Baltimore Business Journal

Baltimore Home Prices May Be Too Steep for Some Buyers

October 22nd, 2014

Baltimore home prices may be too steep for some buyers, according to an article in the Baltimore Business Journal, citing multiple sources. Over the last year, Baltimore real estate inventory has been low, so prices in some areas have risen. The Baltimore Business Journal reports that a Credit Suisse market survey shows that September market activity [...]

Baltimore New Homes Increase in 2011

January 23rd, 2012

Baltimore new home construction was up 40% over 2010, which economists often see as a sign of a housing market recovery. According to an article in the Baltimore Business Journal, the Greater Baltimore region jumped 40%, while the more local Baltimore-Towson region rose 6%. The December 2011 data for contracts for future residential construction rising [...]

24% of Baltimore Mortgages are Underwater

February 16th, 2011

A recently released report shows that 24% of mortgages in Baltimore are underwater. A mortgage that is underwater means that the value of the house is less than what is owed to the mortgage company by the homeowners. The national average of homes underwater is 27%, so Baltimore homeowners are faring a little better than [...]

Baltimore Ranks 19 out of 50 in High Stress Levels

September 13th, 2010

In a recent study of the 50 largest metro areas, Baltimore ranked 19th in high stress levels. The data was analyzed by, which is part of bizjournals, such as the Baltimore Business Journal online. There was a 10 part formula put together that helped to determine stress factors, including: 1. Unemployment rate (metro area, [...]

Maryland to Receive $6.8M to Help Stop Foreclosures

September 8th, 2010

The US Housing and Development has awarded Maryland $6.8 Million to help stop foreclosures as part of the Neighborhood Stabilization Program. Areas receiving awards are allowed to use the money to buy land and property to either rehabilitate or knock down houses, and also to offer downpayment and closing cost assistance programs to low-to-moderate income [...]

Baltimore Home Sales Up 35% in April 2010

May 15th, 2010

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 [...]

Baltimore Job Market Getting Better

April 30th, 2010

The Baltimore job market is getting better, according to headhunters in the Baltimore area. The Baltimore Business Journal reported that Maryland added 36,000 jobs in March, which is a great number. What that number doesn't state, but the headhunters do, is that many of those jobs are temporary or not "permanent hires". This means that [...]

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