Baltimore Maryland Real Estate News & Listings Presented By Keller Williams Select Realtorshttp://www.familiesmovingfamilies.comMon, 21 May 2012 16:04:27 GMT1191 DAY RD, SYKESVILLE 21784BANK OWNED, SOLD "AS IS". BUYER TO VERIFY ALL INFORMATION INCLUDING GROUND RENT (IF ONE EXISTS, SELLER WILL NOT REDEEM). ** LRG KIT. W/ISLAND, GRANITE COUNTER TOPS; 1ST FLR. MBR W/WALK-IN CLOSET, MBA W/JACUZZI; HRDWDS IN LR, DR, FR & KIT; FR W/GAS FP; GUEST SUITE W/FULL BA; PATIO AND SCREENED PORCH.]]>http://www.familiesmovingfamilies.com/property/1191-DAY-RD-SYKESVILLE-Marylandhttp://www.familiesmovingfamilies.com/property/1191-DAY-RD-SYKESVILLE-MarylandFri, 11 May 2012 19:50:00 GMTNational Stats- Real estate  

Further Proof the Real Estate Market Is Coming Back

Posted: 30 Apr 2012 04:00 AM PDT


Last week, the National Association of Realtors (NAR) released their Pending Sales Report which showed that contracted sales were 12.8% higher than the same month last year and higher than any time since sales were impacted by the Homebuyers’ Credit back in April of 2010. The index stood at 101.4 which represents a level that is “historically healthy” (see methodology below).

Here is a graph showing pending sales over the last twelve months:

 

METHODOLOGY (as per NAR)

The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing.

The index is based on a large national sample, typically representing about 20 percent of transactions for existing-home sales. In developing the model for the index, it was demonstrated that the level of monthly sales-contract activity parallels the level of closed existing-home sales in the following two months. 

An index of 100 is equal to the average level of contract activity during 2001, which was the first year to be examined as well as the first of five consecutive record years for existing-home sales; it coincides with a level that is historically healthy.

Share

 

]]>http://www.familiesmovingfamilies.com/Blog/National-Stats-Real-estatehttp://www.familiesmovingfamilies.com/Blog/National-Stats-Real-estateMon, 30 Apr 2012 03:00:00 GMT1026 CRAFTSWOOD RD, CATONSVILLE 21228WELL MAINTAINED HOME WITH HARDWOOD FLOORS THROUGHOUT, NEW DUAL PANE WINDOWS, RECENTLY UPDATED HVAC, 2 OVER SIZED BEDROOMS, FENCED BACK YARD WITH A PARKING PAD AND LOCATED CLOSE TO SHOPPING, SCHOOLS AND 695.]]>http://www.familiesmovingfamilies.com/property/1026-CRAFTSWOOD-RD-CATONSVILLE-Marylandhttp://www.familiesmovingfamilies.com/property/1026-CRAFTSWOOD-RD-CATONSVILLE-MarylandSun, 29 Apr 2012 19:51:00 GMTThe Market is UP! The national home sales were up in February, 2012. Distressed sales (short sales and foreclosures represented 34% of all sales that month.  Second home market is coming back strong with vacation homes up 7% in 2011.

]]>http://www.familiesmovingfamilies.com/Blog/The-Market-is-UPhttp://www.familiesmovingfamilies.com/Blog/The-Market-is-UPThu, 12 Apr 2012 03:00:00 GMT218 BERLIN AVE, BROOKLYN 21225BANK OWNED, SOLD "AS IS". BUYER TO VERIFY ALL INFORMATION INCLUDING GROUND RENT (IF ONE EXISTS, SELLER WILL NOT REDEEM). Prequal letter or POF required with all offers. EMD MUST BE CASHIER'S OR CERTIFIED CHECK. ***NEUTRAL W-W CARPETING, UPDATED KIT. W/BREAKFAST BAR & WOOD FLOORS, LRG BR ON 2ND FLR., SPIRAL STAIRCASE, FRT PORCH, LRG FENCED BACK YARD.]]>http://www.familiesmovingfamilies.com/property/218-BERLIN-AVE-BROOKLYN-Marylandhttp://www.familiesmovingfamilies.com/property/218-BERLIN-AVE-BROOKLYN-MarylandSat, 07 Apr 2012 19:48:00 GMTHome Prices Real Estate: Sales Increasing. Prices – Not Yet.

by The KCM Crew on April 3, 2012 · 0 comments

In yesterday’s blog post, we explained that many experts believe home sales will increase in 2012. Today, we want to make sure that our readers realize that it will still take time for prices to begin to appreciate. Pricing is about supply and demand. Though demand is increasing, there is still a large supply of homes for sale in many markets and the National Mortgage Settlement will probably mean over a million distressed properties (foreclosures and short sales) will enter the market this year. Two major surveys spoke to this point in the past week.

The Home Price Expectation Survey asked 104 leading industry experts where they thought prices would be at the end of 2012. The average of those opinions showed that the experts believe prices will depreciation by about one percent (.72%).

