Maryland Housing Prices, Recent Homes Sales and Comparative Values
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Today we have this article from the Washington Post: New Home Sales Plunge to Lowest Level in 16 1/2 Years The median price of a new home in March, compared with a year ago, fell by the largest amount in nearly four decades. The Commerce Department reported Thursday that sales of new homes dropped by [...]
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WASHINGTON, April 15 – Builder confidence in the market for new single-family homes remained unchanged for a third consecutive month in April, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The HMI held at 20, up marginally from the record low of 18 set in December of 2007 [...]
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WASHINGTON, April 15 – The deepening slump in the nation’s housing markets has seriously eroded consumer sentiment and pushed the economy into a mild recession, according to the chief economist for the National Association of Home Builders (NAHB). “The worse-than-anticipated housing downturn, combined with systematic weakening of the labor market and rapidly rising energy and [...]
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