Carlyn Lowery, Associate Broker, Lowery Home Team at eXp Realty, Annapolis and Anne Arundel County MD Real Estate

603F Oakland Hills Ct, Arnold, MD 21012 Just Listed for Sale

UPDATE: SOLD IN 32 DAYS! We have other homes available including some that are not yet on the Internet – please call and we will help you find the right home!

We just listed this nice affordable condo in Arnold, which may be a great opportunity for you or someone you know. You can check it out at https://annapolisdreamhomes.com/Property/603F-Oakland-Hills-Court-Arnold-Maryland

 

603F Oakland Hills Ct in Arnold MD

Also, everyone’s talking about the stock market gyrations – it’s exciting that the market is up now, yet who knows what’s next?  Some folks are moving their money out of stocks, and a property like this might be a good place to park it.  Or, it could be a good place for a first-time buyer or someone looking to downsize.

At the same time as the stock market has been climbing, mortgage interest rates have gone up a bit in the last couple of days.

We are seeing a tremendous increase in market activity in my office recently – my new office, that is!  I have just moved to eXp Realty, located nearby at 97 and Benfield.  It’s a great office, with a tremendous group of new colleagues, and as a sailor, I love the name!

Please let me know right away if you are looking to make a real estate move this Spring.  Lots of people are getting homes ready for the market, and I may be able to find you the right place before it hits the MLS.  Also, agents and buyers are inquiring about what’s available and not yet listed, so I may be able to find a buyer if I know that you are getting ready to sell.

P.S. Considering a move?  Please call for a confidential chat.  Your personal needs, wants, and finances are my priority and my passion and my specialties run from waterfront luxury estates to distressed properties.

Call me today for your Annapolis real estate needs, or for an introduction to a great real estate agent anywhere.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate,Annapolis Waterfront Homes, Annapolis Luxury Homes, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Local web sites in and around Annapolis, Maryland

Annapolis Luxury Home Sales Soared in Final Months of 2012

CNN reported Tuesday that luxury home sales soared in final months of 2012, which prompted me to do further analysis on our local market. CNN wrote:

Many sellers wanted to cash in on their homes before a widely expected capital gains hike — to 20% from 15% — that was part of the fiscal cliff budget deal. High-income earners (singles with income of $200,000 or more and couples making more than $250,000) also wanted to close sales ahead of a 3.8% Medicare surtax on investment income that was already slated to go into effect this year as part of the Affordable Care Act.

All told, a high-earner would pay $88,000 less in taxes if they made a $1 million profit on their home in 2012 rather than in 2013.

That considerable tax savings motivated many wealthy homeowners to move fast. According to the National Association of Realtors (NAR), sales of homes valued at $1 million or more spiked 51% in November compared with a year earlier.

Locally in Anne Arundel County, we also saw a year-end spike in high-end sales. The Institute for Luxury Home Marketing defines the luxury market as the top 10 percent of sales. For us, these are homes that sold above $600,000.

Sales of homes above $600,000 in Anne Arundel County increased 24% in 2012 over 2011, and the settlements in the fourth quarter were 47% above 2011.

Sales of homes above $1,000,000 also increased, yet not quite as much.  Those sales in 2012 were 12% above 2011, and in the fourth quarter, 8% higher than 2011.

With the market strengthening, especially in the higher end, and interest rates remaining at historic lows, 2013 looks like a good year for those who want to make a move.

P.S. Considering a move?  Please call for a confidential chat.  Your personal needs, wants, and finances are my priority and my passion and my specialties run from waterfront luxury estates to distressed properties.

Call me today for your Annapolis real estate needs, or for an introduction to a great real estate agent anywhere.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate,Annapolis Waterfront Homes, Annapolis Luxury Homes, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Local web sites in and around Annapolis, Maryland

Anne Arundel County Real Estate Market Statistics December 2012

In Anne Arundel County, 2012 sales were much stronger than 2011, with 13.94% more homes sold (a total of 5859).  Plus, they sold 11.48% faster, with an average of 108 days on market.

Sales of waterfront homes in Annapolis in 2012 were up a full 32% compared to 2011.  Across Anne Arundel County, sales of waterfront homes were up 23% compared to the previous year.

Now we have an inventory shortage.  Buyers are shopping, and sellers are needed!  If you or someone you know is thinking of selling this year, it’s time to get started!

Our local real estate market ended the year strong with a busy holiday season.

Last month, 441 sales closed, more than the previous December by 14.84%. Listings are down 22.43%, to 2,085, as compared to 2,688 a year ago.

Anne Arundel County Real Estate Market Statistics December 2012

Anne Arundel County Real Estate Market Statistics December 2012

Here are more numbers on home sales, for December 2012 vs. December 2011 for Anne Arundel County:

  • Average Discount Off Original Price: 6.7% (was 11%)
  • Average Days on the Market: 96 (down 31.91%)
  • Number of Homes for Sale: 2,085 (down 22.43%)
  • Total Sales: $153,854,572 (up 15.94%)
  • Average Sold Price: $348,877 (up 0.96%)
  • Real Buyers (Home Sold): 441 (up 14.84%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2013 – Information deemed reliable, but is not guaranteed.)

