Are You Ready for the ‘Black Friday’ of Real Estate?

Carrie Bartels Anne Arundel , Housing Values , Real Estate Leave a Comment

Are You Ready for the ‘Black Friday’ of Real Estate? Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic shopping agenda, determining exactly when to arrive at each store, and capturing a wish list of discounted must-have items to purchase. But what about buying a home? Is …

5 Reasons to Sell This Fall

Carrie Bartels Anne Arundel , Baby Boomers , Howard , Montgomery , Prince Georges , Real Estate Leave a Comment

5 Reasons to Sell This Fall Below are 5 compelling reasons listing your home for sale this fall makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase…and are in the market right now. …

Baby Boomers are Downsizing, Are You Ready to Move?

Carrie Bartels Anne Arundel , Baby Boomers , Howard , Montgomery , Prince Georges Leave a Comment

Baby Boomers are Downsizing, Are You Ready to Move? For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame? Here’s what some of the experts have to say on the subject: Aaron Terrazas, Senior Economist at Zillow, says that “Boomers are healthier …

Why All the Chicken Littles Should Calm Down

Carrie Bartels Anne Arundel , Baby Boomers , Economy , Housing Values , Howard , Real Estate Leave a Comment

The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership. The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% in 2004. The Census Bureau reported that …

What’s the Latest on Interest Rates?

Carrie Bartels Anne Arundel , Economy , Howard , Montgomery , Prince Georges , Real Estate Leave a Comment

What’s the Latest on Interest Rates? Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market. According to Freddie Mac’s Primary Mortgage Market Survey, “the 30-year fixed-rate mortgage (FRM) rate averaged 3.60 percent, the lowest it has …

Buying A Vacation Property? Now Is A Good Time!

Carrie Bartels Anne Arundel , Baby Boomers , Housing Values , Howard , Montgomery , Prince Georges , Senior Real Estate Specialist Leave a Comment

Buying A Vacation Property? Now Is A Good Time! Every year around this time, many homeowners begin the process of preparing their homes in case of extreme winter weather. Some others skip winter all together by escaping to their vacation homes in a warmer climate. For those homeowners staying at their first residence, AccuWeather warns: “The late-week cold shot should fade next …

Is Your House Priced To Sell Immediately (PTSI)?

Carrie Bartels Anne Arundel , Baby Boomers , Howard , Montgomery , Prince Georges , Real Estate , Senior Real Estate Specialist Leave a Comment

Is Your House Priced To Sell Immediately (PTSI)? In today’s real estate market, with more houses coming to market every day and eager buyers searching for their dream home, setting the right price for your house is one of the most important things you can do. According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over the …

Are Older Generations Really Not Selling Their Homes?

jeaniehalloran Anne Arundel , Baby Boomers , Real Estate , Senior Real Estate Specialist Leave a Comment

Are Older Generations Really Not Selling Their Homes? Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s findings show that Baby Boomers (43%) and the Silent Generation (12%) …