Jada Brown Realtor

03/30/2025

Did you know that over the past century, the median size of new home builds has more than doubled? A century ago, homes averaged just over 1,000 square feet, while today, they approach nearly 2,500 square feet. That’s a significant increase!

Interestingly, as homes have expanded in size, the median number of inhabitants per single-family home has decreased from 4.3 to just 2.5 people. This data suggests that all that extra space isn’t necessarily being built to accommodate more residents.

Moreover, recent trends indicate that the large home phenomenon may be cooling off. Since peaking at an average size of 2,800 square feet in 2015, the average new home size has been on a decline, reaching a 15-year low of 2,300 square feet in 2023.

This shift could influence current market dynamics, whether you're looking to trade up for more space, downsize for convenience, or invest in properties that align with these changing preferences.

If you have any questions about how these trends might affect your real estate decisions, please don’t hesitate to reach out. I'm here to help you navigate the market with confidence!

03/23/2025

Are you dreaming of a home that perfectly suits your style and needs but struggling to find the right property? You're not alone! Many buyers face challenges in a competitive market, especially when it comes to finding move-in ready homes. But what if I told you there's a way to turn a fixer-upper into your dream space while building equity along the way?

Introducing the Fannie Mae HomeStyle Renovation Loan and the FHA 203(k) Loan—two powerful financing options designed to help you purchase and renovate properties that might otherwise be overlooked.

Here’s how these loans can work for you:

1. Transform Any Property into Your Dream Home:
Both the HomeStyle and 203(k) loans allow you to finance the cost of renovations and repairs along with the home purchase. This means you can buy a home that may need some work and customize it to your taste—all with one convenient mortgage!

2. Build Equity from Day One:
By investing in a property that needs improvements, you can significantly increase its value through renovations. This means you have the potential to build equity faster than with a traditional home purchase.

3. Tap into Hidden Opportunities:
Many homes that could be perfect for you might not qualify for traditional financing due to their condition. With these renovation loans, you can unlock more possibilities and consider properties that others might ignore.

4. Less Competition:
In many markets, buyers focusing on move-in ready homes face stiff competition and bidding wars. By looking at properties that need work, you might find less competition, giving you a better chance to secure your ideal home.

5. Flexible Renovation Options:
From minor cosmetic updates to major repairs, these loans offer flexibility in the types of renovations you can finance. Imagine turning that outdated kitchen or tired bathroom into something spectacular, all while enhancing your living experience and investment.

I’m here to guide you through the process, answer any questions, and help you find the perfect property to transform.

03/16/2025

Are you ready to take the plunge into real estate investing in Baltimore? The city is ripe with opportunities, and becoming a landlord can be a rewarding venture. However, there are important steps and regulations you need to be aware of to ensure you're operating legally and successfully.

Here’s what you need to know:

1. Lead Inspection Requirement:
Before you rent out any property, it’s crucial to have a lead inspection done. This is a mandatory step to protect tenants—especially children—from lead poisoning. Ensure that your property complies with the Maryland Lead Poisoning Prevention Program to avoid hefty fines.

2. Rental Inspection:
To legally rent your property, you must pass a rental inspection conducted by a licensed state inspector This inspection verifies that your property meets health and safety standards. Without passing this inspection, you cannot obtain a rental license.

3. Obtain Your Rental Certification:
After successfully completing the lead and rental inspections, you will need to apply for a rental certification. This certification is proof that your property meets all local regulations and is safe for tenants. Operating a rental property without this certification is illegal and can result in serious penalties.

4. Exception for Owner-Occupied Homes:
If you live in the property and are renting out individual rooms, you may qualify for an exemption from the rental inspection requirement. However, it’s still crucial to ensure that your property is safe and meets all other compliance requirements.

Take Action Now!

Becoming a landlord in Baltimore can be a lucrative investment opportunity when you follow the proper procedures. If you have questions about the process or need assistance navigating the regulations, don’t hesitate to reach out. I am here to help you every step of the way!

03/09/2025

Are you looking for an innovative way to invest in real estate while building equity and saving on housing costs? I am excited to introduce you to the Live-In Flip Method—a strategy that can transform your financial future while providing you a place to call home!

