If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current [...]
eastern shore
Mother's Day Brunch Spots on the Eastern Shore
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 [...]
DIY Backyard Fire Pit: Build It in Just 7 Easy Steps
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?
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
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 Sellers, Move-Up Buyers
Eastern Shore Town Feature: St. Michaels, Maryland
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 [...]
Our Agents Pick for Best Breakfast and Coffee Shops on the Shore!
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 [...]
Why You Should Make the Move to Maryland's Eastern Shore?
by: Michael Rosendale
Rosendale Realty has been assisting people with moving to the Eastern Shore since 1978. People stop us in the grocery store years after moving and will say as soon as they hit the Chesapeake Bay Bridge, a big relaxing feeling comes over them as they return home. I’m not sure if it's a boat ride down the Wye River, a sunrise over the Chester River, the fresh seafood in the Kent Narrows or just a walk down the Island Trail.
The Eastern Shore Lifestyle seems to get into their veins. Our main coverage area of Queen Anne’s, Kent, Caroline and Talbots counties seems to have something for everyone. At Rosendale Realty, we always take note of the fact that we have moved over thousands of people to enjoy our beautiful surroundings, but very few have moved back to the city life. If you want to see what the area has to offer, give us a call and we can get you pointed in the right direction. You will not regret it!!!
GREAT DATE NIGHT SPOTS ON KENT ISLAND!
Great Date Night Spots on Kent Island!
Happy Friday Everyone! We’ve reached the end of the work week and what better way to spend it then by going out on a date night either with your partner or just yourself. Our agents know the area well! So we sent out a poll to each of them to find out what places they enjoyed going to most for date [...]
3 QUICK TIPS TO HELP PREPARE YOUR HOME FOR THE SPRING MARKETĀ
Selling a home in the Spring is the best time, right? The mindset of most people who are selling a home, generally, feel that Spring is the best time. The issue becomes, everyone else who is thinking that. You now have substantially more competition with your listing. It’s true – Spring is ideal for anyone with children that are wanting [...]
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