Nobody knows how the impact of COVID-19 on Maryland Real Estate and Showings will impact the real estate market over the next few months because we don’t know what the real impact of the virus will be on public health and markets. According to the POTUS, it could disappear one day - and according to others, we could face a [...]
The COVID-19 health crisis is presenting challenges that are unprecedented in our lifetime. Our thoughts and well wishes are with everyone affected by COVID-19. At Stahley Thompson Homes we have been carefully evaluating the situation, following the guidance of public health officials and listening to news reports from around the world. The safety of our clients and agents is our [...]
The real estate industry is constantly changing, both in terms of residential and commercial. Now add the current state of the Corona Virus and you have an industry that is very unsettled right now. Knowing the latest real estate statistics (as of February 2020) is a great way to better position yourself for success as the industry attempts to get [...]
The short term interest rate increases from the FED are affecting our Personal Finances. The recent spike in the yield of the 10-year Treasury note to 3.25% is the highest level since the Spring 2011. You can expect your borrowing costs and investment accounts to be affected. The yield on the key U.S government bond influences everything from fixed-rate mortgages to [...]
According to the Mortgage Bankers Association, total mortgage application volume decreased 1.7 percent last week, leaving volume was 15 percent lower that a year ago. We had hoped that the drop in mortgage rates should have given a little life to the mortgage business, but it did not. The weekending is aggravating potential home-buyers, and it is taking a real chunk [...]