RECENT BLOG POSTS
Welcome to 18745 Penn Shop Rd, Mount Airy, MD (follow this link for more details)A beautiful private 18.45-acre setting, family farm/kennel operation with a special zoning exception. The farmhouse features 3 BR 2 full baths approximately 2,400 sqft +/-, a lar...
02/04/2024
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Hesitant to trade a low-interest rate for a higher one had many would-be sellers sitting on the sidelines for the past year. This was the primary reason for the low, but resilient housing inventory and continued strong demand from buyers. Many of the industry experts are predicting inventory to ...
01/23/2024
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Home prices continued to climb in December as limited inventory prolongs Buyers slim choices as 2023 wraps up. A majority of Sellers are selling at the asking price or above in about two weeks, and most did not offer concessions. As we move into 2024 news of inflation beginning to subside and an ...
01/18/2024
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Prices remain high in our region because demand for homes continues to outpace the supply. Many first-time home buyers have been shut out of the market with mortgage rates that have more than doubled in the past two years increasing from around 3.1 percent to about 7 percent, making it that much...
12/27/2023
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After over three years of meetings and public hearings on The Sugar Loaf Treasured Landscape Management Plan (SLTLMP) and overlay, the Frederick County Council rejected the overlay portion of the plan by a 5-2 vote. Those who have followed this long saga will find both sides, the opposition and t...
12/23/2023
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As we enter the holiday season the housing market is feeling the affects of a normal seasonal cycle with fewer transactions. Inventory remains in short supply as many home owners with sub 4% mortgages are delaying a move. Higher home interest rates have caused Buyer activity to cool down as many...
11/16/2023
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Frederick County, MDIndustry Watch Q3-2023Key Metrics Q3-2023 1-Year Change Market ActivityMedian Sales Price $475,000 + 5.6%Avg. Sales Price $505,787 + 3.9% Closed Sales 1,001...
10/22/2023
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There is still a scarcity of supply in the Mid-Atlantic region. but the gap from 2022 levels has narrowed with new listings down just 7.8% from this time last year. In typical years, there is a significant decrease in listings throughout August, but this year, listings have stayed far steadier. L...
09/23/2023
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627 GRANT PLACE, FREDERICK, MDThis renovated 3 bedroom, 2 full bath all-brick ranch is located on a double city lot, nearly 1/2 acre, a large yard, and an alley in the rear. Recent renovations include refinished gleaming hardwood floors, a new roof, new windows, a new exterior HVAC comp...
09/15/2023
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Maryland’s Ongoing Lack of Housing Inventory Amidst Rising Prices Remains the Prominent Focus in the July 2023 Maryland REALTORS® Housing Stats ANNAPOLIS, MD—August 17, 2023—The number of home sales in Maryland continued to decline in the July 2023 Maryland REALTORS® Housing Statistics rep...
08/24/2023