January and February 2010 has shown some recovery and growth over last year at the same time for Towson home sales. 21204 houses that settled had prices up $24,000. Under contract, however, was down around $106,500 (23%). I attribute much of that drop in February due to the two blizzards. Half as many new listings [...]
Reviewing the 21204 zip code sales, contracts and listings for December of '08-December of '09, there are many interesting variations throughout the year. The good part for the owners of Towson homes in the $500,000 and higher range, is that finally these seem to be selling! 11 properties in December went under contract [...]
When the Homebuyer Tax Credit was extended to include long-time homeowners buying new houses and getting a $6,500 credit, a whole new group of questions came into play. Unfortunately for a few clients of mine (and I am sure many others out there), the answers were not what they were hoping. One person owns a [...]
As I sit here and reflect on 2009 and enjoy the beginning of 2010, I am reminded at what a new year can bring. There is always a sense of excitement -- that a new year can mean great things. What will happen in the Towson real estate market? Will it rise? Will it fall? [...]
The new tax assessments for the State of Maryland are due to come out in the upcoming days, and the state's assessment office says it will show an unusual thing -- a drop of an average of 19.7% in value since 2005-6, the last time many of these homes were assessed. What does this mean [...]
A few month back, I received a phone call from Jamie Smith Hopkins of the Baltimore Sun because she knew I know Towson real estate very well, and had sold homes in Loch Raven Village and Knettishall. Jamie was putting together a series of articles called "Hidden Gems" about areas in Baltimore County and City [...]
My compilation of the 21204 real estate market statistics for the last six months are here! The full chart includes data on sales, contract, and active homes from May 25-November 8, 2009. What this shows is that the lower priced Towson homes are [...]
On June 15, I wrote about the Old Towson Jail's new life as a community pool and how charter members may be able to convey their memberships with their West Towson homes when they sell them. The Towson Swim Club Founding Committee is having an informational meeting on Tuesday, November 3, 2009 from 7:30-9:30 pm at [...]
Monday, November 2, 2009 -- Baltimore Business Journal reports that Towson-based Black & Decker is to be acquired by Stanley Works, with the deal/merger being completed in the first half of 2010. What does this mean for its employees and the surrounding Towson community? Stanley, based in Connecticut, states that the B&D Power Tools division, which has [...]
Join Miss Julie for Storytime and Sing-along at 10 am on Friday, November 6 at the Towson Town Center's Family Fun Day. The mall hosts the Family Fun Day most Fridays except during the holiday season. Located at the Grand Court on Level One of the mall, it is sure to be a entertaining event for a Friday morning! [...]