From the office of Del. Mary-Dulany James:
January 29, 2010
Friends,
Today marks the end of the third week of session. It has been a busy week full of hearings, legislation, and meeting with colleagues and constituents. I am happy to announce that I have submitted some key pieces of legislation for this year. You can find the list of bills I am sponsoring by clicking here.
Real Estate Taxes: I will be sending this press release next week but I wanted all of you to see it first:
Delegate James introduces legislation to help property owners battle unfair real estate taxes.
Annapolis- February 1, 2010-. Delegate Mary-Dulany James is sponsoring the following 3 bills that could bring tax relief to property owners:
· The first is a bill that will require the property tax appeals board to take the value of the property at the time of appeal, rather than the time of ...Continue Reading
Tags: delegation, general assembly, james, real estate, tax
Using the MRIS search available on the Baltimore Sun’s website, The Dagger was able to gather home sales data which compares the market conditions from the first half of 2007 to the first half of 2008.
At first glance, it appears that Edgewood and Forest Hill have been hit the hardest by the real estate slump. Could Edgewood’s decline be due to the increase in violence (or at least it’s media coverage)? Maybe it’s just because a large townhouse development opened in early 2007? What about Forest Hill? Were the homes overpriced compared to the surrounding areas that did not experience similar price drops?
21001, ABERDEEN
January – June 2007
Number of sales: 135
Average price: $217478
January – June 2008
Number of sales: 89
Average price: $211860
Price change: -3%
Sales change: -34%
21009, ABINGDON
January – June 2007
Number of sales: 345
Average price: $265622
January – June 2008
Number of sales: 249
Average ...Continue Reading
Tags: harford county, home sales, MRIS data, real estate
Since the housing market began its dramatic landslide last year, I’ve been pushing my fiancé to buy a house under the impression that this may be the most affordable time for first-time buyers. There’s a lot of real estate out there for sale, most of which has been sitting stagnant for several months. The lenders and agents continue to harp that this is a buyer’s market. And they’re right—it’s the best time to be a buyer if you’re not trying to sell a house first and have 20 percent to put down.
Being 20-Something Today
I’ve learned a lot since I started looking at homes, and one of those lessons is that unless you can put 20 percent down on a house, you’re monthly mortgage is going to be painful. There isn’t a lot of incentive for young people just getting started to do anything other than ...Continue Reading
Tags: agent, dagger, dagger press, foreclosure, housing, mortgage, real estate, rent
