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Real Estate

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Barnes & Noble adds cafe to renovated White Marsh bookstore

Barnes & Noble will reopen its remodeled bookstore July 26 at The Avenue at White Marsh.

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Hyper Kidz signs lease for indoor playground at Waugh Chapel Business Park

Hyper Kidz, an indoor playground concept, has selected Waugh Chapel Business Park as the site for its third location in the Baltimore region.

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Pair of industrial properties in BWI area sell for nearly $3M

MacKenzie Commercial Real Estate Services has executed the sale of two industrial properties located in the central Maryland area in separate transactions for nearly $3 million. The property at 145 […]

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MCB Real Estate chooses design team for Harborplace property

MCB Real Estate Monday announced the selection of Gensler to lead the design team reimagining Harborplace in Baltimore, joined by Baltimore-based firms Sulton Campbell Britt & Associates, BCT Design Group, […]

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New mixed-use community planned for Mount Airy

Pleasants Development Monday announced its plans to build Mount Airy Crossing, a mixed-use community that will offer a blend of senior housing, single-family homes and boutique shopping and dining options, along […]

Cash is fanned out from a wallet in North Andover, Mass., June 15, 2018. (AP Photo/Elise Amendola, File)

Montgomery County to vote on anti-rent gouging bill after months of deliberations

Montgomery County Council will vote on a new rent stabilization bill Tuesday, seeking to end months of negotiations and deliberations as the county grapples with soaring rent prices.

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First Home Mortgage to open Carroll County branch

First Home Mortgage Corporation has announced the opening of a new branch office in Carroll County.

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Puttshack to open first Md. site in Harbor East

Puttshack, which bills itself as an upscale tech-infused mini golf experience, is coming to Baltimore. The company announced today that it had signed a lease in Baltimore’s Harbor East and […]

City Garage

MacKenzie lands build-out contract for Haystack’s new lab at City Garage

MacKenzie Contracting Company has won a contract to oversee the build-out for Haystack Oncology’s new U.S. base and laboratory R&D center, contained within a 20,000 square foot space at the […]

The median home price in the mid-Atlantic region was $401,000 in August, up 5.5% compared to a year ago and only slightly below the all-time high recorded in June. A lack of supply — not high mortgage rates — continues to be the biggest constraint in the market. (AP Photo/Nam Y. Huh)

Elevated mortgage rates are leading to sharply higher monthly payments even as home prices ease

The median monthly payment listed on applications for home purchase loans jumped 14.1% in May from a year earlier to an all-time high $2,165, according to the Mortgage Bankers Association. The May figure also represents a 2.5% increase from April.

The median home price in the mid-Atlantic region was $401,000 in August, up 5.5% compared to a year ago and only slightly below the all-time high recorded in June. A lack of supply — not high mortgage rates — continues to be the biggest constraint in the market. (AP Photo/Nam Y. Huh)

Long-term mortgage rate climbs to 6.81%, highest level since November

LOS ANGELES — The average long-term U.S. mortgage rate climbed to a new high for the year this week, pushing up borrowing costs for homebuyers already facing heightened competition in […]

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Builders Design to open new location in Frederick

Residential design firm Builders Design LLC has signed a lease with St. John Properties Inc. for 15,641 square feet of space at Arcadia Business Park, a 61-acre business community in […]