Tagged: 21229

Scary Statistics: Three Years Later

I wrote the original post on Baltimore City’s foreclosure rate three years ago, and thought it would be interesting to revisit the topic and see what the data from the Maryland Department of Housing and Community Development looks like now.  You can download the full 2012 Q3 report from MDHCD here, but here are some sample highlights:

  • Due to the low level of foreclosures in the second half of 2011, foreclosures in Maryland increased 27.2 percent in 2012, the first year-over-year increase since 2010.
  • The number of new foreclosure filings increased by five percent in the third quarter, an increase of 31.3 percent over last year.
  • Maryland’s ranking in foreclosure rate dropped from 15th lowest to 16th lowest from 2011 to 2012, the lowest ranking in the region other than DC and West Virginia.  The national average foreclosure rate in 2012 Q3 was 40.4 per 10,000 households — Maryland’s was 17.5.
  • PG County had the most foreclosure filings in Maryland, with 1,295 filings, 31.2% of the total foreclosures filed in Maryland.
  • Baltimore City had the second highest number of foreclosures, with 616 filings, an increase of 21.6% over last year.
  • Baltimore City’s foreclosure sales declined by 16.4% over 2012 Q2, but were up 63.8% over 2011’s number.
  • Baltimore City also had an increase of lender purchases in 2012 Q3:  an increase of 19.1% over last year, and the second-highest number of lender purchases in the state.  Only PG County had a higher number.

Hot Spot Activity in Baltimore

16 areas in Baltimore City make up the city’s “Hot Spot”.  Mortgage activity in these areas are classified as “High”, “Very High” or “Severe”.  Activity in Baltimore City for 2012 Q3 breaks down as illustrated here:

  • Severe Foreclosures:  21223, 21202
  • Very High Foreclosures:  21205, 21206, 21217, 21216, 21213
  • High Foreclosures:  21215, 21214, 21231, 21229, 21218, 21230, 21225, 21207, 21224

Fire in Irvington

Three homes were ablaze in the Irvington neighborhood last Thursday night — two were vacant, one was occupied.  Among the fire companies summoned to the fire was Truck Company 10, one of the companies slated for closure, under the Mayor’s foolish budget cuts to public safety.

After surveying the damage the following day, I have to wonder if the people in the occupied home (a young couple with a new baby) would have been as lucky if less equipment and personnel had been there to fight the blaze.

The fire started in the middle home:

319 Yale Avenue

Property Address:  319 Yale Avenue, Baltimore, MD 21229

Property Owner:  Renaissance Investments, LLC, 2601 Garrison Boulevard, Baltimore, MD 21216 (Charter has been forfeited, company is not in good standing.)

Registered Agent for Renaissance Investments, LLC:  Joel Fried, 5160 Pooks Hill Road, Apartment 5, Bethesda, MD 20814

First floor interior, 319 Yale Avenue

Rear entry, 319 Yale Avenue

What used to be the porch, 319 Yale Avenue

 

234 S Collins Avenue

Property Address:  234 S Collins Avenue, Baltimore, MD 21229

Property Owner:  Harlem Park Revitalization Corporation, 1017 Edmonson Avenue, Baltimore, MD 21223 (Corporation is not in good standing, charter has been forfeited).

Registered Agent for Harlem Park Revitalization Corporation:  Barbara L. Bezdek, University of Maryland School of Law, 500 W Baltimore Street, Baltimore, MD 21201

City Council District and Contact:  District 8, Helen Holton

234 S Collins Avenue

 

BCFD Was Here: 3908 Old Frederick Road

Property Address:  3908 Old Frederick Road, Baltimore, MD 21229

Property Owner:  Paula Kipperman, 6324 Patuxent Quarter Road, Hanover, MD 21076

City Council District and Contact:  District 8, Helen Holton

3908 Old Frederick Road

Note the red X placard, placed on the home by the Baltimore City Fire Department to warn firefighters the home is structurally unsound.