The Experts You Can Trust
Statistic Values YoY MoM Total Sold Dollar Volume $107,571,921 -2.06% +3.81% Closed Sales 339 +6.6% +13.38% Median Sold Price $257,000 -10.34% -6.55% Avg Sold Price $317,321 -8.13% -8.44% Avg Days on Market 130 days +2.36% +1.56% Avg Sold to Orig List Ratio 90.2% +0.14% +1.42%
Statistic Values YoY MoM Total Sold Dollar Volume $13,385,053 -8.06% +2.07% Closed Sales 53 -15.87% +10.42% Median Sold Price $237,000 +5.33% -8.48% Avg Sold Price $252,548 +9.29% -7.56% Avg Days on Market 121 days -14.18% -9.02% Avg Sold to Orig List Ratio 92.24% +0.91% -1.62%
Today’s mortgage rates are the utmost come-on for would-be homebuyers. In its Primary Mortgage Market Survey released last Thursday, Freddie Mac reported that the 15-year fixed mortgage rate averaged a new all-time record low at 3.13%. Meanwhile, the 30-year fixed-rate mortgage averaged at 3.88%, the lowest rate in history. “With these historically low rates and …
Tips on Increasing Your Chance of Landing a Mortgage Read More »
In its 2011 Year-End U.S. Foreclosure Sales Report, the information provider RealtyTrac reports that in the national scale, pre-foreclosure sales – which are mostly short sales – increased by 15% from a year ago; while Real Estate Owned (REO) sales or sales of properties as a result of foreclosure decreased by 12%. In terms of …
RealtyTrac Reports Shift Towards Short Sales and Away from Foreclosure Sales Read More »
At the office the other day, we had a discussion on the most expensive homes in Southern Maryland. Since we now cover most of the state, Southern Maryland is defined as Charles, Calvert, and St. Mary’s counties. I was sure that they would be waterfront homes. The other agent was sure many of them would …