No Recession in Maryland? - 01/27/09 09:10 AM
That was the big debate among economists attending the recent Maryland Bankers Association forum held at the BWI Westing in Linthicum, MD.
The VP and regional economist for M&T Bank Corp, Gary Keith, expects Maryland's real gross domestic product to rise by 0.5 percent in 2009, compared to the nationwide predicted drop of 1.4 percent this year.
And the chief economist at SunTrust Banks, Gregory Miller, noted that Maryland added 13,000 jobs in the past year, even as there was a nationwide loss of 2.6 million jobs.
But, Maryland's unemployment *rate* increased from 3.6 percent in 2007 to 5.3 percent by November … (0 comments)

Clarksburg Homes Sales Update - 01/13/09 08:00 AM
For December, the average sold price of a home in Clarksburg, MD was $511,042, which is down by 4.79 percent compared to December 2007. 
The total number of homes sold in our zip code was identical to last year, and the average days on the market was up slightly (by 2.61 percent). 
So, as you might have surmised, homes are taking a bit longer to sell compared to last year.
The audited year-end statistics will be available in mid-February, and I'll be sure to provide that information the moment it hits.
… (1 comments)

 
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Ibi Sofillas

Clarksburg, MD

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