July 30th, 2025 by WCBC Radio

Housing prices continue to be a challenge in Maryland with many renters paying nearly 50% of their income on housing. Prospective home buyers face similar issues as prices climb in the suburbs of Baltimore and Hagerstown as well as the Eastern Shore. Alex Hermann of the Joint Center for Housing Studies says multiple factors are making it more difficult to buy a house…

   

“The combination of high home prices and high interest rates make the market mostly unaffordable for many buyers. Maryland is a leader on looking to boost the housing supply. That’s the number one thing you can do – expand the supply of housing, to create housing opportunities for more households.”