Tag: Maryland
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Maryland’s richest town is located in Montgomery County
Did you know that 24/7 Wall St. ranked Maryland, with a $70,004 median household income, as the richest state in the Union back in 2012? They also deemed the Washington DC metro area as the richest city in the country with a median household income of $86,680. According to 24/7 Wall St: “Maryland, which has…
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Maryland announces mortgage program for active duty and veterans
A $20 million initiative was announced to assist veterans and military families to buy a home. The “You’ve Earned It!” program offers low mortgage and significant down payment assistance. Governor Larry Hogan was quoted in a press release from the Governor’s office, ““I am very proud of this new initiative, which helps our brave men…
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Maryland February sales strong
The Maryland Association of Realtors reported that home sales are reaching equilibrium as February sales increased 16.3% compared to February 2014, but average home prices fell 3.8%, according to the March 24th press release. Home absorption has increased as Home listing inventory increased 7.3%, while there has been a slight decline in months of inventory.…
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