Baltimore Region Market Report - October 2011

In the Baltimore, MD region, pending home sales are up +27% from 2010. Couple this with a declining inventory, low interest rates, and it should be a prime time for buyers. As it turns out though, tougher underwriting standards for loans is still depressing the available market somewhat.

What does the future hold? Forecast of +2.5% GDP growth, and a stronger jobs market going into 2012 bodes well for real estate in teh Baltimore, MD Region.