Baltimore-area residential market sees demand slow in March, but prices remain high
Baltimore-area residential market sees demand slow in March, but prices remain high
A new residential report for the city and surrounding counties shows overall sales dipped nearly 2% last month.
You can contact us to get more choices
0
You can contact us to get more choices
Related posts
A new residential report for the city and surrounding counties shows overall sales dipped nearly 2% last month.
A new residential report for the city and surrounding counties shows overall sales dipped nearly 2% last month.
The median sales price jumped just over 5% in July in the metro area to $369,450.
The median sales price jumped just over 5% in July in the metro area to $369,450.
The Baltimore area isn't the only housing market beginning to feel the effects of inflation and higher interest rates — many other areas in the Northeast and Midwest are starting to see a cool off too.
The Baltimore area isn't the only housing market beginning to feel the effects of inflation and higher interest rates — many other areas in the Northeast and Midwest are starting to see a cool off too.
Remortgage instructions decreased by 26% in March as lenders react to the heightened levels of uncertainty around the cost of living crisis, according to the latest remortgage data by LMS. Data showed that there was also 28% drop in completed remortgages in March, which was “entirely expected” given the early repayment charge (EPC) peak at ...
This story continues at March sees drop in remortgage instructions
Or just read more coverage at Mortgage Finance Gazette
Remortgage instructions decreased by 26% in March as lenders react to the heightened levels of uncertainty around the cost of living crisis, according to the latest remortgage data by LMS. Data showed that there was also 28% drop in completed remortgages in March, which was “entirely expected” given the early repayment charge (EPC) peak at ...
This story continues at March sees drop in remortgage instructions
Or just read more coverage at Mortgage Finance Gazette
This once-in-a-lifetime housing market has rewritten the rules that govern real estate.
“In real estate, people often say the most important thing is location, location, location,” says Yongqiang Chu, director of the Childress Klein Center for Real Estate at UNC Charlotte. “For housing to be affordable, the most important thing is supply, supply, supply. The only thing we have to battle price is to increase supply, and unfortunately we are not seeing that happening fast enough.”
Inven...
This once-in-a-lifetime housing market has rewritten the rules that govern real estate.
“In real estate, people often say the most important thing is location, location, location,” says Yongqiang Chu, director of the Childress Klein Center for Real Estate at UNC Charlotte. “For housing to be affordable, the most important thing is supply, supply, supply. The only thing we have to battle price is to increase supply, and unfortunately we are not seeing that happening fast enough.”
Inven...
Is Baltimore going to be a sizzling real estate market for investors over the next twelve months? According to NeighborhoodScout's data, Baltimore's appreciation rate has been at 15.50 percent over the last year. Baltimore's appreciation rate in the most recent quarter was 5.74 percent, which equates to 25.03 percent (annual appreciation). In comparison to the rest of Maryland, Baltimore's most recent annual appreciation rate is higher than 60% of the other cities and towns in Maryland. You can...
Is Baltimore going to be a sizzling real estate market for investors over the next twelve months? According to NeighborhoodScout's data, Baltimore's appreciation rate has been at 15.50 percent over the last year. Baltimore's appreciation rate in the most recent quarter was 5.74 percent, which equates to 25.03 percent (annual appreciation). In comparison to the rest of Maryland, Baltimore's most recent annual appreciation rate is higher than 60% of the other cities and towns in Maryland. You can...
Data released by the Memphis Area Association of Realtors (MAAR) showed that the Memphis housing market had an early uptick this year.
In March, nearly 1,900 homes sold in March, outperforming March 2021 by 5%. Prices also continued to increase across the market. The median price of $215,000 was 22% higher than March 2021 and the average price of $254,000 was a 15.2% increase.
The number of deals closed in March was a big jump over the traditionally slow month of February, which had close ...
Data released by the Memphis Area Association of Realtors (MAAR) showed that the Memphis housing market had an early uptick this year.
In March, nearly 1,900 homes sold in March, outperforming March 2021 by 5%. Prices also continued to increase across the market. The median price of $215,000 was 22% higher than March 2021 and the average price of $254,000 was a 15.2% increase.
The number of deals closed in March was a big jump over the traditionally slow month of February, which had close ...
The impact of rising interest rates and ongoing price hikes could be seen in Charlotte's housing market in March, signaling another challenging environment for local buyers this spring.
The impact of rising interest rates and ongoing price hikes could be seen in Charlotte's housing market in March, signaling another challenging environment for local buyers this spring.
Posted March 11, 2022 by Christine GrenneyFiled under Great reasons to buy real estate in Park City, Home Buying in Park City, Park City Real Estate Updates.
Jordanelle Reservoir and the Mayflower side of Deer Valley Resort with a fresh coat of snow
Located just 10 minutes from Park City’s east entry on Highway 248, the Jordanelle area is a hotspot for new development; the entire area was master planned when the Jordanelle Reservoir was created in the 1990’s. This overview focus...
Posted March 11, 2022 by Christine GrenneyFiled under Great reasons to buy real estate in Park City, Home Buying in Park City, Park City Real Estate Updates.
Jordanelle Reservoir and the Mayflower side of Deer Valley Resort with a fresh coat of snow
Located just 10 minutes from Park City’s east entry on Highway 248, the Jordanelle area is a hotspot for new development; the entire area was master planned when the Jordanelle Reservoir was created in the 1990’s. This overview focus...