Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
Southern Maryland Real Estate!Home values are established by the pool of ready, willing and able buyers; not Seller's, not REALTORS®. To be a successful seller in today's market requires knowledge, thorough analysis, a valid strategy and most of all, commitment. Getting it wrong can be catastrophic.
The property detailed on the opposite page is a very specific example of what a tentative or misguided approach to selling a home can lead to. In a two year period, this property lost 69% of it's market value. Even more troubling is the realization that when this home finally sold, every home in the area, for sale or not, will now be valued by comparison to this property.
The property was initially priced at $430,000, by the seller, in effort to sell the property with sufficient net proceeds to cover selling expenses and clear all liens. According to our analysis, the market value of this home at that time was in the $250,000 range. Over the next six months, the seller worked with his lender to pursue a "short sale" and reduced the list price in substantial increments to as low as $219,000. Unfortunately, that was too little, too late. The listing expired and the home was foreclosed upon in February of 2008.
Had the seller and lender agreed to offer the property at fair market value in September of 2007 ($250,000 rather than $430,000), the property would likely have sold and netted the lender almost double the proceeds. Instead, the pricing decisions cost the lender $125,000 plus whatever the legal and carrying costs were to complete foreclosure. While this level of loss is sustainable for an institution, a similar result for a private seller is simply devastating.
Values will continue to feel downward pressure until such time that the relationship between Inventory and number of Homes Sold return to more normal levels. The graph to the left reflects a broader regional market and considers all price ranges. The nearer a property is to the beltway, the less pronounced the imbalance. The gap between inventory and sold properties is certainly broader in property priced above $500,000 than those priced below. If you were to only consider those properties listed under 200,000, you would find a very competitive marketplace for those trying to buy a 0 home. Multiple offers are now common on property offered at this level.
In the distressed markets, median sales price declined over 40% in one year. At the new value, more than twice as many homes sold in 2008 compared to 2007. Unfortunately, the majority of properties that sold were "short sale" or foreclosure listings. Another key indicator is the ratio of owner occupied to investor purchases. In the lower price ranges, first time buyers are finding it difficult to compete successfully with investors. The seller, likely a bank, prefers selling to an investor paying cash or putting 20% down, rather than a first time buyer with a modest down payment. The first time buyer is also obtaining FHA (government insured) financing, which adds another layer of scrutiny to the property's condition.
Good News for the local counties! See the local county data reports actual
results for the month of December and compare 2007 to 2008. The numbers tell the story! The local county market median sale price has not dropped as significantly year over year, but if the value trend continues, we will see a higher percentage of distressed sellers surface. The lower values go, the more likely it becomes that Institutions will be the only sellers that can afford to sell.
Southern Maryland Waterfront and Real Estate Services! Feel Free to subscribe to my blog to keep up to date with my latest posts about Southern Maryland Waterfront Properties and Real Estate for sale: Calvert County, St. Mary's County & Charles County Real Estate. Keep up to date on Community information & local events. Join Lusby, MD on Facebook for Local information!
You will find homes for sale, local information: County government, events, photos and useful information that I would love to share. Visit Southern Maryland
Scan to view properties on your mobile phone!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.