Great time to be a cash-holding auction goer

I see articles like this and am reminded of the song "If I Had $1,000,000" by Barenaked Ladies. It starts out, "If I had a million dollars, if I had a million dollars, well, I'd buy you a house. I would buy you a house." Catchy tune...

Yeah. Well, on Aug 17, at an auction in Howard County, a million dollars won't buy you a house. They haven't been built. But it might get you a couple of  million dollar home sites. Read and weep.

31 properties of Dale Thompson Builders set for auction

Investigative Inspector

I just stumbled across this site and found it useful after a quick reading. Might be one to bookmark and check back from time to time. Enjoy!

House Detective: Barry Stone

Known today as "America's House Detective," Barry advises readers from coast to coast about home inspection and real estate disclosure, providing honest clarity, fresh wit, consumer protection, and even-handed fairness in his responses to real estate questions.

Whoa Nelly! Could Barclay be the next "Canton" (sans waterfront!)?

Barclay redevelopment project could start next year - baltimoresun.com

The overall plan calls for $85 million in redevelopment of vacant lots and vacant and rundown rowhouses, including some public housing, in the Barclay/Midway/Old Goucher neighborhoods. It would be built in four phases over a decade and include rentals and homes for sale among an estimated 322 units. The area is bounded by North Avenue, 25th Street, North Calvert Street and Greenmount Avenue.

Foreclosure...good news...?

Maryland Daily Record

Maryland as the 15th-worst state in the nation for foreclosures, with 18,112 homes, or 0.78 percent of the state’s total housing stock, in some stage of the process