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Real Estate

Northrop Realty opens new office in Quarry Lake at Greenspring

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Clarksville-based Northrop Realty, A Long & Foster Company, Tuesday announced the opening of its new location at Quarry Lake at Greenspring in Baltimore County. Last month, Northrop Realty opened its Bethany Beach coastal headquarters and an office in Millsboro, Delaware, ...

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Balcerzak Group opens new brokerage in Towson

The woman-owned real-estate team The Balcerzak Group announced Tuesday it has opened its own brokerage, AB & Co Realtors Inc., in Towson. AB & Co Realtors also announced the purchase and renovation of two office buildings in Towson, at 6503 ...

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Home audio retailer Just Audio relocating to Greenleigh

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Home audio store Just Audio announced Thursday it has signed a lease with St. John Properties Inc. for 4,974 square feet of space at Greenleigh and will relocate its operations to 11615 Crossroads Circle this summer. Fifteen years after founding ...

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Homebuyers increasingly willing to exceed asking price to close deal

A "sale pending" sign is posted on.a home in Westfield, Ind., Friday, Sept. 25, 2020. Sales of new homes remained steady in October at a seasonally adjusted rate of 999,000 units. While the Commerce Department said October new home sales were down 0.3% from September, the government revised up its September figure marginally. (AP Photo/Michael Conroy)

The red-hot U.S. housing market is widening the gap between what a home is objectively worth and what eager buyers are willing to pay for it. Fierce competition amid an ultra-low inventory of homes on the market is fueling bidding ...

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Maryland’s weakest counties see strongest home sales

Deep Creek property owned by the Alster family in Garrett County taken in August 2020.  In March, sales in Garrett were up 71% compared to the previous March, while average prices more than doubled to $567,688. (Kimberly Alster)

Kimberly Alster first purchased property near Deep Creek Lake in Maryland’s Garrett County 12 years ago. At the time, the idea was to use the home for frequent family vacations. When the pandemic struck, however, the Alsters decided to trade ...

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The Goddard School signs lease at Annapolis Technology Park

The Goddard School will be located at 304 Harry S Truman Pkwy., a single-story building containing 34,560 square feet of flex/R&D space. Annapolis Technology Park, located just south of MD Route 50 and less than four miles from downtown Annapolis, contains a mix of commercial office, flex/R&D and retail space with pad sites. (Submitted photo)

The Goddard School franchise owner Dipti Singh Monday signed a lease with St. John Properties, Inc. for 13,560 square feet of space within Annapolis Technology Park, a 29-acre mixed-use community located at the intersection of Riva Road and Harry S ...

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Md. extends foreclosure moratorium through June 30

The Maryland State House.

The Maryland Department of Labor’s Office of the Commissioner of Financial Regulation Wednesday announced the extension of the moratorium on new residential foreclosures through June 30. The moratorium, originally established by Gov. Larry Hogan’s executive order issued April 3, 2020 ...

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New home sales surged 20.7% in March to 1.02 million

FILE - In this April 1, 2020 photo, a "For Sale" sign stands in front of a home that is in the process of being sold in Monroe, Wash., outside of Seattle. U.S. home sales rose a record-breaking 24.7% in July, extending last month’s rebound after the coronavirus pandemic all but froze the housing market this spring, the National Association of Realtors said Friday, Aug. 21, 2020. (AP Photo/Elaine Thompson, File)

WASHINGTON — Sales of new homes surged 20.7% in March to the highest level since 2006, rebounding from a sharp decline the previous month when severe winter storms wreaked havoc in many parts of the country. Sales climbed to a ...

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