Southern Md Real Estate Market
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.
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.
What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during…
The Future of Home Price Appreciation and What It Means for You Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different…
The Best Week To List Your House Is Just Around the Corner Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts analyzed housing market trends by looking…
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…
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…
What’s Your Maryland Home Actually Worth? Discover What Buyers Will Pay in Today’s Market It’s easy to look up how much money you have in your savings account or the real-time value of your stock investments. But determining the dollar value of a home is trickier. As a seller, knowing your home’s worth helps you…
Should You Buy a New or Existing Home? Maybe your dream home has the intricate details that you usually find only in older construction – wainscoting and crown molding in the interior, the front porch with a swing, an older tree shading the back yard, and the white picket fence. Or maybe your dream home…
Everything You Need to Know About Maryland iBuyers and the “Instant Cash Offer” Technology is changing the way we do almost everything, and real estate transactions are no exception. In fact, a new crop of tech companies wants to revolutionize the way we buy and sell homes. iBuyer startups like Opendoor, Offerpad, and Properly are…
2020 Housing Outlook: Real Estate Market Forecast
Owning a home is a keystone of wealth… both financial affluence and emotional security.