Maryland Market Minute

Maryland’s unemployment rate is at the lowest since 1976 — 2.5% — and Maryland continues to gain jobs. That means, more folks coming to the area and in need of housing. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, June 2, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

Maryland is one of the markets experiencing prices rising steady since February and contracts are up again this week. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, May 26, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

Mortgage Interest rates declined and credit availability fell to its lowest level in 10 years with lending tightening up but homes are selling and buyers are buying! This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, May 19, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

The median sales price for Maryland rose .33% higher than last month and properties are going under contract in just 7 days. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, May 12, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

Homes in Maryland are selling in 7 median days and prices are steady or rising in most areas as buyers take advantage of lower interest rates. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, May 5, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

Many Maryland markets are seeing a higher level of showings now than in prior to the pandemic and prices are holding steady. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, April 28, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

Word is that Fannie Mae and Freddie Mac will make controversial changes to loan fees on May 1st. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, April 21, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

New contracts are down 4.2% from last week but homes are going under contract in just 9 days. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, April 14, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

The weather and blooms indicate Spring is here and the Spring real estate market is proving as unpredictable as Mother Nature. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, April 7, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

The Federal Reserve increased the rate by 25-basis points, the ninth recent rate hike designed to stabilize rampant inflation. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, March 31, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

What a week of upheaval. A lot of folks are concerned about the fall out from the Silicon Valley Bank and Signature Bank’s collapse and wondering how these affect them. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, March 24, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

What a week of upheaval. A lot of folks are concerned about the fall out from the Silicon Valley Bank and Signature Bank’s collapse and wondering how these affect them. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, March 17, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

Despite an increase in mortgage rates since the end of January, housing demand continues. There are still some instances of bidding wars in some Maryland market areas and prices are not falling contrary to what many buyers were hoping while they stepped out of the market to “wait for a deal.” This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, Mar...

Changes are coming to both FHA and VA loan products this April and that’s good news for both buyers and sellers. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for March 3, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

Buyer showings were off this past week but time to contract is steady and actually better than in 2022. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for February 24, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

Prices are up year-to-date in all Maryland counties though buyer demand has slowed significantly.  This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for January 13, 2023. FOR MORE INFORMATION: Kinetic Realty, Inc. (443) 776-0996 Office www. KineticRealtyInc.com

There are no market updates this week but here's a wish for you and yours.