Marketing & Statistics

Marketing & Statistics

OCTOBER MARYLAND HOME SALES MODEST

Residential home sales remain steady in October, with a 2.2 percent increase in market activity, according to the Maryland Association of REALTORS® (MAR).  Home prices showed strong gains, with a rise of 7.5 percent in average prices and a gain of 7.3 percent for median price, as compared to the same time period in 2016

SALES STAY STRONG IN SEPTEMBER

The month of September revealed continued steady sales with a 6.3 percent rise in home sales, according to the Maryland Association of REALTORS® (MAR).  Once again, the smaller rural counties posted declines while the more populated areas had strong sales. Average and median prices made modest gains statewide, with increases of 0.2 and 3.8 percent respectively, as compared to September 2015.

STEADY MARKET CONTINUES IN MAY 2016

WASHINGTON, D.C. - (RealEstateRama) -- Home sales remain strong with a 15.6 percent increase statewide from May 2015, according to the Maryland Association of...

April Housing Stats for DC and Montgomery County

GCAAR is pleased to update its market information through a partnership with ShowingTime RealEstate Business Intelligence (RBI). Monthly analysis of theWashington, DC and Montgomery County, MD housing markets gets more detailed attention here, while GCAAR continues to be your source for ear-to-the-ground reporting from our REALTOR® members. 

HOME SALES JUMP IN FEBRUARY 2016

Home sales increased by more than 21 percent in February, according to the Maryland Association of REALTORS®, (MAR).  All but two Maryland counties posted double digit and, in one case, triple digit increases in sales as compared to the same time period in 2015. Caroline County posted a modest 3.7% gain. Worcester County recorded a 12.9 decrease in sales.  Average prices saw a modest increase of 2.5 percent and median prices rose by 1.5 percent as compared to February 2015.

JANUARY 2016 CONTINUES TREND OF STABILIZATION

The first month of the new year has started with great promise with an increase of 14.2 percent in home sales, according to the Maryland Association of REALTORS®, (MAR). As compared to January 2015, average prices rose by 2.5 percent and median prices increased by 4.8 percent. Once again, smaller counties continue to experience declines in average and median price. Most notable Kent County with a decline of 32.2 percent and Talbot County with a decrease of 31.4 percent as compared to January 2015.

The housing statistics for November reflect a surprising increase in both average and median prices, according to the Maryland Association of REALTORS® (MAR).  In a reversal from previous months, average prices rose by 3.0 percent and median prices by 3.2 percent. Overall, home sales climbed by 8.2 percent as compared to November of 2014.  However, eleven counties saw declines in housing sales ranging widely from 1.6 to 42.1 percent

SECOND QUARTER OF 2015 ENDS ON A HIGH NOTE

June monthly housing statistics continue the year-long trend of a robust residential sales market, according to the Maryland Association of REALTORS® (MAR). Home sales rose by more than 22 percent in last month, compared to June 2014.

MBIA Presents Custom Builder Awards

The Maryland Building Industry Association announced the 2015 Custom Builder Awards at a ceremony at the Greenbelt Marriott. The Custom Builder Awards showcase the outstanding work of builders, architects, designers and construction professionals in the region.

SECOND QUARTER STARTS WITH A ROBUST NUMBERS

Existing homes sales in Maryland surged more than 20 percent in April, compared to April 2014, according to the Maryland Association of REALTORS® (MAR). Pending units, homes under contract, also rose significantly, by almost 20 percent, indicating a continued strong market as summer approaches. Active inventory rose slightly, while months of inventory—the supply of homes available for sale, dropped again, to 4.8 months. Six months of inventory is considered ideal.

Leggett FY16 Operating Budget Tightens Belt on County Spending; Property Tax Rate Cut, Solid...

County Executive Ike Leggett today released his Recommended FY16 Operating Budget of $5.1 billion for the year that begins on July 1, 2015 – a budget that increases County government tax-supported spending by only 1.1 percent while cutting the County property tax rate by about one cent. The balanced budget closes an estimated $238 million gap

Leggett Budget Holds Line on Property Taxes at Charter Limit

WASHINGTON, D.C. - March 15, 2013 - (RealEstateRama) -- Montgomery County Executive Isiah Leggett today announced his recommended $4.8 billion operating budget for fiscal year (FY) 2014 that begins July 1. Leggett’s budget holds the line on property taxes at the County Charter level below the rate of inflation. His recommendation includes a tax-supported County government budget of $1.3 billion, up 3.9 percent, which is half of last year’s increase

Experience your dream lakefront vacation home, with an added bonus, at a fraction of...

Asheville, NC - May 3, 2012 - (RealEstateRama) -- Here’s a new and exciting concept in buying a second home; buy a million dollar luxuriously furnished lakefront home on beautiful Deep Creek Lake in Garrett Country, MD for one-eight the price, and get a new top of the line 24’ Bennington Lake Cruiser on your own private dock, thrown in?

RE/MAX Town Center Broker/Owner Earns Prestigious Regional Awards and International Recognition

Denver, OC - March 22, 2012 - (RealEstateRama) -- The RE/MAX Central Atlantic Region presented Joe Sabelhaus of RE/MAX Town Center (Germantown, MD) with both the Broker/Owner of the Year and Eagle Awards for his outstanding performance in 2011. These prestigious awards recognize outstanding Broker/Owner(s) who demonstrate extraordinary commitment and loyalty to their RE/MAX Associates, employees and clients.

DC, Baltimore Register Best August Sales in Years

Rockville, MD - September 12, 2011 - (RealEstateRama) -- The following analysis of the Washington, D.C. Metro Area housing market has been prepared by housing market expert Jonathan Miller of Miller Samuel, based on the August 2011 RBI Pending Home Sales IndexTM released today:

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Federal, State and Local Housing Officials Celebrate Opening of Senior Rental...

Montgomery County Executive Isiah Leggett today took part in the ribbon cutting ceremony for The Bonifant at Silver Spring, a mixed-income 11-story apartment building with 149 units for seniors age 62 or older

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Baltimore Real Estate Agent Sentenced to Over Two Years in Prison...

U.S. District Judge James K. Bredar sentenced Michael Gerard Camphor, age 60, of Baltimore, to 27 months in prison, followed by three years of supervised release on charges arising from the fraudulent purchase of four properties in Baltimore, using fraudulent loan documentation and straw purchasers, resulting in losses of over $735,000. At the sentencing on February 28, 2016, Judge Bredar also ordered Camphor to pay restitution of $735,363.47 and to forfeit $962,274.95