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Housing Market

Home buyers, sellers face uncertainty amid Baltimore's ransomware attack

Home buyers, sellers face uncertainty amid Baltimore's ransomware attack

The sale of Lisa Kloid’s Northeast Baltimore house was moving along quickly. It went under contract in April after less than a month, and the settlement was moved up to accommodate the eager first-time buyers.

Then Kloid’s real estate agent called to tell her the May 7 ransomware attack on city government computers affected more than email and water bills. It had brought Baltimore’s real estate market to a halt. The May 16 settlement on the property was postponed indefinitely.

“I thought, you’ve got to be kidding. We were this close,” said...

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