We have moved from a balanced market into a sellers market, with approximately 4.7 months of inventory.   Of course, conditions differ within sub-markets; each price range and neighborhood differs.

Considering a move? Don’t hesitate to call any time, for a confidential chat.  Let’s get started.

I love to talk about real estate, and sell everything from waterfront luxury estates through distressed properties.

P.S. Considering a move?  Please call for a confidential chat.  Your personal needs, wants, and finances are my priority and my passion and my specialties run from waterfront luxury estates to distressed properties.

Call me today for your Annapolis real estate needs, or for an introduction to a great real estate agent anywhere.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate,Annapolis Waterfront Homes, Annapolis Luxury Homes, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Local web sites in and around Annapolis, Maryland

Cyber Monday Real Estate Sale

I hope you had a wonderful Thanksgiving weekend, and enjoyed some time off with friends and family.   The pie giveaway last week was great fun, a wonderful way to launch the holiday weekend.  It was such a pleasure catching up with folks.

Now, my email box is flooded with Cyber Monday deals, inspiring me to make an offer to you.

Have you been thinking of making a move, or do you have a friend who is?  Anywhere in the United States or abroad?

If you call and make an appointment with me today, and hire me or the person I recommend as your agent by December 1st, 2012, you will get a free $250 Visa gift card upon settlement.  To get this deal, you must mention this offer when you make your appointment.  This offer is also valid for your friends, so please feel free to share.

Yes, it’s true, $250 isn’t that much compared to the cost of a home.  Usually, I help people save thousands of dollars, have smoother and easier moves, and enjoy homes of their dreams.  That’s the best reward.

Happy holidays!

P.S. Considering a move?  Please call for a confidential chat.  Your personal needs, wants, and finances are my priority and my passion and my specialties run from waterfront luxury estates to distressed properties.

Call me today for your Annapolis real estate needs, or for an introduction to a great real estate agent anywhere.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate,Annapolis Waterfront Homes, Annapolis Luxury Homes, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Local web sites in and around Annapolis, Maryland

Anne Arundel County Real Estate Market Statistics September 2012

We’ve got an inventory shortage, buyers are shopping, and sellers are needed!

As you may remember from my report in the Spring, sales were up, inventory was declining, and we had moved into a balanced market.  The market has shifted even further…

Anne Arundel County Real Estate Market Statistics September 2012

Anne Arundel County Real Estate Market Statistics September 2012

Last month, 473 sales closed, more than the previous September by 9.74%. Listings are down 23.48%, to 2,624, as compared to 3,429 a year ago.

Here are more numbers on home sales, for September 2012 vs. September 2011 for Anne Arundel County:

  • Average Discount Off Original Price: 7% (was 9%)
  • Average Days on the Market: 97 (down 16.38%)
  • Number of Homes for Sale: 2,624 (down 23.48%)
  • Total Sales: $175,700,501 (up 18.20%)
  • Average Sold Price: $371,460 (up 7.7%)
  • Real Buyers (Home Sold): 473 (up 9.74%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2012 – Information deemed reliable, but is not guaranteed.)

And specifically in the waterfront market, sales of waterfront houses in Annapolis are up a full 30% year-to-date compared to this time last year.

We have moved from a balanced market into a sellers market, with approximately 4.5 months of inventory.   Of course, conditions differ within sub-markets; each price range and neighborhood differs.

Considering a move? Don’t hesitate to call any time, for a confidential chat.  Let’s get started.

I love to talk about real estate, and sell everything from waterfront luxury estates through distressed properties.

P.S. Considering a move?  Please call for a confidential chat.  Your personal needs, wants, and finances are my priority and my passion and my specialties run from waterfront luxury estates to distressed properties.

Call me today for your Annapolis real estate needs, or for an introduction to a great real estate agent anywhere.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate,Annapolis Waterfront Homes, Annapolis Luxury Homes, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Local web sites in and around Annapolis, Maryland

Here are some client reviews of Carlyn Lowery…

“Carlyn got us a quick sale above the asking price. She qualified prospects well, used a professional photographer for advertising photos, and provided expert advice during negotiations. Carlyn is what other Realtors aspire to be!”
– Paul Donnelly

“As first time home buyers, Carlyn Lowery was very attentive to our basic needs of walking us through each step of the home buying process from a novice standpoint. The long detailed list of items due at specific times from the start of the contract all the way through to the week of closing was greatly appreciated. It was great having an agent who took the time to clearly lay this all out for us. End result – a very smooth time at settlement. No surprises!”
– Ann Hannam

“We wanted a professional who would work with us to sell our home
quickly for a good price and protect our interests as sellers through the process.
Carlyn’s business acumen is her (and will be your) greatest asset.”
– Sue Bogard

“Carlyn was wonderful. She was organized, prepared, and knew the steps to take to sell our home quickly and used a wide array of marketing to get the job done. She gave great advice
during each of the phases, and in particular on the negotiation.”
– Michael Morgan

 

Questions? Call Carlyn Lowery today.

443-569-3977 – Direct
888-860-7369 x146 – Main Office
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