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Mother's Day Brunch Spots on the Eastern Shore

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Do you have plans for Mother’s Day yet? Moms do it all so they deserve it all and to be treated like royalty on their special day! We did the research for you and found the best brunch spots on the Eastern Shore! Show her how truly special she is and treat her to one of these local, sure to please brunch spots this Mother’s [...]

The Power of Pre-Approval

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If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house and act quickly when you go to put in an offer. One [...]

DIY Backyard Fire Pit: Build It in Just 7 Easy Steps

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Turn your backyard into a cozy camp spot by making your own fire pit. This DIY project is easy to complete, and you’ll be making s’mores around the fire in no time.

Get ready

Before you begin building, consult your local fire code to see if fire pits are allowed in your city and, if so, how far away the fire pit has to be from a structure.

Then, gather your [...]

We're in a Seller's Market. What Does that Mean?

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Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your [...]

What Buyer Activity Tells Us About the Housing Market

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Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News:

“Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.”

That activity can be seen in the latest ShowingTime Showing Index, which is a measure of buyers actively touring available homes (see graph below):

The 62% jump in showings from December to January is one of the largest on record. There were also more showings in January than in any other month since last May. As you can see in the graph, it’s normal for showings to increase early in the year, but the jump this January was larger than usual, and a lot of that has to do with mortgage rates. Michael Lane, VP of Sales and Industry at ShowingTime+, explains:

“It’s typical to see a seasonal increase in home showings in January as buyers get ready for the spring market, but a larger increase than any January before after last year’s rapid cooldown is significant. Mortgage rate activity this spring will play a big role in sales activity, but January’s home showings are a positive sign that buyers are getting back out there . . .”

It's important to note that mortgage rates hovered in the low 6% range in January, which played a role in the high number of showings. What does this mean? When mortgage rates eased, buyer interest climbed. The jump in home showings early this year makes one thing clear – while rates may be volatile right now, there are interested buyers out there, and when mortgage rates are favorable, they’re ready to make their move. 

Written by KCM Crew on . Posted in For SellersMove-Up Buyers

Eastern Shore Town Feature: St. Michaels, Maryland

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St. Michaels

Voted one of the “Top 10 Best Small Coastal Towns in America” by USA Today! St. Michaels, Maryland has captured the love of visitors from all over the country! Nestled on Maryland’s Eastern Shore, the 300-year-old town is rich in historic charm, but with a refreshingly modern vibe. It’s also close to other popular destinations [...]

10 Home Updates That Quickly Increase Value

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If you live in an older home, or just bought a new one and want to make it yours, these 10 updates might be a great place to start. These updates will help increase your home value right away.

Some home updates are all about making your home more comfortable for you and your family. For example, putting in a swimming pool won’t increase [...]

Should You Rent or Sell Your House?

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If you’re a homeowner ready to make a move, you may be thinking about using your current house as a rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years with easy-to-use platforms such as Airbnb or Vrbo. According [...]

Our Agents Pick for Best Breakfast and Coffee Shops on the Shore!

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It's Friday and we're ready for the weekend! We normally say there's nothing better then touring houses on the weekend! But touring homes can get exhausting if you don't fuel up properly before! So this week we're calling all Breakfast and Coffee Lovers! The Eastern Shore has an AMAZING selection of quaint, family-friendly places and [...]

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