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Maryland Records First Year-Over-Year Spike in Monthly Home Sales in Nearly 3 Years

Maryland Records First Year-Over-Year Spike in Monthly Home Sales in Nearly 3 Years

by Phil Hall | May 13, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Maryland recorded 5,839 home sales in April, a 2.4% increase from 5,704 units one year earlier and the first year-over-year increase since August 2021, according to new data from Maryland Realtors. The total number of units pending grew 9% to 7,112 units. However,...
Maryland Records First Year-Over-Year Spike in Monthly Home Sales in Nearly 3 Years

Maryland Home Sales Down Nearly 14%

by Phil Hall | Apr 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Maryland declined year-over-year by 13.9% last month, according to new data from Maryland Realtors. During March, a total of 5,104 units were sold in the state, down from 5,929 in March 2023. Although pending sales inched up by 2.9% during March from one...
Hits and Misses for the Real Estate Week of April 8-12

Hits and Misses for the Real Estate Week of April 8-12

by Phil Hall | Apr 12, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An upswing in housing costs, a renewed concern over real estate agent safety and a tax hike for Boston’s commercial properties. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 8-12. Miss: A Dent in the Wallet....
The State with the Greatest Increase in Mortgage Debt Is…

The State with the Greatest Increase in Mortgage Debt Is…

by Phil Hall | Mar 21, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data study from WalletHub that analyzed mortgage debt levels among the states between the third and fourth quarters of 2023 has found Maryland as the national leader in percentage terms, with the average balance rising by 1.23% to $283,092. WalletHub noted that...
Comstock Completes $1.5 Million Acquisition of DC-Area Parcel for Luxury Housing

Comstock Completes $1.5 Million Acquisition of DC-Area Parcel for Luxury Housing

by Phil Hall | Dec 27, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Comstock Holding Companies Inc. (NASDAQ: CHCI), an asset manager, developer and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, has completed is $1.5 million acquisition of an 18,150-square-foot land parcel located at 41 Maryland...
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