maryland: 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)
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maryland: 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)
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maryland: FORECAST: Housing Market 2012 - 08/20/09 12:18 PM
You might have read the online story from Business Week's June 29, 2009 issue titled Where Housing Will Be In 2012. I was anxious to learn that the Baltimore-Towson metro area has a projected decline of 14.8% and Maryland overall has a project decline of 12.3%.
Metro: Baltimore-TowsonWhat a Home Will … (0 comments)
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maryland: 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)
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maryland: 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)
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maryland: Market Assessment - At A Tipping Point? - 05/10/09 07:16 AM
Are we at a tipping point or do we still have a long way to go? Many indicators suggest that have reached a tipping point. While pending sales in Anne Arundel County were up over last month, there are still more listings coming onto the market than coming off. Overall inventory … (0 comments)
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maryland: 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)
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maryland: Market Update - Annapolis Condos - 02/26/09 09:48 AM
As of February 25, 2008, there were 236 condos that had not yet sold in Anne Arundel County. The average days on market for these condos was 191 days. And the average asking price was $319,905. There were 27 condos that were pending sale that had been on the market an … (0 comments)
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maryland: Market Assessment - Market Shift Ahead? - 02/06/09 05:32 PM
By the end of last year most real estate was in rough shape. Volume and units in January for Anne Arundel County were down 32% from December 2008. This comes as no surprise to anyone buying or selling real estate. While inventory levels and prices seem to have stabilized they are off 10% … (0 comments)
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maryland: 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)
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maryland: 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)
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maryland: 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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maryland: 1035 Miller Circle, Crownsville, MD 21032 - 10/07/08 12:08 PM
This custom designed and built "pegged post and beam" contemporary is situated on private wooded 2.6 acre lot features 3 BR / 2.5 BA, soaring ceilings and exposed beams, wide plank floors, an open floor plan, 2 fireplaces - one with a large brick hearth, 1st floor master bedroom … (1 comments)
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maryland: Home Price Indexes Continues Decline - 10/03/08 09:25 AM
The S&P/Case-Shiller Home Price Indexes were released on Tuesday, September 30th. According to the data prices the Washington DC metro area fell 15.8% in July 2008 from the same period last year while only falling 1.1% from June 2008. In Anne Arundel County the home price index for July 2008 was … (0 comments)
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maryland: Real Estate Market Assessment - 09/16/08 06:16 PM
While summer turns fall without fail, there is no sign of change in the local real estate market. Although outdoor temperatures are not nearly as chilly as sellers think, buyers have rarely enjoyed a better climate. Buyers have the upper hand with little competition, lots of inventory to choose from, and … (0 comments)
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maryland: Case-Shiller Home Price Index Continues to Decline - 08/29/08 09:05 AM
The S&P/Case-Shiller Home Price Indexes were released on Tuesday. Prices in the Metro-Washington DC area fell 15.7% in June 2008 versus the same period last year while only falling 0.9% from May 2008. In Anne Arundel County the home price index (caluclated using a similar methodology to the Case-Shiller index) for June … (0 comments)
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maryland: Real Estate Market Assessment - 08/20/08 06:49 AM
For the fourth month in a row, inventory levels were above the 4,500 level. In July the number of active units in Anne Arundel County trended down 0.6% but was up 9.1% from last year. The average sold price dropped below $400,000 and was down 8.5% from last year. The pending … (0 comments)
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maryland: Housing Stimulus Bill Passed on 7/30 - 08/04/08 08:10 AM
On July 30th the President signed into effect the "Housing and Economic Recovery Act of 2008" without much fanfare from the Whitehouse or the Press. I don't even remember hearing anything about it on CNN or any other network news shows. So, what's the big deal? Well, maybe there is no … (0 comments)
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maryland: Real Estate Market Assessment - Annapolis, Maryland - 07/15/08 01:08 PM
The buyers' market continues with no cooling in sight. Sellers, now facing the dog days of summer, are likely to see the inventory level reach new highs and falling prices hit new lows with no relief in sight.
In Anne Arundel County in June the total sold volume was down 31.8% … (0 comments)
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maryland: Real Estate Market Assessment - 07/02/08 02:57 PM
More of the Same for 12 to 18 More Months
The current real estate market is likely to continue to remain the same for the next six to twelve months. After the upcoming election it may take six to twelve months for the new President to implement policies that will have … (0 comments)
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