Annapolis Area Home Resource

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

Featured Listings

Reviews

A Remarkable Recovery for the Housing Market

A Remarkable Recovery for the Housing Market | Simplifying The MarketFor months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving high demand from potential buyers, […]

Thinking of Selling Your House? Now May be the Right Time

Thinking of Selling Your House? Now May be the Right Time | Simplifying The MarketInventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), total […]

Mortgage Rates Fall Below 3% [INFOGRAPHIC]

Some Highlights

Mortgage rates hit another all-time low, falling below 3% this week.
If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment.
Let’s connect today to determine your best next steps t…

Does Your Home Have What Buyers Are Looking For?

Does Your Home Have What Buyers Are Looking For? | Simplifying The MarketThere’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com: “Sellers continue returning to the market at a cautious pace […]

Mortgage Rates Hit Record Lows for Three Consecutive Weeks

Mortgage Rates Hit Record Lows for Three Consecutive Weeks | Simplifying The MarketOver the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below): What does this mean for buyers? This is […]

What Are Experts Saying about Home Prices?

What Are Experts Saying about Home Prices? | Simplifying The MarketLast week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said: “The economic downturn that started in March 2020 is predicted to cause a 6.6% drop in the HPI by May 2021, which would be the first […]

Buyers: Are You Ready for a Bidding War?

Buyers: Are You Ready for a Bidding War? | Simplifying The MarketWith businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many buyers looking for homes to purchase and so few houses for sale right now, there’s a […]

Americans Rank Real Estate Best Investment for 7 Years Running [INFOGRAPHIC]

Americans Rank Real Estate Best Investment for 7 Years Running [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years.
  • The belief in the stability of housing as a long-term investment remains strong, despite the many challenges our economy faces today.
  • Of the four listed, real estate is also the only investment you can also live in. That’s a big win!

Not All Agents Are Created Equal

Not All Agents Are Created Equal | Simplifying The MarketIn today’s fast-paced world where answers are just a Google search away, there are some who may question the benefits of hiring a real estate professional when selling a house. The reality is, the addition of more information can lead to more confusion. A real estate agent can be your essential guide, but truth be […]

Best Time to Sell? When Competition Is at an All-Time Low

Best Time to Sell? When Competition Is at an All-Time Low | Simplifying The MarketIn a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.” That concern seems reasonable considering the current condition of the economy. The data, however, is showing that home […]

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.

Contact Mona

CONTACT US

Please enter your name.
Please enter a valid email.
Please enter a valid phone number.
Please enter a message.