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    Local Real Estate News
  • Lenders preying on veterans hurt other homebuyers, too
    Today, Sunday, February 18, 2018, 57 minutes ago
    Could predatory lending practices affecting veterans also be inflating interest rates paid by thousands of unsuspecting homebuyers using FHA loans? The answer appears to be yes - and the underlying abuses in home loans to veterans are prompting action by federal authorities and legislation on Capitol Hill. Here's what's happening: According to officials, some lenders active in the Department of Veterans Affairs home-mortgage program have been inducing borrowers to refinance their loans frequently in order to generate fat fees for the lenders themselves, rather than benefiting veterans with lower costs or better loan terms.
  • Charlie Latimer | Coakley Realty
    Thursday, February 15, 2018, 2:35 PM
    Latimer brings to Coakley Realty a comprehensive knowledge of both commercial and residential real estate services. Having spent his entire career in Bethesda and Washington, Latimer will focus on building Coakley Realty's commercial real estate portfolio in Rockville and Southern Montgomery County.
  • Homesnap raises $14 million for real estate intelligence
    Tuesday, February 13, 2018, 7:36 PM
    Rockville, Maryland-based Homesnap has come a long way from its days as a consumer-facing app for displaying information about local homes by taking a photo. While its current app still works this way for prospective buyers, these days its core focus is for U.S. real estate agents, and close to 75 percent of them are said to be using it.
  • Financial Comparison: WashingtonFirst Bankshares
    Thursday, February 08, 2018, 3:10 AM
    WashingtonFirst Bankshares and Merchants Bancorp are both small-cap financials companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, earnings, analyst recommendations, risk, profitability, valuation and institutional ownership. WashingtonFirst Bankshares pays an annual dividend of $0.14 per share and has a dividend yield of 0.4%.
  • Baltimore City Council to consider strict limits on Airbnb-type rentals
    Monday, February 05, 2018, 10:45 AM
    The Baltimore City Council is set to take up a bill imposing strict rules on short-term rentals made through Airbnb and other sites, sharply limiting people's ability to rent out anything other than their home. Airbnb and other platforms emerged as a way for people to rent out spare rooms in their homes but have also become a thriving market for vacation apartment rentals, creating a new industry of people who own property solely to rent through the sites.
  • Maryland home sales drop, prices increase
    Wednesday, January 10, 2018, 3:02 PM
    Home prices increased in December in Maryland even as sales dipped. The number of houses sold last month dropped 3.8 percent, according to Maryland Realtors.
  • New Maryland property assessments show continued rise in property values
    Thursday, January 04, 2018, 12:25 PM
    Home values rose an average of 5.8 percent over the last three years, according to the latest evaluations, issued Dec. 28 by the Maryland Department of Assessments and Taxation. Commercial property values rose an average of 12.7 percent during the same three-year period.
  • What Maryland needs to do to cope with the GOP tax bill
    Tuesday, December 26, 2017, 4:20 AM
    President Donald Trump has signed into law a $1.5 trillion tax overhaul package. Trump touted the size of the tax cut, declaring to reporters in the Oval Office before he signed it Friday that "the numbers will speak."
  • House approves sweeping GOP tax plan, 'majority' of Marylanders would see a cut, Harris says
    Tuesday, December 19, 2017, 11:45 AM
    A sweeping overhaul of the nation's tax laws moved closer to final approval after the House of Representatives backed the measure Wednesday on a mostly party-line vote. The $1.5 trillion legislation, which would change the way millions of Marylanders file federal income taxes, would give President Donald J. Trump his first major legislative victory of the year even as it drew sharp criticism from congressional Democrats .
  • Congress poised to approve major overhaul of federal taxes
    Friday, December 15, 2017, 6:40 PM
    President Donald Trump speaks to a group of families, Young Republicans and College Republicans at the White House, while speaking about how planned tax reforms would benefit middle class families. President Donald Trump speaks to a group of families, Young Republicans and College Republicans at the White House, while speaking about how planned tax reforms would benefit middle class families.

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