News From Maryland
Timely, relevant and useful information about Maryland real estate, finance and policy issues for homeowners and prospective homeowners.
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In 2015, homeowners in the Washington area enjoyed a steady real estate market. Home prices were stable, and as a result homes sold quickly and the number of homes on the market increased.
There is no question that buying a home is expensive. Although a monthly mortgage payment may be reasonable, and may be no more than a family might pay to rent a home, buyers have to come up with cash for a down payment and for closing costs. The Maryl …