From the BBJ Sept 11, 2012 The number of Baltimore-area home sales started and completed in August 2012 increased by roughly 18 percent compared with the same month a year ago, the Baltimore Sun reported Monday. The average sales price in Baltimore City showed a 15 percent year-over-year jump, the greatest gain in the region,… read more →
Guess you can say he was “underwater”? Just kidding… From the Baltimore Business Journal by Joanna Sullivan, Editor Date: Monday, August 13, 2012, 10:54am EDT – Last Modified: Monday, August 13, 2012, 10:58am EDT HeidiKrauss.com The house at 967 Fell St. sold for $1.25 million — a bit less than the $1.42 million listing price,… read more →
By Steve Kilar, The Baltimore Sun 8:13 p.m. EDT, August 9, 2012 The rate of new foreclosure filings in Maryland far exceeded any other state’s this spring, a spike caused in large part by the national robo-signing legal settlement that unleashed a flood of new cases. Almost 20 in every 1,000 home loans in Maryland… read more →
Reprinted from the NAHB June 21, 2012 – New analysis of government data by the National Association of Home Builders (NAHB) reveals a connection between rising student loan debt and the onset of the housing slump, and offers yet another example of how lower home values have hurt millions of middle class households and threatens… read more →
The Mortgage Debt Relief Act of 2007 is set to retire at the end of the year. Bottom line: If Congress fails to extend the act, any home that faces foreclosure or sold via short sale, the lender would then be send the IRS a 1099 form stating the debt that was forgiven can be… read more →
Follow the link to view where Centennial (#111) River Hill (#668), Marriotts Ridge (#836), and Glenelg (#979) ranked in the top 1000 high schools in the nation. Poolesville made #1 (ranked (#81) in all of Maryland. From the Daily Beast – This year, our ranking highlights the best 1,000 public high schools in the nation—the… read more →
PRESS RELEASE From MAR For more information: 800-638-6425 www.mdrealtor.org IMMEDIATE RELEASE Contact: Debbie Hager Maryland Association of REALTORS 800-638-6425 debbie.hager@mdrealtor.org MARYLAND HOMEOWNER’S MORTGAGE INTEREST DEDUCTION IN JEOPARDY “In his recently introduced budget, Governor Martin has proposed to reduce the mortgage interest deduction for many Maryland homeowners,” according to Mary C. Antoun, Chief Executive Officer of… read more →
I recently conducted a scientific survey of THE EFFECT OF BRAC on REAL ESTATE in HOWARD COUNTY (Well, not really scientific. I spoke with some experienced agents and lenders in my office). Anyway, they pretty much confirmed what most of us have been asking: “What the heck is going on with BRAC in Howard County?” (BRAC –… read more →
National Summary Charts – The charts below show the 7-day and 90-day rolling averages for median list price, days on market, and inventory for the national composite–a snapshot of how, together, the luxury markets around the country are performing. Altos Research developed the Market Action Index (MAI) for an at-a-glance measurement… read more →
and Presents Home Buyer Clinics Wednesday, January 18 from 6:30 pm to 7:30 pm Where: Keller Williams Select Realtors – 3290 North Ridge Rd., S150, Ellicott City, MD 21043 Call (443) 250-0672 or Register Now For Our Home Buying Clinic. 10 minute private slots available now! Earn a chance to win an iPad when you… read more →