Many sellers are sitting out the Spring 2023 real estate market across the US. New listings fell again in March, which is down 20% from the same month last year, according to a CNBC article on March 30, 2023. February 2023 had a 16% drop in listings, so this was an even deeper drop. Listings [...]
The Baltimore home demand index for March 2023 was 78, a gain of one point in the "slow" category from the Baltimore home demand index for February 2023 that was "slow" at 77. (Note that the index is one month behind, meaning the data for the March 2023 report is from February 2023.) The Baltimore [...]
Timonium home sales in February 2023 were down from February 2022. The total volume of Timonium houses that sold in February 2023 was $11,450,700, down 49.86% from the $22,835,997 volume we saw in February 2022. It was also down from the $12,278,977 volume we saw in Timonium Home Sales January 2023. The average sales price [...]
Kitchen design trends change over time, and each year there are trends that tend to be more popular than others. Here are six kitchen design trends that professionals expect to see more of in 2023: A Combination of Dark and Light Colors. White kitchens have been popular on and off over the years. Designers expect [...]
Baltimore was named a top-ten city people want to move to in a poll by Home Bay and featured in a New York Times article. When asked, “If money were no object, which five cities would you prefer to move to?” Baltimore ranked ninth in the top 10. The poll by Home Bay covered a [...]
Zillow's outlook for the Spring 2023 housing market is optimistic - especially for sellers. There are very few homes for sale as we enter the Spring 2023 housing market, which could make for a competitive home buying market for buyers. In the Baltimore real estate market, for example, the Baltimore Home Demand Index February 2023 [...]
The Baltimore home demand index for February 2023 was 77, a gain of 15 points to the "slow" category from the Baltimore home demand index for January 2023 that was "limited" at 62. (Note that the index is one month behind, meaning the data for the February 2023 report is from January 2023.) The Baltimore [...]
Timonium home sales in January 2023 were down from January 2022. The total volume of Timonium houses that sold in January 2023 was $12,278,977, down 24.72% from the $16,311,949 volume we saw in January 2022. It was also down from the $19,974,289 volume we saw in Timonium Home Sales November 2022. The average sales price [...]
The 2022 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 [...]
Home Buyer optimism for 2023 is still high after a very busy and competitive 2022. According to an article by NerdWallet, 1 in 9 of those surveyed plan to buy a house in the next 12 months. That would be 28 million homebuyers when applying to the whole country. Meanwhile, last year, only 6 million [...]