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The Millennial generation isn’t the only generation with claims to barriers to buying their first home. The Boomer generation actually faced one of the toughest housing markets – ever. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, June 28, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443…
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A lot of industry data is indicating slower buyer activity and rising inventory. But what about Maryland’s real estate market?. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, June 21, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www.KineticRealtyInc.com (http://www.ki…
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The Maryland General Assembly has passed several housing laws this year that may ease the middle housing crisis. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, June 14, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www.KineticRealtyInc.com (http://www.kineticrealtyinc.…
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Some areas are seeing strong buyer activity and multiple offers while other areas are seeing long time on the market and pricing adjustments. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, June 7, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www.KineticRealtyInc.com (…
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Marylanders took the holiday from house hunting and writing contracts reflected in lower numbers this report. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, May 31, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www.KineticRealtyInc.com (http://www.kineticrealtyinc.com/…
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How many homes does a buyer make an offer on before they win the multiple bid situation? This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, May 24, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www.KineticRealtyInc.com (http://www.kineticrealtyinc.com/)…
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After hitting a 40-year high of 9.1% in June 2022, inflation has slowed. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, May 17, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www.KineticRealtyInc.com (http://www.kineticrealtyinc.com/)…
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Buyer activity fell 18.17% from last year and new contracts are off 9.4% from last year this same time as inventory is slowly climbing. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, May 10, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www.KineticRealtyInc.com (http:/…
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Some counties are seeing lower buyer interest while others are seeing more buyer interest since last year this same time. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, May 3, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www.KineticRealtyInc.com (http://www.kineticrea…
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One of my buyers recently used the phrase “those buyers are burning the market” and I found that phrase a perfect representation of what’s happening in today’s market. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, April 26, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Offic…
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You may be hearing that homes sold in Maryland are down 13.9% from last year this same time but here’s what you haven’t heard. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, April 19, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www.KineticRealtyInc.com (http://www.ki…
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Home prices are up in every Maryland Western Shore county this month despite interest rates in the normal range and hopeful pundits talking about prices falling. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, April 12, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www.…
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New purchase contracts and buyer home tours were down last week as a result of the holiday and Spring break. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, April 5, 2024. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Office www.KineticRealtyInc.com…
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Buyer activity is stronger in areas with more inventory than in those areas with limited inventory and the majority of homes going under contract are in the lower priced ranges. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, March 29, 2024. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-09…
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Most Maryland counties, with the exception of the Eastern Shore counties, are seeing slower buyer activity as homes begin to come on the market for Spring. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, March 22, 2024. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRe…
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Prices throughout Maryland are up year to date and some as high as 59%! This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, March 15, 2024. HB 1515 – Sales Tax on Services - https://youtu.be/At4B-hkWHIw?feature=shared FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyIn…
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No recession for you! The U.S. economy continues to buck last year’s predictions of a recession and those same economists are now saying that they don’t see a recession coming in the next 12 months. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, March 8, 2024. FOR MORE INFORMATION:Kinetic Real…
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The reality of the Maryland housing supply and affordability Crisis is finally being heard at the legislation level. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, February 2, 2024. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www.KineticRealtyInc.com…
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Showings were down this week but purchase contracts were up 4.6% from last week despite the snow storm. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, January 26, 2024. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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Weather does affect the real estate market. When inclement weather hits, showings stop but the desire to buy does not. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, January 19, 2024. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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Fed raised interest rates 11 times taking the interest rate near 8%, the highest level in more than 22 years. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, December 29, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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Homes are selling faster than they did last year and with the recent fall in interest rates, buyers and sellers remain engaged in the market despite the time of year when things naturally slow due to the holidays. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, December 22, 2023. FOR MORE INFOR…
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Maryland home prices are up 7% from last year this time but it is taking a few more days before contract in most areas. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, December 15, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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Due to the rise in housing prices,FHFA just released the new conforming loan limits for 2024. The limit rose from $726,200 to $766,550 in most counties, with higher priced counties rising to $1,149,825. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, December 8, 2023. FOR MORE INFORMATION:Kinet…
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Due to the rise in housing prices, FHFA just released the new conforming loan limits for 2024. The limit rose from $726,200 to $766,550 in most counties, with higher priced counties rising to $1,149,825. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, December 1, 2023. FOR MORE INFORMATION:Kine…
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All areas of Maryland saw week-over-week buyer activity rise and new purchase contracts rose as home prices are up 6.23% year-over-year. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, November 17, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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This past week saw fewer homes going under contract despite the dip in interest rates while new inventory slid backwards. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, November 10, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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Buyer showings in all regions have slowed but more inventory came to the market. Good for buyers but sellers are competing for fewer buyers. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, November 3, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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Homes coming to market declined this week following weeks of rising listings as new contracts also fell. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, October 27, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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Despite more homes coming to the market, buyer activity remains steady in most areas of Maryland and home prices remain stable. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, October 20, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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The median list price remains strong despite moving into the Fall market and contracts are up from last week. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, October 13, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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Mortgage interest rates hit their highest levels in 20 years and the 10-yr Treasury hit its high since 2007. Fewer homes came to the market over the past week. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, October 6, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.Kine…
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All areas of Maryland are showing fewer buyer showings week-over-week and are well below last year this same time. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, September 29, 2023.FOR MORE INFORMATION: Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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Fun fact: 47.2% of summer buyers moved within the same county and 25.9% switched counties. Buyers moving to the area from New York topped the list with Florida, California, North Carolina and Texas following. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, September 22, 2023. FOR MORE INFORMATI…
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Renters are now spending about 30% of their income on rent nationwide, the highest ratio for the first time in 25 years as home prices are up 30%. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, September 15, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyI…
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Luxury home buyers are seeking smart homes and technology to make living easier and more convenient. Maryland has our share of luxury homes and prices vary by location. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, September 8, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Off…
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Homes available for sale in Maryland continue to decline, dropping 22.6% to 5,915 units versus last July’s figure of 7,643 units but home prices are up 4% and days on the market continue to remain law. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, September 1st, 2023. FOR MORE INFORMATION:Kin…
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Montgomery County has just passed an increase of the recordation tax for homes purchased that becomes effective October 1, 2023. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, August 11, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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Despite the challenges of the market, first time buyers are pushing through and making headway in this market This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, August 4 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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Taylor Swift, Barbie and Beyoncé apparently are running the world and creating inflation as their fans spend money bolstering the economy everywhere they show up. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, July 28, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.Kin…
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Homes in Maryland cost more this year than last year and some more than others, depending on the market you’re in. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, July 21, 2023. FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com…
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Showings this past week were down 19.5% compared to the prior week… understandable as many were preparing to travel for the Independence Day holiday but purchase contracts were actually up 2.9% This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, July 7, 2023. FOR MORE INFORMATION:Kinetic Realty, In…
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