Improving housing market luring would-be brokers
Low interest rates, foreign buyers and a gradual end to the foreclosure crisis are driving the modest turnaround in the nation's housing market.
U.S. home sales increase 2.6 percent in June
Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.
Real Estate Weekly – 7/18/14
Columbia office building sells for $4.075 million NAI KLNB, a Towson-based commercial real estate services company, announced it brokered the sale of 7130 Minstrel Way, a two-story, 43,925-square-foot office building in Columbia. The seller, a pension fund advised by Strategic Property Advisors, of Jamul, California, paid $4.075 million. The buyer was an entity controlled by […]
Auction set for 45-acre equestrian estate in Taneytown
Rawlings Auction, Appraisal & Realty LLC, of Jefferson, announced it will auction a 45-acre equestrian estate in Taneytown.
Iconic H. L. Mencken house falls into disrepair
The house that once belonged to iconic Baltimore writer H.L. Mencken has been deteriorating for years and admirers believe it deserves a better fate.
Average rate on 30-year mortgages dips this week
Mortgage company Freddie Mac said Thursday that the nationwide average rate for a 30-year loan dipped to 4.12 percent, down from 4.14 last week.
Pending home sales jump in May, but pace for year slow
The number of Americans who signed contracts to buy homes shot up in May. But the pace of buying this year remains slower than in 2013, in part because of sluggish sales during winter.
Real Estate Weekly – 6/27/14
Abingdon office-warehouse building sold to Churchville Tile and Marble NAI KLNB, of Towson, a division of real estate services company KLNB LLC that focuses on the sale and leasing of commercial office, industrial and warehouse properties, said it brokered the sale of 1301-B Governor Court, a single-story, 21,600-square-foot office and warehouse building in the William […]
Sales of existing homes up 4.9 percent in May
Sales of previously owned U.S. homes posted the best monthly gain in nearly three years in May, providing hope that housing is beginning to regain momentum lost over the past year.
Real Estate Weekly – 6/20/14
Goodwill Industries opens new store in Towson Goodwill Industries of the Chesapeake has opened a new store and used goods and clothing collection center at 1012 York Road in Towson. The 15,000-square-foot store is Goodwill’s 10th retail location in Baltimore County, and the 24th in the Baltimore metropolitan area. The new store created 19 jobs […]
Real Estate Weekly – 6/13/14
Data show state’s for-sale housing market ‘very tight’ Maryland’s housing market recorded double-digit growth for the second month in a row, according to Maryland Housing Beat, a monthly profile of the state’s housing market published by the Maryland Department of Housing and Community Development. In April, the median home sales price in Maryland rose by […]