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? [...]
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 [...]
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 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. [...]
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 [...]
What will happen in the 2023 real estate market? With 27 research firms with 27 different forecasts weighing in, the guess is probably somewhere in the middle of the predictions. Realtor.com has the most optimistic outlook of the 27. Economists at Realtor.com think that the median price of existing homes will rise 5.4% this year, [...]
Baltimore County trash and recycling guides for 2023 were mailed to residents in mid-December 2022. As of January 1, 2023, the new schedules can be found online. Residents should note the newer "slide" schedule for holidays - so if there is a holiday that week, at least one of your pick up days may be [...]
Timonium, Maryland in Northern Baltimore County is a popular place to live. Timonium has many homes from single family houses to townhomes, condos and apartment communities. I recently sold another Roundwood Ridge condo in Timonium. The fifth floor location overlooking the courtyard between the Roundwood Ridge buildings was ideal for this buyer. This Mays Chapel [...]
Baltimore County Restaurant Week Winter 2023 is scheduled for January 13-22, 2023. The 2022 version was canceled, so it is exciting that Baltimore County Restaurant Week is back for Winter 2023! There are a good number of Baltimore County restaurants participating this month. There are links to many of the individual menus on the website, [...]