Maryland Housing Prices, Recent Homes Sales and Comparative Values
From the category archives:
RISMEDIA, November 24, 2010—Annual single-family housing production in 2008 and 2009 fell about one million units short of the housing that would be needed in a normally functioning economy, suggesting that builders will have a lot of catching up to do as the economy improves and household formations return to trend levels, according to a [...]
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ISMEDIA, November 15, 2010—Fully half of the metropolitan areas tracked in the third quarter of 2010 continued to show modest home price increases from a year ago, despite a sharp decline in home sales after the deadline for the home buyer tax credit, according to the latest survey by the National Association of Realtors. In [...]
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RISMEDIA, November 11, 2010—The United States housing market continued its long decline in the third quarter with home values falling for the 17th consecutive quarter, according to Zillow Real Estate Market Reports. With home values 25% below their June 2006 peak, the current housing downturn is approaching Great Depression-era declines, when home values fell 25.9% in [...]
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RISMEDIA, November 9, 2010—(MCT)—A gauge of pending sales of homes fell 1.8% in September, signaling an “uneven recovery entering 2011,” the National Association of Realtors reported. The association’s pending-home-sales index fell to 80.9 from a slightly upwardly revised 82.4 in August. Pending sales reflect contracts signed between home buyers and sellers, and closing a sale usually [...]
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RISMEDIA, November 4, 2010—A flood of 600 foreclosed homes will head to the auction block in Phoenix, Tucson and Kingman from November 9-14. Hudson & Marshall, a leading real estate auction firm, will auction the properties. In a market like Arizona, where housing values have plummeted over the past four years, buyers can score significant discounts [...]
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RISMEDIA, November 2, 2010—(MCT)—The economy grew at a tepid 2% annual rate from July through September 2010, the government reported recently, slightly better than before, but not strong enough to reduce unemployment. The 2% annual rate in the third quarter was slightly stronger than the 1.7% revised rate for the previous three months, the Bureau [...]
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RISMEDIA, November 1, 2010—(MCT)—Consumer confidence rose in October, though it remains near historically low levels, with a monthly gauge compiled by the Conference Board increasing to 50.2. “Consumers’ assessment of the current state of the economy is relatively unchanged, primarily because labor market conditions have yet to significantly improve,” said Lynn Franco, director of the [...]
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RISMEDIA, November 1, 2010—The well-being of our family is a priority all year, but is especially considered during the holidays when statistics about accidents abound. Most of us, with the possible exception of Clark Griswold in National Lampoon’s Christmas Vacation, take extra precautions for the holiday season. If you’re buying or selling a home, here [...]
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RISMEDIA, October 29, 2010—(MCT)—Sales of new homes climbed 6.6% in September 2010, figures released by the federal government showed, representing the second straight month of gains, but still well below the pace when a tax credit existed. Sales of new single-family homes rose 6.6% to a seasonally adjusted annualized rate of 307,000, which is stronger [...]
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RISMEDIA, October 28, 2010—U.S. house prices rose 0.4% on a seasonally adjusted basis from July to August, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.5% decline in July was revised to a 0.7% decline. For the 12 months ending in August, U.S. prices fell 2.4%. The U.S. index [...]
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