Berkshire Hathaway's expansion of its residential brokerage is an example of broader consolidation in residential real estate, as the industry works to right itself after the recession and capitalize on changes wrought by the Internet. Despite changes for brokerage firms, analysts said it's also a vote of confidence that the real estate agent – and the standard agent commission extracted from each sale – is here to stay.
The Baltimore area saw fewer homes newly listed for sale in January and February than average for the beginning of the year, when sellers are usually positioning themselves for the important spring season.
A U.S. bankruptcy court is scheduled to decide Tuesday whether to grant more time to developer Patrick Turner, who has tried for 10 years to transform a piece of the Westport waterfront from grassy marsh to a bustling downtown neighborhood.
Courtney McKeldin, daughter-in-law of former Gov. Theodore McKeldin and a well-known public servant in her own right, will step down Tuesday, Feb. 25 as Baltimore's longest serving zoning commissioner. We profile her.
People elsewhere in the nation are taking action to tackle the issue of the growing divide between the rich and poor, but here in Maryland, the richest state in the country, we have a seismic inequality problem and are doing little to address it.
A federal judge authorized a class-action suit Wednesday against The Creig Northrop Team, one of the state's largest real estate groups, after a Howard County couple accused it of running a half-million dollar kickback scheme with a title insurance company.
A 1.2 million-square-foot warehouse in Cecil County leased to Restoration Hardware sold last month between $74 and $75 million, the latest sign of strength in the area's industrial market, Cushman & Wakefield of Maryland said Monday.
The 2013 State of Housing in Black America report found that African-American homeownership dropped from 48 percent in 2007 to 43 percent today and foreclosure rates were higher among African Americans and Latinos. NAREB President Donnell Spivey said he is concerned that the recession has made many people in the African American community wary of homeownership, traditionally a safe investment and a route to the middle class.
County Executive Kevin Kamenetz's administration is asking the County Council to lease a desirable piece of downtown Towson real estate to a high-profile developer without a bid process, drawing questions from some council members and from a businessman who has sought to buy the property for two years.
One California city's controversial plan to use eminent domain to reduce the number of underwater mortgages has caught the eye of some Baltimore leaders, who say the city might benefit from the program too.
The historic Equitable Trust office building, adjacent to the courthouse, will be converted into 180 residential apartments, the latest downtown development designed to capitalize on trends that predict increased urban living.