Market Updates Housing market crash: What you should know Introduction What is a housing market crash? It’s a rapid decline in the nominal price of housing and a significant decrease in housing activity. Over the past decade, the housing market has experienced quite a roller coaster ride. Home prices have skyrocketed, then crashed, then risen again. That cycle is still ongoing, but there are […]
Buying A Home Is It Better To Build Or Buy A House : 2022 Introduction When faced with the question, “Is it better to build or buy a house?”, many factors come into play. If you’re trying to decide whether it’s better to build or buy a house in 2022, comparing the costs and benefits of both options can be helpful. In general, the building is cheaper than buying […]
Lifestyle Refinancing Investment Property What You Need to Know About Refinancing an Investment Property Refinancing your real estate investment property can be a powerful way to access equity. Many investors use refinancing to lower interest rates, improve cash flow, or fund future purchases. However, refinancing must make sense financially, and certain factors can impact your eligibility and long-term returns. […]
Lifestyle Pros And Cons Of Owning Two Homes Introduction Whether you are a retired couple or have a family with several children, investing in two homes can be a great way to make your money work. Although many choose that option, it doesn’t have to be your primary residence. Here are the pros and cons of owning two homes. By owning two homes, […]
Buying A Home 10 Things Not To Do When Buying A Home Introduction It can be fun to buy your first home. You’ll start building your life with your partner and family. There’s a lot at stake here, so be prepared for what lies ahead. Here are ten things not to do when buying a home. Only Sign a contract after getting a pre-approval letter. Before you […]
Buying A Home Keep Calm and Carry On I was looking at my company’s year-to-date (YTD) performance this afternoon. We were cooking along so good – right up to the end of April. Coldwell Banker Chesapeake Real Estate agents were outperforming 2021 – the best year in the company’s history.  And then we went smack dab right over a cliff. Did all the […]
Selling A Home High ROI Renovations to Do Before Selling a Home There are many reasons buyers may be willing to pay extra for a home. For example, they are likely to put down a more aggressive offer for a property that will ultimately reduce their cost of homeownership. Or they may be willing to pay a premium for homes with outstanding curb appeal, which is sure […]
Buying A Home It’s Time To Get Off The Fence The Average Closed Sales Price in February 2022 on the Eastern Shore of Maryland was just short of $400,000 ($397,348). Throughout COVID, the demand for rural houses has far exceeded the supply – resulting in rapidly appreciating values. Some Sellers are timing the market – waiting for eastern shore values to peak before coming to […]
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