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Latest articles about real estate in and around Annapolis MD
What a Difference a Year Makes for Sellers
Over the last few years, many sellers have been hesitant to put their houses on the market because they feared not being able to find another home to buy. We’ve reported on inventory shortages in the past, and it’s been a constant concern for potential buyers throughout recent years. New research shows the inventory concern […]
Should I Refinance My Home?
With the recent lower interest rates, many homeowners are wondering if they should refinance. To decide if refinancing is the best option for your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of the most common ones: Lower your interest […]
Home Price Appreciation Forecast
Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. We’ve gathered current data from the industry’s most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 […]
Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]
![Is Your First Home Now Within Your Grasp? [INFOGRAPHIC] | Simplifying the Market](https://i0.wp.com/files.simplifyingthemarket.com/wp-content/uploads/2019/06/24171123/20190621-Share-STM-549x300.jpg?w=358&ssl=1)
Some Highlights:
- According to the US Census Bureau, “millennials” are defined as 18-36-year-olds.
- According to NAR’s latest Profile of Home Buyers and Sellers, the median age of all first-time home buyers is 32.
- More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now!
Americans’ Powerful Belief in Homeownership as an Investment
The Federal Reserve Bank (The Fed) recently released their 2019 Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are broken down by age, education, income, […]
4 Tips to Sell Your Home Faster
Since June of last year, we have seen an increase in the inventory of homes for sale month per month. Every spring and summer, the inventory increases because people want to sell their home. For those with children, they may want to be in their new home for the beginning of the school year. If […]
5 Powerful Reasons to Own Instead of Rent
Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with tax advantages, greater financial flexibility due to secured borrowing, built-in […]
Now’s the Time to Move-Up and Upgrade Your Current Home!
Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade from their current house. Much of the demand for housing […]
10 Steps to Buying a Home This Summer [INFOGRAPHIC]
Some Highlights:
If you are thinking of buying a home, you may not know where to start.
Here is a simple list of 10 steps that you will go through to purchase a home.
Make sure to ask your agent for details about each step and what else may be requi…
Happy Independence Day!
Wishing you & yours a safe & Happy 4th of July!
Read MoreIs Mortgage Debt out of Control?
The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the value of their […]
Millennials Are Increasing the Demand for Condominiums
When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, “Last year about 43% of all condo home-purchase mortgage applications […]
Top 5 Reasons You Should NOT FSBO
Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of sellers. The top 5 reasons are listed […]
Americans Rank Real Estate Best Investment for 6 Years Running! [INFOGRAPHIC]
Some Highlights:
Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years.
Stock owners are more positive about real estate than stocks as an investmen…
Americans Rank Real Estate Best Investment for 6 Years Running! [INFOGRAPHIC]
Some Highlights:
Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years.
Stock owners are more positive about real estate than stocks as an investmen…