Realtor group agrees to cut commissions. Here's the financial impact.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
Watch CBS News
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
The surge in real estate prices, coupled with rising mortgage rates, has made buying a home prohibitively expensive in most larger cities.
While the volatility in mortgage rates remains, there are signs that the housing market is starting to stabilize.
US home prices continued to surge higher in March, as buyers raced to lock in homes before the average mortgage rate hit 5%.
The 30-year fixed-rate mortgage averaged 5.27% in the week ending May 5, up from 5.10% the week before. It is the highest since 2009 and well above the 2.96% average from this time last year.
A 15-story office tower in the heart of downtown that has sat vacant for years will be converted into an apartment building with 220 units, developer Trademark Properties and local investor Prab Thangarajah said.
Mayor Brandon Scott announced on Friday that he would steer $100 million from American Rescue Plan Act funds toward addressing the thousands of vacant and dilapidated houses that haunt Baltimore—like the one that killed three firefighters in January.
Black homeownership, at 43.4%, remains lower than it was a decade ago. And it is nearly 30 percentage points behind the white homeownership rate of 72.1%
City housing officials say that when it comes to solutions for reducing the number of vacant houses in Baltimore—from demolition to rehabilitation—the demand exceeds the resources.
The former Maryland home of boxing legend Mike Tyson recently sold for $4.575 million.
The former Maryland home of boxing legend Mike Tyson recently sold for $4.575 million.
Ravens running back Gus Edwards bought a home for his mom.
A unique home that defines floor-to-ceiling windows is on sale in Monkton for $1.7 million dollars.
This unique home in Monkton is on sale for $1.7 million.
Though housing prices have soared in many parts of the country, and inventory is way down, real estate sales may still be stronger in 2021.
At 2105 Erdman Avenue, sits a sea green two bedroom, 1.5 bath home with a Miami flair.
Each week, John Peters does yard work for neighbors, shuttles friends to doctors' appointments and works as a janitor at Crossroads Church of God.
One of the most expensive zip codes for housing in the country is in Maryland.
The Fell's Point home featured in the classic romantic comedy "Sleepless in Seattle" is on sale for $575.000.
Baltimore rent takes up to 44 percent of entry-level teachers' income, a new Zillow analysis finds.
Amazon's Virginia headquarters is years away from becoming a reality, but it's already driving up housing prices.
A Baltimore realtor is having a little fun with the recent attention the city's gotten with its rat problem.
Since 2017, there have been 164 complaints resulting in 56 correction notices and citations of a proposed $13,200 in fines, according to Baltimore County spokesman T.J. Smith.
The baseball player spent his whole 19-year career with the Orioles. He entered the Hall of Fame in Cooperstown, New York, in 1990.