August 2022
10 Pro Tips for a Smooth Home Move The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new place….
Regardless of whether you’re entitled to $250,000 or $500,000 of exclusion when you sell your home, prices have gone up so much in the past two years, you may be approaching the limit where you might have to pay tax on the excess when you sell. Any improvements you have made to the home during…
Here are the Bright MLS Weekly Market Reports for the week ending August 14, 2022. The reports below cover a synopsis for the Bright footprint along with Maryland showings, contracts, listings, pendings and closed sales. Check back next week for more “Golden Results” updates!
Here’s the Bright MLS August 2022 Home Demand Index. Looks like it’s in the Moderate Range for August 2022 with an 8.3% dip from July 2022. It’s the third consecutive month where month’s supply has increased. Check back next month for more Golden Results Market information with Cheryl Ritchie.
With all that is going on in the world, a global pandemic, supply chain issues, highest inflation in 40 years, the economic effects of a war in Ukraine, it can be overwhelming to think about when the right time is to buy a home. On a local level, there is a pent-up demand for homes…
Here are the Mid Month Maryland Association of Realtors August 2022 Market Graphs and Charts for July 2022. The first chart utilizes county by county data. The second chart is a snapshot of Real Estate Maryland data for July 2022. Check back next month for more information.
Here’s a glance at the June 2022 Maryland Realtors June 2022 Housing Sales!
Here’s the latest Bright MLS Home Demand Index which will give insights into the pricing of current homes in the area! It’s a Moderate pace of demand for the July 2022 Washington, D.C. area with an 18.9% index change from last year plus a 1.7 % change from the prior month.
Here are the Bright MLS Maryland Weekly Market Reports dated 7-31-22 that accurately reflect the state of the Maryland Housing Market through the end of July. Check back again for more Weekly Maryland Home Reports!
A current inventory of all the personal items in your home is important and even necessary, if you are faced with filing a police report or insurance claim. The homeowner is usually asked if they have a home inventory. If not, the homeowner can reconstruct one to estimate the loss. Imagine you are in this position;…
Selling and buying a lower priced home in an “Up” market can be to your advantage. The advantage is to maximize the sales price on your existing home and replace it with a less expensive one. Moving down in an “up” market may be to your advantage in multiple ways. It is possible that your present home…
Owning a home is a keystone of wealth… both financial affluence and emotional security.