
Tomorrow, I am off to Baltimore,to check out various neighborhoods. A friend and I will be visiting open houses there. The Baltimore area has experienced 22% 1yr appreciation and 83% price appreciation in the last 5 years ( OFHEO Report September 1, 2005) .
Baltimore is a bubble market. A neat report on my field research will follow. :-) On the left is a picture of house in the Federal Hill neighborhood.