Tuesday, October 10, 2006

Pictures from Bubblicious Baltimore

Today, a friend and I traveled to bubblicious Baltimore. According to the OFHEO 2Q government report the 5 year price appreciation rate for the Baltimore, MD metropolitan area is 99%.



The charming 300 block of South Madiera Street in the Butchers Hill neighborhood. There are 5 rowhouses for sale on this block.



Station North Townhouses being built. Prices from the mid 300's. "Along a block of North Calvert street, surrounded by crumbling and boarded-up rowhouses, homebuyers are shelling out $400,000 and more for luxury townhouses sprouting on the site of long-demolished buildings" (Baltimore Sun 1/15/06)

Lovely rowhouse NOT for sale in Butcher's Hill.



Rundown houses in Baltimore. Incidentally, there was an onsite public auction for a rowhouse about two blocks from here.


500K rowhouses in Butcher's Hill located.


Rundown empty lot across directly in front of 500K rowhouses
(pictured two pictures above).



Quarry Lake development in suburban Baltimore


Condos going up along the Baltimore Harbor. [View from Albermarle Street in Little Italy]


Rowhouses in Greektown.



5 comments:

  1. "but even if it does, row houses won't be worth 400K+. "

    Do you live in 1960?

    ReplyDelete
  2. Anonymous said...
    "but even if it does, row houses won't be worth 400K+. "

    Do you live in 1960?
    ...

    Were you born in 1990?

    ReplyDelete
  3. Tom DC/VA said...
    "I hope downtown Baltimore revives fully, but even if it does, row houses won't be worth 400K+."

    Others will/do. And what you think won't matter much.

    ReplyDelete
  4. The only RH's worth $400K will be
    ones shown prominently in location scenes of HBO's smash hit "The Wire". The ones where Chris and Snoop stash bodies for Marlo will be worth upwards of $500K. Free nail gun with every purchase

    ReplyDelete
  5. "The only RH's worth $400K will be
    ones shown prominently in location scenes of HBO's smash hit "The Wire". The ones where Chris and Snoop stash bodies for Marlo will be worth upwards of $500K. Free nail gun with every purchase"

    LOL!

    ReplyDelete