What is the difference between FHA and Conventional Loans? There are multiple differences between an FHA loan and a Conventional Loan. An FHA loan means that the loan is insured by the Federal Housing Administration. With a Conventional Loan, the mortgage company assumes the risks of issuing the loan. It is not insured by a [...]
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 [...]
Timonium, Maryland in Northern Baltimore County is a popular place to live. I recently sold a Timonium split level home to a buyer client. The Fountain Hill neighborhood in Timonium location was ideal for this buyer! This Timonium home has four bedrooms, two full baths, hardwood floors, an updated kitchen, and a garage and driveway. [...]
The Baltimore home demand index for April 2024 is 87, up seven points from last month, remaining the "slow" category from the Baltimore home demand index for March 2024 that was "slow" at 80. (Note that the index is one month behind, meaning the data for the April 2024 report is from March 2024.) The [...]
The Baltimore home demand index for March 2024 is 80, up 13 points from last month, rising into the "slow" category from the Baltimore home demand index for February 2024 that was "limited" at 67. (Note that the index is one month behind, meaning the data for the March 2024 report is from February 2024.) [...]
Home design trends come and go, and each year there are trends that tend to be more popular than others. Thank you to Real Simple for their compilation. Here are a some of those trends I am seeing in the Baltimore real estate market: Green Paint. Designers have seen green more and more in design [...]
Kitchen design trends change over time, and each year there are trends that tend to be more popular than others. Here are five kitchen design trends that professionals expect to see more of in 2024 per Houzz: Longer Islands. Homeowners described the use of islands for entertaining after a kitchen renovation, with 7' long islands [...]
The Baltimore home demand index for February 2024 is 67, up 12 points from last month, remaining in the "limited" category from the Baltimore home demand index for January 2024 that was "limited" at 55. (Note that the index is one month behind, meaning the data for the February 2024 report is from January 2024.) [...]
Five things I wish I knew before buying my first home in Towson comes from a discussion I had with a potential client who is considering selling their current first home and buying their next Baltimore home. They were referred to me recently. We didn't know each other when they bought their first home. Here [...]
The 2023 Mid-Atlantic housing market review from Bright MLS covers six states and the District of Columbia. It covers a little more than the "official" Mid-Atlantic area, going North to New Jersey and West to West Virginia. Here are the areas covered in the report: District of Columbia, Delaware, Maryland, New Jersey, Pennsylvania, Virginia and [...]