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March 2012 Real Estate Market Statistics for Charles County, MD

Year over Year in Charles County there was a decrease in the number of transactions but it’s likely that is due to a decrease in inventory. Now is the time of year when inventory begins to build traditionally, couple that with the fact that banks are beginning to foreclose and release inventory again and I suspect within …

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3.4 Million Completed Foreclosures since Sept. 2008, CoreLogic Reports

From the start of the U.S. financial crisis in September 2008, CoreLogic reports that approximately 3.4 million foreclosures have been completed. In the past 12 months ending in February 2012, the total number of completed foreclosures nationally reached 862,000, CoreLogic reports. CoreLogic, a provider of property information and analytics, continues that almost 3.4% of all …

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Multi-Generational Family Households On the Rise

Young adults living with their parents in the U.S. is not anymore uncommon. In fact, this living arraignment has become so widespread in the recent years. According to the Census Bureau, 4.4 million U.S. households gave roof to multi-generational family households in 2010. This data is a 15% increase from the 3.8 million households two …

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Sales of Vacation Homes & Investment Homes Soar in 2011

According to the 2012 Investment and Vacation Home Buyers Survey conducted by the National Association of Realtors (NAR), sales of vacation homes and investment homes have jumped in 2011 – the highest level since 2005. The 2012 Investment and Vacation Home Buyers Survey, which covers the existing and new home transactions in 2011, shows that …

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