Yesterday, I posted two good reasons why now is a good time to buy a house from a publication from Keller Williams Realty International entitled "7 Reasons Why Now is a Great Time to Buy a Home" , after posting the top three on Tuesday. Today round out the final two good reasons why a [...]
Yesterday, I posted the top three good reasons why now is a good time to buy a house from a publication from Keller Williams Realty International entitled "7 Reasons Why Now is a Great Time to Buy a Home" . Today, two more good reasons why a buyer should buy now! To recap the top [...]
Baltimore home sales were down in September by 19.4% over September 2009, with 1,706 homes sold versus 2,117 this time last year. At the same time in 2009, we had the First Time Homebuyer Tax Credit, which was originally due to expire September 30, 2009, before it was extended. The Baltimore County housing market took [...]
This Month in Real Estate for October 2010 is here, and is showcasing undervalued markets across the US. Pending home sales in the south, which the Baltimore housing market is part of, rose 1.2%, according to the National Association of REALTORS. Historically, more pending sales tend to eventually lead to higher prices, which is good [...]
The Wall Street Journal, tired of the doom & gloom, wrote an article on the ten reasons you SHOULD buy a home in this economy. Their ten reasons are good ones and have a lot of detail as to why they are true. Here are Brett Arends' WSJ headlines, and my takes on each. 1) [...]
Baltimore was named #6 in the American Institute for Economic Research's rankings of metro area colleges out of a pool of 222 areas of 15,000 students or more. Baltimore County colleges include Towson University in Towson, Stevenson University in Stevenson, MD, University of Baltimore, Baltimore County in the Catonsville area, plus in the city there [...]
In a recent study of the 50 largest metro areas, Baltimore ranked 19th in high stress levels. The data was analyzed by Portfolio.com, 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, [...]
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 [...]
Buying a home Baltimore just became a little sweeter for homebuyers looking on the east side. The Housing Authority of Baltimore City sent a press release out this morning with this great announcement that 50 eligible buyers participating in the Buying into Baltimore event on September 11, 2010 will receive $4,000 towards their new home, [...]
Baltimore house values are still struggling compared to much of the rest of the US in July 2010. Finally, Baltimore homes are seeing an increase in value, with the first quarter of the year up 2.9% over 2009. The rest of the country, on average, saw an increase of 7.9%. The rough news is that [...]