Prince George’s County officials unveiled a new foreclosure action plan aimed at speeding up the demolition process after knocking down nearly 50 houses and apartment complexes so far this fiscal year.
No county in Maryland was hit harder by the foreclosure crisis than Prince George’s. The median home sale in the county last year was $170,000, according to RealEstate Business Intelligence. That’s a slight improvement over $160,000 in 2011, but still only about half of what it was in 2006.
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