Maryland
California, Maryland weekly real estate update – The Southern Maryland Chronicle
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As inflation continues to surge and with the chatter of an impending financial downturn within the air, mortgage charges are rising rapidly in 40 years, with a 30-year fixed-rate mortgage final week reaching the very best level since 2009 at 5.53%.
Customers are being stretched skinny attributable to inflation—from the fuel pump to the grocery retailer—and are beginning to decelerate their spending from final 12 months. Specialists anticipate an actual property decelerate within the subsequent couple of quarters: 70 regional housing markets have a greater than 40% probability of seeing costs for houses dip within the subsequent 12 months, in line with CoreLogic evaluation of the largest regional housing markets within the U.S.
That will help you keep present available on the market, ZeroDown compiled a weekly actual property market report utilizing information from Redfin. Statistics are as of the 4 weeks ending Might 15, 2022. Metros with greater than 50 houses offered throughout this time interval had been thought-about for metro-level rankings for every statistic.
Median gross sales value
California, MD metro space:
- Median gross sales value: $388,134
- One-year change: +15.5%
Metros with the very best median gross sales value
#1. San Francisco, CA metro space: $1.7 million
#2. San Jose, CA metro space: $1.6 million
#3. Santa Cruz, CA metro space: $1.3 million
Metros with the bottom median gross sales value
#1. Saginaw, MI metro space: $118,475
#2. Carbondale, IL metro space: $127,150
#3. Cumberland, MD metro space: $127,825
Median gross sales value per sq. foot
California, MD metro space:
- Median gross sales value per sq. foot: $174
- One-year change: +10.7%
Metros with the very best median gross sales value per sq. foot
#1. San Francisco, CA metro space: $1,106
#2. San Jose, CA metro space: $974
#3. Kahului, HI metro space: $934
Metros with the bottom median gross sales value per sq. foot
#1. Carbondale, IL metro space: $79
#2. Cumberland, MD metro space: $87
#3. Peoria, IL metro space: $87
Gross sales to checklist value ratio
California, MD metro space:
- Common gross sales to checklist value ratio: 1.01
- One-year change: +0.01
Metros with the very best gross sales to checklist value ratio
#1. Rochester, NY metro space: 1.15
#2. Oakland, CA metro space: 1.14
#3. San Jose, CA metro space: 1.13
Metros with the bottom gross sales to checklist value ratio
#1. Carbondale, IL metro space: 0.97
#2. Utica, NY metro space: 0.97
#3. Gadsden, AL metro space: 0.97
Properties offered with value drops
California, MD metro space:
- Properties offered with value drops: 7.9%
- One-year change: -2.4%
Metros with most houses offered with value drops
#1. The Villages, FL metro space: 28.0%
#2. Beaumont, TX metro space: 27.9%
#3. New York, NY metro space: 26.6%
Metros with least houses offered with a value drop
#1. Carbondale, IL metro space: 0.0%
#2. Springfield, IL metro space: 0.0%
#3. Hanford, CA metro space: 0.0%
Off-market in two weeks
California, MD metro space:
- Off-market in two weeks: 37.0%
- One-year change: -12.2%
Metros with essentially the most houses off-market in two weeks
#1. Rochester, NY metro space: 88.0%
#2. Olympia, WA metro space: 87.8%
#3. Seattle, WA metro space: 87.3%
Metros with the least houses off-market in two weeks
#1. Oshkosh, WI metro space: 1.9%
#2. City Honolulu, HI metro space: 2.7%
#3. Morristown, TN metro space: 3.1%
Months of provide
California, MD metro space:
- Months of provide: 7.6 months
- One-year change: +0.7 months
Metros with essentially the most months of provide
#1. Brownsville, TX metro space: 35.7 months
#2. New York, NY metro space: 19.4 months
#3. Atlantic Metropolis, NJ metro space: 18.4 months
Metros with the least months of provide
#1. Portland, ME metro space: 3.2 months
#2. Lewiston, ME metro space: 3.6 months
#3. Jacksonville, NC metro space: 3.7 months
This story initially appeared on ZeroDown and was produced and distributed in partnership with Stacker Studio.