What is the Live-In Flip Method?
The Live-In Flip Method involves purchasing a property, living in it for a period (typically 1-2 years), and then selling it for a profit after making strategic improvements. It’s a smart way to enter the real estate market and create value, all while enjoying the benefits of homeownership.

Benefits of the Live-In Flip Method

1. Build Equity While You Live
When you purchase a fixer upper that is priced below value, you get instant equity. Then when those repairs are made, you are forcing the appreciation upward, thus creating wealth for you. Moreover, every mortgage payment allows you to build equity, setting you up for greater financial stability.

2. Maximize Home Renovation Potential
Living in the property gives you firsthand experience and insight into what renovations will add the most value. You can undertake projects at your own pace, focusing on improvements that enhance your quality of life and increase market appeal.

3. Tax Advantages
When you sell your primary residence, you may qualify for capital gains tax exclusions if you meet certain criteria. This can lead to significant savings on your profits.

4. Affordable Housing Solution
Investing in real estate through the Live-In Flip Method allows you to enjoy lower housing costs compared to renting. You’ll be creating a home that meets your needs while simultaneously working toward a profitable investment.

Get Started with Your Live-In Flip Journey!
Are you ready to explore this exciting investment strategy? Call me today for personalized advice.

03/02/2025

I have some important updates regarding Baltimore City's First-Time Homebuyer Incentive Program and the Vacants to Value initiative.

Funding Update
Baltimore City has run out of funding for the First-Time Homebuyer Incentive Program and the Vacants to Value program. While this is undoubtedly disappointing news for potential homebuyers, I want to assure you that the city plans to replenish these funds in the future. However, a specific timeline for when this will happen is currently unavailable.

Alternative Grant Opportunities Still Available
While we wait for the First-Time Homebuyer funds to be replenished, there are still valuable grant opportunities you can take advantage of:

1. Live Near Your Work Program: This grant provides financial assistance to employees of participating employers who are purchasing homes in designated neighborhoods.

2. Live Baltimore Trolley Tour: The quarterly trolley tours showcase beautiful homes in Baltimore’s vibrant neighborhoods. Attendees can win an incentive of $5,000.

Explore Lender-Specific Grants:
Additionally, many lenders in the area offer their own grant programs to assist first-time homebuyers. We recommend reaching out to your preferred lender to explore what options may be available to you.

Stay Connected
I encourage you to keep an eye on our updates as we receive more information regarding the replenishment of the First-Time Homebuyer Incentive Program.

If you have any questions or need assistance with your homebuying journey, please don’t hesitate to reach out!

03/29/2024

Here’s a brief overview of the Buy into BMore Fixed Pricing Program where you can buy a house for as little as $1. Reminder: these homes are vacant, abandoned and will need extensive rehab. If you’re interested in getting more information, feel free to send me a message and check out my full length explainer video on YouTube.

https://youtu.be/WK7XeGZYgw8?si=lcfDhHRq7IYP50jw

03/24/2024

🎆POP QUIZ🎆

Do you know your credit score? If the answer is no, don’t sweat it! There are plenty of ways to get your FICO Score and/or VantageScore for free online. Knowing your credit score is the first step to protecting it. this holiday season.

Where do you find your score?

03/22/2024

Things that are hot right now:
🌵 Succulents
💽 Cryptocurrency
🌎 The Northern Hemisphere
🏠 The housing market
If you’ve been waiting for the right time to sell your home, your wait is OVER! Send me a DM ASAP so we can talk about maximizing your unique position in the market to get you an optimal return on investment!

03/20/2024

❗POP QUIZ❗
Do you know how much the average home is going for in your neighborhood?
If you don’t, that’s what I’m here for! As your local real estate expert, I know how much homes are selling for and how fast they are selling, and I’d love to talk to you about it. Shoot me a DM if you’re interested in learning the ins and outs of your market.

03/18/2024

Are you interested in maximizing the sale of your property? The market is heating up for …
House Flippers 🤸
Empty Nesters 🐦
Multiple-Home Owners 🏠🏠🏠

Like this post, comment, or shoot me a DM if you’d like to discuss your options!

03/17/2024

🏡 Join us TOMORROW for an exclusive OPEN HOUSE in a beautiful luxury home in Chantilly, VA! Explore your future dream home from 1pm-4pm on March 17th. Don't miss out on this opportunity! "

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