(June 9, 2023) In the past two weeks, we reviewed the Maryland General Assembly new legislation requiring all condominiums, homeowner associations, and housing cooperatives to undertake regular reserve studies of common area components, under House Bill 107.

(June 2, 2023) In last week’s article, we reviewed the Maryland General Assembly’s new legislation requiring all condominiums, homeowner associations, and housing cooperatives to undertake regular reserve studies of common area components, under House Bill 107.

(May 26, 2023) The Maryland General Assembly has passed new legislation, effective Oct.1, requiring all condominiums, homeowner associations, and housing cooperatives to undertake regular reserve studies of common area components.

(May 19, 2023) Consumers can get confused when it comes to dual agency in real estate.

(May 12, 2023) Realtors issue a report each year on the Maryland Legislative session to summarize what will affect the real estate industry.

(May 5, 2023) According to the National Association of Realtors (NAR), single women comprise the second largest group of homebuyers.

(April 28, 2023) A wetland delineation is the fieldwork that determines or outlines the boundary between uplands and wetlands on a property.

(April, 21, 2023) Anyone who sells a property in Maryland, but is a “non-resident” of the state of Maryland, must pay a withholding tax.

(April 14, 2023) A mortgage assumption takes place when a buyer takes over the seller’s existing mortgage at closing in lieu of getting a new loan.

(April 7, 2023) Agency in the real estate transaction creates a legally binding relationship between the real estate agent and their client during the buying and selling process.

(March 31, 2023) As of Jan. 1, 2015, all residential rental properties constructed prior to 1978 must comply with Maryland’s Lead Risk Reduction in Housing Act.

(March 24, 2023) The National Association of REALTORs reports that real estate wire fraud continues to be one of the most prevalent cybercrimes in the U.S. About 13,638 people were victims of wire fraud in the real estate and rental sector in 2020, a 17 percent increase over 2019, with losse…

(March 17, 2023) The National Association of Realtors (NAR) website, www.realtor.org, has information on county median home prices and monthly mortgage payments across the country.

(March 10, 2023) The Maryland Department of Housing and Community Development (DHCD) administers a State of Maryland tax credit for residents who have renovated a home to be more accessible.

(March 3, 2023) The covid-19 pandemic kicked adaptations into overdrive, so the National Association of Realtors (NAR) recently provided a report called Adopt to Adapt, with insight into changes that were made during the pandemic across the real estate industry that are here to stay.

(Feb. 24, 2023) The Maryland Department of Natural Resources (DNR) offers a Forest Conservation and Management program and there are approximately 1,300 agreements in effect covering approximately 84,000 acres.

(Feb. 17, 2023) In mid-January, the Federal Housing Finance Agency (FHFA) announced further changes to Fannie Mae’s and Freddie Mac’s (the Enterprises) single-family pricing framework by introducing redesigned and recalibrated upfront fee matrices for purchase, rate-term refinance, and cash-…

(Feb. 10, 2023) Homeowner’s insurance is a necessity if your home is mortgaged, and this type of insurance covers the structure of your home and your personal property, as well as your personal legal responsibility (or liability) for injuries to others or their property while they’re on your…

(Feb. 3, 2023) Maryland Realtors issued a housing statistics report showing that Maryland home sales dropped 41.9 percent to 5,124 units in December 2022, against 2021’s figure of 8,818 units.

(Jan. 27, 2023) Since 1969, the Realtors Political Action Committee (RPAC), has promoted the election of pro-Realtor candidates across the United States.

(Jan. 20, 2023) In December, Gov. Larry Hogan announced awards for 376 businesses through Project Restore, an economic recovery initiative that provides financial incentives for small businesses to revitalize vacant retail and commercial spaces.

(Jan. 13, 2023) The National Association of Realtors’ 2022 Profile of Home Buyers and Sellers report shows that first-time home buyers have dropped to their lowest numbers on record.

(Jan. 6, 2023) The year 2022 was a year in which we saw a shift in the real estate market: increasing mortgage rates, reduction in the volume of sales, but no increase in inventory resulting in prices remaining strong.

(Dec. 23, 2022) Back in the beginning of October, Maryland Realtors rolled out changes to its statewide forms library, which contains contracts, disclosures and addenda that members of Maryland Realtors use to service clients and bring real estate transactions to settlement.

