Home prices notched a second week at a single-digit pace after 50 consecutive weeks of growth in the double-digit range. While this marks a key buyer-friendly milestone, home prices remain high and price growth is faster than we typically see. Furthermore, data suggest that some of the apparent price moderation is due to a shift in […]
First Time Homebuyer
First Time Homebuyer
Weekly Housing Trends: Week of July 19, 2021
At first glance, the housing market seems to be singing the same refrain, not enough homes for sale leads to rising prices, fast selling homes, and frustrated home buyers. On closer inspection, however, the refrain is not exactly on repeat. Although prices continue to rise and there are fewer homes for sale, the number of […]
Neighborhoods: Belcamp, Maryland
Neighborhood: Belcamp, MD As a small coastal town in Maryland, Belcamp is located south of U.S. Route 40. If you want to live close to Baltimore but still maintain the small-town lifestyle then this is the perfect spot for you. Belcamp is only 27 miles from the center of the city. The term “Riverside” is […]
Weekly Housing Trends: Week of July, 12, 2021
After taking a break before the Independence Day holiday, home sellers were back this week. As we see more sellers, some housing market trends are gradually shifting in buyers’ favor. Although asking prices ticked up, we saw a smaller decline in homes for sale, and time on market was steady–both buyer-friendly trends. Buyers may be […]
Neighborhoods: Baltimore City
Neighborhood: Baltimore City, MD Baltimore is Maryland’s largest city and economic hub. It’s known for its beautiful harbor, quirky neighborhoods, educational museums, and great healthcare systems. The city was named after the 2nd Baron Baltimore who was an Anglo-Irish member of the Irish House of Lords and founding proprietor of the Province of Maryland. Before […]
Weekly Housing Trends: Week of July 5, 2021
This week’s data point to a return to summer activities beyond the housing frenzy heading into the holiday week. This means fewer new sellers and a slowing, but still unusually high pace of home price growth. For buyers, it’s still a tough housing market demanding quick decisions and top dollar, but the shift in momentum […]
Neighborhoods: Glen Burnie, Maryland
Glen Burnie is a medium-sized coastal town with a mixed workforce (both blue-collar and white-collar jobs). A lot of the residents in Glen Burnie work in sales jobs, administrative support, or management occupations. Glen Burnie has a lower-middle-income relative to Maryland but an upper-middle-income relative to the rest of the United States. It’s also considered […]
Weekly Housing Trends: Week of June 21, 2021
This week’s data point to an inflection in real estate activity, suggesting that we may have made it past the peak of this hot housing market. Last week marked the first time in almost four months that the decline in time-on-market has moderated, a sign that some properties are sitting slightly longer on listing […]
Neighborhoods: Cockeysville, Maryland
Cockeysville is a medium-sized town located in Maryland. It has a mixed workforce of white and blue-collar workers with almost half of the adults in Cockeysville holding a bachelor’s or advanced degree. The housing costs in Cockeysville are among the most expensive in the nation and the per capita income in the town is roughly […]
Weekly Housing Trends: Week of June 14, 2021
This week’s data suggests that the dip in new sellers last week was in fact temporary, with the trend bouncing back this week. On top of this, new sellers and new construction are starting to make an impact on the overall availability of homes for sale. With the number of available homes for sale still […]
