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Maryland foreclosure blues continue

Maryland led the nation in the rate of foreclosures in the first quarter of 2016, according to RealtyTrac.

The residential real estate data firm found that one in every 194 housing units in the state had a foreclosure filing. It was followed by New Jersey (one in every 216 units); Nevada (one in every 236 units); Delaware (one in every 240 units); and Florida (one in every 274 units).

The major culprit for Maryland’s place atop the foreclosure rankings is Baltimore. The city ranked third in the nation among cities with the highest foreclosure rate, with one in every 183 housing units with a foreclosure notice. It only trailed Atlantic City and Trenton, New Jersey.