Baltimore House Value

2024 Home Sales in the US Were the Lowest Since 1995

January 30th, 2025

2024 home sales in the US were the lowest since 1995, according to a report from the National Association of Realtors on January 24, 2025. 4.06 million existing homes sold in the US in 2024. Though the number of homes sold was very low, the median prices rose, according to an article on NPR. The [...]

Baltimore County Most Expensive Home Sales 2024

January 16th, 2025

Baltimore County's most expensive home sales in 2024 were found north of the city, with the most expensive found in Owings Mills and Cockeysville. The five highest home sales in Baltimore County in 2024, according to Bright MLS, our local multiple listing system, were: TIED 1. 11316 John Carroll Rd, Owings Mills, MD 21117. $4,200,000. [...]

Why Would a House Not Appraise for Contract Sales Price in Baltimore?

October 28th, 2024

Why would a house not appraise for the sales price written in a Maryland residential contract of sale? When a Maryland residential contract of sale is agreed upon between a buyer and seller, and if that contract has an appraisal contingency as a part of the agreement, an appraisal may be ordered. --> Please note [...]

Will There Be a Wave of Foreclosures in 2024?

July 24th, 2024

Will there be a wave of foreclosures in the last half of 2024? Most signs point to "No." The percentage of mortgages that are seriously delinquent, meaning three months or more behind on payments or in the foreclosure process, have been plummeting since 2022. For there to be a wave of foreclosures, the number of [...]

Pending Home Sales Across the US March 2024

April 30th, 2024

Pending home sales across the US rose in March 2024. The National Association of REALTORS(R) "Pending Home Sales Index," which is based on signed accepted contracts on existing homes, rose 3.4% last month to 78.2. It is up slightly, 0.1%, from the same point last year. Pending home sales are homes that are in the [...]

Baltimore County Most Expensive Home Sales 2023

January 16th, 2024

Baltimore County's most expensive home sales in 2023 were found north of the city, with the most expensive found in Owings Mills. The five highest home sales in Baltimore County in 2023, according to Bright MLS, our local multiple listing system, were: 1. 3162 Blendon Road, Owings Mills, MD 21117. $7,000,000. This Caves Valley home [...]

Renovation Trends in 2023

March 29th, 2023

Renovation trends in 2023 comes from a study done by Houzz. This was a large survey of Houzz users - 46,118 people, which included 24,667 who are either currently renovating, planning to renovate in 2023, or did home renovations in 2022. Of those surveyed and did a home renovation in 2022, 61% said they plan [...]

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