Real estate blog entries tagged with 21401 by Stephen Howell (Coldwell Banker Residential Brokerage)

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21401: Pileup in the Court Room - More Lawyers Needed? - 11/03/09 08:46 AM

There's been a pileup in the court room with foreclosures cases glutting local courtrooms in Anne Arundel County, Maryland according to an article published in The Capital. Staff Writer Elisha Sauers states in a November 1, 2009 article, there aren't enough lawyers to go around for all the struggling homeowners - legal aid … (1 comments)

21401: Market Assessment - What's Next? - 09/05/09 10:31 AM

What's next for the real estate market? Since December last year we've been on a steady climb from the bottom. But, the buyer's market is not where near over. While Months of Inventory has fallen to 8.2 months this August, last year it was 10.6. And, while that represents a 23.0% … (0 comments)

21401: Has Our Real Estate Market Stabilized? - 08/04/09 08:28 AM

Has the local area real estate market stabilized? Now is not the seller's market of we had in 2004 and 2005. The local area real estate market in Anne Arundel County declined slightly in July continuing the buyer's market trend. Sale volume and sales prices were down month-over-month and year-over-year. And, … (0 comments)

21401: Market Assessment - Are We Past Bottom? - 06/13/09 07:24 AM

Are we past the bottom of the market are do we have a ways to go? Many indicators suggest that have in moved beyond the bottom of the market. Pending sales in Anne Arundel County are up month over month for the fifth month in a row. This is a very … (1 comments)

21401: Market Assessment - Turning A Corner? - 04/06/09 11:25 AM

Have we turned a corner? Has the market shifted? Has spring finally arrived? Many indicators suggest that we have turned the corner. There is statistical and anecdotal evidence that a new market is evolving. Pending sales at the end of March in Anne Arundel County were at 697, up 74.7% from … (0 comments)

21401: Market Assessment - Spring Conditions - 03/10/09 04:53 PM

Over the last couple of weeks in the $0-500K price bracket it seems like property is starting to move. Perhaps this is just an early spring market, or there is some demand that hasn't been satisfied, but, now that demand is being fulfilled. I've been working with a few clients who … (1 comments)

21401: Market Assessment - No Relief in Sight - 12/05/08 05:41 AM

With no relief in sight anytime in the immediate future, the government continues to flounder in its attempt to resolve the current economic crisis. Bailouts, stimulus packages, and the recession are topics of casual conversation both at home and at work. Financial gridlock could be a better term to describe the … (0 comments)

21401: Have We Reached a Tipping Point? - 11/11/08 07:13 AM

The evening of November 4th was a historic night. The new President-elect faces a daunting array of challenges. One of the most important will be to halt the falling tide of home prices. More and more Americans face declining home values, overwhelming mortgage payments, and the real possibility of foreclosure. Will … (0 comments)

21401: Real Estate Market Assessment - 10/13/08 05:54 PM

For the sixth month in a row, inventory levels remain above the 4,500 level. In September the number of active units in Anne Arundel County trended down 1.1% and was down 2.0% from last year. The average sold price was $403,687 and was down 8.5% from last year. The pending transaction … (0 comments)

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