fbpx

Carlyn Lowery - eXp Realty - Annapolis, MD Real Estate

Fixing vacant abandoned neglected properties and improving neighborhoods

By

Around Halloween, vacant, scary houses are thrilling!  

For some people, including some of my real estate clients, these houses are thrilling not only in October, but all year round. 

If you know of a local neglected, abandoned, or vacant property ,in or around Annapolis and Anne Arundel County, Maryland, you can help improve our community. If you let me know about a property like this, then I may be able to get local investor to turn it around.  

If you share a physical address or name and phone number for an owner of an unwanted property, I’ll get to work on it right away.

Pocket Listings in Anne Arundel County – Private Exclusive Listings

By

Are you looking to buy a house for less or sell a house for less? Interested in pocket listings, off-market listings, private exclusive listings, properties that are not in MLS? Do you want to sell your house the best way?

Perhaps you have seen more creative real estate ads lately. Competition is fierce. 

And new guidelines mean that marketing strategies are changing. What worked yesterday may not work today, and what works today may not work tomorrow.

Michele Lerner recently wrote in the Washington Post article “‘Pocket listings,’ those secretive, off-market offerings of homes for sale, to disappear in the D.C. area”:

If you’ve ever been the recipient of an email blast from a real estate agent with photos, prices and information on “private exclusive listings,” you may have felt privileged. But for other real estate agents and buyers, the practice of pocket listings, also known as office exclusive listings or off-MLS (multiple listing service) listings, is frustrating.

Now that practice in the Washington area may be coming to an end.

It’s a hot debate about eliminating “pocket listings” and making all information available to home buyers. At the same time, sellers want things done their way, at their convenience, and to their advantage. Obviously, different people have different interests, and the landscape is changing.

Be sure to plan well in advance for your next move. To get the best outcome, find out about the latest market changes, and act accordingly. 

Talk to me early! What’s your dream home?

My systems for buying and selling homes are constantly being updated to provide the best client service possible. Do you want to:

* Keep the most money in your pocket?
* Make showings as easy as possible?
* Coordinate the timing of your buying and selling to make your move as smooth as possible?

When you are ready, let’s discuss these and other goals, and map out a path that works for you.

Anne Arundel County Real Estate Market Statistics August 2019

By

Contract Pending 8203 Connors Lane Millersville MD 21108

Are you wondering what is going on in the Anne Arundel County real estate market? You can use local market statistics to help make the best choices.

Let me know if you would like the numbers for your neighborhood.  

Or if you’d like to get regular updates on homes for sale in your area, or another area that you are thinking about, just ask.

Winning in Today's Real Estate Market

How do you win in today's real estate market?What are the latest real estate market statistics, and what do they mean for you?⏳📊🏆

Posted by Carlyn Lowery Exceptional Homes at EXP Realty, Annapolis MD Real Estate on Monday, September 16, 2019
Watch video on Facebook

Here are some market statistics for August of 2019 in Anne Arundel County, compared to last year:

  • Average Discount Off Original Price: 2.7% (was 3.4%)
  • Average Days on the Market: 54 (down 21.74%)
  • Total Sales: $366,155,110 (down 4.51%)
  • Average Sold Price: $404,591 (down 4.51%)
  • Real Buyers (Homes Sold): 907 (up 0.22%)
  • Pending Sales (Homes Under Contract): 1,497 (up 19.38%)

(Source: Bright MLS Copyright 2019 – Information deemed reliable, but is not guaranteed.)

While the numbers show that on average homes sold faster, and about the same number sold, looking more closely shows a different story.  Only 562 detached homes were sold, compared to 596 last year, a 7.38% reduction.  The increased sales have been townhomes and condos.

Also, because we are so active in the market, my colleagues and I have noticed a trend that hasn’t made headlines, and is not so obvious at first glance. You find these things out by talking to people active in the business. More contracts have been falling through. For a lot of people, this has made the moving process even more of an emotional roller coaster than it usually is!

In order to give the best advise to my clients, I looked over the numbers in more detail. In the past few months, there has been a growing gap between contracts and homes sold. In August, new pending sales rose sharply – 1,497 contracts pending, an overall increase of 19.38%. Yet, the number of homes sold was nearly flat compared to last August.

What this means for you, if you are planning a move, is that it is important to get professional advice and get ready for the market conditions that affect your particular type of property. It’s important to look beyond the averages and get into your specific part of the market. And, have a strategy to “bulletproof” your contract, to give yourself the best chance of getting from contract to closing.

If you or someone you know is looking to make a move, anywhere in the country, don’t hesitate to ask me for information.  I’d love to help.

As always, feel free to share this post with anyone who might be interested.

Anne Arundel County Real Estate Market Statistics June 2019

By

Wishing you and yours a wonderful Summer!

Now that we are more than half way through the year, here are some updated market statistics.

Let me know if you would like the numbers for your neighborhood.  

Or if you’d like to get regular updates on homes for sale in your area, or another area that you are thinking about, just ask.

This year, the local real estate market started off stronger than it did last year.  Yet this past month of June 2019 was slower in sales.  

Here are some market statistics for you for the first six months of 2019 in Anne Arundel County, compared to last year:

  • Average Discount Off Original Price: 2.8% (was 2.9%)
  • Average Days on the Market: 72 (down 8.86%)
  • Total Sales: $1,862,945,250 (up 5.20%)
  • Average Sold Price: $408,630 (up 4.12%)
  • Real Buyers (Homes Sold): 4,565 (up 1.17%)

(Source: Bright MLS Copyright 2019 – Information deemed reliable, but is not guaranteed.)

While the year started off stronger than last year, we saw a slowdown in June, compared to last year.  Only 918 homes were sold, compared to 979 last year, a 6.23% reduction. 

These numbers tell a story, of what has happened in the past.  Everyone wants to know what is coming next.  What we are seeing on the street now is that some sellers who didn’t get their properties sold in the Spring are becoming more flexible, and buyers are often finding more negotiating room, and less competition, than earlier in the year.

If you or someone you know is looking to make a move, anywhere in the country, don’t hesitate to ask me for information.  I’d love to help.

As always, feel free to share this post with anyone who might be interested.

Anne Arundel County Real Estate Market Statistics 2019

By

Wishing you and yours a good Memorial Day weekend.

It’s been a while since I sent out market statistics, so here’s an update.  

Let me know if you would like the numbers for your neighborhood.  

Or if you’d like to get regular updates on homes for sale in your area, or another area that you are thinking about, just ask.

This year, the local real estate market started off stronger than it did last year.  Here are some market statistics for you for the first four months of 2019 in Anne Arundel County, compared to last year:

  • Average Discount Off Original Price: 3.3% (was 3.3%)
  • Average Days on the Market: 81 (down 10.99%)
  • Total Sales: $1,019,277,477 (up 3.47%)
  • Average Sold Price: $392,030 (up 1.13%)
  • Real Buyers (Homes Sold): 2,605 (up 2.52%)

(Source: Bright MLS Copyright 2019 – Information deemed reliable, but is not guaranteed.)

If you or someone you know is looking to make a move, anywhere in the country, don’t hesitate to ask me for information.  I’d love to help.

And if you are looking for entertainment on Sunday, or would be interested in the home shown below, come and see me at the open house!  As always, feel free to share this post with anyone who might be interested.

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