Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending February 11, 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 02/11/2024, the Baltimore real [...]
The Baltimore home demand index for February 2024 is 67, up 12 points from last month, remaining in the "limited" category from the Baltimore home demand index for January 2024 that was "limited" at 55. (Note that the index is one month behind, meaning the data for the February 2024 report is from January 2024.) [...]
A report by the National Association of REALTORS says that 81% of REALTORS agree that staged houses help buyers visualize them as homes. REALTORS have also found that homes that are staged tend to spend less time on the market than their counterparts who are not. Also in the report is a section discussing TV [...]
Five things I wish I knew before buying my first home in Towson comes from a discussion I had with a potential client who is considering selling their current first home and buying their next Baltimore home. They were referred to me recently. We didn't know each other when they bought their first home. Here [...]
Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending February 4, 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 02/04/2024, the Baltimore real [...]
Maryland Tax Free Energy Star appliance weekend is February 17-19, 2024. The Energy Star appliances that qualify, per the Maryland Comptroller’s website: Air conditioners Washers and dryers Furnaces Heat pumps Boilers Solar water heaters (tax-exempt at all times now) Standard size refrigerators Dehumidifiers Programmable thermostats Compact fluorescent light bulbs The "Shop Maryland Energy weekend" happens from [...]
The Fed left the interest rates the same when they met on January 31, 2024. They stated that there are currently no plans to cut rates, as inflation is still above the central bank’s goal of 2%. They also indicated that as of right now, there are no plans to hike rates. Fed Chair Jerome [...]
What should a buyer know about a short sale home? Years ago, there were a number of Baltimore short sale homes for sale with the values in the Baltimore real estate market (and elsewhere) dropping from the high values seen in 2005 and 2006. A number of home sellers may have possibly owed more on [...]
Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending January 28, 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 01/28/2024, the Baltimore real [...]
Baltimore City's most expensive home sales in 2023 were a combination of large single family homes and a few Inner Harbor condos, with the most expensive found in Blythewood neighborhood in the 21210 zip code. The five highest home sales in Baltimore City in 2023, according to Bright, our local multiple listing system, were: 1. [...]