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

Luxury Foreclosure, Annapolis Maryland Waterview Home For Sale

Luxury Waterview Foreclosure Annapolis Maryland

Luxury Waterview Foreclosure in Annapolis Maryland

Last week, while showing homes to a client, I came across an amazing opportunity for someone who is ready to act quickly.

This custom-built luxury home, in the sought-after community of The Downs in Annapolis, offers spectacular water views from many rooms.  It’s a bank-owned property that was just listed with a new agent at the greatly reduced price of $774,900.

At one time, this home was listed for $2,499,000.  The current tax assessment is $1,288,400.  It seems that the bank is ready to get it off their balance sheet.

Are you ready to move fast for the right deal on a high-end home?  Or do you know someone who is?  If so, please call me today!  This one will go quickly.

Here’s a link to this Luxury Foreclosure Annapolis Maryland Waterview Home

Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, 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 2011

Here are the latest numbers on home sales, for December 2011 vs December 2010 for Anne Arundel County:

Average Discount Off Original Price: 11%

Average Days on the Market: 141 (up 17.5%)

Number of Homes for Sale: 2,688 (down 14.64%)

Total Sales: $132,697,257 (up 1.67%)

Average Sold Price: $345,566 (down 1.51%)

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

While the sales numbers are not quite as rosy as November’s, the lower inventory provides some upward pressure on prices, along with the continued extremely low interest rates.

A statistic was just published about people in higher-end homes. As you may know, I have been saying for the past year that it is a good time to sell a modest-priced home and buy a higher-priced home. That’s because modest price ranges have gone down some, but the high end has dropped a lot more.

It was just published that the largest increase in mortgage defaults and foreclosures is in the Jumbo mortgages.

These distressed properties soften home prices even more because they increase the supply of houses on the market that are sold at a discount. That’s exciting for people who have wanted to buy up and haven’t been able to afford the house of their dreams.

Are you thinking of doing something with a higher-end home? Or do you know someone who is?

If your answer is yes, let’s talk.

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

Local web sites in and around Annapolis, Maryland

Is a Good School District in Maryland Important to You?

Living in a good school district is very important to most families, and it seems like every day someone tells me how important it is to rent or buy a home where there are good public schools.  This applies to both owner-occupants and investors who want to buy homes where families will stay long-term.

For information on schools, I often refer people to professionals in education, and Internet resources such as the Anne Arundel County Public Schools web site, and other sites on my Recommended Links page.

Did you hear that Education Week just ranked Maryland’s public schools best in the nation?

That’s good news for Maryland homeowners and home buyers.

Here’s a link to the article “Equipping U.S. Schools for the Global Fast Lane”

Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, 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 Update December 2011

Here are the latest numbers on home sales, for November 2011 vs November 2010 for Anne Arundel County:

Average Discount Off Original Price: 9.62%

Average Days on the Market: 123 (up 4.24%)

Number of Homes for Sale: 2,941 (down 11.68%)

Total Sales: $125,812,587 (up 5.92%)

Average Sold Price: $349,479 (up 8.57%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2011 – Information deemed reliable, but is not guaranteed.)

The numbers show signs of market strength as compared to last year, with lower inventory, higher sales volume, and higher average sold price.  With those positives, most sellers don’t mind the higher average time on market!

The trend continues of many people choosing to stay in their current homes, and making home improvements while the contractors are less busy. (Let me know if you need an introduction to a good contractor.  I know lots of them, and they appreciate the referrals, too.)

Others are finding it’s a great time to take advantage of the opportunity to negotiate a good purchase on a new home.  Of course, it’s not as easy to sell.  Good staging and marketing make all the difference.

To beat the averages, get good advice as you plan your next move.

Would you like to know what is happening in your neighborhood? Just ask.

Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, 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 Update November 2011

Here are the latest numbers on home sales, for October 2011 vs October 2010 for Anne Arundel County:

Average Discount Off Original Price:  8.67%

Average Days on the Market:  123 (up 6.96%)

Number of Homes for Sale:  3,261 (down 9.44%)

Total Sales:  $119,453,226 (down 8.77%)

Average Sold Price:  $323,721 (down 9.51%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2011 – Information deemed reliable, but is not guaranteed.)

To beat the averages, get good advice as you plan your next move.

Would you like to know what is happening in your neighborhood?   Just ask.

Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, 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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