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

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Anne Arundel County Real Estate Market Statistics April 2018

Here are some market statistics for you for the year to date through the end of April in Anne Arundel County, compared to last year:

  • Average Discount Off Original Price: 3.3% (was 3.9%)
  • Average Days on the Market: 74 (down 5.13%)
  • Number of Homes for Sale: 2,131 (down 10.6%)
  • Total Sales: $985,064,163 (up 3.12%)
  • Average Sold Price: $387,668 (up 5.96%)
  • Real Buyers (Home Sold): 2,541 (down 2.68%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2018 – Information deemed reliable, but is not guaranteed.)

Anne Arundel County Year To Date Market Statistics Through April 2018

Anne Arundel County Year To Date Market Statistics Through April 2018

It’s a seller’s market.  Inventory is low, with just 2.9 months of supply on the market.  And, as you may have heard, the Fed has been slowly raising interest rates
Mortgage Rates Back at 4-Year Highs Ahead of Inflation Data
The uncertainty is causing many savvy buyers to move more quickly than they might have otherwise.   We can see that the news is getting out – per Mortgage News Daily,
Optimism Over Selling Sends Housing Index to Record High
Yet the inventory shortage is still in place.

This means that homeowners have the opportunity to take advantage of the situation.  It’s the time to sell for top dollar and get a good buy on the next home.  Now is the time to get started, in order to complete a move this year.  Who do you know who might be interested in making a move? 

If you know someone who is curious what their house would fetch in today’s market, and what else might be available, please introduce us.  I’m happy to help them find that out!

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 April 2018

Anne Arundel County Real Estate Market Statistics April 2018

 

DC Area Real Estate Market Update March 2018

As you may remember from my earlier post, market factors are making it a good time to move, perhaps the best time in the last ten years.

Inventory is low, in many places including Anne Arundel County, at the lowest in ten years.  In the DC metro area, it is at the second lowest point in ten years.  Here’s a chart of Active Listings in the DC Metro Area.

Median sold prices have been rising, which means that many people who had not had equity and were not in a position to sell, now have the opportunity to do so.  Here’s a chart of Median Sold Prices in the DC Metro Area.  If you are wondering if your house might have regained value and put you in a position to use your equity and make a move, you can get a free market analysis.  Just ask!

Interest rates have been moving upwards so far this year, giving buyers reason to move before they go even higher.  And, for those buying at the higher end, and seeking jumbo financing, there’s good news that the jumbo rates have been tracking very closely with the regular rates.  We help buyers get great deals as well, through preparing them for quick action and negotiating hard on their behalf.

We just got multiple offers on a house for one of our seller clients this week, and negotiated a good deal for them.    Our client is on the path towards closing, turning an unwanted house into money in the bank.

A recent Fannie Mae consumer survey showed that only 36% of people thought that it was a good time to sell. Please help me get the word out about what is actually happening in the real estate market – share this message and let me know who else would like to receive this kind of information.

And for specific information on your house and your local market, send me a message.  I’m wondering…

Who’s next?  Who can we serve now?

If you know of someone who is looking at moving, let’s talk right away – call, text, or email me at 443-569-3977.  I want to support you and your friends, colleagues, and clients in making the best decisions.

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

URGENT: Is it a good time to sell my house?

Who do you know who is thinking of moving this year?  Wondering… is it a good time to sell the house?

This is a quick note to say yes, Act Now!

Current market data that I have gotten from the MLS and other reliable sources, including conversations with local Realtors, is showing that a combination of factors are making now a good time to sell, whether to move up or downsize.

  1.  Listing inventory is low – the lowest inventory in TEN YEARS in Anne Arundel County (1741 listings at the end of January, down 14.5% from last January)
  • Interest rates are rising – recently hitting a four-year high of 4.58% on 30-year fixed mortgages– causing buyers to get off the fence and get shopping.

Here are some relevant charts and articles.


Active Listings Anne Arundel County Maryland

Home Price Increases Since 2011 More Than Triple Income Gains

Existing Home Sales Decline, Inventory Still a Big Issue

If you know of someone who is looking at moving, let’s talk right away – call, text, or email me at 443-569-3977.  I want to support you and your friends, colleagues, and clients in making the best decisions.

