Maryland State Overview (+Washington DC)
Submitted by Naomi M on Mon, 10/01/2007 - 06:29.Capital: Annapolis
Estimated 2004 population: 5,558,058
Change from 2000: +261,572
2004 housing units: 2,250,339
Housing units change from 2000-2004: +98,741
Estimated 2004 population: 5,558,058
Change from 2000: +261,572
2004 housing units: 2,250,339
Housing units change from 2000-2004: +98,741
Top Maryland Cities
Annapolis | Baltimore | Bethesda | Cambridge | Columbia | Cumberland | Frederick| Hagerstown | Lexington Park | Oakland | Salisbury | St. Charles | Towson
High percentage of investor-owned properties inflated housing prices in Baltimore
Submitted by Anonymous on Mon, 07/30/2007 - 05:00.“Real estate investors, leaping to buy Baltimore homes during the boom, helped fuel the frenzy and drive up prices in neighborhoods from Canton to Reservoir Hill. Now they’re part of the fallout.”
“Properties belonging to ‘nonowner occupiers,’ usually investors, accounted for nearly 30 percent of the city homes that lenders were trying to foreclose on during the first three months of the year, according to a Sun analysis.”
“Properties belonging to ‘nonowner occupiers,’ usually investors, accounted for nearly 30 percent of the city homes that lenders were trying to foreclose on during the first three months of the year, according to a Sun analysis.”
Metro Washington DC housing market glutted with condos
Submitted by Anonymous on Sat, 07/28/2007 - 05:00.According to Gregory H. Leisch, chief executive of Delta Associates, a real estate research firm based in Alexandria, there are 20,217 new condos on the market in the Washington metro area. Marketing on another 18,867 units is expected to begin in the next three years, Leisch said, citing his firm's midyear analysis of the condo market.
Maryland housing market glutted with inventory
Submitted by Anonymous on Wed, 05/16/2007 - 05:00.Washington County has more than 1,300 homes with for sale signs. A year ago, homes in Washington County stayed on the market for an average of 86 days. Today, that number's changed. Realtors say a home can take up to 176 days to sell.
"If you're a buyer it's a big advantage right now because you can be kind of picky. There's a lot to look at and the prices have come down since last year,” says Dan Plombon of MackIntosh Realtors.
"If you're a buyer it's a big advantage right now because you can be kind of picky. There's a lot to look at and the prices have come down since last year,” says Dan Plombon of MackIntosh Realtors.
