Feb. 12, 2008 - RENTAL SPECIAL! |
FIRST MONTH'S RENT ONLY $875!!
1 year old luxury condo in Eden Brook, Odenton, MD
Check it out.....
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Jan. 22, 2008 - NVR Garage Townhome in Elkridge |
Hello! Check out my new townhouse listing in Village Towns, in Elkridge!
Only 2 years old - 3 BR, 2.5 BA GARAGE townhome with massive family room,
sunroom, gourmet kitchen, hardwood floors and
convenient to Rts 1, 175, 32, 100 and 95!
For photos and more info visit
http://www.Talk-To-Tina.com/OakGroveWay.htm |
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Jan. 22, 2008 - New Rental Listing in Clarksville |
Hello! Check out my new rental listing in the Villas at River Hill, in Clarksville!
Only 3 years old - 2 BR, 2 BA unit with secure entry in a convenient location.
For photos and more info visit
http://www.Talk-To-Tina.com/Whaleboat.htm |
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Jan. 7, 2008 - Sales Trends Up in 2008 |
NAR Anticipates Existing Home
Sales to Trend Up in 2008
Did someone say we're in a down market? You could have fooled me! I've never been busier! Properties ARE staying on the market a bit longer than they did in the recent past, (about twice as long than 2005) but there are still serious buyers purchasing everyday! What's the difference in the marketplace? Inventory. It's basic the old supply and demand issue. We currently are carrying roughly 4 times more active listings then we were in January of 2006 (a total of 16,660 to begin 2008 compared to 4114 in January 2005) in the Baltimore/Metro Area (encompassing Anne Arundel, Carroll, Harford, Howard, Baltimore City & County). This gives buyers a lot to choose from and allows them to be more selective. Because there is no apparent urgency, buyers are typically taking more time now to view everything in their price range, not wanting to leave any stone unturned. Think back a few years though, it wasn't all that long ago when buyers were having to view properties within hours of a new listing hitting the market only to be competing with many other offers.
The National Association of Realtors Chief Economist, Lawrence Yun anticipates national sales in 2008 to be at "fairly stable to slightly higher levels". He goes on to say "The broad trend over the coming year will be a gradual rise in existing home sales, but because sales are exceptionally low in the final months of 2007, total sales for 2008 will be only modestly higher than 2007"....."Existing nationalhome prices should be down 1.9% to a median of $217,600 for all of 2007, and then rise .3% to $218,300 in 2008". Click here to view the entire article
So, if you've been considering a move, whether buying or selling, I’d be honored if you’d allow me to help. If you're selling - the key to maximizing your profits in a changing market remains consistent - prepare your home properly, price it competitively and hire a professional to market your home aggressively. It’s never too early to begin planning your move. I’m happy to assist with pre-list staging if you’d like – just call or e-mail me! (410-975-3212 or Tina@Talk-To-Tina.com) If you're looking to buy - you'll want a knowledgeable professional to assist you through the entire process from financing through settlement. One who can negotiate on your behalf and help you achieve your dreams!
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Nov. 28, 2007 - Anne Arundel Vicinity Real Estate Trends |
You need only glance through the Sunday paper to get inundated with the "doom and gloom" perspective of reporters on today's marketplace. It's been so frustrating to read knowing that the reality from MY vantage point is a bit different. True, the market has shifted a bit over the last few years. Many of us reaped the benefits of annual double digit appreciation - but is there truly anyone that anticipated that those types of gains could continue? I certainly didn't. Unfortunately, I continued to see first time homebuyers being squeezed out of the housing market. The rate at with appreciation was accelerating HAD to slow down. True, some sellers who may have purchased when the market was at its peak may have suffered some losses if they found themselves in a position where they were forced to sell. Overall - what we've recently experienced is simply an adjustment. Those of us who've been in the business for any length of time have lived through adjustments before. They're a fact of life - like babies growing up and moving away, and life moving on.
Where does that leave us now? Some economists have predicted another year of depressed real estate prices before a recovery begins. I tend to believe that we in the Baltimore-Washington corridor are fortunate when it comes to real estate values in that we live in an extremely transient area. On September 22nd, Kenneth Harney wrote an article for the Washington Post noting the most recent trend of appraisals coming in with higher valuations then contract prices agreed to by the parties. Is this an indication that we've bottomed out and are on the rise again? Time will tell.
If you've been thinking of a move but have been waiting for the recovery to begin before you "jump-in" - you may want to rethink your logic. For the first time homebuyers - NOW's the perfect time, while we're still in a buyer's market - to get the maximum amount of assistance in closing help or concessions because of the high supply of properties on the market. If you're thinking of moving up to a more expensive home - NOW's the perfect time for you as well! Hypothetically, if the market has been depressed by - let's say 10% - and you're selling a $200,000 home, your potential loss could be $20,000. If you're in the market to purchase a home for $400,000 now - that homes value has also been depressed by the same 10% - or $40,000, which puts you at a $20,000 advantage to make your move now!
Thanks for visiting!
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