The MGroup with Re/Max Executive

11/19/2022

11/18/2022

Interesting stats from the National Association of Realtors (NAR).

BUYERS
86% of buyers recently purchased their homes through a real estate agent or broker.

10% percent purchased directly through the previous owner.
38% of buyers used an agent that was referred to them by a friend, neighbor, or relative.

12%used an agent that they had worked with in the past to buy or sell a home.

10% found their agent when inquiring about a specific property found online.

67% of buyers interviewed only one real estate agent during their home search.

89% of buyers would use their agent again or recommend their agent to others.


SELLERS
The typical home seller was 60 years old, an increase from 56 last year.
For all sellers, the most commonly cited reason for selling their home was the desire to move closer to friends and family (21%), moving due to retirement (11%), or the neighborhood has become less desirable (11%).

Sellers typically lived in their home for 10 years before selling. This is an increase from eight years in last year’s report, but reverts back to the same tenure seen in 2019 and 2020.

41% of sellers traded up to a larger home and 32% purchased the same size home.

86% of home sellers worked with a real estate agent to sell their home.

10% sold via FSBO, and less than one percent sold via iBuyer.

For recently sold homes, the final sales price was a median of 100 percent of the final listing price, the highest recorded since 2002.

Recently sold homes were on the market for a median of two weeks, an increase from one week last year.

Only 20% of sellers offered incentives to attract buyers, a drop from 26 percent of all sellers last year.

91% percent of sellers were at least somewhat satisfied with the selling process.


Moral of the story…contact me for the best results when buying or selling.

10/26/2022

If you're selling your home, you'll want to get the timing right.

10/11/2022

Undeniable truth in markets of low interest rates and higher interest rates.

10/09/2022

https://www.theepochtimes.com/experts-warn-homebuyers-of-red-flags-beyond-climbing-interest-rates_4770264.html?utm_source=top5noe&src_src=top5noe&utm_campaign=top5-2022-10-09-one&src_cmp=top5-2022-10-09-one&utm_medium=email&est=zzc9MovjpPeD7c%2FbxtxI6D6FdVRr8jpd2l4g9Sc0wxGTP7T1IGQp%2FRFj5jgrZvv5Z5KY6TPs

Over the past two years, houses nationwide were going like hotcakes, with sellers often receiving tens or even ...

10/07/2022

I have a referral for a Florida real estate agent outside my service area …Elderly gentleman, well qualified, going through divorce. Cannot view properties on Sundays. 🏠

Ps, I am just trying to help out

09/25/2022

ITS YOUR LAST OPPORTUNITY OF THE SEASON TO ENJOY CHESAPEAKE BAY CRABS AT A GREAT PRICE WITH THE ADDED BENEFIT OF HELPING THE LIONS CONTINUE OUR GREAT WORK IN THE LOCAL COMMUNITY AND AROUND THE WORLD.

09/01/2022

The beautiful condo. in Elkridge, listed for $409,000, has just settled for $412,000. Another happy seller because of the care and experience The MGroup provides. Contact us today for your real estate needs.

Click here for details:
https://www.remax.com/MD/ELKRIDGE/home-details/7115-MAIDEN-POINT-PL--389A-ELKRIDGE-MD-21075/11493759740826739460/M00000309/MDHW2019038

08/17/2022

SOLD! The MGroup assisted our client with the sale of this beautiful Annapolis townhome. Let The MGroup do the same for you.

Click here for details:
https://www.remax.com/MD/ANNAPOLIS/home-details/15-ENCLAVE-CT-ANNAPOLIS-MD-21403/11654820579612795155/M00000309/MDAA2033688

08/06/2022

UNDER CONTRACT IN 7 DAYS!

Proof that a well-prepared seller pays off. Call The MGroup for your real estate needs.

HomeVisit property website for The MGroup Presents: 7115 MAIDEN POINT PL , ELKRIDGE, MD 21075

08/06/2022