With two months left in this bizarre 2020, and the continuation of a very strong sellers market, many buyers are asking what impact continued economic uncertainty could have on home prices and will they ...

Habitat for Humanity of Worcester County operates a ReStore located at 9026 Worcester Highway in Berlin.The current hours of operation are Wednesday through Saturday from 9 a.m. to 2 p.m.Habitat for Humanity ...

Cash may be king in a sellers’ market, but buyers need to understand that the same is not true with financial institutions.So, if you don’t have all of the cash funds readily available already in a banking ...

Information from a recent Sears Home Services survey is showing that the pandemic has prompted homeowners to reevaluate their homes.They surveyed about 1,000 people nationwide on how they feel about their ...

In Worcester County, homeowners may utilize the zoning use called the Accessory Structure to gain additional living quarters.The purpose is to allow no more than one accessory apartment per lot of record ...

With “for sale” inventory limited in many price points, sellers may be able to ask more for their home.But, sellers need to remember that the home will still need to appraise adequately if the buyer is ...

The National Association of Realtors Chief Economist, Lawrence Yun, released a video report that dissects the latest homes sales numbers, talks about what could make the market even stronger, and forecasts ...

The National Flood Insurance Program’s authority to provide flood insurance is currently scheduled to expire on Sept. 30.The National Association of Realtors is making every effort to secure a long-term ...

At the beginning of the summer, we reported that demand has been very strong in the Ocean City market and surrounding areas since the end of April.Demand in the Ocean City area has remained robust. We ...

Earlier this month, Fannie Mae and Freddie Mac announced plans to impose a new 0.5 percent adverse-market fee on mortgage refinances starting Sept. 1.In most cases, this would cost homeowners thousands ...

When listing a home for sale, sellers should make sure they really “come out of the gate running.”The following are do’s and don’t’s for sellers when listing their house for sale to ensure the least amount ...

Since 1921, U.S. tax law has recognized that the exchange of one investment or business-use property for another of like-kind results in no change in the economic position of the taxpayer, and therefore, ...

With the recent Tropical Storm Isaias impacting our coastal area, the importance of having a plan in place for storm events to protect your property is top of mind.In addition to purchasing flood insurance, ...

The National Association of Realtors supplies median home prices and monthly mortgage payment estimates in its housing statistics.The group applies the House Price Index growth from FHFA to the latest ...

Below is the final summary of the 2020 legislative session of the Maryland General Assembly on items that were passed and put into legislation affecting the real estate industry as it relates to both ...