In 2024, the Maryland General Assembly convened on Jan. 10 and adjourned on April 8.Maryland Realtors issued a recap of all the pertinent legislation affecting the real estate industry. Below is the summary ...
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Projects funded through housing tax credits
The Maryland Department of Housing and Community Development announced this week more than $48.2 million in funding to 13 projects through federal Low Income Housing Tax Credits and state Rental Housing ...
Read moreLicensed, nonlicensed broker duties differ
Real estate brokers in Maryland are required to exercise reasonable and adequate supervision over the provision of real estate brokerage services by any other individual acting on behalf of the broker, ...
Read moreHousing bill passes in General Assembly
The Maryland General Assembly convened on Jan. 10 and adjourned, called “Sine Die, this past Monday, on April 8. The General Assembly wrapped up their session by passing a meaningful housing bill, HB ...
Read moreAI’s features impacting real estate industry
Artificial intelligence, widely known as AI, is quickly entering and altering the real estate industry. It’s wide range of capabilities can greatly increase efficiency and improve productivity.The National ...
Read moreMD program offers homeownership options
The Maryland Department of Housing and Community Development announced earlier this month that applications are open for the Utilizing Progressive Lending Investments to Finance Transformation, or UPLIFT, ...
Read moreAgency form explains representation types
The Understanding Agency form in the state of Maryland defines the following distinctions in agency representation:Agents who represent sellersSeller’s Agent: A seller’s agent works for the real estate ...
Read moreWeekly report confirms rising listing trend
Bright MLS provides a Weekly Market Report giving up-to-date listing and showing information that help real estate agents track market activity in real time. This week’s report shows that listings are ...
Read moreFlood Insurance Mitigation Discount tool
FEMA's individualized approach to risk assessment is built on years of investment in flood hazard information, and one of the tools they provide for homeowners is their Flood Insurance Mitigation Discount ...
Read moreAssessment appeal options offered by state
With property assessments on the rise, owners might be wondering what their options are if they disagree with the values the county assessment office has calculated.Assessments are normally received every ...
Read moreUnderstanding hazard insurance
The National Association of Realtors recently released a report about the differences between hazard insurance and homeowners insurance.As articulated, hazard insurance is specifically designed to offer ...
Read moreFirst-time homebuyer savings accounts may be expanded
Back in 2021, the Maryland legislature passed a bill that created first-time homebuyer savings accounts.The account is a way that a first-time homebuyer can save for the purchase of a home and receive ...
Read moreTrends of real estate context index survey
The National Association of Realtors conducts a Realtors Confidence Index Survey that gathers information from Realtors about local market conditions based on their client interactions.The December ...
Read moreMd. law on EMDs no longer same
As of last October, Maryland’s law regarding return of earnest money deposits, or EMDs, has changed.The new provision of the Real Estate Brokers Act applies to EMDs delivered to the title company or broker ...
Read moreNew law addresses discrimination
In 2020, Maryland added “source of income” as a protected class.The laws addressing source of income discrimination in Maryland are as follows: “source of income” means any lawful source of money paid ...
Read moreRecent Posts
- Legislative bills to impact industry
- Projects funded through housing tax credits
- Licensed, nonlicensed broker duties differ
- Housing bill passes in General Assembly
- AI’s features impacting real estate industry
- MD program offers homeownership options
- Agency form explains representation types
- Weekly report confirms rising listing trend
- Flood Insurance Mitigation Discount tool
- Assessment appeal options offered by state
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