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Is It Really Better To Rent Than To Own a Maryland Home Right Now? You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on. A lot…
4 Tips for Making Your Best Offer on a Home Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your best offer….
A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind. 1. Houses That Are Priced Right Are Still Selling Houses that are updated and…
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Check back for the October National Housing Report that’s available the end of the Month!
Have you ever been shopping on a website where you were looking at something that was on sale? You were interested in it but there wasn’t a sense of urgency and maybe, you had a lot going on and didn’t get back to it for a few days. When you did go back to the website, the…
A Return to ‘Normal’? The State of Real Estate in 2022 Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter…
The New Normal: A Strong Housing Market Expected to Continue into 2021 “2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies,” prominent economist Daryl Fairweather said.1 And he’s right: most of us would have expected the housing market to…
Here’s a chart below from GetSmartCharts.com demonstrating the strong sales in Calvert County Maryland as of September 2020. Also, a list of Calvert County homes in included below to peruse. Look at the Zip Code comparison plus the year to year comparison. COVID has not impacted the Calvert County Real Estate Market in the way…
Lowest Mortgage Rates in History: What It Means for Maryland Homeowners and Buyers In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain? While average mortgage…
The pandemic has changed the way many of us live, work, and attend school—and those changes have impacted our priorities when it comes to choosing a home. According to a recent survey by The Harris Poll, 75% of respondents who have begun working remotely would like to continue doing so—and 66% would consider moving if…
Here are the HOT OFF THE PRESS Bright MLS Maryland Stats released October 22, 2020 that highlight some of the interesting Maryland Real Estate trends since the start of the Pandemic in the March 2020 range. At quick glance, the ORANGE is 2020 vs the BLUE is 2019. That’s the first pleasant and surprising trend…
Maryland Home Prices Climbed in May Residential home prices climbed in May compared to the same period in 2018, according to housing statistics released by Maryland REALTORS ®. Average home prices rose by 4.1 percent while the median price increased by 4.2 percent as compared to the same time in 2018.
Owning a home is a keystone of wealth… both financial affluence and emotional security.