Comments for Howard County Real Estate, Montgomery County Real Estate , Carroll County Real Estate, Maryland Real Estate: Kittleman Realty Group http://kittlemangroup.com We Make It Easy! Mon, 28 Jun 2010 22:21:53 +0000 hourly 1 http://wordpress.org/?v=3.2.1 Comment on Howard County Real Estate Market Stats – May 2010 by VIDEO: Howard County Real Estate Update, May 2010 | Howard County Real Estate, Montgomery County Real Estate , Carroll County Real Estate, Maryland Real Estate: Kittleman Realty Group http://kittlemangroup.com/2010/06/howard-county-real-estate-market-stats-may-2010/comment-page-1/#comment-261 VIDEO: Howard County Real Estate Update, May 2010 | Howard County Real Estate, Montgomery County Real Estate , Carroll County Real Estate, Maryland Real Estate: Kittleman Realty Group Mon, 28 Jun 2010 22:21:53 +0000 http://kittlemanrealtygroup.com/?p=605#comment-261 [...] Get the complete picture here: http://kittlemanrealtygroup.com/2010/06/howard-county-real-estate-market-stats-may-2010/ [...] [...] Get the complete picture here: http://kittlemanrealtygroup.com/2010/06/howard-county-real-estate-market-stats-may-2010/ [...]

]]> Comment on House Passes Extended Homebuyers Credit – First Timers and Existing Homeowners Eligible! by Tom Yeatts http://kittlemangroup.com/2009/11/house-passes-extended-homebuyers-credit-first-timers-and-move-ups-eligible/comment-page-1/#comment-51 Tom Yeatts Thu, 05 Nov 2009 21:41:16 +0000 http://kittlemanrealtygroup.com/?p=510#comment-51 There are some limitations. The credit is available for the purchase of principal homes costing $800,000 or less, meaning vacation homes are ineligible. The credit would be phased out for individuals with annual incomes above $125,000 and for joint filers with incomes above $225,000. There are some limitations. The credit is available for the purchase of principal homes costing $800,000 or less, meaning vacation homes are ineligible. The credit would be phased out for individuals with annual incomes above $125,000 and for joint filers with incomes above $225,000.

]]> Comment on Montgomery County Real Estate Statistics – June 2009 by Tom Yeatts http://kittlemangroup.com/2009/07/montgomery-county-real-estate-statistics-june-2009/comment-page-1/#comment-46 Tom Yeatts Tue, 14 Jul 2009 19:12:18 +0000 http://kittlemanrealtygroup.com/?p=404#comment-46 Here’s the raw data from Montgomery County for June 2009. Sales are up 20.9% in volume, but prices remain soft, with an average sold price of 15.85% less than this time last year. New listings totaled 1,442 for the county as a whole, while 1,325 homes went under contract. There was a total of 5,172 active listings, with 1,099 sold in June, for an absorption rate of 21.2% of inventory absorbed in the month. For more insight, feel free to contact us! Here’s the raw data from Montgomery County for June 2009. Sales are up 20.9% in volume, but prices remain soft, with an average sold price of 15.85% less than this time last year. New listings totaled 1,442 for the county as a whole, while 1,325 homes went under contract. There was a total of 5,172 active listings, with 1,099 sold in June, for an absorption rate of 21.2% of inventory absorbed in the month. For more insight, feel free to contact us!

]]> Comment on Howard County Real Estate Statistics – June 2009 by Tom Yeatts http://kittlemangroup.com/2009/07/howard-county-real-estate-statistics-june-2009/comment-page-1/#comment-45 Tom Yeatts Tue, 14 Jul 2009 19:11:52 +0000 http://kittlemanrealtygroup.com/?p=406#comment-45 Here are the raw numbers for Howard County for June 2009. Total units sold is up 3.39% from June of last year, while the average sale price is down 6.47%. This is much less of a drop than neighboring Montgomery County, which saw over 15% shaved off their average sale price in the last year. 1,692 homes are on the market, while only 305 homes sold in June. This represents an absorption rate of 18%, slightly under MoCo’s 20+% absorption rate. So less inventory is being absorbed, as a percent of total inventory, but the prices are firmer in HoCo than in MoCo. Here are the raw numbers for Howard County for June 2009. Total units sold is up 3.39% from June of last year, while the average sale price is down 6.47%. This is much less of a drop than neighboring Montgomery County, which saw over 15% shaved off their average sale price in the last year. 1,692 homes are on the market, while only 305 homes sold in June. This represents an absorption rate of 18%, slightly under MoCo’s 20+% absorption rate. So less inventory is being absorbed, as a percent of total inventory, but the prices are firmer in HoCo than in MoCo.

]]> Comment on Montgomery County Real Estate Trends, April 2009 by Tom Yeatts http://kittlemangroup.com/2009/05/montgomery-county-real-estate-trends-april-2009/comment-page-1/#comment-3 Tom Yeatts Wed, 13 May 2009 03:57:29 +0000 http://kittlemanrealtygroup.com/?p=299#comment-3 Interesting that even with the seasonality of more inventory coming to the market, the contracts and contingent offers nearly absorbed the new inventory, 1,617 new listings to 1,335 contract/contingent. Other counties didn't fare so well at absorption. Average list price is WAAAY down from last year, 20.52%. OUCH! And sellers take note...the average sale price is 9.25% off the asking price. It's not just your house that's getting lower offers. The pain is being felt by all. This is why you need a top notch agent taking care of you. KITTLEMAN REALTY GROUP!!!! Interesting that even with the seasonality of more inventory coming to the market, the contracts and contingent offers nearly absorbed the new inventory, 1,617 new listings to 1,335 contract/contingent. Other counties didn’t fare so well at absorption.

Average list price is WAAAY down from last year, 20.52%. OUCH! And sellers take note…the average sale price is 9.25% off the asking price. It’s not just your house that’s getting lower offers. The pain is being felt by all.

This is why you need a top notch agent taking care of you. KITTLEMAN REALTY GROUP!!!!

]]> Comment on Howard County Real Estate Trends, April 2009 by Tom Yeatts http://kittlemangroup.com/2009/05/howard-county-real-estate-trends-april-2009/comment-page-1/#comment-2 Tom Yeatts Wed, 13 May 2009 03:54:06 +0000 http://kittlemanrealtygroup.com/?p=297#comment-2 Several big things here. New inventory is coming on faster than it's clearing, with 520 new listings and 318 contract and contingent offers accepted. Average list price is down 5.37%, which is less than I anticipated, but volume is still way off, even from last year, with dollar volume down over 20%. It's the less expensive housing that's moving the fastest in this market. Makes sense, with the $8,000 first time buyer's tax credit and crazy low interest rates! Several big things here. New inventory is coming on faster than it’s clearing, with 520 new listings and 318 contract and contingent offers accepted. Average list price is down 5.37%, which is less than I anticipated, but volume is still way off, even from last year, with dollar volume down over 20%.

It’s the less expensive housing that’s moving the fastest in this market. Makes sense, with the $8,000 first time buyer’s tax credit and crazy low interest rates!

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