FHA loan limits across the United States had been set at a higher level to help the housing market from further decline, and in September 2010 that was extended through September 2011. Baltimore Area Loan Limits courtesy of NAR The current loan limit in Baltimore County, Baltimore City, and Harford County is $560,000 [...]
Towson Green is a new neighborhood being built by Bozzuto Homes. There will be 121 townhouses, plus a Brightview assisted living facility in the area just off Burke Avenue & East Susquehanna Ave just east of York Road. Pre-construction starting prices range from the low $300-400,000's. There will be small parks, a tot lot, and [...]
A question that many buyers have been asking is whether they should buy a house now, or wait until prices drop. Guest blogger, George Kennedy, of Wells Fargo Home Mortgage, offers some thoughts in his post. Should I wait for prices to drop? The question should not be whether or not house prices will fall, [...]
602 Meadowridge Road is a five bedroom cape cod in the Riderwood Ridge neighborhood of Towson, MD. **UPDATE! House went under contract in less than a week on the market!** Meadowridge Rd is a cul de sac street located just off the bridge from West Joppa Rd that crosses N. Charles St. The next street [...]
Towson High School was named a Maryland Blue Ribbon School of Excellence. It was one of six named in Maryland in 2010, and is the 15th school in Baltimore County to receive the honor, and the third Baltimore County High School to do so. According to the Baltimore County Public Schools article: Blue Ribbon School [...]
Computerized appraisals have been an issue for awhile, but recently, they have become a problem for a much larger group of people. Appraisals done by people in general are both objective and subjective, which means that often if you had two professional appraisers come to your house, you would likely get two different price opinions, [...]
The 21204 Home Sale Statistics for November 2010 had both highs and lows. The amount of sales dropped slightly, about 3%, over the same period last year. Here is the report. The good news is that the average sales price jumped over 44% to $516,938 from $358,083. There were 17 new houses listed to bring [...]
The 21286 zip code of Towson, MD had decent home sales statistics for November 2010. Towson real estate encompasses 21286 and 21204. The zip codes have very different market areas and statistics! The average sold price in 21286 was up 9.36% over the same period last year. That is great news for Towson homeowners! Average [...]
The Towson home sale statistics for October 2010, specifically the 21204 zip code, were down in a number of areas, compared with the same time last year. Total sold dollar volume was down 40.91% and only four houses settled in the month, with seven settling last October. Though there were three fewer settlements, the prices [...]
There are many good reasons to buy a home, and right now, there are seven that stand out, according to a new publication by Keller Williams Realty, my brokerage. Below are three of the reasons (4&5 will be tomorrow, 6&7 the last day), and my take on each one: 1) Homes Have Never Been More [...]