My office is near Mt. Washington and it's a market I know well. Obviously, Phelps will be returning to Baltimore as the "hometown hero" and will probably generate a good bit of publicity. I think that Meadowbrook/North Baltimore Aquatic Club will definitely benefit from his return and purchase, but I really don't see it as having any impact at all on the housing market in Mt. Washington. Perhaps a minor impact if Phelps had purchased there, but his new home is in Fells Point...
Ted Stewart, GRI, e-PRO
Yerman Witman Gaines and Conklin Realty