The Urban Land Institute released results from their survey also. In their report, 38 leading real estate economists/analysts, representing major real estate investment and research firms, felt that prices would remain flat throughout the year.

Demand will increase dramatically this year. However, it won’t drive prices upward because of the supply of inventory for sale in most markets.

 

]]>http://www.familiesmovingfamilies.com/Blog/Home-Priceshttp://www.familiesmovingfamilies.com/Blog/Home-PricesTue, 03 Apr 2012 03:00:00 GMTBetter Housing?http://www.familiesmovingfamilies.com/Blog/Better-Housinghttp://www.familiesmovingfamilies.com/Blog/Better-HousingTue, 03 Apr 2012 03:00:00 GMT3520 ROLAND AVE, BALTIMORE 212113BR, 1BA Historic Hampden. Close to the Avenue, shops, JHU. I-83. Minutes to Downtown. *** BANK OWNED PROPERTY BEING SOLD "AS IS". BUYER TO VERIFY ALL INFORMATION INCLUDING GROUND RENT (IF ONE EXISTS, SELLER WILL NOT REDEEM).]]>http://www.familiesmovingfamilies.com/property/3520-ROLAND-AVE-BALTIMORE-Marylandhttp://www.familiesmovingfamilies.com/property/3520-ROLAND-AVE-BALTIMORE-MarylandSat, 31 Mar 2012 19:54:00 GMT5000 GERONIMO ST, COLLEGE PARK 20740BANK OWNED, SOLD "AS IS". BUYER TO VERIFY ALL INFORMATION INCLUDING GROUND RENT (IF ONE EXISTS, SELLER WILL NOT REDEEM). Prequal letter or POF required with all offers. EMD MUST BE CASHIER'S OR CERTIFIED CHECK. **QUAINT CAPE WITH HARDWOODS & W-W CARPET; CERAMIC TILE FLR IN EAT-IN KIT, LAUNDRY AREA, COMPLETELY FENCED WITH LARGE BACK YARD & DRIVEWAY]]>http://www.familiesmovingfamilies.com/property/5000-GERONIMO-ST-COLLEGE-PARK-Marylandhttp://www.familiesmovingfamilies.com/property/5000-GERONIMO-ST-COLLEGE-PARK-MarylandThu, 29 Mar 2012 19:49:00 GMT7313 LITTLE BIRD PATH, COLUMBIA 21046***BANK FORECLOSURE OPEN HOUSE 3/21/12 FROM 4-6PM!! OPEN TO PUBLIC!!Beautiful 3BR, 3 Full BA. Clean, sunny. First Floor Bedroom and Bath. Loft overlooking LR w/ Fireplace. Enclosed porch. A Bedroom and Full Bath on every level. Detached Garage. Great Price for a Howard County Single Family Home.*** Bank Owned.]]>http://www.familiesmovingfamilies.com/property/7313-LITTLE-BIRD-PATH-COLUMBIA-Marylandhttp://www.familiesmovingfamilies.com/property/7313-LITTLE-BIRD-PATH-COLUMBIA-MarylandThu, 15 Mar 2012 19:47:00 GMTWhat would Warren Buffett Say?http://www.familiesmovingfamilies.com/Blog/What-would-Warren-Buffett-Sayhttp://www.familiesmovingfamilies.com/Blog/What-would-Warren-Buffett-SaySat, 10 Mar 2012 03:00:00 GMT10306 COLLEGE SQ, COLUMBIA 21044**3/12/12 BANK FORECLOSURE OPEN HOUSE!! OPEN TO PUBLIC 4-6PM! ..**BANK OWNED, SOLD "AS IS". ***BEAUTIFUL TOWNHOME WITH 1 CAR GARAGE, NEUTRAL W-W CARPETING THRUOUT, MBR WITH MBA, LARGE EAT-IN KITCHEN, LIVING ROOM WITH FIREPLACE, SPACIOUS LOWER LEVEL FAMILY ROOM WITH A WALKOUT.]]>http://www.familiesmovingfamilies.com/property/10306-COLLEGE-SQ-COLUMBIA-Marylandhttp://www.familiesmovingfamilies.com/property/10306-COLLEGE-SQ-COLUMBIA-MarylandFri, 09 Mar 2012 20:52:00 GMT9349 KILIMANJARO RD, COLUMBIA 21045*** Property reduced to $169,000!!** WOW.. 3BR, 2BA Detached Home with Garage. Open Floor Plan. Sunny kitchen. Wood Floors. 2 Private Patios. Very modern. Close to all Columbia Amenities. Buyer to verify all information including CPRA, HOA Fees. *** BANK OWNED PROPERTY BEING SOLD "AS IS".]]>http://www.familiesmovingfamilies.com/property/9349-KILIMANJARO-RD-COLUMBIA-Marylandhttp://www.familiesmovingfamilies.com/property/9349-KILIMANJARO-RD-COLUMBIA-MarylandMon, 05 Mar 2012 20:47:00 GMTFHA Fees Effecttive April 1, 2012, FHA fees will increase; this increase will help to better FHA's financial standing. The Mortgage Insurance Premium will increased from 1% to 1.75% of the loan. This amount can be included in your loan.

