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Housing Statistics Maryland Housing Statistics for January 2023 What the Terminology for the Maryland REALTORS® Monthly Statistics Means . . . The monthly housing statistics are presented as reported by Bright MLS. “Units” category represents sales settled in that month. “Pending Units” category includes units currently under contract, which will settle in the future. “Active Inventory” includes units that remain on the market. The […]
Housing Statistics Maryland Housing Statistics for November 2022
Housing Statistics Maryland Housing Statistics for September 2022 What the Terminology for the Maryland REALTORS® Monthly Statistics Means . . . The monthly housing statistics are presented as reported by Bright MLS. “Units” category represents sales settled in that month. “Pending Units” category includes units currently under contract, which will settle in the future. “Active Inventory” includes units that remain on the market. The […]
Housing Statistics Maryland Housing Statistics for August 2022 What the Terminology for the Maryland REALTORS® Monthly Statistics Means . . . The monthly housing statistics are presented as reported by Bright MLS. “Units” category represents sales settled in that month. “Pending Units” category includes units currently under contract, which will settle in the future. “Active Inventory” includes units that remain on the market. The […]
Housing Statistics Maryland Housing Statistics for July 2022 What the Terminology for the Maryland REALTORS® Monthly Statistics Means . . . The monthly housing statistics are presented as reported by Bright MLS. “Units” category represents sales settled in that month. “Pending Units” category includes units currently under contract, which will settle in the future. “Active Inventory” includes units that remain on the market. The […]
Purchasing A Home Rising Mortgage Rates May Affect Asking Prices If you’ve been paying any amount of attention to the real estate market, you may have noticed that mortgage rates have been steadily increasing throughout most of 2022. In fact, the average interest rate for a 30-year mortgage is over 5% as of early June. When the Federal Reserve first lowered national interest rates at […]
Purchasing A Home Looking To Buy A Home In A Competitive Market? Here’s How To Win! Now that interest rates and home values are increasing at a somewhat steady rate, you might think that market conditions would start favoring the buyer. Despite recent changes, the market remains highly competitive among buyers. When market conditions are favorable for buyers, you likely won’t encounter much competition while you search for a new home. […]
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