The Fed provided a 1/4 point interest rate cut on November 7, 2024. This is welcome second drop after a 1/2 point drop in the September 2024 Federal Reserve meeting, which happened after a continued pause that we saw in March 2024, May 2024 and June 2024 Federal Reserve meetings. Prior to those pauses, we [...]
The 2024 Profile of Home Buyers and Sellers from the National Association of REALTORS has been released. Here are some highlights from the 2024 Profile of Home Buyers and Sellers report: In 2024, 24% of Home Buyers were first-time homebuyers, which down a good amount from 2023, where 32% of homebuyers were first time homebuyers. [...]
Baltimore real estate market trends are published weekly by the Bright MLS system. Here is the Baltimore real estate update for the week ending November 3, 2024. Beginning on page 24 of the Bright MLS real estate report 11/03/2024, the Baltimore real estate data shows the following: In the Baltimore real estate market, new listings [...]
The Baltimore Inner Harbor Ice Rink is back for 2024! The plan is for it to open November 9, 2024. It is scheduled to be open through January 20, 2025. Hours are: Monday through Thursday 12:00pm–10:00pm Friday 12:00pm-11:00pm Saturday 10:00am – 11:00 pm Sunday 10:00 am – 8:00 pm There may be exceptions for these [...]
I have been a Maryland licensed real estate agent for 26 years as of October 2024. In Maryland, as real estate agents, we renew our licenses every two years. This is the 13th time I have renewed. To my many Baltimore buyers and sellers who have put their trust and confidence in me over the [...]
Baltimore real estate market trends are published weekly by the Bright MLS system. Here is the Baltimore real estate update for the week ending October 27, 2024. Beginning on page 24 of the Bright MLS real estate report 10/27/2024, the Baltimore real estate data shows the following: In the Baltimore real estate market, new listings [...]
Why would a house not appraise for the sales price written in a Maryland residential contract of sale? When a Maryland residential contract of sale is agreed upon between a buyer and seller, and if that contract has an appraisal contingency as a part of the agreement, an appraisal may be ordered. --> Please note [...]
Hunt Valley home sales in September 2024 were down from September 2023. The total volume of Hunt Valley homes that sold in September 2024 was $7,714,800, down 30.05% from the $11,028,515 volume we saw in September 2023. It was also down quite a bit from the $19,501,900 volume we saw in Hunt Valley Home Sales [...]
Baltimore real estate market trends are published weekly by the Bright MLS system. Here is the Baltimore real estate update for the week ending October 20, 2024. Beginning on page 24 of the Bright MLS real estate report 10/20/2024, the Baltimore real estate data shows the following: In the Baltimore real estate market, new listings [...]
We fall back on November 3, 2024 at 2:00am in 2024. Daylight Saving Time will come to an end and we will be back on Standard Time. This will mean it will be lighter earlier in the morning, but it also means that night will fall earlier as well. For example, sunset is after 6pm [...]