This Month in Real Estate August 2014 is out! Home sales activity rose to a pace of 5.04 million, up from the 4.91 million we saw last month in This Month in Real Estate July 2014. The median home price also rose significantly, to $223,000 from last month's $212,000! The average interest rate dropped slightly [...]
This Month in Real Estate July 2014 has been released. Home sales activity rose to a pace of 4.89 million, up from the 4.66 million we saw last month in This Month in Real Estate June 2014. The median home price also jumped up from $201,000 last month up to $213,000! Last year at this [...]
This Month in Real Estate June 2014 has been released. Home sales activity remained at a pace of 4.65 million, up slightly from the 4.6 we saw last month in This Month in Real Estate May 2014. The median home price jumped up from $198,000 up to $201,000! The average interest rate fell just a [...]
This Month in Real Estate May 2014 is out! Home sales activity remained at a pace of 4.6 million, same as last month, as seen in This Month in Real Estate April 2014. The median home price jumped from $189,000 up to $198,000! The average interest rate rose very slightly to 4.33% from 4.32% last [...]
This Month in Real Estate April 2014 is out! Home sales activity remained at a pace of 4.6 million, same as last month, as seen in This Month in Real Estate March 2014. The median home price also remained at $189,000. The average interest rate dropped very slightly to 4.32% from 4.33% last month. The [...]
This Month in Real Estate March 2014 has been released! Home sales activity dropped a bit to a pace of 4.6 million, down from the 4.9 million seen in This Month in Real Estate February 2014. Another drop was the median home price from $198,000 to $189,000. This is down 4.5% from last month, but [...]
You're a Towson homebuyer, and you're very excited about the house you saw yesterday. You post on facebook about how you think you may have found the house of your dreams. 20 people comment, congratulating you. Two happen to be friends with the seller's listing agent. That person (the seller's listing agent) sees their comments. [...]
This Month in Real Estate for June 2011 has just been released! First, Jay Papasan discusses the numbers: Home sales remained steady in May at a pace of 5.1 million home sales for the past 12 months. The median home sales price is up to $164,000 from last month. The average rate for a 30 [...]
This Month in Real Estate for May 2011 is out! Jay Papasan first addresses the numbers, with both home sales and median price being up over last month. Freddie Mac's data showed that the average rate for a 30 year fixed mortgage was 4.8%. Jay then discusses research about the one thing you can do [...]
This Month in Real Estate for April 2011 is out! First, Jay Papasan discusses the numbers. The current national average for a mortgage rate is 4.8%, according to Freddie Mac. Then he discusses how much time you should spend with an agent before looking at homes. The first step should be a buyer consultation, that [...]