Making Sense of this Market
By Scott
August 31, 2018
10 years ago, the economy was in a tailspin headed by the real estate crisis. Many people who’d bought homes at the top of the market or had homes built in the early 2000’s tried to sell at the same time, flooding the market with inventory and bringing prices down fast. The people who didn’t have enough equity to sell either kept their property, sold it for a loss, fell into distress (short sale or foreclosure), or reluctantly rented it out. Distressed property sales would even make up the bulk of transactions in some areas for ...
Harford County Real Estate in April 2018
By Scott
April 30, 2018
For me, as a real estate agent, business has been consistent. Well, consistent as far as this industry goes! As you can guess, we are generally busier in the Summer, just after buyers start looking in the Spring. But you guys are smarter than that; you know you want to buy a home far sooner than you start looking, so there is more consistency to what we do than we give credit.  And the type of buyer that you are matters as well; first-timers will start a little sooner, not knowing what to expect from the process. Experienced buyers ...
Harford County Real Estate, Summer of 2017
No need to speculate about what the real estate market in Harford County has done this past Summer; I have the data to show you, along with some insight into what it all means. I can admit that while I usually try to get this info out monthly, I’ve been too busy the past three months to do the research. Despite that, you’ll be surprised at the evidence to the contrary. If you’ve been home-shopping the past few months, you probably ran into a competitive bidding situation, encountering the dreaded “request for highest ...
Harford Route 40 Corridor Real Estate Smackdown!
By Scott
March 21, 2017
Have you wondered lately about how the real estate market in your area is doing? How about how it compares to some of the neighboring zip codes? We decided to check that by comparing what some would consider the most similar markets within Harford County, based mostly on their positioning along the route 40 corridor, quality of school systems (based on ratings, not my opinion!) and general amenities. Also, please note that this only represents the market for these respective locations for February of 2017, and that we do compare it to how well it did during the same time last year. ...
Harford County Real Estate 2016 Year in Review
By Scott
January 17, 2017
If you own a home in Harford County, MD, it’s likely that you’ve been wondering about home prices in general, and where the value of your property may be at a given moment. Having an idea of whether they’re going up or down can have some importance to you, depending on when you bought your home, but for the most part, you want to make out rather than lose if you decide to sell. There is good news for you then! Harford County real estate made some positive gains in 2016, increases that Realtors® ...