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    • Rick Proctor and Donna Macbrayne

      Long and Foster Real Estate

      office 410-461-1456

      cell 410-458-3301

      cell 410-458-3290

      donna.macbrayne@longandfoster.com

      rick.proctor@longandfoster.com

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msnbc.com: Real estate

Mortgage rates tumble to record low

Wed, 31 Dec 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/7148582/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/MSNBC/Components/Interactives/Business/Economy/Mortgage_rate_081231.thumb.gif" alt="" style="margin:0 5px 5px 0" /></a>Rates on 30-year mortgages fell to a record low for the third straight week and borrowers took advantage of the drop, sending new applications soaring.</p><br clear="all" />


Mortgage applications at 5-year highs

Wed, 31 Dec 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/28448806/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/MSNBC/Components/Interactives/Business/Economy/Mortgage_rate_081231.thumb.gif" alt="" style="margin:0 5px 5px 0" /></a>Mortgage applications were at their highest level in more than five years last week, as borrowers took advantage of attractive rates and rushed to refinance their home loans.</p><br clear="all" />


Home prices tumble record 18 percent

Tue, 30 Dec 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/28433704/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/ap/2d100132-0be9-444b-9fc8-1b162cd43230.thumb.jpg" alt="The Standard &amp; Poor's/Case-Shiller 20-city housing index fell by a record 18 percent from October last year, the largest drop since its inception in 2000." style="margin:0 5px 5px 0" /></a>The Standard &amp; Poor's/Case-Shiller 20-city housing index released Tuesday fell by a record 18 percent from October last year, the largest drop since its inception in 2000.</p><br clear="all" />


Green building stalls amid lower prices

Sun, 28 Dec 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/28393619/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/MSNBC/Components/Photo/_new/081226-low-energy-homes-hmed-5p.thumb.jpg" alt="The ultramodern town homes at &quot;Galleries at Turney&quot; in Phoenix, Ariz., are selling while similar projects have struggled to find buyers." style="margin:0 5px 5px 0" /></a>Homebuilders slapped on solar panels and added other eco-friendly enhancements as energy prices soared earlier this year, hoping greener homes would lure reluctant buyers.</p><br clear="all" />


U.S.-style suburbs are hot overseas

Sun, 28 Dec 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/28391726/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/ap/5e91d5d2-9249-42e5-8e59-3f9d80165924.thumb.jpg" alt="This undated image provided by F+A Architects shows an overview of the &quot;Napa Valley&quot; housing development in Beijing, China. " style="margin:0 5px 5px 0" /></a>Architect Andy Feola keeps running into Southern California colleagues in some of the world's most exotic locations — from the Egyptian desert to China to Azerbaijan.</p><br clear="all" />


Advice for renters if landlord faces foreclosure

Fri, 26 Dec 20 ...MORE

You're paying your bills, but your landlord isn't. This is becoming an all too familiar scenario for thousands of renters who have become the unintended victims of foreclosures.


Mortgage applications near 5-year high

Wed, 24 Dec 20 ...MORE

Mortgage applications spiked to highest level in five years, as borrowers took advantage of dropping rates after the government pledged to funnel money into the mortgage market.


Housing market's woes could get worse

Tue, 23 Dec 20 ...MORE

Despite aggressive government efforts to lower mortgages rates, other forces appear to be  prolonging one of the nation’s deepest housing downturns on record.


Home prices plunge as sales slow sharply

Tue, 23 Dec 20 ...MORE

Sales of new and existing homes plummeted in November, as buyers stayed out of the market amid the growing financial crisis and deepening recession.


Mortgage re-defaults up; no sign of slowing

Mon, 22 Dec 20 ...MORE

The rate of home mortgage borrowers defaulting after their loans are modified is rising and shows no signs of leveling off, U.S. banking regulators said on Monday.


500 contest winners get mortgage relief

Mon, 22 Dec 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/28356535/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/ap/58df0063-2249-4dba-815e-46f860bd13e2.thumb.jpg" alt="The Feterowskis — Gottwald, Michael, Christopher and Christine —of East Bridgewater, Mass., got a phone call from ING Direct saying their January mortgage payment of just over $1,500 was being paid for by the bank." style="margin:0 5px 5px 0" /></a>One bank is playing Santa for 500 lucky homeowners in this season of foreclosures and sinking home values — a gesture paid in part by employees forgoing their office party.</p><br clear="all" />


'Angel' of foreclosure defense bedevils lenders

Fri, 19 Dec 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/28277420/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/MSNBC/Components/Photo/_new/081216-stuckey-lawyer-vlg1p.thumb.jpg" alt="&quot;She's an angel,&quot; says one client of Jacksonville, Fla., foreclosure defense attorney April Charney. " style="margin:0 5px 5px 0" /></a>Amid the mortgage meltdown, Jacksonville, Fla., legal aid attorney April Charney has become a top expert in foreclosure defense. Mostly, she says, lenders have hung themselves.</p><br clear="all" />


Grim choice: Walking away from a mortgage

Thu, 18 Dec 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/28300438/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/ap/c5ebea4a-d89a-4639-9543-f49b11443573.thumb.jpg" alt="Diane Shackle walked away from mortgage on her condo in Calimesa, Calif. &quot;It ripped me up to do it...&quot;" style="margin:0 5px 5px 0" /></a>Walking away from a mortgage has always been a homeowner's last resort, but more may choose to do it as home prices continue to fall.</p><br clear="all" />


When foreclosure limbo becomes a lifestyle

Thu, 18 Dec 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/28265498/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/MSNBC/Components/Photo/_new/081218-foreclosure-hmed.thumb.jpg" alt="Darrell West comforts his girlfriend, Vickie Lewis, one of millions of Americans currently living in the legal limbo of foreclosure proceedings." style="margin:0 5px 5px 0" /></a>Vickie Lewis of Jacksonville, Fla., has been living in foreclosure limbo for more than four years. But she does not fit any stereotypes of today's troubled borrowers. Msnbc.com's Mike Stuckey reports.</p><br clear="all" />


Fed rate cut sparks a rush of refinancing

Thu, 18 Dec 20 ...MORE

Homeowners across the United States on Wednesday took advantage of the Federal Reserve's extraordinary decision to lower interest rates, refinancing their homes.


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