Washington, D.C. Metropolitan Area Foreclosure Monitor - Fall 2010

Research Report

Washington, D.C. Metropolitan Area Foreclosure Monitor - Fall 2010

Abstract

The Washington, D.C. Metropolitan Area Foreclosure Monitor and its accompanying County Profiles are co-published quarterly by NeighborhoodInfo DC and the Metropolitan Washington Council of Governments.The Monitor gives a snapshot of the impact of foreclosures on the region, as well as broader sales market trends.Although 126,400 households were at least 30 days late on their mortgage payments or in foreclosure in September 2010, the regional foreclosure rate decreased 0.5 percentage points from a year ago to 2.3%. In the sales market, prices have stabilized in 2010, but the sales volume declined 15% in the past year to 4,900 sales.

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