By Clare Trapasso | realtor.com
Baltimore is known for plenty of things, from very good (Chesapeake blue crabs) to very bad (racial tensions). Now here’s a new marker for the plus side of the equation: The city has the highest percentage gains in new mortgages.
The news came from a recent RealtyTrac report comparing the first quarter of 2016 to the same period last year—focusing on publicly recorded mortgages and deeds of trust. The real estate data firm measured single-family residences, townhouses, condos, and multifamily buildings with just two to four units.