This Month in Real Estate for March 2011 has been released, and is full of information about rising interest rates and how sellers can showcase their homes best online. First, Jay Papasan shares that mortgage rates jumped, creating a sense of urgency for some buyers. The average fixed rate for a 30 year fixed mortgage [...]
This Month in Real Estate for February 2011 shares that 89% of all homebuyers begin their home search online. Jay Papasan also shared that home sales were at an annual rate of 5.3 Million with a median home sales price of $168,800, and the national average mortgage interest rate was 4.71%. For selling a home [...]
Download the Brochure (PDF) Schedule an Appointment Ask a Question View Virtual Tour Explore this wonderful Towson home for sale at $239,900... First Floor Second Floor Finished Basement Exterior Neighborhood (Click on Any Picture to Enlarge) Towson Park Townhouse in Towson, Maryland This end-of-group townhouse, built in 1955, is located in the Towson Park community [...]
This Month in Real Estate for January 2011 has been released. The January episode begins with the National Association of REALTORS(R) statistics on how Home Affordability is at an all time high. Jay Papasan discusses these statistics, sharing that home payments are only 13.6% of the median family household income. In 2007, the percentage was [...]
The 21204 Home Sale Statistics for November 2010 had both highs and lows. The amount of sales dropped slightly, about 3%, over the same period last year. Here is the report. The good news is that the average sales price jumped over 44% to $516,938 from $358,083. There were 17 new houses listed to bring [...]
The 21286 zip code of Towson, MD had decent home sales statistics for November 2010. Towson real estate encompasses 21286 and 21204. The zip codes have very different market areas and statistics! The average sold price in 21286 was up 9.36% over the same period last year. That is great news for Towson homeowners! Average [...]
This Month in Real Estate December 2010 is ready for viewing. First, Jay Papasan shares that houses on the market as "For Sale By Owner" has dropped from 11 percent to nine percent nationwide. From a recent poll from the National Association of REALTORS, on average, homes tend to get more money when an agent [...]
The Towson home sale statistics for October 2010, specifically the 21204 zip code, were down in a number of areas, compared with the same time last year. Total sold dollar volume was down 40.91% and only four houses settled in the month, with seven settling last October. Though there were three fewer settlements, the prices [...]
With the many changes in the mortgage industry, it is hard to keep up with what deadlines are coming up next. On December 7, 2010, the FHA condo recertification process must be completed by each individual condominium complex in order to be eligible for homebuyers to receive FHA financing in their building. There is an [...]
Towson home sale statistics for September 2010 fared much better than most of Baltimore County, according to data released by MRIS, the Metropolitan Regional Information Systems, Inc over September 2009. Focusing specifically on the 21204 zip code, which includes Towson, Ruxton, West Towson, and the Riderwood area, the numbers are very positive, while the majority [...]