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

Making a difference – real estate and beyond

Martin is a wonderful man who I had the honor of meeting when he chose to buy a home near Annapolis. We worked together, and succeeded in getting a wonderful home for his family. One of the most satisfying parts of working in real estate is helping great people live in exceptional homes that support their goals and dreams.

Agua y Luz para Utuado

Agua y Luz para Utuado

Martin sent me an email message last week, that touched my heart. I would like to share his message with you, and invite you to make a contribution, to make a difference for Martin’s friends and family in Puerto Rico.

Here’s what Martin wrote,

In the absence of any communication with my family in Puerto Rico after hurricane Maria, last week I decided to fly to Puerto Rico to find them. I found my family and friends and they are all fine but the country’s infrastructure was completely destroyed. I have to highlight the fact that the island’s infrastructure was destroyed but Puerto Rico wasn’t. Some media outlets are portraying an image of low morale with people basically waiting to die but that is not what I found there. I found people trying to assimilate the depth of the damage caused by the storm but at the same time moving forward and balancing the daily challenges of finding water, food and fuel with efforts to clean our town and restore what was lost. Among all the chaos and destruction I felt uplifted by the fact that I didn’t see anyone depressed or even crying. I found people moving and working hard every day. I saw a lady from our neighborhood working day and night removing mud from her house after it was flooded by the nearby river. The image that stayed with me was that lady removing mud from a flower vase in front of her house, getting it ready for a future when we will have flowers again.

Based on everything that I saw, I consider that my hometown will be without running water and electricity for weeks or even months. Most of the power lines are on the ground and the water supply infrastructure was severely damaged. With a mindset of “think globally, act locally” I’m reaching out to you to help the people of Utuado. Your donations will be used to provide recovery tools including generators (to run at least a refrigerator), water purifiers, solar/dynamo crank radios (batteries are scarce and they don’t have access to the news), solar powered flashlights and solar lighting systems.

The post office opened a few days ago and we can easily ship these items to Utuado.
– Portable 2200-Watts Inverter Generator: $624 + $105 for shipping
– Water Purifier: $59.50 – Radio/Charger Unit: $55.00
– Solar Powered Flashlights: $12.99 – Solar home lights system: $149.99

I don’t have a set goal because any contribution helps. Please help me share this request with as many people as possible.
Click here to support Agua y Luz para Utuado organized by Martin Negron

You may contribute directly to this project, providing vital resources such as water and light for people in Puerto Rico, using the link above.

And, when you refer a client to me in October, then when their home sale or purchase closes, we will send a $250 donation to a charity of their choice, or to Martin’s GoFundMe project.

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

Anne Arundel County Real Estate Market Statistics June 2017

Here are some market statistics for you for the year to date through the end of June in Anne Arundel County, compared to last year:

  • Average Discount Off Original Price: 3.3% (was 4.6%)
  • Average Days on the Market: 68 (down 17.07%)
  • Number of Homes for Sale: 2,579 (down 9.38%)
  • Total Sales: $1,760,540,478 (up 10.35%)
  • Average Sold Price: $379,345 (up 5.09%)
  • Real Buyers (Home Sold): 4,641 (up 5.02%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2017 – Information deemed reliable, but is not guaranteed.)

It’s a seller’s market.  Inventory is low, with just 2.4 months of property on the market.  And, as you may have heard, the Fed has been slowly raising interest rates, and we are facing a debt ceiling issue in a few weeks.  The uncertainty will motivate many savvy buyers to move more quickly than they might have otherwise.

All of which means, we are looking for more sellers, who would like to take advantage of the situation.  Now is the time to get started, in order to complete a move this year.  Who do you know who might be interested in making a move? 

If you know someone who is curious what their house would fetch in today’s market, and what else might be available, please introduce us.  I’m happy to help them find that out!

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.

Local web sites in and around Annapolis, Maryland

Anne Arundel County Local Market Insight June 2017

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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
click to Email

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All information on this website is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive. See disclaimer.

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