As I wrote March 2, Towson Zillow Zestimates in general, are statistically off by a large amount. Last week I had a client call me because his HELOC was reduced by a large amount right in the middle of construction to improve his home. He could not understand how the bank could make the determination [...]
On Tuesday I wrote about an exciting new program that HUD & FHA were rolling out to let the $8000 Tax Credit for First Time Homebuyers be used as a downpayment. That has now been retracted, and the letter removed from the HUD site. Yet Yesterday, HUD Secretary Donovan said that many states already were [...]
**Update May 14, 2009, please see my update that HUD has retracted its statement and that this may NOT be the case everywhere.** The Secretary of the U.S. Department of Housing and Urban Development announced at the National Association of Realtors summit today that the FHA is going to allow lenders to let First Time [...]
Well maintained single family Colonial in the Abbey at Sherwood subdivision off of Sherwood Rd in Cockeysville, Maryland - south of Hunt Valley and north of Timonium.
**Update June 30, 2009: CONGRATULATIONS, SELLERS! WE SETTLED JUNE 30!**
Thursday was a wonderful day -- great weather, great people, and I had a blast presenting at the Greater Baltimore Board of Realtors (GBBR) to the Women's Council of Realtors (WCR) on social media networking for real estate agents. I was asked to present based on my experience and success using social media to enhance [...]
A Fantastic Single Family Home on Hunters Run Drive in Hunt Valley Station. Four Bedrooms, Two Car Garage, Large Deck and Hardwood Floors Throughout
**Update July 13, 2009, CONGRATULATIONS! WE SETTLED!**
Have you been on North Charles Street in Towson recently and wondered what is going on? Or have you been driving around I-695, merging over to I-83 North, and been curious about where the trees have gone? Well, the bridge over 695 is being rebuilt, like the ones at Dulaney Valley, York Road, and Reisterstown [...]
Have you ever wondered about those “Zestimates” from Zillow.com ? How accurate are they really? I pondered this recently, as a listing I have coming on the market in Hunt Valley has a Zestimate about $40,000 LESS than the value determined during my true, in-depth market analysis as a licensed Towson Real Estate Agent. (On the other hand, using their “My Estimator” tool brings the value up to over $110,000 HIGHER than its true value!) […]
On January 30th, I wrote about a townhouse in Timonium that sold very quickly due to a smart pricing strategy. The others are all still on the market. But guess what? A new one came on for $300,000. Sold in THREE DAYS. This one was only 2 BR (they knocked out the wall in between [...]
Each day I drive my son to or from school, I drive up Thornton Road. There has been a For Sale sign outside this one house for a very long time. To my delight yesterday, I saw the UNDER CONTRACT sign rider up -- YAY! For those of you who may not know, Thornton Road [...]