out Depth of Foreclosure Crisis in Prince George's

More than 4% of homes received notices last quarter in some towns, but Upper Marlboro figures fall slightly under that number.

Data from the second quarter of 2012 spell out the depth of the housing crisis across much of Prince George's County, with more than 4 percent of homes in some zip codes receiving foreclosure notices between April and June of this year.

The figures, published by Maryland’s Department of Labor, Licensing and Regulation and compiled into an interactive map by NeighborhoodInfo DC, show particularly high rates in a band running through the center of the county.

Hardest-hit is zip code 20747 (Forestville), where 4.95 percent of homes received a notice of intent to foreclose from a bank in Q2. Close behind it are zip code 20716 (Bowie) at 4.34 percent and zip code 20785 (Landover) at 4.11 percent.

Measured by amount to cure—or the median amount that loans are behind when a notice is received—zip code 20613 (Brandywine) tops the list at $7,044. Mount Rainier is also deeply affected, with a median cure amount of $6,053.

Upper Marlboro came in just under the 4% figure.

See below for a roundup of local figures, visit NeighborhoodInfo DC for an interactive map of the data, and check out the Urban Institute's MetroTrends Blog for more on foreclosures in Prince George's County.

Zip Code Total No. of Residences Pct. Receiving Notice Median Amt. to Cure Avg. Days Past Due 20744 (Upper Marlboro) 14,128 3.46% $6,614 57 20772 (Upper Marlboro) 14,617 3.61% $5,723 54


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »