Maryland Housing Prices, Recent Homes Sales and Comparative Values
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WASHINGTON, April 16 – Builders continued to reduce the pace of new-home construction in March amidst ongoing erosion in the overall economy and credit markets, according to the latest figures released today by the U.S. Commerce Department. Total housing starts fell nearly 12 percent to a seasonally adjusted annual rate of 947,000 units for the [...]
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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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