The 2027 Social Security cost-of-living adjustment (COLA) is expected to be announced on October 14, with forecasts ranging from 3.4% to 3.6%, higher than the 2.8% increase in 2026. This could add about $70 monthly to the average retired worker's benefit. COLA is based on inflation data from July to September 2026. Social Security payments are sent on Wednesdays according to birth dates, while SSI payments have specific monthly dates, with two payments in October due to a calendar shift.

We’re seeing the resilience of U.S. housing markets firsthand, especially in dynamic areas like Baltimore County, Baltimore City, and across Maryland. As wage growth picks up, inventory expands, and mortgage rates settle, demand is making a strong comeback in several key metros. The most active markets are experiencing price increases, with many homes selling above asking and a wide range of market times. As someone who works closely with buyers, sellers, and investors throughout our region, I’ve observed how these trends shape local decisions and opportunities. It’s an exciting time for real estate in Maryland.

The first round of October Social Security payments, capped at $5,181, will be issued soon. Retirees born on or before the 10th will receive payments on October 14. The second round will be sent on October 21 for those born between the 11th and 20th, and the third round on October 28 for those born on or after the 21st.

Baltimore is making real progress in tackling vacant properties, with a bold goal to revitalize 5,000 homes by July 2029—down from an original 16,000. Already, about 1,800 homes have been brought back to life, and we’re seeing some neighborhoods truly transform thanks to focused renovations and new construction. As someone who’s deeply invested in Baltimore City and County real estate, it’s encouraging to watch these changes take root. Whether you’re looking to buy, sell, or invest, understanding how these revitalization efforts are impacting neighborhoods can open up new possibilities.

Buying your first home in Baltimore is exciting, but preparation makes the process much smoother. Start by reviewing your income, savings, debts, and monthly comfort level. A lender pre-approval can clarify your price range, while a realistic budget should also include property taxes, homeowners insurance, utilities, maintenance, and closing costs.

Local market knowledge matters. In the third quarter of 2026, Baltimore’s median residential sale price was approximately $229,891. That figure is a useful starting point, but prices and competition can vary significantly by neighborhood, property type, condition, and proximity to amenities or transit. Compare recent sales and monthly costs rather than relying on list prices alone.

When you find a promising home, look beyond appearances. Review disclosures, schedule a professional inspection, and estimate immediate and long-term repairs. An experienced Baltimore real estate agent can help you understand offer terms, negotiate strategically, and identify issues before they become costly surprises.

Your next step is simple: save this checklist and connect with a local professional who can guide you from pre-approval to closing. With the right plan, your first Baltimore home can be an informed and confident purchase.

As someone who guides clients through Baltimore County, Baltimore City, and the surrounding Maryland markets, I’m always tracking where house flipping delivers the strongest returns. Across the U.S., profits on home flips have tightened—typical gross margins are now 25.4%, and the process averages 165 days due to higher purchase prices, steeper borrowing costs, and longer renovations. Yet, I’ve noticed that cities featuring older, more affordable homes can still offer excellent opportunities, with margins ranging from 62% to 86%. For those interested in investment strategies, understanding where these higher-margin flips are happening can make all the difference.