Monthly Archives: January 2010

FHA Announces Major Changes in Loan Fees

January 20th, 2010

The FHA mortgage, a very popular loan option for buyers, has announced the likelihood of higher fees for borrowers wishing to utilize the government backed loans to buy houses. The Wall Street Journal broke the news late last night in their article about the FHA fees increasing. Thank you to Dan Plunkett of Prosperity Mortgage [...]

New Baltimore County Recycling Begins February 1, 2010

January 19th, 2010

On December 10, 2009, I announced the new Baltimore County Single Stream Recycling being implemented on February 1, 2010. Well, here we are in late January, and it is coming very soon! Here are the details -- it's SO easy -- now everyone in Baltimore County can recycle without having to think too much about [...]

Cockeysville and Hunt Valley Home Sales Statistics Year 2009

January 18th, 2010

Cockeysville and Hunt Valley home sales in 2009 statistically were very stable. There were consistently over 100 houses on the market for sale in Hunt Valley. December 2009 was a slow month with only 4 houses going under contract, but other months on average 10-16 did. That same average applies for properties that settled. From [...]

Realtor.com iPhone App Review from Real Estate Agent Perspective

January 15th, 2010

REALTOR.com debuted its new iPhone app yesterday, a search-for-homes app for the consumer. Though it has its good functions, there are others out there which serve the public very well in their home search capabilities. I wanted to research and review the top ones for buyers and sellers to use when out looking at neighborhoods. [...]

21204 Towson Home Sale Statistics 2009 Year In Review

January 14th, 2010

Reviewing the 21204 zip code sales, contracts and listings for December of '08-December of '09, there are many interesting variations throughout the year. The good part for the owners of Towson homes in the $500,000 and higher range, is that finally these seem to be selling! 11 properties in December went under contract [...]

Baltimore County Savings Bank Sells Four Branches to American Bank

January 13th, 2010

Baltimore County Savings Bank (BCSB) is selling four of its branches to Rockville-based American Bank, per the Baltimore Business Journal on January 12, 2010. Two branches being sold are in Baltimore County -- Owings Mills & Catonsville, one in Baltimore City in Hamilton (including the building and property where it is located), and one in Howard [...]

Update on Questions on Homebuyer Tax Credit for Married Couples

January 11th, 2010

When the Homebuyer Tax Credit was extended to include long-time homeowners buying new houses and getting a $6,500 credit, a whole new group of questions came into play. Unfortunately for a few clients of mine (and I am sure many others out there), the answers were not what they were hoping. One person owns a [...]

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