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Opinion

Real estate market is looking up

After reading Jamie Smith Hopkins' recent article on underwater mortgages ("That sinking feeling," June 3), I had a sinking feeling. Ms. Hopkins used Zillow as her source of information. Zillow does not pull its information from any multiple list service in the country. They pull their information from tax records only.

Many assessments showing on tax records are wrong or outdated. To state that nearly 31 percent of homes in the Baltimore area are worth less than the mortgaged amount is just plain wrong and a very dangerous and irresponsible statement. The housing market is coming back and coming back strong.

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Recently, some homes have received multiple offers and sold above the asking price. It would be nice to see Ms. Hopkins publish a more accurate article. I have been a licensed Realtor and manager in the Baltimore area for over 30 years.

Joan Solomon, Baltimore


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