Realtor group agrees to cut commissions. Here's the financial impact.
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
Watch CBS News
The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say.
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
The surge in real estate prices, coupled with rising mortgage rates, has made buying a home prohibitively expensive in most larger cities.
While the volatility in mortgage rates remains, there are signs that the housing market is starting to stabilize.
US home prices continued to surge higher in March, as buyers raced to lock in homes before the average mortgage rate hit 5%.
The 30-year fixed-rate mortgage averaged 5.27% in the week ending May 5, up from 5.10% the week before. It is the highest since 2009 and well above the 2.96% average from this time last year.
A 15-story office tower in the heart of downtown that has sat vacant for years will be converted into an apartment building with 220 units, developer Trademark Properties and local investor Prab Thangarajah said.
Mayor Brandon Scott announced on Friday that he would steer $100 million from American Rescue Plan Act funds toward addressing the thousands of vacant and dilapidated houses that haunt Baltimore—like the one that killed three firefighters in January.
Black homeownership, at 43.4%, remains lower than it was a decade ago. And it is nearly 30 percentage points behind the white homeownership rate of 72.1%
City housing officials say that when it comes to solutions for reducing the number of vacant houses in Baltimore—from demolition to rehabilitation—the demand exceeds the resources.
The former Maryland home of boxing legend Mike Tyson recently sold for $4.575 million.
The former Maryland home of boxing legend Mike Tyson recently sold for $4.575 million.
Ravens running back Gus Edwards bought a home for his mom.
A unique home that defines floor-to-ceiling windows is on sale in Monkton for $1.7 million dollars.
This unique home in Monkton is on sale for $1.7 million.
Though housing prices have soared in many parts of the country, and inventory is way down, real estate sales may still be stronger in 2021.
At 2105 Erdman Avenue, sits a sea green two bedroom, 1.5 bath home with a Miami flair.
Each week, John Peters does yard work for neighbors, shuttles friends to doctors' appointments and works as a janitor at Crossroads Church of God.
One of the most expensive zip codes for housing in the country is in Maryland.
The Fell's Point home featured in the classic romantic comedy "Sleepless in Seattle" is on sale for $575.000.
Baltimore rent takes up to 44 percent of entry-level teachers' income, a new Zillow analysis finds.
Amazon's Virginia headquarters is years away from becoming a reality, but it's already driving up housing prices.
A Baltimore realtor is having a little fun with the recent attention the city's gotten with its rat problem.
Since 2017, there have been 164 complaints resulting in 56 correction notices and citations of a proposed $13,200 in fines, according to Baltimore County spokesman T.J. Smith.
The baseball player spent his whole 19-year career with the Orioles. He entered the Hall of Fame in Cooperstown, New York, in 1990.
A 27-year-old man was seriously injured after being shot in a vehicle and crashing into a home in West Baltimore on Christmas Eve, according to police.
Lamar Jackson did not practice Wednesday for the Baltimore Ravens because of his back injury.
Unless something wild happens in the next two weeks, Baltimore's 2025 season will be remembered as a colossal bust.
A Delaware state trooper who was shot to death at a DMV office graduated from the University of Maryland, where he was a member of the wrestling team,.
Maryland shoppers braved the crowds on Wednesday to find those last-minute Christmas gifts.
A 27-year-old man was seriously injured after being shot in a vehicle and crashing into a home in West Baltimore on Christmas Eve, according to police.
A man was shot after he attempted to run over an immigration officer with a van Wednesday morning in Anne Arundel County, according to police.
Friday is a First Alert Weather Day. A wintry mix may cause rough travel conditions.
A Delaware state trooper who was shot to death at a DMV office graduated from the University of Maryland, where he was a member of the wrestling team,.
A 22-year-old woman is now being detained at an Immigration and Customs Enforcement detention facility in Texas, after initially being held in Louisiana.
The Ravens said they "clearly made an error" and won't appeal the ruling.
A Howard County Police officer responded to a call last weekend that really got his goat.
Chilly night ahead with some frost possible west of I-95. Warmer weather returns this weekend.
Storm threat continues Thursday with high heat added to the mix too during the afternoon.
Drought conditions in Maryland have improved after several rounds of wet weather in May.
The American Red Cross urges donors to make an appointment to give blood or platelets now to keep the blood supply steady over the busy holiday season.
Marty Bass is at Handcrafted Happy Hour in Clipper Mill to talk about the many arts and crafts you can do this winter.