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Maryland
Maryland Weather: Be on Alert for Isolated Severe Thunderstorms
![Maryland Weather: Be on Alert for Isolated Severe Thunderstorms Maryland Weather: Be on Alert for Isolated Severe Thunderstorms](https://assets3.cbsnewsstatic.com/hub/i/r/2024/08/31/db188193-9445-4db6-b5f6-75d22236cdc7/thumbnail/1200x630/5ee9396955f78bcf9e2a56ead12e6e78/capture.png?v=25685eaa472b1a5dbb5bd46ae506d232)
BALTIMORE – Scattered showers will give way to mostly cloudy skies Sunday, with a chance for isolated severe storms.
Expect overnight lows in the 70s after a warm air mass moved through. A cold front will bring another chance for an isolated strong storms on Sunday. The day won’t be a washout, there is the possibility of active weather in the afternoon and evening.
The front will bring bright sunny skies for Monday with low humidity. Perfect weather for the afternoon barbecue or last summer activity. Kids getting back to school this week should expect refreshing temperatures… possibly even a little chilly with overnight lows in the 50s.
High pressure will control our weather for the middle of the week. Expect sunny skies and low humidity through Friday. Overnight lows Tuesday and Wednesday will be in the mid 50s, with afternoon highs in the upper 70s. The chance of showers returns late Friday.
Maryland
Maryland Weather: Severe Storms Moving in From West
![Maryland Weather: Severe Storms Moving in From West Maryland Weather: Severe Storms Moving in From West](https://assets2.cbsnewsstatic.com/hub/i/r/2024/08/31/422a855f-71c5-4f72-89e9-eaf7e2840b03/thumbnail/1200x630/74b3d1b1856d7b1a33196394c2d71589/capture.png?v=25685eaa472b1a5dbb5bd46ae506d232)
BALTIMORE – Severe storms have been plaguing western Maryland this afternoon. They are on the move east and will push into Carroll County near the 6pm hour. These storms have a history of producing winds capable of downing trees. We are also seeing heavy rain and lightning.
Most of the activity will push north and south of the forecast area surrounding Baltimore with the marine layer or stable air mass keeping the severe weather west of the mountain regions.
The warm front associated with the severe weather is bring warm, humid air in overnight. Expect overnight lows in the low 70s with scattered showers and isolated severe storms.
A secondary cold front will bring another chance for an isolated strong storms on Sunday. The day won’t be a washout, there is the possibility of active weather in the afternoon and evening.
The front will bring bright sunny skies for Monday with low humidity. Perfect weather for the afternoon barbecue or last summer activity. Kids getting back to school this week should expect refreshing temperatures… possibly even a little chilly with overnight lows in the 50s.
High pressure will control our weather for the middle of the week. Expect sunny skies and low humidity through Friday. Overnight lows Tuesday and Wednesday will be in the mid 50s, with afternoon highs in the upper 70s. The chance of showers returns late Friday.
Maryland
How to watch Maryland football vs. UConn
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Maryland football is back and kicks off its season at home against UConn on Saturday.
The Terps will take on the Huskies for first time since 2013, when Maryland won, 32-21. The Terps are coming off an 8-5 season, in which they won their third straight bowl game, while UConn is coming off a disappointing 3-9 season and looking to play spoiler on the road.
With a victory, Maryland will move its week one winning streak to five games.
The numbers
Maryland: 0-0
UConn: 0-0
All-time series: Maryland leads, 2-1
DraftKings Sportsbook line: Maryland -19.5, O/U 44.5
How to watch and listen
When: Saturday, Aug. 31, 12 p.m. ET
Where: SECU Stadium, College Park, Maryland
TV: Fox Sports 1 — Connor Onion (play-by-play), Mark Helfrich (analyst)
Radio: 105.7 FM (Balt) / 980 AM (DC) – Johnny Holliday (play-by-play), Steve Suter (analyst), LaMont Jordan (sideline)
Streaming: Fox Sports
Catch up before the game
Previewing Maryland football’s season opener against UConn
Predictions for Maryland football’s 2024 season: Top players, bold takes and more
Breaking down every game on Maryland football’s schedule
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