The Fed kept interest rates the same in their meeting March 20, 2024. This is a continued pause, and even with the pause, the Federal Reserve Chair still expects to see three rate cuts in 2024. Just not yet. Inflation is still above the central bank’s goal of 2%, which is why the Federal Reserve [...]
Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending March 17, 2024. Bright MLS currently covers seven states, so there is data for a number of areas. Starting on page 18 of the Bright MLS real estate report 03/17/2024, the Baltimore real [...]
Hunt Valley home sales in February 2024 were down from February 2023. The total volume of Hunt Valley homes sold in February 2024 was $3,309,200, down 54.58% from the $7,269,590 volume we saw in February 2023. It was uo, though from the $3,240,524 volume we saw in Hunt Valley Home Sales January 2024. The average [...]
Towson 21204 home sales in February 2024 were down significantly from February 2023. The total volume of Towson homes that sold in February 2024 was $2,754,799, down 52.35% from the $5,781,400 we saw in February 2023. It was also down from the $5,763,490 volume we saw in Towson 21204 Home Sales January 2024. Seven homes [...]
Baltimore Easter Events will be over a few weekends, with the holiday falling on Sunday, March 31, 2024. Here are a few Easter Egg Hunts and events in Baltimore! If you know of any others, please let me know, and I can add them to the list. SATURDAY, MARCH 16, 2024 COCKEYSVILLE 9-12pm [...]
The Baltimore home demand index for March 2024 is 80, up 13 points from last month, rising into the "slow" category from the Baltimore home demand index for February 2024 that was "limited" at 67. (Note that the index is one month behind, meaning the data for the March 2024 report is from February 2024.) [...]
Timonium home sales in February 2024 were up from February 2023. The total volume of Timonium houses that sold in February 2024 was $12,351,700, up 7.87% from the $11,450,700 volume we saw in February 2023. It was also up from the $9,478,300, volume we saw in Timonium Home Sales January 2024. The average sales price [...]
Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending March 10, 2024. There was no update for March 3, as the system apparently had technical issues, so no report was released. Bright MLS currently covers seven states, so there is data for [...]
Vacant land scams are unfortunately happening in this real estate market. What is a vacant land scam? Scammers are researching public records for vacant land (meaning no structure on them) and no mortgage or liens on the property. They research the owners to make sure to get as much information as possible to appear to [...]
Home design trends come and go, and each year there are trends that tend to be more popular than others. Thank you to Real Simple for their compilation. Here are a some of those trends I am seeing in the Baltimore real estate market: Green Paint. Designers have seen green more and more in design [...]