Maryland

Home sales in Baltimore plunged in May amid the recent ransomware attack on city government computers, including those essential for completing real estate transactions.

Many community banks have given up on national mortgage platforms as not worth the effort, but organizers of NXG Bank in Maryland say they have a plan to make one work.

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.

The tightest housing markets in the U.S. are unwinding in time for the key spring selling season, giving buyers an edge for the first time in years, a Trulia study said.

McLean Mortgage is not going forward with a potential sale to Congressional Bank in Bethesda, Md., saying an agreement that made sense for all parties wasn't possible.

In Baltimore, single women own about 24% of all owner-occupied homes in the city, outnumbering single male homeowners, who account for about 11%, according to a LendingTree report.

New Fed Mortgage's pending acquisition of Commonwealth Mortgage LLC will allow it to expand its geographic footprint outside of New England.

The median sale price for a home in the Baltimore region ticked up in November from October, reversing a three-month slide in prices.

The median sale price for homes in the Baltimore region dropped $10,100 from September to October and remained unchanged from a year ago.

Amazon will choose two locations for its new headquarters, according to the Wall Street Journal, which cited an unidentified person familiar with the matter.

Housing prices continued their upward trend in August in the Baltimore metro area, with a median sales price of $280,000, up 5.7% from a year ago.

The relative shortage of houses for sale in the Baltimore region continues to push up sales prices, with the median price of a home in July up 2.6% from this same month last year to $277,000.

Baltimore had the highest share of distressed home sales of any city in the country, according to Attom Data Solutions.

Baltimore-area home sale prices were up again in May, with the stock of homes for sale continuing to decline, according to data provided by MarketStats by ShowingTime based on listing activity from Bright MLS.

Gary Klopp of Nottingham, Md., was ordered to pay more than $525,000 and temporarily barred from working in the mortgage industry by a U.S. District Court judge for violating a previous court order, according to Maryland Attorney General Brian Frosh.

Nationstar Mortgage has agreed to refund or reverse more than $1 million in inspection fees, settling allegations by Maryland officials it illegally charged homeowners.

Home sale prices in the Baltimore region continued their upward march in April, with the median price hitting $267,900, as the inventory of homes listed for sale remained tight.

The next Baltimore County executive will be responsible for fulfilling a promise made by the current one: Enticing developers to build 1,000 homes for low-income families.

The program is aimed at increasing homeownership in neighborhoods where soaring rents have left tens of thousands of low- and moderate-income tenants trying to live in Baltimore without being one of the nearly 7,500 tenants who get evicted each year.

Baltimore area home prices rose 6.5% in February from the same time a year ago, reflecting more closings and less inventory.