]]>http://www.familiesmovingfamilies.com/Blog/FHA-Feeshttp://www.familiesmovingfamilies.com/Blog/FHA-FeesThu, 01 Mar 2012 03:00:00 GMTShadow Inventory The so called shadow inventory should be hitting the market in the next few months. Those in the know claim that it could put pressure  on prices to slip even more. This, obviously, remains to be seen. The shadow inventory are those foreclosures that are in process and those that have been processed that have stalled in the pipeline due to the notorious "robo signing". The real estate market in the Baltimore area has the lowest inventory of homes on the market in years.

]]>http://www.familiesmovingfamilies.com/Blog/Shadow-Inventoryhttp://www.familiesmovingfamilies.com/Blog/Shadow-InventoryMon, 27 Feb 2012 03:00:00 GMTStats that mean something The Baltimore Metro area saw mixed activity in the month of January. The weather was good enough as not to negatively impact buyers and things are selling, often those that are priced well receiving multiple offers. Below is a link to the summary of the activity...just a short video with some great info

 

 

<iframe src="http://www.rbintel.com/vidembed/i/Baltimore-Metro/" width="640" height="390" frameborder="0" allowfullscreen></iframe>

]]>http://www.familiesmovingfamilies.com/Blog/Stats-that-mean-somethinghttp://www.familiesmovingfamilies.com/Blog/Stats-that-mean-somethingSun, 26 Feb 2012 03:00:00 GMTHousing Actvity What a wild weekend! I am selling all my listings...and at least 3 of them got multiple offers with one getting 6 offers. I have stated in a previous blog that I felt that the "perfect storm" was brewing....this is positive thing. Then today we just got the notice that unemployment dropped to 8.3%. Folks...the real estate market is on a rebound...get in now and BUY!

]]>http://www.familiesmovingfamilies.com/Blog/Housing-Actvityhttp://www.familiesmovingfamilies.com/Blog/Housing-ActvityFri, 03 Feb 2012 03:00:00 GMT3815 KILBURN RD, RANDALLSTOWN 21133**UPDATE BANK IS REVIEWING MULTIPLE OFFERS**spacious 3BR, 1.5BA Split Level. Hardwood Floors throughout. Bright Sunny Kitchen w Congoleum No Wax Floor. Dining Room w/ French Doors to Screened Patio. Finished Lower Level Family Room w Builtin Cabinets. Private Fenced Yard. May have $120 Ground Rent. ** BANK OWNED. SOLD "AS IS." BUYER TO VERIFY ALL INFORMATION, INCLUDING GROUND RENT]]>http://www.familiesmovingfamilies.com/property/3815-KILBURN-RD-RANDALLSTOWN-Marylandhttp://www.familiesmovingfamilies.com/property/3815-KILBURN-RD-RANDALLSTOWN-MarylandFri, 27 Jan 2012 20:44:00 GMT9114 SAMOSET RD, RANDALLSTOWN 21133**UPDATE BANK IS REVIEWING MULTIPLE OFFERS**Great opportunity to invest in a single family home in Randallstown under 100k! Price reflects condition. Property needs work but has alot of potential. BANK OWNED, SOLD "AS IS".]]>http://www.familiesmovingfamilies.com/property/9114-SAMOSET-RD-RANDALLSTOWN-Marylandhttp://www.familiesmovingfamilies.com/property/9114-SAMOSET-RD-RANDALLSTOWN-MarylandSun, 22 Jan 2012 20:45:00 GMTFive Things in Real Estate in 2011 First and foremost, I must give credit to The KCM Blog for these five points. If you do not subscribe to the KCM blog I would highly recommend it. Here are the five issues:

1. Interest rates started out in 2011 at 4%; most thought that rates would go back up to 6-7% by mid year but were surprised with rates falling to the lowest levels ever. By year end, rates were on average 3.9%.

2. Sales were up over 2010, especially the 4th quarter where YOY  gains were double digit; obviously that is a nice start to 2012.

3. Contract cancellations have jumped alarmingly high from about 9% in Aug to 33% in the last 2 months.

4. The "robo signing" debacle has slowed the reo properties fom entering the market. We should start to see thede propertirs enter the market as the government and the banks settle on isues surronding proper proceeses; this could have an effect on price/values in 2012.

5. Values were strong in the first quarter only to see that erode as the year went on. We still should see downward price pressuer in 2012.

 

]]>http://www.familiesmovingfamilies.com/Blog/Five-Things-in-Real-Estate-in-2011http://www.familiesmovingfamilies.com/Blog/Five-Things-in-Real-Estate-in-2011Mon, 02 Jan 2012 03:00:00 GMT