If you browse homes for sale on a regular basis, you may notice a few homes that have gone under contract but then come back up again as "Back on Market." Why would a home sale contract fall through? First, I want to note that each real estate contract is different and has different terms. [...]
Maryland real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending January 29, 2023. Bright MLS currently covers seven states, so there are statistics for a number of areas. There is a general overview for the entire MLS, and later there is specific state [...]
Can I remove my house photos from Zillow and other websites? The answer is both yes and possibly no. When a seller lists a home for sale with a real estate brokerage in the MLS (Multiple Listing Service,) at least here in Towson, Maryland, the listing agreement comes with terms about sharing photos and videos [...]
How much of a downpayment do you need to buy a home? The long and short of it is that it depends on your situation, loan qualifications and loan type. That being said, according to a NerdWallet Home Buyer Report, 62% of Americans believe you need to put 20% down on a house. In reality? [...]
Maryland real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending January 22, 2023. Bright MLS currently covers seven states, so there are statistics for a number of areas. There is a general overview for the entire MLS, and later there is specific state [...]
Maryland real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending January 15, 2023. Bright MLS currently covers seven states, so there are statistics for a number of areas. There is a general overview for the entire MLS, and later there is specific state [...]
The Baltimore home demand index for January 2023 was 62, a drop of 14 points to the "limited" category from the Baltimore home demand index for December 2022 that was "slow" at 78. (Note that the index is one month behind, meaning the data for the January 2023 report is from December 2022.) The Baltimore [...]
What will happen in the 2023 real estate market? With 27 research firms with 27 different forecasts weighing in, the guess is probably somewhere in the middle of the predictions. Realtor.com has the most optimistic outlook of the 27. Economists at Realtor.com think that the median price of existing homes will rise 5.4% this year, [...]
I am truly proud to be a Cummings & Co. Realtor. I have been a licensed Maryland real estate agent for over 24 years as of October 2022. I have been affiliated with three brokerages during that time. As I have noted in the past, I do not change companies without a lot of research, [...]
The Baltimore real estate market has certainly shifted over the past few months. With rising interest rates for mortgages, but prices still staying higher than years' past, the demand for homes has dropped significantly. Though there are some areas of the Baltimore real estate market where you may still find multiple buyers bidding on homes, [...]