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Baltimore

Shutdown slows housing activity in federal worker-heavy markets

Baltimore, Government Shutdown, Home Sales, Housing Inventory, Housing Market, HWmember, Oklahoma, Politics, Real Estate, Real Estate Listings, Realtor.com, Virginia, Washington, D.C. /

The ongoing federal government shutdown is starting to weigh on housing markets with large concentrations of federal employees, according to Realtor.com’s October Monthly Housing Report. While national housing trends remain mostly steady, early signs of hesitation have emerged in metro areas such as Washington, D.C., Virginia Beach, Baltimore and Oklahoma City. “At this stage, the […]

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Suspected $100M real estate fraud scheme uncovered in Baltimore

Appraisals, Baltimore, HWmember, Legal, Real Estate, Real Estate Fraud, Title, Valuation /

A suspected real estate fraud ring involving New York-based investors has triggered a wave of foreclosures across Baltimore, according to a local report. A months-long investigation by The Baltimore Banner uncovered the scheme, which allegedly involved EGBE Ventures and related companies tied to investors Eluzer Gold and Benjamin Eidlisz. The group reportedly purchased more than

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Baltimore launches $6.2B housing redevelopment effort

Affordability, Baltimore, Bank of America, City of Baltimore, Homebuilders, Housing Market, HWmember, JPMorgan Chase, Maryland, PNC, Real Estate /

Baltimore is embarking on what civic leaders call ‘the nation’s most ambitious housing redevelopment program’ — a 15-year effort that aims to turn around more than 37,000 vacant or at-risk properties and influence market conditions for another 33,000 homes and lots. The strategy is supported by $1.2 billion in public funding commitments and is expected

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Baltimore’s push against vacant housing shows positive results

Affordable housing, Baltimore, Homebuilders, HWmember, Real Estate, Urban Institute /

Recent efforts to cut down on vacant residential properties in Baltimore have proven to be effective, according to new Urban Institute data. By 2020, the city had more than 16,000 vacant buildings and a residential vacancy rate of 7.7%. In parts of east and west Baltimore, the rate was nearly one in three houses. “Vacancy

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Century 21 grows its presence in Baltimore

Baltimore, Brokerage, Century 21, HWmember, Maryland, Real Estate, Real Estate Agents /

Century 21 Real Estate has added a new affiliate in the Baltimore area. Advance Realty Bel Air is now operating as Century 21 Advance Realty. Founded in 2005 by Terry Berkeridge, the brokerage was acquired in 2020 by Patrick Campbell, who originally joined the company in 2009. Campbell, a longtime sales professional, now leads the

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