Interesting article that came out from the Baltimore Sun. Bank of America has agreed to pay over $8.5 BILLION in bad loans. As a result, B of A stocks went up 4% fueling speculation that the bad days are now behind them. “Citi analyst Keith Horowitz said the settlement, which amounts to only 2 percent… read more →
Denise Grove FOR IMMEDIATE RELEASE May 26, 2011 Real Estate News Denise Grove Joins The Weymouth Group Chris Weymouth is proud to announce that Denise Grove of Keller Williams Select Realtors has joined The Weymouth Group at Keller Williams. “The moment that we met Denise, we knew that she was a perfect match for us. Her… read more →
It’s no secret that the home buying process can be complicated, stressful, and frustrating. Without a general knowledge of how things work, the process can be daunting even discouraging to the first-time home buyer. I am here to make sure that doesn’t happen. As the old saying goes, “Knowledge is Power”, and in the real… read more →
Where and how to invest your money is always a big decision, especially in an unpredictable economy. Investment properties are considered by some experts as a “solid” investment when approached correctly. However, to many first-time investors, putting your savings into real estate can be intimidating. Let’s take a look at some things you should consider before investing… read more →
Beltway Title used funds meant for real estate settlements on business expenses, state says By Jamie Smith Hopkins, The Baltimore Sun 6:43 p.m. EST, February 9, 2011 Maryland regulators said Wednesday that they have suspended the license of a Crofton-based title company after learning that more than $1 million meant to be held aside for… read more →
If you are currently renting in the Baltimore/Washington regions, then buying home home now would make sense. Trulia just released a very good article on Renting vs Buying. “Although owning a home is relatively more affordable in most cities, market conditions have caused an interesting demographic swap between traditional renters and buyers,” said Tara-Nicholle Nelson, Consumer… read more →
Want to know what is going on in your neck of the woods? Interested in the local sales activity and what new listings have come on the market near you? We can help! Let The Weymouth Group send you a MARKET SNAPSHOT that provides the details and facts you are craving for. Keep up to date on market… read more →
Lawrence Yun (video feed), NAR Chief Economist explains, “In the past two years, home buyers have been very successful, with super-low loan default rates, partly because of stable home prices during that time. That trend is likely to continue in 2011 as long as there is sufficient demand to absorb inventory,” Yun said. “The latest pending… read more →
According to the National Association of Realtors, pending homes sales have risen for a fifth time over the past six months. “The Pending Home Sales Index, a forward-looking indicator, increased 2.0 percent to 93.7 based on contracts signed in December from a downwardly revised 91.9 in November. The index is 4.2 percent below the 97.8… read more →
News Feed from the Baltimore Sun, the HOUSINGWIRE and FDL: Here is the article from the Baltimore Sun. In a nutshell, foreclosure paperwork was “robo signed” which in turn ignited a class action suit against GMAC. This does not mean that GMAC is dropping the foreclosure process, but re-evaluating these cases which in turn gives a second… read more →