**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 [...]
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 [...]
Yes folks, you read that right, the Baltimore Housing Market is Gaining Strength. What? What was that? The sound of glass breaking? Crashing to the ground in disbelief? Well, believe it, and I have proof. My phone, which, for awhile now, I will admit, I thought only made OUTGOING calls, has been ringing. A LOT. [...]
Baltimore area sellers are finding new ways to draw buyers to their homes. I visited a Broker's Open on Wednesday at a townhouse in Timonium. The price? $299,900. The four neighbors also on the market? $319,000-$330,000 and have been for sale from 60-278 days. Guess which one is expecting multiple contracts and will probably get [...]
Eight steps to buying your home 1. Decide to buy. Although there are many good reasons for you to buy a home, wealth building ranks among the top of the list. We call home ownership the best “accidental investment” most people ever make. But, we believe when it is done right, home ownership becomes an [...]