Economists See Reasons To Celebrate In 2015
Dec30

Economists See Reasons To Celebrate In 2015

Each December, economists make predictions. And each new year, they get hit by unexpected events that make them look more clueless than prescient. This year’s bolt out of the blue was the plunge in oil’s price, which no one saw coming. Still, top economists’ forecasts did get a lot right for 2014. One year ago, most were predicting healthy growth, tame inflation, low interest rates, rising stock prices and declining...

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Slideshow: Top Up-And-Coming Baltimore Naighborhoods
Dec25

Slideshow: Top Up-And-Coming Baltimore Naighborhoods

The Baltimore Sun has put together a list of the top 10 up-and-coming ZIP codes in the Baltimore area. The list was made by taking the ZIP codes with the biggest percentage increase in median sales price from 2012 to 2013, but narrowed it by selecting a median sales price from $75,000 to $240,000. > More from...

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Winter Weather And Housing
Feb02

Winter Weather And Housing

This winter has brought not only multiple snow storms, but also a cold wave that is wrecking havoc on homes and housing. Current homeowners are dealing with frozen and busted pipes, but other side effects from the Polar Vortex, and it can get costly. Future homeowners need to be diligent when buying this time of year, especially vacant homes. Preventative maintainence is the best policy so tips for winterizing a home follow: INSIDE  *...

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Housing Warnings
Nov08

Housing Warnings

As the year winds down, Housing is heating up. Not just in values but in changes coming over the next several months. If you are considering buying or selling a home in the near future, you need to be informed. Realtors, lenders, and others must also stay on top of the changes and anticipate potential hurdles. First, Fannie Mae is increasing the minimum down payment to 5% effective November 15th,2013. If you are involved in a...

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Housing Changes Coming
Oct24

Housing Changes Coming

“Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain , except death and taxes.” – Ben Franklin, 1789 Ben was certainly prescient when writing that in his letter to Jean- Baptiste Leroy , but in this world, one thing that seems to be ever changing is housing. While most are covering the new Qualified Mortgage Rule coming in...

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Government Shut Down & Lending
Oct06

Government Shut Down & Lending

As of midnight on Monday, September 30, the House and Senate were unable to resolve their differences regarding the budget , resulting in a shut down in addition to certain federal agencies furloughed. During this government furlough (I’m still wondering what defines a ” non-essential government employee”), lenders will continue to originate and close loans – if they have processed transcripts. However, please...

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