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Market Updates 2022 Year End Market Outlook EASTERN SHORE REAL ESTATE MARKET HITS “PAUSE” BUTTON IN 2022. WILL RECOVER IN 2023.   When I was a kid, I loved keeping the box score on Washington Senators games.  I faithfully did this in the stands at RFK Stadium or at home listening to the game on the radio. I love statistics. For the […]
Market Updates Crickets The mid-term elections are now a distant memory, and the future of the Eastern Shore real estate markets looks brighter than it did just one month ago. Interest rates have fallen, making it an excellent time for buyers to enter the market. However, despite these positive indicators, the market was surprisingly quiet in October. In […]
Selling A Home Perspective matters when selling your home Introduction Perspective matters when selling your home. You already know how hard it can be. But did you know that perspective can make the whole process easier? It sounds like a strange concept, but here’s what we mean: when you think about your house as just a house—rather than something more personal and permanent—it becomes […]
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 Your Real Estate Investment Property – What You Need To Know Introduction Refinancing your real estate investment property can be a great way to access the money you can use for any purpose, including buying more real estate. However, it must make sense from a financial perspective—and some things could impact your ability to refinance successfully. This article will discuss […]
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 […]
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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 […]
Buying A Home Down Payment Getting You Down? The first step to home ownership may be easier than you think   For decades, the rule of thumb is that you need to put down a 20% down payment for a conventional home loan. While that may be true for a conventional loan, many people don’t know there are other ways to pay a […]
Selling A Home For Sale by Owner vs Hiring an Agent If you ever watched an agent selling your house and thought, I could do better than a Realtor, there probably some things you already know. But there are also some things you may not have thought of that make the job harder than you thought. First, the benefits of For Sale by Owner (FSBO): You […]
Selling A Home How Online Real Estate Property Estimators Work We’ve all done it. We may not be looking to buy or sell our home, but out of curiosity we check an online property value estimator to see how much our place is worth. “Jackpot,” I thought when I saw my home’s value had increased by $186,000! Then the person in me who understands how […]
Lifestyle Aww Shucks! It’s Oyster Time! As we move into Spring, one can’t help but look forward to our favorite seafood delicacies.  If that means oysters for you, you’re in luck! The Eastern Shore is a source of some of the best oysters you can find. Oyster farms and distributors are a part of the maritime industry that makes the region […]

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