6 Timberwood Ct in Hunt Valley Station is a four bedroom Faust built home located on a court with a level yard. *UPDATED JUNE 24, 2010, SETTLED.* The hardwood floors and ceramic tile are in fantastic condition, as is the carpet on the second floor and lower level. The kitchen has granite counters, and a [...]
Erickson Communities' new ownership is poised for growth as they take over this month. Redwood Capital Investments bought Erickson at auction in late December, and the closing happened this month. Erickson filed for bankruptcy late last year, which wiped out most of their debt, making them financially sound for the upcoming planned projects. The projects [...]
Baltimore has a new world record for the largest human smiley face to kick off the city's summer campaign: "Find Your Happy Place in Baltimore". On May 13, 2010, outside the Maryland Science Center, 261 people gathered in orange and black ponchos to create the big smiley face. The World Records Academy reported on the [...]
This Month in Real Estate May 2010 is here! April 30, 2010 marked the end of the Homebuyer Tax Credit. Though there was an small uptick in sales from qualified homebuyers, this does not truly mean the end of the spring market for sellers who are currently on the market or getting ready to go [...]
A recent statement by John Paulson of Paulson & Co, Inc. shows that housing prices are expected to rise 3-5% in 2010. CNBC published an article with quotes from the group's owner, who tracks home prices in California, and notes that what happens in the state tends to trend about six months later in the [...]
Baltimore home sales were up 35% in April over March's sales as well as over April 2009 sales. This a telling sign that buyers were looking to take advantage of the ending homebuyer tax credit, as well as hopefully previewing that the economy is beginning a recovery. The Baltimore Business Journal reported this on information [...]
The 135th running of the Preakness is Saturday May 15, 2010. This is one of the biggest horse races, part of the "triple crown" with the Kentucky Derby and Belmont Stakes in New York. The Preakness is run at Pimlico Race Track in Baltimore City. This race is a big one for the track and [...]
Many people do not understand what a short sale is or the process or the implications on a person's credit and/or taxes following a short sale. Below, I put together a few short sale questions and answers to help in understanding. 1. What is a Short Sale? A short sale is when a seller of [...]
Towson's Feet on the Street Block Party begins this Friday, May 14, 2010 from 6-9:30 pm in Downtown Towson. Running every Friday night through September 24, 2010, the block party should be a lot of fun! The Towson Feet on the Street parties are sponsored by the Towson Chamber of Commerce and Lite 101.9 FM [...]
An unfortunate new trend has developed across the US - that of "strategic defaults" - homeowners walking away from their mortgage obligations. 60 Minutes did a story on this disturbing trend on Sunday. Watch CBS News Videos Online Though I understand the thought and concern about the low prices in areas, but I don't understand [...]