Annapolis Area Home Resource

Mona LaCovey,  ABR, CRS, CRB
Associate Broker
Certified Negotiation Expert (CNE®)

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Reviews

The Housing Market Will “Spring Forward” This Year!

The Housing Market Will “Spring Forward” This Year! | Simplifying The MarketJust like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market. Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right. Buyer demand […]

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Home Prices Up 5.73% Across the Country! [INFOGRAPHIC]

Some Highlights:

The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
In the report, home prices are compared both regionally and by state.
Based on the latest numbers, if you plan on relocatin…

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No Worries… Home Prices Coming in for a SOFT Landing

No Worries… Home Prices Coming in for a SOFT Landing | Simplifying The MarketHome prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing. The previous housing market was fueled […]

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Interest Rates Hit New 12 Month Low!

According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. […]

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Interest Rates Hit New 12 Month Low!

According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. […]

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What are the Benefits of Becoming a Homeowner?

What are the Benefits of Becoming a Homeowner? | Simplifying The MarketEvery family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner for the first time! Why is this date important? Homeownership is not just a roof over your head! It […]

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How Can I Increase My Family’s Net Worth?

How Can I Increase My Family’s Net Worth? | Simplifying The MarketEvery three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of […]

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3 Tips for Making Your Dream of Buying A Home Come True [INFOGRAPHIC]

Some Highlights:

Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking too much about it.
Living within a budget right now will help you save money for down payments while also…

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3 Reasons Why We Are Not Heading Toward Another Housing Crash

3 Reasons Why We Are Not Heading Toward Another Housing Crash | Simplifying The MarketWith home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of twelve years ago. Here are three key metrics that will explain why: Home Prices Mortgage Standards Foreclosure Rates HOME PRICES A […]

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Why A Normal Market is Just What We Need

Why A Normal Market is Just What We Need | Simplifying The MarketThe housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone find their dream home. This ‘seller’s market’ has driven home prices to new heights. Home […]

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About Mona

Relationships are the most important thing for me. One on one with understanding and a drive to get you the home you desire or sell your home for top dollar.

We can have all the experience and knowledge in the world, but if we don't make it work for you it's for nothing. We want you to be so happy with our service that you'll want to refer us to everyone you meet over and over again.

Mona LaCovey at the Annapolis Pier happy to be in Annapolis Real Estate.

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