Tag Archives: Baltimore Condos

Harbor East: A Profile

“Harbor East” is the buzzword around Baltimore when it comes to the hip, the new, and ‘the latest’ for a great night out. However, what you may not be aware of are the great living opportunities in this tight little spot in this mixed-use, urban harbor development.
In 1986, H&S Properties Development Corp purchased the tract in 1986.  Assistant development manager Christopher H. Janian says that “First and foremost, Harbor East was intended to be a self-sufficient neighborhood for native Baltimoreans, a multiuse development modeled after New York City-style streetscapes.”
New York …

by Anthony Longo on March 1, 2010

Mayor Promises No Rise in Baltimore Property Tax

Baltimore Sun photo by Algerina Perna
Brand new Mayor Stephanie Rawlings-Blake addressed the city yesterday in her first state of the city address since her election, as reported by The Daily Record last night. Her mainly economic speech focused on the budget woes of Baltimore (the city has accumulated a $120 million budget deficit). Most notably, she stated that the deficit is in fact equal to a 36-cent raise in the property tax – however, she pledged to avoid raising the property tax in Baltimore, telling City Council that “if we …

by Anthony Longo on February 23, 2010

Baltimore Ritz-Carlton Condos Refinanced

View from the Baltimore Ritz-Carlton

If you’re looking to buy in the super-luxury market in Baltimore, you’re in luck – the Ritz-Carlton has avoided its debt crisis.
RXR Realty, the developer for the beautiful new Ritz-Carlton on the Inner Harbor, recently announced that it has secured a $176 million loan to refinance the project, as reported by the Baltimore Sun just yesterday. This step will allot RXR a three-year extension to market the many unsold units. In fact, only 23 of the 190 units have been sold since its opening (most famously to novelist Tom Clancy).
The …

by Anthony Longo on February 19, 2010

More Good News for Baltimore Market

Harborview

A couple recent reports offer further encouragement concerning the real estate market in Baltimore!
1. The Baltimore Sun recently reported that “more homes were sold last month – and for more money on average – than a year earlier in the Baltimore metro area.”
Metropolitan Regional Information systems released the numbers Wednesday, and it’s good news. Home sales are up 9% from last January: about 1,100 were sold, and the average sale price increased by just over 2 percent at $272,000. Furthermore, “average buyers last month got homes for about 11 percent …

by Anthony Longo on February 12, 2010

Top Ten Reasons to Own a Condo in a Blizzard

East Lombard Covered in Snow

Trapped in the snow? Furious at the pace of slow plowing? Well, here’s a few reasons to appreciate your condo – or, a few reasons to invest in one.

by Anthony Longo on February 10, 2010

Baltimore Listed as One of the Best Cities For Retirement!

Bikers looking over Baltimore

Baltimore has recently been listed as one of the top urban locations for retirement. In Baltimore, Mt. Vernon has historically been listed as one of the best neighborhoods for retirement – or, for living in general. Listings for Baltimore condos are available with CondoDomain!

by Anthony Longo on February 10, 2010
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