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Aaron Cahall
Public Service Commission weighs long-term energy contracts
- Long-term contracts with utilities for electricity and new energy generation might be the key to avoiding traumatic price jumps such as the 72 percent rate increase of two years ago, the state’s Public Service Commission believes.
Maryland foreclosures rise 479 percent in April
- Foreclosures statewide were up 479 percent last month from April 2007 and 41.57 percent from the month before, according to data released Wednesday by online foreclosure database RealtyTrac. The 6,052 filings, including default notices, auction sale notices and bank repossessions, ranked Maryland sixth nationally for foreclosures last month. The total filings break down to one for every 380 households across the state. Across the United States, foreclosure filings were up 4 percent from March and 65 percent from April 2007. Nevada again ranked first with one filing for every 146 households.
Canton Crossing project doubles in size with deal
- The Canton Crossing mixed-use project hit a growth spurt Tuesday with developer Ed Hale’s announcement of a deal that will double the size of the billion-dollar project.
- The Canton Crossing mixed-use project hit a growth spurt Tuesday with developer Ed Hale’s announcement of a deal that will double the size of the billion-dollar project.
Target in sight?
- Ed Hale has Target in the crosshairs for his newly expanded Canton Crossing project, the developer announced Tuesday, and intends the store to be an anchor for a major retail avenue.
Upper-end home sales see sharp decline
- Local home prices fell for a sixth straight month, according to recent data, one sign that sellers have fully embraced the idea of pricing lower to sell.
Public-private partnerships help developers ride out tight economy
- The national economy is at its lowest tide in recent years, but the largest Baltimore City projects have remained afloat through aggressive public-private partnerships involving major local developers.
- The national economy is at its lowest tide in recent years, but the largest Baltimore City projects have remained afloat through aggressive public-private partnerships involving major local developers.
Real estate recovery expected by 2010
- The worst of the area’s residential real estate downturn is behind the Baltimore region, but data show a real turnaround could be two years away, a top analyst told real estate agents Wednesday.
- The worst of the area’s residential real estate downturn is behind the Baltimore region, but data show a real turnaround could be two years away, a top analyst told real estate agents Wednesday.
Realtors see signs of real estate life
- There have been a few months of falling prices, and hopeful Realtors say they’ve seen a little more traffic at open houses this spring. Both may be positive signs, but several real estate experts said they expect the residential housing market to continue its slide into 2009.
- There have been a few months of falling prices, and hopeful Realtors say they’ve seen a little more traffic at open houses this spring. Both may be positive signs, but several real estate experts said they expect the residential housing market to continue its slide into 2009.
Legg Mason posts $255M quarterly loss
- Legg Mason Inc. on Tuesday reported its first quarterly loss since it went public in 1983. Company executives blamed the loss on noncash charges used to support its money market funds and reductions in several contracts.
Boat sellers strive to avoid sales slide
- Spring is in full swing, but local powerboat sellers are keeping an eye on a stormy economy, hoping sales stay afloat through the summer months.
- Spring is in full swing, but local powerboat sellers are keeping an eye on a stormy economy, hoping sales stay afloat through the summer months.
Federal, state relief sought over fuel prices
- Want gas to be 18 cents cheaper?
- Want gas to be 18 cents cheaper?
Oil expert calls gas tax cut ‘bad fiscal planning’
- Byron King is a fuel and oil expert with Baltimore-based Agora Financial, and runs a blog, energyandoil.com. King, a trained geologist, has worked in, analyzed and advised the oil industry for more than 30 years.
Arista Advertising to go on after death of firm’s founder
- At the end of a typically busy Friday in which she saw as many as 30 clients, Fanny Chakedis pulled into her driveway and ended a routine phone call with longtime friend and employee Ed Armstrong.