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

Highlights

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

Abstract

The Washington, D.C. Metropolitan Area Foreclosure Monitor is a quarterly publication co-published 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. Almost 149,000 households were at least 30 days late on their mortgage payments, with almost one-quarter of those already in foreclosure. While foreclosures remain a serious problem, the sales market showed signs of improvement by December 2009. The sales volume was up from the year before, and the median sales price rose 6.6% in one year to $315,000.

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