How much of a downpayment do you need to buy a home? The long and short of it is that it depends on your situation, loan qualifications and loan type. That being said, according to a NerdWallet Home Buyer Report, 62% of Americans believe you need to put 20% down on a house. In reality? [...]
Hunt Valley home sales in 2022 were down slightly from as 2021. The total volume of Hunt Valley homes sold in 2022 was $138,220,345, down 6.68% from the $148,122,268 volume we saw sell in 2021. The average sales price was up 9.82% to $556,255 from $506,526 in 2021. Two hundred-fifty Hunt Valley homes sold in [...]
Maryland real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending January 22, 2023. Bright MLS currently covers seven states, so there are statistics for a number of areas. There is a general overview for the entire MLS, and later there is specific state [...]
Towson 21204 home sales in 2022 were down from 2021. The total volume of Towson homes in 21204 that sold in 2022 was $105,374,234, down 24.21% from the volume of $139,029,947 we saw sell in 2021. One hundred seventy-eight homes in 21204 sold in 2022, which is 39 less than 2021. The average sales price [...]
Timonium home sales in 2022 were down from 2021. The total volume of Timonium houses that sold in 2022 was $306,140,413, down 13.07% from the $355,842,116 volume sold in 2021. The average sales price in Timonium was about the same, $491,233, a very slight increase of 0.21% from the $490,224 average we saw in 2021. [...]
Maryland real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending January 15, 2023. Bright MLS currently covers seven states, so there are statistics for a number of areas. There is a general overview for the entire MLS, and later there is specific state [...]
Baltimore City's most expensive home sales in 2022 were mostly Inner Harbor condos plus a single family home, with the most expensive found in The Pier Homes at HarborView in Downtown Baltimore. The five highest home sales in Baltimore City in 2022, according to Bright, our local multiple listing system, were: 1. 653 Ponte Villas [...]
Baltimore County's most expensive home sales in 2022 were found north of the city, with the most expensive found in Ruxton - the same home as in 2021. The five highest home sales in Baltimore County in 2022, according to Bright, our local multiple listing system, were: 1. 7506 Lhirondelle Club Rd, Baltimore, MD 21204. [...]
Baltimore Restaurant Week Winter 2023 is January 27-February 5 at a good number of restaurants in Baltimore City. There are many different eateries on the list of restaurants in Baltimore. The participating restaurants will have prix-fixe menus. Three course dinners will be $35-55, depending on the place. A number of restaurants will also offer two course lunches or [...]
The Baltimore home demand index for January 2023 was 62, a drop of 14 points to the "limited" category from the Baltimore home demand index for December 2022 that was "slow" at 78. (Note that the index is one month behind, meaning the data for the January 2023 report is from December 2022.) The Baltimore [...]