December 2008 Sales Up!

Posted Posted in Annapolis, MD real estate, Anne Arundel County real estate, buying, Chesapeake Bay area real estate, homes, Maryland real estate, real estate, selling

As December 2008 residential real estate resales results were reported, a surprise was in store as sales were up. Reports indicate that buyers are taking advantage of lower prices and 45% of the sales were of foreclosures and short sales. A short sale occurs when the seller agrees to take less for the property than what […]

Welcome 2009, Goodbye 2008

Posted Posted in Annapolis, Annapolis, MD real estate, Anne Arundel County real estate, buying, Chesapeake Bay area real estate, homes, Maryland real estate, real estate, selling, Uncategorized

As we welcome a new year, we say goodbye to the old one happily. The real estate industry is happy to turn this page and we remain optimistic for a rebound in the industry. Rates are very low in the 5’s and prices are great, so it is a great time to buy a home. […]

Residential Resale Market Climate October 22, 2007

Posted Posted in Annapolis, Annapolis, MD real estate, Anne Arundel County real estate, buying, Chesapeake Bay area real estate, homes, Maryland real estate, real estate, selling

While September’s inflation figures came in low, new home starts and building permits were down last week. Industry analysts are predicting higher foreclosures rates ahead as approximately 500,000 homes face interest rate adjustments that may add to the already record high rate of foreclosures. The addition of inventory due to foreclosures may impact resale market prices due to […]