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Tag Archives: Real Estate

Home resales drop to nine-month low in September, down 5.6% from August

WASHINGTON — The number of Americans who signed contracts to buy existing homes fell in September to the lowest level in nine months. The decline reflects higher mortgage rates and home prices that have made purchases more costly. The National ...

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Zollicoffer to chair EBDI board

Former Baltimore City Solicitor Thurman W. Zollicoffer Jr. has been appointed chairman of the board of directors of East Baltimore Development Inc., the 11-year-old nonprofit in charge of the $1.8 billion redevelopment located north of Johns Hopkins University Hospital in the area known as Middle East.

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Real Estate Weekly – 9/27/13

Excellence in Community Development Award winners announced by home builders The Land Development Council of the Home Builders Association of Maryland announced the winners of its Excellence in Community Development Awards last week. The program recognizes development professionals who provide ...

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FHA to draw $1.7B from Treasury to cover losses

WASHINGTON — A federal housing agency said Friday it needs a $1.7 billion bailout from the Treasury to cover projected losses in a mortgage programs for seniors. At issue are reverse mortgage programs, which allow seniors to borrow against their ...

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