baltimore housing market: Baltimore Home Sales Up 35% in April 2010
- 05/16/10 11:47 AM
Baltimore home sales were up 35% in April 2010, partially due to the tax credit deadline ending, and partially due to low prices and low interest rates. According to the Baltimore Business Journal and MRIS, the Mid-Atlantic Multiple Listing Service, 2,205 homes went under contract in the Baltimore Metropolitan area, including Baltimore City, Baltimore County, Harford County, Anne Arundel, Howard and Carroll Counties. April 2009, in comparison, had 1,632 homes under contract. This was up also from March 2010, where 1,800 Baltimore homes sold. Though I had three Baltimore homes go under contract near the end of April, only one had … (10 comments)
baltimore housing market: Homeowners in Jacksonville, MD Receive SOME Compensation for Loss of House Values Due to Exxon Gas Spill
- 03/17/09 10:38 AM
The verdict is in and the jury has decided in favor of the plaintiffs. The question is, is it enough? This once quiet, serene, little corner of the world called Jacksonville, MD became the center of a huge lawsuit with Exxon Mobile over a leak for 37 days of over 26,000 gallons of oil. The oil seeped into the ground water, which feeds the surrounding community's wells. The biggest questions -- Can these homes be sold? Will the MTBE ever leave their wells? Will an average of almost $700,000 cover the concern, possible future issues, and true loss of value of … (2 comments)
baltimore housing market: Zillow Zestimates in Towson May be Misleading
- 03/02/09 12:11 PM
After doing some research, I have found the reasons that the Zestimates on some properties may be very much off. Baltimore County here in MD doesn't provide enough in the public records for the Zillow Zestimating calculations to work properly. A listing I have currently is on the market in Hunt Valley for $550,000. The true market value is not too far off from that listing price. Zillow's Zestimates' basics are missing a half bath, hardwood floors, and a few other items. When "claiming" the home, and adding the "upgrades" it brings the price up to $667,000, which is certainly far … (3 comments)
baltimore housing market: Another Timonium, MD House Sold Quickly
- 02/19/09 01:05 PM
Who SAYS the market isn't good???? I visited a Broker's Open at a townhouse in Timonium. The price? $299,900. The four neighbors also on the market? $319,000-$330,000 and have been for sale from 60-278 days. Guess which one got multiple contracts (after being on the market for only three days)? Realistic pricing and home staging make this one THE one to buy. These sellers listened to their agent about price and condition, and have blown the other very comparable units out of the water. So what is a seller to do? First, do your research. See what homes are on the … (0 comments)
baltimore housing market: House in Towson Sells and I Rejoice!
- 02/17/09 03:18 AM
Even though it is not my listing, I can't help but be happy that this house sold. For almost a year I have driven past its sign at least once a day, and was so excited to see the Under Contract sign yesterday morning. What made it sell finally? Price, I am sure! This was a cute cape cod, single family home with a great addition off the back, and fantastic curb appeal, this home was for sale much longer than expected. Yes, it has its drawbacks, namely the busy road, but it is also very conveniently located in close walking distance to … (0 comments)
baltimore housing market: Baltimore Housing Market Gaining Strength
- 02/11/09 09:53 AM
I posted a new blog on my website about the Baltimore Housing Market and how it seems to be picking up. People are calling about my withdrawn properties (pulled off to paint and stage) and contracts are beginning to flow at the office. Contracts are starting to flow in & out of my Timonium Real Estate Office. Baltimore Real Estate buyers are starting to realize that they need to get in NOW while the prices AND interest rates are LOW. So, yes, I am optimistic and excited. There is SO much opportunity in this Baltimore real estate market whether in the … (0 comments)
Baltimore home sales were up 35% in April 2010, partially due to the tax credit deadline ending, and partially due to low prices and low interest rates.
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