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Foreclosures continue to plague Prince George's

Published 12/19/09

WASHINGTON - Four homes in pre-foreclosure, two bank-owned properties and one house up for auction in an eight-block stretch of 49th Street, Hyattsville, highlight the lingering effects of predatory lending and questionable decisions by homebuyers in Prince George's County.

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More than 30 percent of Maryland's foreclosures are in Prince George's County despite the county containing just 10 percent of the state's total housing stock, according to information from RealtyTrac, a private company that records those figures.

Montgomery County and Baltimore City, the next two jurisdictions on the list, by comparison, have...

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