Annapolis Area Home Resource

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

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Reviews

Don’t Let Frightening Headlines Scare You

Don’t Let Frightening Headlines Scare You | Simplifying The MarketThere’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well. Amidst all this anxiety, anyone with a megaphone – from the main street media to a lone blogger – has realized that bad news sells. […]

Is Now a Good Time to Refinance My Home?

Is Now a Good Time to Refinance My Home? | Simplifying The MarketWith interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and 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 […]

Why the Stock Market Correction Probably Won’t Impact Home Values

Why the Stock Market Correction Probably Won’t Impact Home Values | Simplifying The MarketWith the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking place today, however, is nothing like what happened the last time. The S&P 500 did fall by over fifty percent […]

Economic Slowdown: What the Experts Are Saying

Economic Slowdown: What the Experts Are Saying | Simplifying The MarketMore and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real […]

A Recession Does Not Equal a Housing Crisis

Some Highlights

The COVID-19 pandemic is causing an economic slowdown.
The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
All things considered, an economic slowdown does not…

A Recession Does Not Equal a Housing Crisis

Some Highlights

The COVID-19 pandemic is causing an economic slowdown.
The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
All things considered, an economic slowdown does not…

Are We About to See a New Wave of Foreclosures?

Are We About to See a New Wave of Foreclosures? | Simplifying The MarketWith all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners are wondering how they’ll be able to afford their mortgage payments. In spite of this, […]

Three Reasons Why This Is Not a Housing Crisis

Three Reasons Why This Is Not a Housing Crisis | Simplifying The MarketIn times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways we can confidently evaluate any […]

Two Big Myths in the Homebuying Process

Two Big Myths in the Homebuying Process | Simplifying The MarketThe 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.” Unfortunately, the myths surrounding the […]

5 Simple Graphs Proving This Is NOT Like the Last Time

5 Simple Graphs Proving This Is NOT Like the Last Time | Simplifying The MarketWith all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate consulting firm Meyers Research, addressed this point in […]

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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