Coronavirus

Maryland Real Estate Trends from COVID-19 April 6, 2020

April 8th, 2020

Coronavirus Maryland real estate market trends are being put together by our MLS, Bright MLS. Here is the update for April 6, 2020. A reminder from past weeks' posts, Bright MLS covers a large swath of states, so they have statistics for a number of areas, but then they drill down to specific state data. [...]

Maryland Real Estate Market Trends Due to COVID-19 March 30, 2020 Update

April 1st, 2020

Coronavirus Maryland real estate market trends are being put together by our MLS, Bright MLS. Here is the update for March 30, 2020. A reminder from last week's post, Bright MLS covers a large swath of states, so they have statistics for a number of areas, but then they drill down to specific state data. [...]

Initial Coronavirus Maryland Market Trends

March 27th, 2020

Initial Coronavirus Maryland market trends are being put together by our MLS, Bright MLS. Bright MLS covers a large swath of states, so they have statistics for a number of areas, but then they hone in to specific states. Starting on page 23 of the Bright MLS multi-state report, the data shows the following: In [...]

Impact of Coronavirus to Real Estate Showings in Bright MLS

March 26th, 2020

The impact of the Coronavirus to real estate showings is from a company called "ShowingTime," through which most Baltimore real estate agents schedule appointments for homes for sale in the area. ShowingTime statistics show that the showing activity has fallen a lot since this period last year. ShowingTime plans to update the chart regularly. As [...]

Coronavirus and Real Estate Market Conditions

March 24th, 2020

The Coronavirus has wreaked havoc across the globe, and we are all trying to work through this new way of self-distancing life. Here in Maryland, Governor Hogan has required all non-essential businesses to close as of 5pm March 23, 2020. Parts of a real estate transaction in Maryland are considered essential, but some of the [...]

COVID-19 and the Baltimore Real Estate Market

March 18th, 2020

COVID-19 is a world-wide pandemic that has reached to many parts of the world. What will it mean for the Baltimore Real Estate market? Well, frankly, we do not know. The good news is that the Fed has cut interest rates to the banks to .25% (just barely over zero.) This does NOT mean that [...]