Last night, Zillow posted a tweet, inviting you to look at this glorious mansion on the market for $35,000,000. Please note, that is $35 MILLION. The amusing part to me, is when I clicked on it, directly under the asking price is the Zillow Zestimate: $396,500. Yes, you read that right, Three hundred ninety-six THOUSAND, [...]
In a post today from CNN's "State of the Union" interview with HUD Secretary Shaun Donovan, Bloomberg reports that house prices are unlikely to decline further, and they expect to see a rise in prices in the third quarter. This is due to the reduction in number of people defaulting on their mortgages, down 40% [...]
Towson High Schools were ranked in Newsweek's Top 500 list on June 19, 2011, and Towson residents should be proud. Seven Baltimore County Schools made the list (18 total for the State of Maryland). According to the Newsweek article: ...each school’s score is comprised of six components: graduation rate (25%), college matriculation rate (25%), AP [...]
FHA loan limits across the United States had been set at a higher level to help the housing market from further decline, and in September 2010 that was extended through September 2011. Baltimore Area Loan Limits courtesy of NAR The current loan limit in Baltimore County, Baltimore City, and Harford County is $560,000 [...]
Towson Green is a new neighborhood being built by Bozzuto Homes. There will be 121 townhouses, plus a Brightview assisted living facility in the area just off Burke Avenue & East Susquehanna Ave just east of York Road. Pre-construction starting prices range from the low $300-400,000's. There will be small parks, a tot lot, and [...]
A question that many buyers have been asking is whether they should buy a house now, or wait until prices drop. Guest blogger, George Kennedy, of Wells Fargo Home Mortgage, offers some thoughts in his post. Should I wait for prices to drop? The question should not be whether or not house prices will fall, [...]
602 Meadowridge Road is a five bedroom cape cod in the Riderwood Ridge neighborhood of Towson, MD. **UPDATE! House went under contract in less than a week on the market!** Meadowridge Rd is a cul de sac street located just off the bridge from West Joppa Rd that crosses N. Charles St. The next street [...]
Towson High School was named a Maryland Blue Ribbon School of Excellence. It was one of six named in Maryland in 2010, and is the 15th school in Baltimore County to receive the honor, and the third Baltimore County High School to do so. According to the Baltimore County Public Schools article: Blue Ribbon School [...]
Computerized appraisals have been an issue for awhile, but recently, they have become a problem for a much larger group of people. Appraisals done by people in general are both objective and subjective, which means that often if you had two professional appraisers come to your house, you would likely get two different price opinions, [...]
The 21204 Home Sale Statistics for November 2010 had both highs and lows. The amount of sales dropped slightly, about 3%, over the same period last year. Here is the report. The good news is that the average sales price jumped over 44% to $516,938 from $358,083. There were 17 new houses listed to bring [...]