Real Estate Weekly – 5/24/13
BY: Daily Record Staff ![]() State readies $8.6M plan to aid Somerset Co. hurricane victims The Maryland Department of Housing and Community Development is putting the final touches on the state’s $8.6 million plan to help Somerset County residents recover from Hurricane Sandy, offering storm-struck victims a range of options according to their housing needs. Those options include replacing or [...] |
New home sales up 2.3 percent in April
BY: Associated Press WASHINGTON — U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening. New-home sales increased 2.3 percent in April from March to a seasonally adjusted annual rate of 454,000, the Commerce Department [...] |
Home sales tick up to highest in 3 ½ years
BY: Associated Press WASHINGTON — Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale. The National Association of Realtors said Wednesday that sales rose to a seasonally adjusted annual rate of 4.97 million, up from 4.94 [...] |
Parents fight plans for disguised wireless tower at elementary school
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First Potomac sells industrial assets
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Report says poor are moving to nation’s suburbs
BY: Associated Press LOS ANGELES — A new report shows more poor people have moved to the nation’s suburbs, outnumbering those in urban areas. The Brookings Institution study released Monday says those in poverty living in suburbs jumped 67 percent between 2000 and 2011. But suburbs still have a smaller percentage of their population living in poverty than [...] |
Real Estate Weekly – 5/17/13
BY: Daily Record Staff ![]() HOPE program receives Access to Justice award The HOPE initiative, a program started by the administration of Gov. Martin O’Malley to preserve homeownership by helping prevent foreclosures, was awarded the Maryland Access to Justice Commission’s Executive Branch Award for 2013. Reginald Stanfield, director of the Office of Community Programs in the Maryland Department of Housing [...] |
25th Street Station in flux
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City sells row homes for less than half value
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Housing starts fell in April but permits surged
BY: Associated Press WASHINGTON — U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from month to month. And applications for new construction reached a five-year peak, evidence that the [...] |









