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Maryland Home Sales Jump in March but Still Below Last Year
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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Maryland Home Sales Jump in March but Still Below Last Year
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Maryland Home Sales Jump in March but Still Below Last Year

May 2, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums jumped almost 30 percent from February to March in Maryland, but that still wasn’t enough to match last year’s tally according to the latest housing data from the Maryland Association of Realtors® (MAR).

An estimated total of 4,225 existing single-family homes and condos were sold in the Old Line State in March. That was 29.8 percent higher than the 3,255 homes sold in February but still 2.0 percent lower than the 4,313 homes sold in March 2011.

The median sales price for an existing home in Maryland increased by 6.3 percent in March to $225,601, up from $212,301 in February and was 5.9 percent higher than the median price of $213,037 in March of last year.

Of the 24 counties that provide data for the monthly report, thirteen of the counties reported gains in home sales over the previous year with Dorchester County (+50.0 percent) reporting the largest increase of counties with over 20 sales while Calvert County (-40.0 percent) posted the largest monthly decline in sales.

Montgomery County recorded the most sales for the month with an estimated 730 home sales, up from 540 the previous month, while Prince George’s County followed with an estimated 653 home sales for the month, up from 505 in February.

Year-over-year, fifteen counties posted an increase in their median prices led by Baltimore City (+75.0 percent) with Allegany County (-27.7 percent) posting the largest decline in prices.

The total number of homes available for sale increased slightly in March with 27,280 homes actively available. That’s up slightly from 27,147 in February but down from 35,927 in March of 2011.

The increased home sales and the continuing low inventory left the state with an average 6.5 months supply of homes available for purchase, down from a 8.3 months supply in February and also down from the same amount a year earlier.

Tags: existing homes, condos, sales, median home prices, Maryland

Source:
MAR

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
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May 2, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums jumped almost 30 percent from February to March in Maryland, but that still wasn’t enough to match last year’s tally according to the latest housing data from the Maryland Association of Realtors® (MAR).

An estimated total of 4,225 existing single-family homes and condos were sold in the Old Line State in March. That was 29.8 percent higher than the 3,255 homes sold in February but still 2.0 percent lower than the 4,313 homes sold in March 2011.

The median sales price for an existing home in Maryland increased by 6.3 percent in March to $225,601, up from $212,301 in February and was 5.9 percent higher than the median price of $213,037 in March of last year.

Of the 24 counties that provide data for the monthly report, thirteen of the counties reported gains in home sales over the previous year with Dorchester County (+50.0 percent) reporting the largest increase of counties with over 20 sales while Calvert County (-40.0 percent) posted the largest monthly decline in sales.

Montgomery County recorded the most sales for the month with an estimated 730 home sales, up from 540 the previous month, while Prince George’s County followed with an estimated 653 home sales for the month, up from 505 in February.

Year-over-year, fifteen counties posted an increase in their median prices led by Baltimore City (+75.0 percent) with Allegany County (-27.7 percent) posting the largest decline in prices.

The total number of homes available for sale increased slightly in March with 27,280 homes actively available. That’s up slightly from 27,147 in February but down from 35,927 in March of 2011.

The increased home sales and the continuing low inventory left the state with an average 6.5 months supply of homes available for purchase, down from a 8.3 months supply in February and also down from the same amount a year earlier.

Tags: existing homes, condos, sales, median home prices, Maryland

Source:
MAR

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

May 2, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums jumped almost 30 percent from February to March in Maryland, but that still wasn’t enough to match last year’s tally according to the latest housing data from the Maryland Association of Realtors® (MAR).

An estimated total of 4,225 existing single-family homes and condos were sold in the Old Line State in March. That was 29.8 percent higher than the 3,255 homes sold in February but still 2.0 percent lower than the 4,313 homes sold in March 2011.

The median sales price for an existing home in Maryland increased by 6.3 percent in March to $225,601, up from $212,301 in February and was 5.9 percent higher than the median price of $213,037 in March of last year.

Of the 24 counties that provide data for the monthly report, thirteen of the counties reported gains in home sales over the previous year with Dorchester County (+50.0 percent) reporting the largest increase of counties with over 20 sales while Calvert County (-40.0 percent) posted the largest monthly decline in sales.

Montgomery County recorded the most sales for the month with an estimated 730 home sales, up from 540 the previous month, while Prince George’s County followed with an estimated 653 home sales for the month, up from 505 in February.

Year-over-year, fifteen counties posted an increase in their median prices led by Baltimore City (+75.0 percent) with Allegany County (-27.7 percent) posting the largest decline in prices.

The total number of homes available for sale increased slightly in March with 27,280 homes actively available. That’s up slightly from 27,147 in February but down from 35,927 in March of 2011.

The increased home sales and the continuing low inventory left the state with an average 6.5 months supply of homes available for purchase, down from a 8.3 months supply in February and also down from the same amount a year earlier.

Tags: existing homes, condos, sales, median home prices, Maryland

Source:
MAR

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS