Home Value Highwire
Sales of homes in the U.S. are at their highest level in 3 ½ years, rising 9.7 percent in the last 12 months. And the D.C. area is experiencing the same surge.
A new report finds the Maryland Tax Court failed more than 40 percent of the time to resolve homeowners' appeals of property-tax assessments within 90 days of filing.
D.C.-area rents are higher than those in New York, Los Angeles and Boston, according to data from the 2010 federal census.
More Americans moved in 2012, according to the U.S. Census Bureau. And one van line says, more people came to the D.C. area than any other city.
New data out from the George Mason University Center for Regional Analysis and RealEstate Business Intelligence show February home prices and home sales high. In fact, sales this year were at their highest February level since 2007.
In today's real estate market, there is proof that sellers have the upper hand.
Foreclosures have been weighing down the housing market locally and across the nation for years now, but in some states, including Maryland, short sales are surpassing them.
Fewer and fewer homes are going up for sale, and that low inventory is determining prices.
Foreclosures decreased last year in the D.C. region despite rising foreclosure rates in the Maryland suburbs.
Ali Velshi, CNN anchor and chief business correspondent
Ali Velshi, CNN Chief Business Correspondent
Sky-high credit scores land the best home refinancing rates but a loan officer says the deals come with extra costs.
The more options out there for people trying to buy a home, the better. But we continue to see low inventory, meaning the same home buyers are tripping over the same properties.
As home sales and prices gain strength inside the Beltway, new data shows the good news is spreading.
Ron Sitrin of Long and Foster
The housing market has been battered and bruised by foreclosures since the housing crisis began, but a new trend is shaping up. It's all because of the banks growing weary of the long foreclosure process.
Imagine buying a home, getting ready to move in and having a major catastrophe strike. It happened to one couple in Maryland.
Steve Kerch, Marketwatch editor