BUSINESS
By Trif Alatzas and Trif Alatzas,SUN STAFF | April 12, 2003
Existing-home sales in the Baltimore metropolitan area rose 4.3 percent last month compared with March 2002 and the average sales price increased 9.09 percent as housing continues to help prop up the local economy. Sales in Baltimore and the five surrounding counties rose to 3,032 homes in March compared with 2,907 in the corresponding month last year, according to figures released yesterday by Metropolitan Regional Information Systems Inc., the Rockville listing company used by agents and brokers.
BUSINESS
By Andrew D. Faith and Andrew D. Faith,SUN STAFF | August 25, 2002
Strong demand and favorable affordability conditions kept total existing-home sales in Maryland at high levels in the second quarter, the National Association of Realtors reports. The state's annualized rate of sales was 115,600 in the second quarter, up 1.3 percent from the 113,500 annual rate recorded in the second quarter last year, the association reported. Maryland is among 34 states and the District of Columbia posting increases, according to the association. But data from the Metropolitan Regional Information Systems suggest that the demand for existing houses has started to decline in the Baltimore region in the third quarter.
BUSINESS
By Robert Nusgart and Robert Nusgart,SUN STAFF | October 26, 2001
Sue Pakulla was used to the bustling atmosphere of managing the Columbia office of O'Conor, Piper & Flynn ERA at a time when home sales in Howard County seemed as brisk as ever. And then it all stopped on Sept. 11. As the horror of that day unfolded, when terrorist attacks in Washington and New York stunned America, she knew the days to come would be unlike any that she had seen. "I had a difficult time, pulling people back in, away from their TV," Pakulla said. "They were all glued to their TVs, and that had a major impact on our business at that point because not only were my agents glued, but so were people who were looking to buy houses."
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | March 30, 2000
New cars and light trucks sold at a blistering pace in Maryland last month, more than double the rise in national sales, according to figures released yesterday by the state Motor Vehicle Administration. "It's mind-boggling," Chuck Boyle, president of Boyle Buick Inc. in Abingdon, said of the 35.4 percent increase in vehicle sales last month over February's sales in 1999. Boyle is also chairman of the Maryland New Car and Truck Dealers Association, which represents the majority of Maryland's 350 new-car dealers.
BUSINESS
By Robert Nusgart and Robert Nusgart,SUN STAFF | January 17, 1998
Aided by falling interest rates and strong performances in Howard and Harford counties, the Baltimore metropolitan area posted a 15 percent increase in completed sales of existing homes for December.It was the fourth straight month of increased homes sales for the area, according to statistics released yesterday by the Maryland Association of Realtors.Not included in the statistics were final sales from the Anne Arundel Multiple Listing Service, which were unavailable.Howard County had its best month of 1997, showing a 37 percent gain over December 1996.
BUSINESS
By Robert Nusgart and Robert Nusgart,SUN STAFF | June 12, 1997
Baltimore-area home sales for May had a slight 2 percent drop from the same period a year ago, but pending contracts -- an indication of future activity -- dropped significantly, leaving an economist and two Realtors confused over where the market is going.According to statistics released yesterday by the Metropolitan Regional Information System, Baltimore, Carroll and Howard counties all showed an increase in settled transactions last month. Carroll and Howard were up 5 percent each, and Baltimore City was up 2 percent.