Baltimore Real Estate News
Real Estate news for Baltimore, MD continually updated from thousands of sources.
Wednesday Dec 10 | via The Baltimore Sun
The number of home sales and new listings were up last month in the Baltimore region from a year earlier, but home prices overall continued to fall, according to a monthly real estate analysis. Foreclosures are increasing throughout the country. Comment?
Tuesday Dec 2 | via The Baltimore Sun
Downtown Baltimore's historic Keyser office building is expected to re-open next summer as a new hotel, five years after the developer that started the conversion entered bankruptcy. Downtown Baltimore's historic Keyser office building is expected to re-open next summer as a new hotel, five years after the developer that started the conversion entered bankruptcy. Comment?
Thursday Nov 27 | via The Baltimore Sun
A Baltimore-based nonprofit is preparing to build a commercial kitchen on a blighted tract in East Baltimore, the first step in the creation of a $16 million food production campus. American Communities Trust plans to use a 31/2-acre parcel at Gay and Wolfe streets - the site of a 19th-century city water pumping station - for the kitchen, a canning facility, a working farm and a produce market. Comment?
Friday Nov 21 | via The Baltimore Sun
A federal bankruptcy court judge dismissed a Chapter 11 case related to developer Patrick Turner's ambitious waterfront development in South Baltimore, clearing the way for a foreclosure on the property. Judge Robert A. Gordon said he saw no evidence that Turner's Inner Harbor West LLC would be able to reorganize its finances and satisfy creditors. Comment?
Friday Nov 21 | via Business Journal
A federal judge on Friday dismissed developer Patrick Turner's bankruptcy case involving the $1.5 billion Westport Waterfront project and handed down a stinging rebuke of Turner's attorneys in a ruling that clears the property for foreclosure. Comment?
Thursday Dec 11 | via The Washington Post
These sales data recorded by the Maryland Department of Assessments and Taxation were provided by Black Knight Financial Services. For information about other residential real estate transactions, visit www.washingtonpost.com/homesales . Comment?
Sunday Dec 7 | via WTOP-FM Washington
Less than a year after a federal appeals court ruled Freddie Mac is exempt from state and local real estate recordation taxes, the housing finance giant has sued the state of Maryland and Prince George's County for refusing to record a deed on a $58 million property sale if Freddie Mac didn't pay those levies. Freddie Mac filed a lawsuit Dec. 3 against Maryland and Prince George's County finance officials for "illegally" charging it deed transfer and recordation taxes on the 2012 sale of a District Heights apartment building. Comment?
Friday Dec 5 | via Gazette.net
Prince George's County homebuyers may be eligible for a reduced mortgage rate and up to $20,000 in down payment assistance under a new initiative to promote home ownership. Homebuyers borrowing through the Maryland Mortgage Program, an initiative of the Maryland Department of Housing and Community Development, or MDHCD, and purchasing a home in Prince George's County may receive a 0.25 percent mortgage rate discount and $10,000 down payment assistance in the form of an interest-free deferred loan. Comment?
Tuesday Nov 25 | via Patch.com
In an effort to help families find their dream homes, the MMP Triple Play Initiative will provide $100 million for down payments. For over 30 years The Maryland Mortgage Program has administered loans to homebuyers and the new initiative introduced on Nov. 20 will help continue that effort. Comment?
Friday Nov 21 | via Business Journal
Prince George's County was one of the hardest-hit parts of Maryland during the foreclosure crisis, and now a new program is aimed at boosting homeownership there. Comment?
6 min ago | via SFGate
Congress has passed a bill that will extend about 45 business and individual breaks - including the so-called charitable IRA rollover - for 2014 only. The Senate passed the Tax Increase Prevention Act of 2014 Tuesday night. Comment?
10 min ago | via The Compass
Colin Holloway stands by the newly-sided Clarenville Habitat for Humanity house. Holloway says the home should be completed by spring and volunteers are still needed to help complete the build. Comment?
26 min ago | via Chico Enterprise-Record
The Fackrell family, Karl, holding infant Conner, Angie and 4-year-old Haiden receive the keys to their new home from Kathie Sowa, West region senior vice president for Bank of America, and Scott Syphax, president of The Nehemiah Companies on Thursday, Dec. 18, 2014, during an event in which a veteran received a free home from Nehemiah Community Reinvestment Group and Bank of America in Oroville, California. Haiden Fackrell, 4, opens the door to his family's new home with his mother, Angie Fackrell, father Karl Fackrell and infant brother Conner Fackrell on Thursday, Dec. 18, 2014, during an event in which a veteran received a free home from Nehemiah Community Reinvestment Group and Bank of America in Oroville, California. Comment?
31 min ago | via Patch.com
When it comes to getting your home sold quickly, most real estate agents will agree upon the importance of 1) curb appeal and 2) interior organization/staging; however, while making the front of your home so enticing that buyers simply can't wait to see what beautiful things await them inside, it's important to remember that your property is more than a front yard, a kitchen, and a host of bedrooms. In short, when attempting to de-clutter their home, many buyers wind up boxing their extra belongings and haphazardly throwing them in the garage. Comment?
34 min ago | via UnionLeader.com
The former owners of the Owl's Nest Resort and Golf Course, who said the prospect of the Northern Pass electrical transmission project coming through their property put them out of business, have appealed to the New Hampshire Supreme Court. Comment?
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