The Fed left the interest rates the same when they met on December 13, 2023. They also indicated they may see up to three drops in rates in 2024, since they have been moving at a pace of .25% each change - and they expect to drop a total of .75% next year. The Fed [...]
Timonium home sales in November 2023 were up from November 2022. The total volume of Timonium houses that sold in November 2023 was $22,205,290, up 11.17% from the $19,974,289 volume we saw in November 2022. It was up a lot from the $16,735,200 volume we saw in Timonium Home Sales October 2023. The average sales [...]
Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending December 10, 2023. 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 12/10/2023, the Baltimore real [...]
The 2024 Mid-Atlantic Housing Outlook, including specifics on the Baltimore real estate market, has been released by Bright MLS, our local MLS service. The Baltimore real estate market has definitely seen changes over the past year. With higher interest rates for mortgages, yet prices still staying higher than years' past, the demand for homes has [...]
The 2023 Profile of Home Buyers and Sellers from the National Association of REALTORS has been released. Here are some highlights from the 2023 Profile of Home Buyers and Sellers report: In 2023, 32% of Home Buyers were first-time homebuyers, which is up from 2022, where 26% of homebuyers were first time homebuyers. This is [...]
Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending December 3, 2023. 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 12/03/2023, the Baltimore real [...]
Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending November 26, 2023. 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 11/26/2023, the Baltimore real [...]
Small Business Saturday is November 25, 2023. What is Small Business Saturday? It is a day dedicated to supporting small businesses -- the Saturday after "Black Friday." It was started by American Express in 2010, and was recognized by Congress in 2011. There is no cost to small business owners to participate, and no cost [...]
Baltimore Thanksgiving 2023 is a time for reflection and feeling grateful. I am thankful for my family and my friends, and hope they all remain healthy and safe. I am thankful for our Frontline Workers, who often must work and don't get to spend the holiday with their families. I am thankful for my clients [...]
Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending November 19, 2023. 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 11/19/2023, the Baltimore real [...]