Friday, October 25, 2024 | Baltimore, MD
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Latest data on home sales for Baltimore region shows fewer sales and listings, higher prices

Median home prices in the Baltimore region continue to climb despite the highest mortgage rates in more than two decades, according to a new report from the real estate firm Bright MLS. The median home sales price in the Baltimore metropolitan region — meaning Anne Arundel, Baltimore, Carroll, Harford and Howard counties, plus Baltimore City — hit $385,000 in August, 4.6% higher than a year prior.

Read More: Baltimore Sun
Baltimore’s Horseshoe sees Maryland’s largest drop in gambling revenue

Overall gaming revenue from slot machines and table games at the six casinos in Maryland totaled $161.4 million in August. That’s down 4.7% from a year ago, but the declines varied by individual casino. Maryland Lottery and Gaming reports Baltimore’s Horseshoe Casino generated $15.4 million in gaming revenue last month — down 10.6% from a year earlier.

Read More: WTOP
Kroger to sell some Harris Teeters stores ahead of new merger

Harris Teeter’s parent company, the Kroger Co., announced they will be selling 10 of its stores in Maryland, Virginia and Washington, D.C. to C&S Wholesale Grocers, parent company of Piggly Wiggly and Grand Union, ahead of its planned merger with the Idaho-based Albertsons Companies Inc. Kroger has not identified which Harris Teeters located in Maryland are slated to be sold to C&S.

Read More: Baltimore Sun
M&T Bank, Prince George’s County roll out new accelerator for local small businesses

Prince George’s County is now taking applications for a new accelerator program geared to small-business owners seeking guidance on how to raise capital and effectively market and sell their products or services. The program — a partnership between M&T Bank Corp. (NYSE: MTB), the Prince George’s County Economic Development Corp. and FSC First, a community development lender in the county — launches Sept. 26 and will run for eight weeks.

Baltimore-based Continental Realty adds My Salon location to Florida shopping center

A My Salon Suite franchise group has signed a lease with Baltimore-based Continental Realty Corporation (CRC) for 7,000 square feet of space within Towne Square, a 126,000 square foot neighborhood shopping center located at 11029 West Colonial Drive in Ocoee, Florida. This represents the first location for the franchise owned and operated by Corey, Judith, and Terrel Corbitt, who plan to open the hair salon concept next year.

Interior of cozy restaurant, loft style
Maryland Restaurant Week returns for 4th consecutive year

The Restaurant Association of Maryland (RAM), the only trade association that represents every segment of the foodservice industry in Maryland, Monday announced the return of Maryland Restaurant Week for its fourth consecutive year, scheduled for Sept. 15-24. The statewide initiative will bring a variety of restaurants together in celebration of those in the restaurant industry.

BGE extends temporary restraining order on installing gas regulators

Baltimore Gas and Electric on Monday announced the extension of the temporary restraining order that prevented it from installing any more gas regulators on homes in Baltimore. The temporary restraining order was in effect last week when the Maryland Public Service Commission ordered BGE to give its customers the option of whether they want an outside gas regulator or one installed inside their homes.

Ocean City Officials Talk Convention Center Improvements

Officials say the first two phases of an improvement project at the convention center should conclude this week. On Monday, Roland E. Powell Convention Center Executive Director Larry Noccolino presented members of the Ocean City Tourism Commission with an update on improvements being made to both levels of the convention center. He noted that crews would likely complete the first two phases, which focused on the main level of the convention center, by Friday.

Read More: The Dispatch
Historic Reynolds Tavern on Annapolis Church Circle listed for sale for $4.7 million

The Reynolds Tavern, a staple of downtown Annapolis since the 1700s, will be put up for sale, Hyatt Commercial Real Estate announced. Home to a pub, restaurant and a bed and breakfast, the property has a $4.7 million price tag, Cecil Cummins, senior vice president of Hyatt Commercial, said. Hyatt, an Annapolis-based brokerage firm, will be coordinating the sale of the 7,620-square-foot property.

Read More: Baltimore Sun
Cannabis dryingPh by Andrea Porziellawww.terredicannabis.com
Westminster dispensary says cannabis is in high demand since statewide legalization

On a recent Thursday morning customers lined up outside The Dispensary in Westminster waiting for the cannabis store to open its doors. It’s a scene that has played out regularly since July 1, when recreational cannabis became legal in Maryland for adults 21 and older. “We had a line down the road that day with people waiting their entire lives for this,” said Rick Glass, community liaison at The Dispensary, located in the Fairgrounds Village Shopping Center. “So many of them were so excited. It was very crazy.”

Read More: Baltimore Sun

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