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Real Estate

NY condo tries luring buyers with 'Obama clause'

A Manhattan developer is trying to lure buyers to his new condominium tower with an "Obama contingency clause" — anyone who signs a purchase contract before Election Day can back out, no questions asked, if John McCain beats Barack Obama.

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Foreclosure Numbers, De-Mystified

In today’s paper, I wrote about the announcement from RealtyTrac that foreclosures are on the decline in Maryland, although slightly up in the nation as a whole. These findings were heartening for state lawmakers eager to pat themselves on the ...

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US foreclosure filings up 71 percent in 3Q

The number of homeowners ensnared in the foreclosure crisis grew by more than 70 percent in the third quarter of this year compared with the same period in 2007, according to data released Thursday.

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Zoning denied for Washington County project

The Washington County Commissioners have decided not to support a proposed zoning change that would allow immediate construction of the planned Hagerstowne Towne Center near Interstate 70 and U.S. Route 40.

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Harford revises zoning code

The Harford County Council on Tuesday unanimously passed a revised county zoning code, the county executive’s office announced. The legislation is the first comprehensive revision of the county’s zoning code in nearly 25 years.

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Legislation leads to foreclosure dip in Md.

Foreclosure activity in Maryland dropped by more than 15 percent in the third quarter of 2008, a decline from the second quarter that state officials attribute to a package of emergency laws enacted in April to delay the foreclosure process and allow homeowners to renegotiate mortgages.

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Foreclosures down in DC suburbs because of new law

The number of foreclosures in Maryland's Washington suburbs has declined, but officials attribute the drop to a new state law, rather than changes in the housing market.

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