Archive for the ‘Selling’ category
Avoiding Foreclosure, Why it Matters and How To Do It!
Are you falling behind on your mortgage payments? Are you at risk of losing your home because that pesky arm has made your payments impossible? There IS hope for people out that who are at risk of losing their home. If you’re worried about foreclosure, here’s a few important things to do to help you [...]
Considering A Short Sale
A lot of people are facing some very hard decisions right now. Being Foreclosed on is a process that can be embarrassing, humiliating, it destroys good credit records, and is often a very traumatic experience for good people swallowed up by bad loans. There are options to avoid situations like this if you find you are behind on [...]
Your Next Home Will Be Bought or Sold Online!
It’s true! I’m not talking about a few clicks of the mouse to sign the settlement papers (not yet, anyways), but the home buying process has become less about flipping through the newspaper and driving around to open houses, and more about surfing the net to see what’s available instead. Even as a Realtor, it can [...]
Chasing The Market…. How DO I Get My Home To Sell?
I was chatting on City-Data recently about the Concept of “chasing the market”, and what it means and how to avoid it. Someone made the comment about it being an “emotional result” of unhappiness with the market, and I think it brings up an interesting concept about how and why homes are priced the way they [...]
Charles County Maryland Real Estate Market Report, March 2008
It’s slow, but I’m happy to say that we are seeing movement in the real estate market here again! Typically mid-March to the end of June is the busiest time of year for real estate sales, so it’s great to see the shift towards an increase in sales. We’ve seen an increase in not only [...]
Maryland Foreclosure Prevention Event!
If you’re currently at risk of foreclosure in the state of Maryland, there’s a big event that you should be at! March 5th is the date, and the Showplace Arena in Upper Marlboro, MD is the location! Here’s the skinny: Prince George’s County is sponsoring the event, along with HUD and a bunch of other [...]
Charles County Foreclosure Update March 2008
I’m seeing more and more foreclosures, and none of the government assistance programs seem to be helping stem the tide of foreclosures that we’re currently seeing. Do Foreclosures Affect My Home’s Value? In Charles County in the last 60 days, there have been 12 foreclosures that have been sold, and a total of 135 (resale AND REO) homes listed and [...]
Where is the market going?
I really wish there was some sort of easy solution to the deteriorating market that we’re seeing, but I seriously doubt we’ve hit the bottom just yet. I have a couple of points to make in this post, and they are very closely related, so I’d like to apologize in advance if this gets too [...]
Prince George’s County Real Estate Market Update
What a year 2007 has been! The real estate market has changed dramatically, and 2008 is shaping up to be a year of continued adjustment! Looking Back Currently, Prince George’s County Sales Statistics show that homes sales aredown a little over 55% from where it was a year ago (934 homes sold 11/06 vs 418 homes sold [...]
For Sale By Owner Marketing Tips
I’ve heard some outrageous horror stories from people trying to FSBO in Southern Maryland. I’ve heard rumors of real estate agents telling homeowners “There’s no way you’re going to sell your home without me” or “Selling FSBO is the stupidest thing you can do”, or “*insert your own snooty Realtor comment here*” Let me first [...]
Charles County Maryland Real Estate Market Report, December 2007
Here’s the latest on the current Charles County real estate market! Sluggish sales trends are continuing to force prices down while making it increasingly difficult to get a home sold due to the market pressure. What’s Good: The number of active, available homes on the market has fallen for the third consecutive month. As fewer and [...]
Worried About Short Sale? Good News!
Are you in the midst of a short sale, or about to do one, and worried about the associated tax burden that goes along with it? There’s so good news for you, thanks to a bill signed yesterday, the first GENUINE relief for homeowners trying to avoid foreclosure. Yesterday, President Bush signed H.R. 3648, The Mortgage [...]
Considering Short Sale?
A lot of people are facing some very hard decisions right now. Being Foreclosed on is a process that can be embarrassing, humiliating, it destroys good credit records, and is often a very traumatic experience for good people swallowed up by bad loans. There are options to avoid situations like this if you find you are behind on [...]
Homeowners See Possible Relief
The cat is out of the bag, and it looks like there may be help for people who are facing unmanageable ARM’s. Now *some* people with these sub-prime mortgages can get their teaser rate frozen for 5 years in order to avoid impossible payments. The New York Times has a good article discussing the widely varying [...]
Charles County Maryland Sales Statistics November 2007
Charles County has been impacted heavily during the recent market downturn (although not as badly as PG County). Sales are down roughly 33% from this time last year, average days on market is up over 85% to 132, and average sales prices have fallen as well. Prices are down roughly 3% from November of 2006, [...]
St. Mary’s County Maryland Sales Statistics November 2007
St. Mary’s County, Maryland has a few interesting points to make note of when looking at the overall market health. First, the average and median sales price of a home here has gone up. While this is a very good sign, it is not the only indication that the local market is performing as well [...]
Calvert County Maryland Market Statistics November 2007
Calvert County, much like Southern Maryland, is currently working through downward sales trends and coping with lackluster sales in the real estate market. Although sales volume is only down by roughly 10% county wide, a look at the bigger picture gives a much better indication of what the local market is actually facing. Prices are [...]
Charles County Real Estate Market Report – November 2007
Wow, this has been an incredibly difficult year to try selling a home! As I’ve mentioned in previous blogs, Countrywide Home Loans was the first to take action to help ease consumer strain and keep people from being foreclosed on. It may be to early to tell, but it looks like we’re starting to see [...]
Charles County Market Statistics
I’ve had a couple of people ask me recently what the current market out look is in the region, so I’m putting up a quick portion of my market report to let everybody see exactly what we’re facing here in Charles County. If anybody has any questions about the charts, I’d be more than happy [...]
St. Mary’s County Sales Statistics
I recently had a discussion on city-data.com about housing in St. Mary’s County, MD. I wanted to post a link for the median sales price of a home in zip code 20659 (St. Mary’s largest zip code) to better illustrate the market in the area. I’ve pulled the data directly from the multiple listing service (MLS) [...]
Calvert County MD Foreclosures
Just a quick update for everyone keeping an eye on Calvert County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in Calvert County: 18 Number of Pre-Foreclosures for sale in Calvert County: 21 If anyone wants to be added to the current foreclosure or pre-foreclosure mailing lists, [...]
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