Towson has held value over the volatile last few years. Average sales price was actually UP in 21286 to $330,255 from $246,288 last December. Sales were down slightly, with only 11 homes changing hands versus 15 last year, but that makes the average price even more significant. Three townhouses in Towson sold with an average [...]
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 [...]
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 [...]