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Maryland housing market gaining options, and prices still high – The Southern Maryland Chronicle

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Maryland housing market gaining options, and prices still high – The Southern Maryland Chronicle


(The Heart Sq.) – Extra choices are coming to the Maryland housing marketplace for these in search of to purchase a house.

Homes haven’t been this expensive for the reason that housing bubble in 2006, in response to the Nationwide Affiliation of Realtors’ housing-affordability index, which fell to 102.5 in Could. In July 2006, the index was 100.5, the Wall Road Journal reported.

The variety of items bought within the Free State can also be dropping, Maryland Affiliation of Realtors President Craig Wolf mentioned, however costs aren’t.

“The typical value continues to leap about 10%,” he instructed The Heart Sq..

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He mentioned that first-time owners are nonetheless struggling to afford a home that was of their finances just a few months in the past. In Maryland proper now, the common house sale value is $487,000. A yr in the past, it was $442,000, in response to Wolf.

Rising rates of interest have additionally challenged affordability as properly, Wolf famous; rates of interest reached a excessive of 5.7% in June. In July, he identified the speed fell to five.3%, which is able to assist slightly.

Total, indicators present the market is slowing down because the variety of gross sales dropped 23% over a yr in the past.

“That’s an enormous quantity from one yr to a different,” Wolf mentioned.

As well as, escalations and a number of presents are beginning to ease. Sellers’ expectations haven’t caught up. He instructed of 1 dealer’s expertise with a house owner who anticipated a a lot quicker sale.

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He mentioned, “They put their home in the marketplace Friday, and the home didn’t promote by Monday, they usually have been considering canceling their settlement” with that actual property agent and discovering one other one as a result of the home took greater than three days to promote.

He added the escalated conditions stay, however they’re not as rampant.

For 2022, new listings are additionally down by virtually 1,700. Final yr the variety of new listings practically hit 12,700, whereas this yr is at simply over 11,000, in response to Wolf.

Stock sits at 1.1 months. However he expects that to alter.

“I actually consider that quantity – that 1.1 – will steadily improve all through the remainder of the yr,” he mentioned. “I consider there might be a rise in stock just because homes aren’t promoting as quick. Now that there’s slightly bit extra stability, some sellers might put their homes in the marketplace.”

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As a result of stock remains to be so low in comparison with the variety of patrons, nonetheless, Wolf doesn’t count on the rise can have any dampening impact on costs.

“It’s nonetheless a robust vendor’s market,” he mentioned. “Simply not as robust because it was a yr in the past.”






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Maryland

University of Maryland reverses decision to allow anti-Israel protest on October 7

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University of Maryland reverses decision to allow anti-Israel protest on October 7


The University of Maryland on Sunday reversed its decision to allow an anti-Israel protest on the first anniversary of the October 7 Massacre, following backlash from local Jewish groups. 

UMD Students for Justice in Palestine and UMD Jewish Voice for Peace had been set to hold their October 7 vigil for Gazans killed in the Israel-Hamas War at the campus’s Mckeldin Mall, but the University System of Maryland (USM) said in a statement that on the day of the Hamas-led pogrom it would limit campus events requiring permits or approval to those supporting “a university-sponsored Day of Dialogue.”

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“From the beginning of the war, we have come together as a University System to urge that we use this moment to encourage conversation, compassion, and civility; to engage with one another across our differences and draw on our shared humanity and our shared values to bridge what divides us,” said USM. “These dialogues aren’t new. Many of our universities have been hosting this kind of programming for several months. Reserving Oct. 7 gives us a chance to continue these urgent conversations and to mark this solemn anniversary in a way that gives students—all students—the time and space to share and to be heard.”

USM said that its intent was not to infringe of the free expression and speech of students, but to be sensitive to the needs of students as October 7 was a “day of enormous suffering and grief for many in our campus communities.”

UMD Jewish Student Union, Maryland Hillel, Terps for Israel, and Israeli American Council Mishelanu at Maryland welcomed the USM decision and thanked UMD leadership in a joint social media statement on Sunday.  

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The campus of the University of Maryland in College Park. (credit: Courtesy)

“October 7, the largest massacre of Jews since the Holocaust, is a day of mourning for the Jewish and Israeli community,” said the UMD JSU. “We are relieved that SJP will no longer to be able to appropriate the suffering of our family and friends to fit their false and dangerous narrative.”

