Do you know someone who would be interested in renting their property, furnished?
Or someone who could use someone local to keep an eye on their property while they are out of town?
Maybe snowbirds who are heading south for winter?
With the temperature today, it feels like a good time to get going!
Some great resources are available to help with these situations, just ask me for details.
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.
Are you renting a home, or do you have friends or family members who are?
Wouldn’t it be great to build wealth through real estate and maybe even live rent-free?
Lots of people are very cautious or just don’t know what they can do. Many people have student loan debt and they are working to pay it off, and they don’t have much money for a downpayment.
By putting in a bit of extra effort and being creative, it’s possible to save money by buying a home, and even cover your housing expenses. Even in a high-cost area like Annapolis and Anne Arundel County.
Scott Trench shared some great ideas in the Millenial Money blog article, titled “House Hacking | How to Live for Free”. As Scott wrote:
House Hacking is having your cake, and eating it too. It’s a mix between buying a personal residence and investment property.
House hacking occurs when you buy a piece of investment real estate, live in one of the units or bedrooms, and rent out the others.
One of my clients recently did this, and she is thrilled to have her roommates helping to pay off her mortgage!
If you want to find out how she did it, and explore what you can do, let me know!
| 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. |
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.
Here are some market statistics for August of 2019 in Anne Arundel County, compared to last year:
(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.
