A closely watched index shows home prices dropped by the sharpest annual rate on record in November.
Read More »December existing home sales rise by 6.5 percent
Sales of existing homes posted an unexpected increase last month, closing out the worst year for the U.S. real estate market in more than a decade.
Read More »Eminent Domain in China
This week’s Forbes magazine has a great article by former Baltimore Sun reporter Gady Epstein about a developer in Chungqing, China, who thought he was going to benefit from the government’s seizure of prime land near a highway and commerce ...
Tagged with: Baltimore Sun Development
Read More »Mortgage Matters: Higher rates coming for all but the safest borrowers
Although mortgage rates have settled into a trading range — in the mid 5 percent range — in the last week, Fannie Mae is going to make it a little bit tougher for many borrowers to get the very best possible rates in the coming months.
Read More »Take to the blogs!
Coinciding with the city’s proposed land-banking program to deal with Baltimore’s 30,000 vacant properties, another citizen activist blog has sprung up: Baltimore Slumlord Watch. It’s a website in the vein of Baltimore John Watch, the site that began last year ...
Tagged with: Baltimore Development
Read More »Enterprise Community Investment names new CEO
Enterprise Community Investment Inc has named Charles R. Werhane its new president and CEO, effective April 15. Werhane, the company’s current vice chairman and chief operating officer, will replace Jeffrey H. Donahue.
Read More »Md. deaf homeseller works with clients, family
Ann Meehan loves houses and loves to work with people. She recently got her real estate license and, with two of her daughters, has formed Kamela & Co. The team is part of Real Estate Teams LLC, which is the company's broker.
Read More »SCOPEing out the vacant problem
In response to Wednesday’s article about the city’s new land-banking program that seeks to tackle the 30,000 vacant properties in Baltimore, a reader writes: “Why can’t the city simply improve the processes and procedures of the SCOPE program? If SCOPE ...
Tagged with: Baltimore Development
Read More »Moving ad money online in ‘09
With the real estate market still on a respirator, one national company’s decided to resuscitate its advertising strategy – by redirecting all national TV advertising to the Web. Century 21 was one of the first real estate companies to advertise ...
Tagged with: advertising Marketing
Read More »Mortgage rates fall for 5th straight week
Rates on 30-year mortgages set a record for a fifth straight week by dropping to below 5 percent, the lowest mark since Freddie Mac started tracking the data in 1971.
Read More »