NEWS
By Mary Gail Hare, The Baltimore Sun | June 28, 2012
The sluggish housing market and the ensuing decline in school enrollment has the Carroll County Commissioners considering a proposal to drop impact fees on new home construction for the next few years. The county collects the fees on residential construction to offset the growth-related costs of building the schools and other infrastructure needed to meet the demands of new residents. The fees, which depend on the size of a new home and can be as much as $6,000, pay to build new schools and parks and provide recreation.
BUSINESS
By Adele Evans | September 29, 2002
Phillips Fields Ten home sites remain for sale at Phillips Fields, a 26-lot development of luxury single-family homes by NV Homes in Parkton. The Colonial-style homes offered have two stories, four bedrooms, two or three full bathrooms and one half-bath. There are nine floor plans encompassing 2,491 to 5,000 square feet. Priced from $380,990 to $500,000, the homes will be on 1- to 3-acre lots. Standard features include family rooms, gas fireplaces and two-car, side-entry garages. The model will be open next month.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,Sun Staff Writer | November 3, 1994
Baltimore's new-homes market took a heavy hit during the third quarter, thanks to rising interest rates and weakened consumer confidence that has kept this year's sales dragging behind last year's.Sales of new homes in the region plunged 13 percent during July, August and September compared with last year, Legg Mason Realty Group Inc. said in a quarterly report released yesterday. Sales for the first nine months fell to 7,330, down 10 percent from the first three quarters of 1993, the report said.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,Sun Staff Writer | May 4, 1995
New-home sales in the Baltimore region fell nearly 19 percent during the first three months of the year to the lowest level of any first quarter in nine years, Legg Mason Realty Group Inc. said yesterday.Through the end of March, 2,455 new homes were sold in Baltimore and Baltimore, Anne Arundel, Carroll, Harford and Howard counties, down from the 3,017 homes sold in the first quarter of 1994, according to Legg Mason's quarterly Housing Market Profiles.That was the lowest since the first quarter of 1986, when fewer than 2,000 new homes were sold.
NEWS
By Liz Atwood and Liz Atwood,Staff Writer | December 22, 1993
There's no place like home for the holidays. And thanks to a $1 million federal grant, three Mayo families will be celebrating in new homes this Christmas."
BUSINESS
By Robert Nusgart and Robert Nusgart,SUN REAL ESTATE EDITOR | August 9, 1998
For Paul and Michele Shultz, it all happened so fast.In March, the Howard County couple stuck a "for sale" sign in the front yard of their Columbia split-level. Within hours they had a buyer and three days later a ratified contract.And last week -- just in time for their daughter's third birthday -- they moved into their new four-bedroom home in Clark's Glen in Clarksville, one of the hottest selling single-family home communities.The Shultzes' experience is typical of the phenomenon that has helped fuel the housing boom in the Baltimore metropolitan region: Buyers purchase existing homes, allowing those homeowners to move up to new, more expensive homes and prompting builders to increase production.