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The COVID-19 pandemic has brought about unprecedented changes in the way we work, causing a significant shift towards remote work for many white-collar employees. Downtown Baltimore, already grappling with various challenges like rising crime rates, high property taxes, underperforming transit…
Are property taxes too much? The early months of the global pandemic witnessed a significant uptick in home sales across the United States. In a striking development from the first quarter of 2020 to the second, the homeownership rate in…
Are you moving to Maryland? The decision to move often intertwines with the pursuit of new opportunities, a change of scenery, or the desire for a different pace of life. If you’re considering relocating and Maryland is on your radar,…
Raw land, the unaltered gem of the real estate market, is an intriguing option for individuals interested in diversifying their investment portfolios. The allure of its untouched simplicity combined with the vast possibilities it represents are enticing enough. But when…
Across the country, many homeowners are realizing that local tax offices are charging them far more in property taxes than their homes are actually worth. This issue is especially common in working-class and minority neighborhoods. Homes in Black and Latino…
In Baltimore, many homeowners are facing a frustrating situation due to paying high taxes. They want to sell their homes, but buyers are not showing much interest. Houses often sit on the market for months without offers. Compared to nearby…
City leaders in Baltimore are working on a plan to lower property tax rates, which sounds like good news for homeowners. But at the same time, they’re considering adding a new monthly trash collection fee. This means while your property…
Attom, a prominent national real estate and land data curator, recently made public its U.S. Home Affordability Report for the third quarter of 2022. The report offers a deep dive into the housing affordability situation in the United States. It…
Financial asset securitization investment trusts (FASITs) are a type of investment vehicle that allows for the pooling of various financial assets, such as mortgages or credit card receivables, into a single entity. These assets are then sold to investors as…
When it comes to buying or selling real estate in Baltimore, understanding the city and county’s property tax rates is crucial. With the highest property tax rate in Maryland for the 2022-2023 fiscal year, it’s essential to stay up-to-date on…
A resident of Montgomery Village experienced a significant shock upon receiving their real estate property tax assessment in December. The new figure marked an almost 25% escalation compared to the previous evaluation in 2021, eliciting a strong reaction from astounded…
Real estate investment trusts (REITs) are entities that invest in real estate and generate income through property ownership, management, and disposal. In Maryland, REITs are considered corporations for income tax purposes, as specified in Section 10-101 and Section 10-304 of…