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BUSINESS
By Ellen James Martin and Ellen James Martin,Staff Writer | April 13, 1993
Home sales for the Baltimore market slid during March. But economists and local real estate executives blame bad weather for the drop and say the spring selling season should be strong."
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NEWS
January 6, 2009
It may be a buyer's market, but Harborplace is going to be a tough sell. General Growth Properties, the financially strapped owner of the pavilions and The Gallery, says it is looking for investors or buyers for its waterfront markets here and in New York and Boston. Buying into these projects would require deep pockets since the commercial credit market is so pinched, but as critical to the future of Baltimore's prime waterfront venue, an investor would need vision. The heart of the Inner Harbor's revitalization 30 years ago, Harborplace remains a draw for tourists.
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BUSINESS
By Ellen James Martin and Ellen James Martin,Staff Writer | May 23, 1993
Joseph Weikel, a 38-year-old attorney, smiles broadly when he talks about the deal he expects to get on the condo that he wants to buy in Howard County."
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,Sun reporter | April 11, 2007
Home sales across the Baltimore metropolitan area tumbled nearly 10 percent in March from a year earlier but the average sales price continued to rise as the region continued a fairly smooth transition from a seller's to a buyer's market, experts said. In Baltimore and the five surrounding counties, 2,866 homes sold, compared with 3,170 sales in March 2006, according to statistics released yesterday by Metropolitan Regional Information Systems Inc., a Rockville firm that tracks homes sold through the multiple-listing system.
BUSINESS
By Robert Nusgart and Robert Nusgart,SUN REAL ESTATE EDITOR | May 11, 1997
Home sales in the Baltimore metropolitan area may be slightly lagging behind last year, but for some Realtors it seems that the spring market may have awakened out of winter's grasp."
BUSINESS
March 10, 2002
Members of the Council of Residential Specialists are optimistic about 2002 home sales even as they bid farewell to last year's seller's market, according to an online survey. Forty-six percent of the 1,326 respondents expect home prices to be somewhat higher in the spring than last year, and 4 percent expect them to be much higher, according to the survey. Another 33 percent expect prices to be comparable. Another 17 percent believe that prices will decline somewhat, and 1 percent believe that prices will be much lower.
BUSINESS
By Jamie Smith Hopkins and Jamie Smith Hopkins,Sun reporter | March 14, 2007
The housing market continued to show both improvement and weakness in the Baltimore metro area last month, with some parts of the region recording strong price increases even as the average time to sell a home stretched past three months. The average Baltimore-area home sold for about $315,600, up 7.3 percent from February 2006, according to Metropolitan Regional Information Systems Inc., a Rockville company that tracks properties sold through the multiple-listing service. Prices jumped nearly 17 percent in the city and about 13 percent in Anne Arundel County, but they dropped in both Harford and Howard counties - about 3 percent and 1.6 percent, respectively.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,Sun reporter | April 11, 2007
Home sales across the Baltimore metropolitan area tumbled nearly 10 percent in March from a year earlier but the average sales price continued to rise as the region continued a fairly smooth transition from a seller's to a buyer's market, experts said. In Baltimore and the five surrounding counties, 2,866 homes sold, compared with 3,170 sales in March 2006, according to statistics released yesterday by Metropolitan Regional Information Systems Inc., a Rockville firm that tracks homes sold through the multiple-listing system.
BUSINESS
By ELLEN L. JAMES | July 26, 1992
The 150-year-old house in Ridgely's Delight with the highly polished honey floors and view of the new baseball stadium saw three prospects on one recent week. All were interested but wanted to look on. After all, they thought to themselves, "It's a buyer's market. We'll take our time."Then one Saturday a decisive attorney from Washington drove north on Interstate 95 and looked at the lovely rehabilitated house with the honey floors and snapped it up. "Boo-hoo," wailed the three prospects, who all still thought fondly of the property.
NEWS
September 5, 1995
LOOKING for a house can be a trying experience emotionally. A writer we know, who had been encouraged by reports of the current buyer's market, recently returned from a scouting expedition confused, dejected and nearly at wit's end over how difficult finding a place to live was proving.It wasn't that there weren't lots of houses on the market -- including many attractive, affordable, convenient homes in pleasant surroundings. Realtors and sellers were most cooperative. Friends and colleagues offered helpful tips about where to look for good deals.
BUSINESS
By Jamie Smith Hopkins and Jamie Smith Hopkins,Sun reporter | March 14, 2007
The housing market continued to show both improvement and weakness in the Baltimore metro area last month, with some parts of the region recording strong price increases even as the average time to sell a home stretched past three months. The average Baltimore-area home sold for about $315,600, up 7.3 percent from February 2006, according to Metropolitan Regional Information Systems Inc., a Rockville company that tracks properties sold through the multiple-listing service. Prices jumped nearly 17 percent in the city and about 13 percent in Anne Arundel County, but they dropped in both Harford and Howard counties - about 3 percent and 1.6 percent, respectively.
