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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 …
CoreLogic, an information and analytics provider, announced today/yesterday that 11.1 million or 22.8% of residential properties with a mortgage in the U.S. were underwater at the end of the fourth quarter of 2011. CoreLogic report shows that at the end of the fourth quarter of last year out of 1,360,309 residential properties with mortgage in …
24% of Maryland’s Residential Properties with Mortgage are Underwater, CoreLogic Reports Read More »