WJZ is learning about the week-long celebration of Kwanzaa and the history of the Sankofa Children’s Museum.
Wonder, a mealtime platform that lets customers order from multiple restaurants in a single order, has opened its first Baltimore-area location at Canton Crossing.
Mr. and Mrs. Claus join WJZ At 9 to celebrate the Christmas season.
Lamar Jackson did not practice Wednesday for the Baltimore Ravens because of his back injury.
Unless something wild happens in the next two weeks, Baltimore's 2025 season will be remembered as a colossal bust.
It's been a challenging season for the Ravens, but six members of the team have been named to the AFC roster for the Pro Bowl Games.
A former Howard County baseball star had his jersey retired after he was drafted by the Los Angeles Dodgers.
The Baltimore Ravens' playoff hopes are on life support after their 28-24 loss to the New England Patriots.
Kilmar Abrego Garcia — who was mistakenly deported to El Salvador in March — will remain free on supervised release until at least the end of the year.
Secretary of the Interior Doug Burgum said the agency is pausing leases for five offshore wind farms "due to national security concerns."
A federal judge temporarily blocked a Trump administration policy that sought to require members of Congress to submit requests a week before visiting ICE detention facilities.
A federal judge in Maryland on Thursday ordered Kilmar Abrego Garcia's immediate release from Immigration and Customs Enforcement custody.
President Trump is hosting the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Nearly 200 families were expected to shop at the 10th annual Christmas Store, hosted by the University of Maryland, Baltimore, and The Foundry Church on Friday.
After a loved one became a victim of sexual assault, a Maryland family is on a mission to prevent it among teens.
Over 400 future star chefs took over Baltimore on Saturday for a National Culinary Cook-off.
Chopped Broadway Bodega & Deli is making its mark as the first Black- and women-owned bodega in Fells Point, bringing the unmistakable flavors of a classic New York bodega to Baltimore.
'I Believe in Me Girls' held its fifth annual workshop on Saturday to empower young women while introducing them to a variety of career opportunities in the creative industry.
Senator Kagan said this bill will limit what she calls "bait and switch" and price gouging.
The Maryland Department of Emergency Management increased the State Activation Level from Normal to Partial on Friday morning in response to a Microsoft outage that has paralyzed systems worldwide.
Neighbors in one west Baltimore neighborhood are figuring out what to do for groceries, due to the Giant Food location in Edmondson Village closing next month.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
The U.S. Drug Enforcement Administration is asking to move marijuana to Schedule III, alongside ketamine and some anabolic steroids
After three decades of serving customers on the Baltimore waterfront, The Cheesecake Factory is closing its Inner Harbor location.
The company voluntarily issued the recall on September 23.
The Baltimore Tech Hub, one of 31 federal "Tech Hubs" designated last year, was skipped for a cut of $504 million in the first round of funding for the program.
Primanti Bros. on Tuesday announced plans to expand to the Baltimore region this spring.
CVS is closing dozens of pharmacies inside Target stores in 2024 as the store and other retail pharmacy chains face increasing difficulties.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
The company voluntarily issued the recall on September 23.
With open enrollment starting soon, employees could get sticker shock, with their costs expected to rise 6% to 7% for 2026, a new study says.
After WJZ shed light on a rat infestation plaguing one Towson community, Baltimore County officials say they are now taking action.
Recalled supplemental shakes were distributed to hospitals and long-term care facilities nationwide, federal officials say.
James Ransone, the actor who played Ziggy Sobotka in the HBO series "The Wire" and appeared in many other TV shows and movies, has died.
Director Rob Reiner and wife, Michele, were found dead in their Los Angeles home, sources told CBS News, in what police called an apparent homicide.
President Trump is hosting the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
A Maryland ticket broker is accused of illegally purchasing and reselling hundreds of thousands of tickets for profit, including thousands to Taylor Swift's highly-sought Eras Tour.
Paramount Global and Skydance Media agreed to merge last year.
Winter weather could impact post-Christmas travel in Maryland
Wet weather possible for Christmas morning in Maryland
Rain possible for Christmas Day in Maryland
WJZ-TV's Marty Bass has your latest weather forecast.
Friday is a First Alert Weather Day. A wintry mix may cause rough travel conditions.
Winter weather could impact post-Christmas travel in Maryland
Lawyer says woman detained by ICE was born in Maryland
ICE agents shoot man trying to run over officers in Anne Arundel County, officials say
Man shot, crashes car into West Baltimore home
Wet weather possible for Christmas morning in Maryland