Fall is a Great Time to Buy a Home

Tuesday - 10/9/2018 3:14 pm By Lori Duke

Fall-HomesDid you know that more starter homes come on the market in the fall than any other time of the year?  That’s just one reason why fall is a great time to purchase a home. Historically, most people think that spring and early summer are the best times to purchase a home.  Makes sense.  That ... Read

What Millennials Are Looking For

Friday - 6/15/2018 7:06 pm By Lori Duke

Born in the early 1980’s-2000, millennials are not only the largest generation but also the most culturally diverse and best educated. Their lives have been shaped by technology, the recession, and struggling to start a career. Yet for the past 2 years millennials have been the largest group of homebuyers. What are millennials looking for ... Read

Millennials and First Time HomeBuyers

Friday - 6/15/2018 7:06 pm By Lori Duke

Perfect for our neighborhood in so many ways is the new Maryland initiative that helps Millennials ,with significant student debt, buy a home. This means so much to all of us in the North End. The North End is now the go to neighborhood for young people looking for a walkable lifestyle, proximity to the ... Read

The Next Hot Spot

Friday - 6/15/2018 1:19 pm By Lori Duke

North End FrederickIs the North End the next hot spot? Zillow in their new book, “The New Rules of Real Estate” says that analyzing their data they can pinpoint patterns that tell us whether and how quickly a neighborhood’s home are likely to increase in the future. The factors that determine these patterns range from Proximity to ... Read

MARYLAND HOME INVENTORY AND PRICES CLIMBED IN MAY

Friday - 6/15/2018 11:38 am By Lori Duke

housing-markets-riseResidential home inventory and prices climbed in May compared to the same period of 2017, according to Maryland REALTORS. Average home prices rose by 4.1 percent for the fourth month in a row, while median prices increased by 4.0 percent as compared to the same time in 2017.   “We continue to see increases in ... Read

Rentals vs. Home Values

Tuesday - 6/5/2018 9:51 pm By Lori Duke

Rentals-Affect-Home-ValuesIt’s a long-held belief that rental properties hurt the values of nearby homes. What does that say for our neighborhood the “Northend” of Frederick. Buyers are definitely concerned about too many renters. People are less inclined to make an offer on a house that is in a street filled with apartment buildings (because) they perceive ... Read

Real Estate Market Watch

Tuesday - 6/5/2018 9:43 pm By Lori Duke

Market WatchThe local housing market will likely experience its best spring selling session in a decade. Mortgage rates are still low. Fewer families are underwater on their mortgage and housing inventory continues to keep buyers interested! Maryland Mortgage Program Update The Maryland Department of Housing and Community Development now works through its network of lenders to ... Read

Why It Pays to Be a Homeowner (Literally)

Monday - 6/4/2018 12:00 am By Lori Duke

Pays to Buy a HomeThe classic buy vs. rent debate has been going on for ages. Is buying a home really a valuable investment, or are you better off renting and putting your money into other wealth-building avenues? While arguments can be made for both, and you should certainly never put all your eggs in one basket, the numbers ... Read

Multiple Offers on High Demand Properties

Monday - 5/21/2018 9:00 am By Lori Duke

There are many misconceptions about handling Multiple Offers The prime provision in the Code of Ethics says Realtors with the approval of the seller disclose the existence of offers on the property. Nothing in the code of Ethics requires the listing broker to go back to any or all other buyers who made an offer ... Read

Top 10 Spring Cleaning Tasks

Sunday - 5/13/2018 9:18 pm By Lori Duke

Spring-CleaningThe spring cleaning tradition has its roots in a time when families holed up for the winter, leaving homes smokey, dirty and stuffy by spring. Nowadays, we have more freedom of movement (and more ways to keep homes clean) during the winter. We still spend more time indoors during winter, however, and many families view ... Read