Baltimore home sales

What Will Happen in the 2024 Real Estate Market?

January 24th, 2024

What will happen in the 2024 real estate market? With multiple research firms with different forecasts weighing in, the guess is probably somewhere in the middle of the predictions. Economists at Realtor.com think that the median price of existing homes will drop 1.7% this year, with mortgage rates averaging 6.8%. CoreLogic, which is another company [...]

Goldman Sachs 2024 Home Sales Forecast

December 15th, 2023

Goldman Sachs predicts home prices to continue to rise through 2024. Goldman Sachs released their latest housing forecasts for not just 2024, but the next four years. Goldman Sachs estimates that home prices will grow slightly, by 0.6% in 2024, then up 3.8% in 2025, and then 4.9% in 2026 & 2027. The Baltimore real [...]

Revised US Home Sales Forecast for 2023

September 13th, 2023

Experts have revised their US home sales forecast for 2023. At the beginning of 2023, 27 research firms had 27 different 2023 US Home Sales Forecast predictions. By the beginning of February 2023, Goldman Sachs had revised their 2023 Housing Forecast. By the end of February 2023, people were wondering if the US Housing Market [...]

Baltimore City Lien Certificate Delay 2023

March 10th, 2023

Baltimore City lien certificates have been delayed in early 2023. The issue began in Fall 2022, and has not cleared up by the beginning of March 2023. The Baltimore Sun reported on the issue in February. There is currently a backlog of lien sheet requests, which has made the historically two-week turn around time bloom [...]

Is the Housing Market Going to Crash in 2023?

February 21st, 2023

Is the housing market going to crash in 2023? Most economists and forecasters do not believe the housing market is going to crash in 2023. There may be a correction, and there may be a decline in housing values, but a full-on crash is not expected by most who study the subject. After the huge [...]

Goldman Sachs Changes 2023 Housing Market Forecast

February 9th, 2023

Goldman Sachs changed their 2023 housing market forecast in a more positive direction. As noted in my post, "What Will Happen in the 2023 Real Estate Market?" Goldman Sachs was forecasting an average of 7.6% price decline from 2022. Goldman Sachs already adjusted their outlook on January 10th, reducing that price decline to an average [...]

What Will Happen in the 2023 Real Estate Market?

January 9th, 2023

What will happen in the 2023 real estate market? With 27 research firms with 27 different forecasts weighing in, the guess is probably somewhere in the middle of the predictions. Realtor.com has the most optimistic outlook of the 27. Economists at Realtor.com think that the median price of existing homes will rise 5.4% this year, [...]

This Month in Real Estate February 2016

February 9th, 2016

This Month in Real Estate February 2016 is out! Home sales activity rose to a pace of 5.5 million up from the pace of 4.8 million projected home sales that we saw last month in This Month in Real Estate January 2016. The median home price rose to $224,100 up from $220,300 last month. This [...]

This Month in Real Estate January 2016

January 11th, 2016

This Month in Real Estate January 2016 has been released. Home sales activity dropped to a pace of 4.8 million, down from the pace of 5.4 million projected home sales that we saw last month in This Month in Real Estate December 2015. The median home price rose to $220,300 from $219,600 from last month. [...]

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