Foreclosures down nationally, but up in Maryland and DC

Foreclosures down nationally, but up in Maryland and DC

Foreclosure filings nationwide in August were down 2 percent from July and down 34 percent from a year ago. But Washington and Baltimore saw big jumps, according to Realty Trac.

Marylands foreclosure rate is the fourth highest of any state. The number of foreclosures there jumped 165 percent from a year ago. In the Baltimore metro area, foreclosure activity soared 252 percent from a year earlier. Washington area foreclosures were up 9 percent in that time.