BUSINESS
By Nancy Jones-Bonbrest and Nancy Jones-Bonbrest,Special to the Sun | January 17, 2007
Scott Kapinos Real estate agent Pat Hiban Real Estate Group/Keller Williams Select Realty, Ellicott City Salary --$123,000 a year Age --45 Years on the job --20 How he got started --Kapinos was working for a printing company in 1985 when he purchased his first home. He decided to give the real estate business a try because he enjoyed the process, realized Howard County was an up-and-coming area and had a business background. He sold his first home within a few weeks. The first year, he sold 15 homes.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,Sun reporter | September 9, 2006
The number of houses sold in the Baltimore area fell more than 25 percent in August compared with August 2005, and prices went up less than 5 percent, leaving frustrated sellers with houses sitting on the market longer than expected. Sales in the city and five surrounding counties totaled 3,460 homes in August, down from 4,639 a year earlier, Rockville-based Metropolitan Regional Information Systems Inc. said yesterday. The area has not seen such a sharp decline in sales in any month since the MRIS began tracking data in the region in March 1999.
BUSINESS
By JUNE ARNEY and JUNE ARNEY,SUN REPORTER | April 1, 2006
The cool-off in the Baltimore-area real estate market has edged it closer to being a buyer's market than it has been in several years, though there's little chance of a big fall in home prices, according to local experts interviewed for an analysis to be released Monday. "We're coming out of a two- to three-year period when it was a seller's market," said Eric Smart, principal of Bolan Smart Associates, a real estate consulting firm and project director for the study entitled Trend Watch 2006: the Baltimore/Washington Residential Real Estate Outlook.
NEWS
By JUNE ARNEY and JUNE ARNEY,SUN REPORTER | December 30, 2005
Fat bonuses for buyers' agents. Thousands of dollars for closing costs. Prizes at open houses. Price cuts. Welcome to the new reality of the Baltimore real estate market. The double-digit price gains of the past few years continue to hold, but the froth is gone. Homes are going on the market faster than they are selling. Realtors no longer lament a "lack of inventory." Sellers no longer can expect a flood of offers and even bidding wars. As a result, marketing strategies that have lain dormant for years are again popping up. Chad Dillard doesn't need anyone to tell him that the sizzle has evaporated.
BUSINESS
March 10, 2002
Members of the Council of Residential Specialists are optimistic about 2002 home sales even as they bid farewell to last year's seller's market, according to an online survey. Forty-six percent of the 1,326 respondents expect home prices to be somewhat higher in the spring than last year, and 4 percent expect them to be much higher, according to the survey. Another 33 percent expect prices to be comparable. Another 17 percent believe that prices will decline somewhat, and 1 percent believe that prices will be much lower.
BUSINESS
By JUNE ARNEY and JUNE ARNEY,SUN REPORTER | April 1, 2006
The cool-off in the Baltimore-area real estate market has edged it closer to being a buyer's market than it has been in several years, though there's little chance of a big fall in home prices, according to local experts interviewed for an analysis to be released Monday. "We're coming out of a two- to three-year period when it was a seller's market," said Eric Smart, principal of Bolan Smart Associates, a real estate consulting firm and project director for the study entitled Trend Watch 2006: the Baltimore/Washington Residential Real Estate Outlook.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | January 6, 1996
Paul Diegelman expected a long parade of lookers traipsing through before anybody would actually buy. So he and his wife put their golf course townhouse in Columbia on the market well before they planned to move -- a year before, to be precise.Plenty of homeowners looking to sell would understand.Picky buyers, a soft market, sellers lowering prices to match owners up the street -- it had been that kind of year in Baltimore area real estate.Yesterday, year-end figures from the Greater Baltimore Board of Realtors bore this out. Sales fell 6 percent in 1995.
BUSINESS
By Robert Nusgart and Robert Nusgart,SUN REAL ESTATE EDITOR | May 11, 1997
Home sales in the Baltimore metropolitan area may be slightly lagging behind last year, but for some Realtors it seems that the spring market may have awakened out of winter's grasp."
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | January 6, 1996
Paul Diegelman expected a long parade of lookers traipsing through before anybody would actually buy. So he and his wife put their golf course townhouse in Columbia on the market well before they planned to move -- a year before, to be precise.Plenty of homeowners looking to sell would understand.Picky buyers, a soft market, sellers lowering prices to match owners up the street -- it had been that kind of year in Baltimore area real estate.Yesterday, year-end figures from the Greater Baltimore Board of Realtors bore this out. Sales fell 6 percent in 1995.
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