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FHA Refinance – Part I

Welcome to my refinancing experience. As you may have heard, refis are all the rage, so it’s no surprise that I’m doing it, too. This short series will detail my experiences as I try to do what many homeowners are hoping to do right now, which is refinance their home and lower their payments. My [...]

Details on First-Time Home Buyer Tax Credit

Is the economic stimulus package just another band-aid to stem a wound that requires a tourniquet? Late Wednesday, the House passed President Obama’s $820 billion stimulus plan and next week, it goes before the Senate. According to CNN, part of the stimulus bill is a $7,500 tax credit for first-time homebuyers, which is legislation that [...]

Baltimore Housing Market December 2008

Baltimore City, MD Housing Recap for December 2008 Month Nov-2008 Dec-2008 % Change % Sold Price to Asking Price 101% 95% -6% Sold Homes 302 296 -2% Listing Price Per Home $ 192,822 $ 185,129 -4% Sold Price Per Home $ 193,840 $ 175,740 -9% Sold Price Per Sq Ft $ 159 $ 131 -18% [...]

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