2024 home sales in the US were the lowest since 1995, according to a report from the National Association of Realtors on January 24, 2025. 4.06 million existing homes sold in the US in 2024. Though the number of homes sold was very low, the median prices rose, according to an article on NPR. The [...]
The Fed left interest rates the same on January 29, 2025. This is the first pause after three drops - a 1/4 point drop in the December 2024 Federal Reserve meeting, 1/4 drop also in the November 2024 Federal Reserve meeting and a 1/2 point drop in the September 2024 Federal Reserve meeting, which happened [...]
Baltimore real estate market trends are published weekly by the Bright MLS system. Here is the Baltimore real estate update for the week ending January 26, 2025. Beginning on page 24 of the Bright MLS real estate report 01/26/2025, the Baltimore real estate data shows the following: In the Baltimore real estate market, new listings [...]
17 Things Not to Do to Your Home comes from a post from Houselogic. There are some very good tips in here that I have recommended to multiple Baltimore homeowners that I have worked with - so I thought it could be good to share here. Thank you to Houselogic for the inspiration post. Don't [...]
The 2024 Maryland housing market statistics comes from data collected from the Maryland Association of Realtors(R). Thank you to Maryland Realtors for this data, report, and infographic. The 2024 Maryland Housing Market Statistics show a 1.5% increase in units sold. The 2024 Maryland home sales price average was up 5.8% to $495,360. All of this [...]
Baltimore real estate market trends are published weekly by the Bright MLS system. Here is the Baltimore real estate update for the week ending January 19, 2025. Beginning on page 24 of the Bright MLS real estate report 01/19/2025, the Baltimore real estate data shows the following: In the Baltimore real estate market, new listings [...]
Hunt Valley home sales in 2024 were down from 2023. The total volume of Hunt Valley homes sold in 2024 was $123,017,868, down 9.89% from the $136,520,778 volume we saw sell in 2023. The average sales price was up 6.59% to $648,254 from $608,192 in 2023. One hundred ninety-two Hunt Valley homes sold in 2024, [...]
Towson 21204 home sales in 2024 were down from 2023. The total volume of Towson homes in 21204 that sold in 2024 was $114,319,579, up 12.72% from the $101,417,585 volume we saw sell in 2023. One hundred eighty-nine homes in 21204 sold in 2024, which is 28 more 21204 home sales than 2023. The average [...]
Baltimore County's most expensive home sales in 2024 were found north of the city, with the most expensive found in Owings Mills and Cockeysville. The five highest home sales in Baltimore County in 2024, according to Bright MLS, our local multiple listing system, were: TIED 1. 11316 John Carroll Rd, Owings Mills, MD 21117. $4,200,000. [...]
The Baltimore home demand index for January 2025 is 55, which is down 18 points from last month, falling into the "limited" category from the Baltimore home demand index for December 2024 that was "slow" at 73. (Please note that the index is one month behind, meaning the data for the January 2025 report is [...]