Mortgage Debt Down, Other Types of Debt Up, Fed Study Finds

An article by Michael Neal published on the National Association of Home Builders (NAHB) website, reveals that overall consumer debt fell in the second quarter of this year, but only due to decreased mortgage and home equity lines of credit (HELOC) balances. Other forms of consumer debt, including auto loans, student loans, and other credit […]

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Howard County Home Sales – Volume Down, Pending Sales Up

Howard County is facing a glut of active listings. There are currently 1,321 homes on the market, up nearly 44% from last year. Combined with the decrease in homes sold – 355 last month, compared to 396 last July, a drop of over 10% – and it’s even more impressive that prices are remaining steady.

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Montgomery County Days on Market Up, Sales Down

Montgomery County’s residential home sales are starting to show some signs of strain. Days on market have been creeping up, currently sitting at an average of 39 days, up from 35. While homes still sell in Montgomery County relatively quickly, it’s a sign of a slower market than last year’s.

Montgomery County has significantly fewer […]

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