Mortgage Rates Hit Three Percent Since reaching a low point in January, mortgage rates have risen by more than 30 basis points, and the impact on purchase demand has been noticeable. While purchase activity remains high, it has cooled off over the last few weeks and is currently on par with early March, prior to […]
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Weekly Housing Trends: Week of March 1, 2021
Weekly Housing Trends Key Findings As we move closer to the heart of home buying season, we’re starting to see some relatively promising signs in trends among sellers. While there are still fewer newly listed homes compared to a year ago, the share of newly listed homes is rising meaning that buyers are seeing […]
Neighborhoods: Towson Maryland
Towson is an unincorporated community and a census-designated place in Baltimore County, Maryland, United States. The population was 57,796 as of 2020. It is the county seat of Baltimore County and the second-most populous unincorporated county seat in the United States. Towson was officially settled in the 18th century (1752) when two Pennsylvania brothers, named […]
Weekly Housing Trends: Week of February 15, 2021
Weekly Housing Trends Key Findings Would-be buyers in 2021 have many of the same advantages and challenges that we’ve seen in a housing market that has been ultra competitive since regaining its footing after the initial pandemic dip. Lower mortgage rates make monthly payments for higher priced homes more manageable, but finding a home […]
Weekly Housing Trends: Week of February 1, 2021
Weekly Housing Trends – Key Findings • Median listing prices grew at 15.0 percent over last year, notching 23 consecutive weeks of double-digit price growth. In 2020, lower mortgage rates have blunted the otherwise dampening effect that higher prices could have on buyer demand. • New listings continue to fall behind the year-ago pace–registering […]
Energy-Efficient Trends Buyers are looking for in a Home
For move-up homebuyers having energy-efficient homes with smart features are appealing. Buyers are on the lookout for high-quality, modern systems that will save them money and shrink their environmental impact for years to come. So what are these smart features and energy-efficient homes? Some energy-efficient features include: Home Insulation- Fiberglass, cellulose, and rigid foam board […]
Neighborhoods: Kingsville Maryland
Kingsville is a semi-rural, unincorporated community and census-designated place in Baltimore County, Maryland, United States. Kingsville is a suburb of Baltimore with a population of 4,318. It is a close-knit and rustic community bounded by the Little Gunpowder Falls River and the Big Gunpowder Falls river which join to form the Gunpowder River. Kingsville is […]
Smart-Homes
According to estimates, at least one smart home application is currently in use in 41.3 million U.S. households – by 2024 this number is expected to increase to 61.5 million. Devices from the category “Control and Connectivity” are the most common – these include smart speakers (Amazon Echo, Google Home, etc.). In second place is […]