Archive for October, 2008

 

Unusual Real Estate Case isn’t Dead Yet

I’m not into kitschy, but I couldn’t resist making today’s post at least somewhat Halloween related after reading a story in the Baltimore Sun about a couple who is suing the developer of their Howard County home as well as the lot’s land surveyor after learning that it was built on a 300-year-old cemetery. From [...]

Number of Sales Rising in the Right Price Range

I wrote a few days ago about the rise and fall of home sales and prices in Anne Arundel County, but I’ve recently read a post on the Baltimore Sun’s “Real Estate Wonk” blog that was interesting as well. Sun blogger Jamie Smith Walker noted some interesting trends, including the fact that the number of [...]

Fed Lowers Fed Funds Rate by .5%

The Federal Open Market Committee lowered the federal funds rate - the rate at which banks make short term loans to one another - by .5% today, sending the Fed Funds rate to 1%, the lowest it’s been since 2004. The move was made amidst slow economic growth that has been exacerbated by a lack [...]

Anne Arundel County Real Estate Sales Slow, Prices Drop Minimally

A recent report on the Maryland Gazette’s “Home Town Glen Burnie” website notes that while sales in Anne Arundel County slowed pretty drastically in September, prices have taken only a small hit. The total number of units sold in Septemeber 2008 was down 14.35% from September 2007, while the average sold price of homes dropped [...]

What to Do Amidst a Crazy, Hysterical Market

I read this weekend a post on Realtor Richard Iarossi’s blog about the very basic concept of dealing positively with the current economic “crisis” and, on a more immediate level, on the supposedly crumbling real estate market in Maryland. Again, the concept is not original, but with so few people seeming to heed Richard’s advice, [...]

Why Should You Work with a Real Estate Agent?

I wrote yesterday about a new show on HGTV that will feature owners selling their homes on their own, without the assistance of a broker. This inevitably led to the recounting of story about an agent I’d worked with in the past and the woeful comparison of real estate sales to brain surgery. Since buying [...]

Real Estate Sales and Television Like Peas and Carrots

I’m not much of a TV watcher, though I do see some shows on DVD and more movies than I can count. That said, it hasn’t escaped my attention (nor that of TV producers and network execs) that television shows about buying, selling, fixing and decorating homes are hot.

The newest in the line of home [...]

Real Estate Marketing Revolution?

Since the advent of the multiple list (MLS), real estate sales and marketing had remained largely unchanged for many years. There have been some twists and wrinkles along the way, and most of them have been borne from the Internet boom and the inherent shrinking of geographical boundaries and distances that is created by the [...]

Baltimore City Emerging Neighborhoods Tour

Live Baltimore and East Baltimore Development Inc. (EBDI) have announced the 2008 Baltimore Emerging Neighborhoods Tour, an event open exclusively to real estate professionals and intended to show Realtors, lender and others in the industry the state of some of the city’s up and coming areas, as well as the progress being made on EBDI, [...]

The Blevins Wist Real Estate Blog Launches

Some say the world is coming to an end. The media want nothing more than to talk about the economic crisis that the nation faces. Economists are predicting a slow housing market for the next 2-3 years.
So what would possess two real estate investors-cum-Realtors® to enhance their website, finance and create an online application that [...]