The Jewish groups said that it was distraught that the decision to only hold university-sponsored event had to be made at all, and wished to used the campus space to “grieve together as a community” to promote unity at the university. The unideal situation was necessary, according to the Jewish groups, to ensure the physical and psychological safety of students on the day of mourning. 

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UMD JVP and SJP attacked the decision to cancel the event, claiming that the vigil for Palestinians killed since the October 7 Massacre was attacked without familiarity of the content. The anti-Israel groups said that the discourse was “the continuation inherently racist, Islamophobic, and dehumanizing rhetoric surrounding Palestinians.” JVP and SJP said that the actions against their event were an attempt to paint “Muslim, Arab, and anti-Zionist Jewish students as barbaric.”

The anti-Israel groups asserted that their vigil for Palestinians who died in the war was no threat to the campus’s Jewish community, but conflation of Zionism and Judaism did threaten UMD and the Jewish community. 

“To claim that Palestinians cannot hold a day of remembrance in mourning one year of genocide, or lay claim to that date is an insult to every life lost in the Zionist entity’s genocidal campaign,” UMD SJP and JVP said on Instagram on Sunday. “The disproportionate scale of suffering experienced by the Palestinians over the past year necessitates their remembrance and our solidarity on this day. The suffering of all innocents killed must not be monopolized and necessitates a fair and just representation.”

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SJP and JVP demanded the right to organize and exercise their right to free speech, accusing Zionists of attempting to stifle Palestinian voices.

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The organizations indicated on their Sunday Instagram post that they still planned to hold their all-day event at Mckeldin Mall, and on Monday a link to register still active and listing the campus building as the rally location. 

UMD Jewish groups said that they would be holding their own event to memorialize the victims of the October 7 pogrom at the Maryland Hillel.





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Sunshine for your Labor Day in Maryland

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Sunshine for your Labor Day in Maryland


Sunshine for your Labor Day in Maryland – CBS Baltimore

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Michigan State Has Several Things to Fix Before Heading to Maryland

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Michigan State Has Several Things to Fix Before Heading to Maryland


Michigan State’s football team emerged with a 16-10 win against Florida Atlantic, but it was far from a convincing victory. The Spartans struggled throughout the game, exhibiting a range of issues that need immediate attention if they hope to find more consistent success moving forward.

With less than a week to prepare for its next opponent, Michigan State has a critical opportunity to address these shortcomings and refine its game plan.

The win over FAU exposed several areas of concern for Michigan State, particularly on offense. The Spartans were plagued by poor execution and missed opportunities, with several drives stalling due to penalties and miscues. The offensive line, in particular, struggled to establish a rhythm, which led to limited success in both the running and passing games.

Quarterback play from Aidan Chiles was inconsistent, with errant throws and a lack of cohesion with the receiving corps contributing to the team’s inability to sustain drives and put the game away early.

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Defensively, Michigan State managed to hold FAU to just 10 points, but there were still some worrying signs. Despite the Spartans having multiple interceptions and a safety, they gave up several big plays, revealing potential vulnerabilities in the secondary and raising concerns about the unit’s ability to maintain discipline and focus throughout the game. Missed tackles and lapses in coverage could prove costly against more formidable opponents, making it imperative for the coaching staff to address these issues in the coming week.

Special teams were another area where Michigan State faltered. On multiple occasions, the Spartans gave up more punt return yards than they should have because of missed tackles.

With less than a week before its next game, Michigan State has a valuable window to regroup and make the necessary adjustments. The coaching staff will need to focus on tightening up execution across all phases of the game — offense, defense and special teams. This includes refining the game plan, improving communication and instilling a greater sense of urgency and discipline among the players.

The Spartans cannot afford to let the issues that plagued them against FAU carry over into their matchup against Maryland. If they hope to be competitive as the season progresses, the team must use this time to correct course and demonstrate growth in all facets of its game.

Don’t forget to follow the official Spartan Nation Page on Facebook Spartan Nation WHEN YOU CLICK RIGHT HERE, and be a part of our vibrant community group Go Green Go White as well WHEN YOU CLICK RIGHT HERE.

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