Baltimore Housing Market is Heating Up

by Matthew Grayson 24. February 2014
Even though it is still February and Mother Nature seems to continuously be dumping snow on us, winter will not last forever. As we look forward to emerging from our homes this spring, there are exciting signs that Baltimore’s housing market will be heating up this spring and through 2014! Baltimore Metro Area - 10 Hottest Housing Markets for 2014 A forecasted median home price gain of 8% through September 2014 (following a 5% increase in the past 12 months) should be exciting news for hom... [More]

Record Low Mortgage Rates a Thing of the Past

by Anirban Basu 19. August 2013
It was only a Matter of Time We knew they wouldn’t last forever. An extraordinary confluence of circumstances, including a deep recession, deflationary forces and hyper-aggressive monetary policy, produced the lowest mortgage rates in history. As of July of last year, interest rates on benchmark 30-year fixed-rate loans were hovering around 3.5 percent, sometimes lower. They bottomed out at the end of November, when rates hit an unheard of 3.31 percent according to the Freddie Mac Prim... [More]

Out of the Frying Pan, into the Fire

by Anirban Basu 16. January 2013
U.S. Avoids Fiscal Cliff but Familiar Challenges Remain With the noteworthy exception of the nation’s still expanding national debt, 2012 will be viewed by economic historians as predominantly a year of progress. Financial markets performed, the number of jobs expanded, unemployment fell, auto sales surged, housing prices stabilized and consumers were active. According to the most recently revised estimate supplied by the Bureau of Economic Analysis, national gross domestic product expan... [More]


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