(Dec. 16, 2022) C-PACE is the acronym for Commercial Property Assessed Clean Energy.

(Dec. 9, 2022) The State of Maryland has announced three new Sustainable Communities, and one of them is located on the lower Eastern Shore.

(Dec. 2, 2022) The multiple list service, BrightMLS, that provides real estate data in the Mid-Atlantic, covering six states (Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia and the District of Columbia), issues market stats on a monthly basis in their Mid-Atlantic Mark…

(Nov. 25, 2022) A widely debated topic, the Biden-Harris Student Debt Relief Plan, is still blocked by court orders at the current time. Whether you agree with the administration’s plan to relieve student debt or not, the impact of student loan debt has been an ongoing topic within the real …

(Nov. 18, 2022) When purchasing condos with a loan, many factors can come into play on successfully making it from offer to closing.

By Lauren Bunting

(Nov. 4, 2022) Last year, Gov. Larry Hogan issued a proclamation that Oct. 30 is Weatherization Day in Maryland.

(Oct. 28, 2022) Based on a recent news release from the National Association of Realtors (NAR), statistics show that home sales continued to slide in September as home buyers retreat from the market amid near-7 percent mortgage rates and mounting recession fears.

(Oct. 21, 2022) The Department of Housing and Community Development in Maryland (DHCD) offers a program called the Maryland WholeHome Program which can help homeowners make valuable repairs and enhancements to their home to help lower monthly utility bills and improve quality of life.

(Oct. 14, 2022) Gov. Larry Hogan announced last week nearly $32 million in project awards through the Maryland Department of Housing and Community Development’s (DHCD) 2022 application round for federal Low Income Housing Tax Credits (LIHTC) and state Rental Housing Funds.

(Oct. 7, 2022) The talk about town related to real estate right now is mortgage rates are on the rise.

(Sept. 30, 2022) National Association of Realtors released information that mortgage rates surged last week as the Federal Reserve raised short-term interest rates by another 0.75 of a percentage point.

(Sept. 23, 2022) The National Association of Realtors explains the differences and the pros and cons to both mediation and arbitration, alternative dispute resolution options when a dispute arises from a real estate transaction.

(Sept. 16, 2022) Planning for storms can be stressful. Planning for storms in a coastal town even more so, but there are tips that ready.gov offers on its website that can help you prepare.

(Sept. 9, 2022) A recent Zillow report is showing that with sales up and values up during the pandemic real estate boom, more homes are selling for over the $1 million mark.

(Sept. 2, 2022) The National Association of Realtors chief economist, Lawrence Yun, stated that Inflation eased slightly in July, which could bode well for the housing market in the months ahead.

(Aug. 26, 2022) Gov. Larry Hogan announced last week that the Maryland Department of Housing and Community Development (DHCD) has expanded the state’s landmark SmartBuy initiative to address rising housing market prices.

(Aug. 19, 2022) Condominium associations provide master policy insurance coverage, but a master policy usually covers only the building’s exterior and common areas.

(Aug. 12, 2022) The National Association of Realtors (NAR) issued a press release stating that the Biden Administration recently announced new steps to tackle the housing supply crisis.

(Aug. 5, 2022) The National Association of Realtors released its annual Member Profile report for 2022 recently. Based on a random sampling of NAR’s membership, the Member Profile strives to answer the question “Who are Realtors?”

(July 29, 2022) A well-planned open house allows potential buyers to picture how life in this home would be, and in the summer, people tend to be more relaxed; it’s the time of vacations and lazy days.

(July 22, 2022) Maryland Realtors recently released information on statewide June home sales.

(July 15, 2022) Every house has a unique architectural style. Sometimes the architecture is a blend of more than one architectural style due to additions.

(July 8, 2022) The National Association of Realtors provides a monthly home showings report based off showing information taken from Sentrilock lockboxes, which are used by the majority of real estate agents in our local area.

(July 1, 2022) The buzz in real estate is that the market is shifting – but what exactly is causing the shift? Let’s take a look at the reasons behind it.

(June 24, 2022) Pictures are incredibly important in selling a home in today’s market, where practically all house shoppers start their search online.