Lauren Bunting Associate Broker

Lauren's Blog

Home Builders Association reports lumber prices rising

Thursday, May 06, 2021 Lauren Bunting

Per the National Association of Home Builders (NAHB), lumber prices have tripled over the past 12 months and have caused the price of an average new single-family home to increase by $35,872.

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Options exist for homebuyer looking to waive inspections

Thursday, April 29, 2021 Lauren Bunting

Last week, we discussed the current sellers’ market and how it is difficult to get offers accepted when facing multiple offer situations.

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Waiving appraisal effective strategy for select buyers

Thursday, April 22, 2021 Lauren Bunting

Buyers are looking for ways to strengthen their offer in this competitive seller’s market.


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Recordation taxes, transfer fees

Thursday, April 01, 2021 Lauren Bunting

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Home sales slip in February after gains in months prior

Thursday, March 25, 2021 Lauren Bunting

According to the National Association of Realtors®, existing-home sales declined in February, following gains in both January, 2021 and December, 2020. However, all four U.S. regions recorded year-over-year gains.

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Individual, business rates of withholding tax in Maryland

Thursday, March 04, 2021 Lauren Bunting

Anyone who sells a property in Maryland, but is a “non-resident” of the state of Maryland, must pay a withholding tax.


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Worcester County following Md. Forest Conservation Act

Thursday, February 25, 2021 Lauren Bunting

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Cost effective home staging tips

Thursday, February 18, 2021 Lauren Bunting

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Tips to improve chances in challenging sellers' market

Thursday, February 11, 2021 Lauren Bunting

Lack of inventory, rising prices, multiple offers on new listings—all confirmation that we are indeed in a sellers’ market.

Finding a home

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Agricultural use assessment in Md.

Thursday, January 28, 2021 Lauren Bunting

The preservation

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VA Loan obtainable through mortgage companies, banks

Thursday, January 21, 2021 Lauren Bunting

Most people are familiar with the VA Loan, which is a loan program through the Department of Veterans Affairs.

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Consumers protected from misconduct with Guaranty

Thursday, January 14, 2021 Lauren Bunting

The Maryland Real Estate Commission is the regulatory agency that provides licenses to real estate brokers and agents.

Its office receives 400-500 consumer complaints annually.

Maryland Real Estate Commission is a special funded entity in which license fees fund its operations as well as the Real Estate Guaranty Fund.

Maryland Realtors have provided

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Real estate year-end observations

Thursday, December 24, 2020 Lauren Bunting

This year has produced noticeable real estate market shifts, and in many cases the surge in real estate demand was fueled by the effects of covid-19.

Here on the shore, we saw increases in feeder market sales due to the consumers desire to have a safe, drive-to vacation spot.

Various other factors

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Beat other buyers in multiple bid situations

Thursday, November 19, 2020 Lauren Bunting

In a strong real estate market with lower inventory, we are experiencing numerous multiple offer situations, especially on the lower price point category of homes that first-time homebuyers would be seeking.

So how can a first-time homebuyer strengthen their chances of beating out other buyers?

This is one of the hardest, but

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ReStores offer discounted home furniture, appliances

Thursday, October 22, 2020 Lauren Bunting

Habitat for Humanity of Worcester County operates a ReStore located at 9026 Worcester Highway in Berlin.

The

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Lenders seek verification of cash deposits in accounts

Thursday, October 15, 2020 Lauren Bunting

Cash may be king in a sellers’ market, but buyers need to understand that the same is not true with financial institutions.

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Pandemic creates growing homeowner dissatisfaction

Thursday, October 08, 2020 Lauren Bunting

Information from a recent Sears Home Services survey is showing that the pandemic has prompted homeowners to reevaluate their homes.

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Housing prices increase, but appraisals lag behind

Thursday, September 24, 2020 Lauren Bunting

With “for sale” inventory limited in many price points, sellers may be able to ask more for their home.

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Housing market could be stronger

Thursday, September 17, 2020 Lauren Bunting

The National Association of Realtors Chief Economist, Lawrence Yun, released a video report that dissects the latest homes sales numbers, talks about what could make the market even stronger, and forecasts what’s ahead

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Flood insurance program may expire Sept. 30

Thursday, September 10, 2020 Lauren Bunting

The National Flood Insurance Program’s authority to provide flood insurance is currently scheduled to expire on Sept. 30.

The National Association of Realtors is making every effort to secure a long-term reauthorization of the

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OC area remains in higher demand with low inventory

Thursday, September 03, 2020 Lauren Bunting

At the beginning of the summer, we reported that demand has been very strong in the Ocean City market and surrounding areas since the end of April.

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How sellers can get best offer on houses in market

Thursday, August 20, 2020 Lauren Bunting

When listing a home for sale, sellers should make sure they really “come out of the gate running.”

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Prepare for storms with insurance, actions

Thursday, August 06, 2020 Lauren Bunting

With the recent Tropical Storm Isaias impacting our coastal area, the importance of having a plan in place for storm events to protect your property is top of mind.

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New state legislation impacts HOA and condo associations

Thursday, July 23, 2020 Lauren Bunting

Below is the final summary of the 2020 legislative session of the Maryland General Assembly on items that were passed and put into legislation affecting the real estate industry as it relates to

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Md. legislation affects real estate industry and taxes

Thursday, July 09, 2020 Lauren Bunting

Below is a summary of the 2020 legislative session of the Maryland General Assembly on items that were passed and put into legislation affecting the real estate industry as it relates to affordable

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Points to weigh prior to purchasing condo

Thursday, July 02, 2020 Lauren Bunting

Condo sales have been soaring in the Ocean City and surrounding beach markets.

Purchasing a condominium differs

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Validity of contracts explained

Thursday, June 18, 2020 Lauren Bunting

With low inventory in our market, and a high buyer demand, we are experiencing many multiple-offer situations on properties.

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OC housing market strong because of low interest rate

Thursday, June 04, 2020 Lauren Bunting

Demand has been very strong in the Ocean City market over the past month due to both being in our spring market (although somewhat postponed due to covid-19) and historically low interest rates.

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Now great time to sell home, but take extra safety steps

Thursday, May 21, 2020 Lauren Bunting

Listing inventory is at record lows both around the country and in our local area, and buyer demand is coming back as the country eases restrictions, so it’s a great time to sell

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FHA Condo Rule Changes

Sunday, September 01, 2019 Lauren Bunting

The National Association of Realtors® sent out a press release last week commending the Department of Housing and Urban Development for finalizing new Federal Housing Administration condominium loan policies. The changes, many of which NAR has championed for over

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Transfer and Recordation Taxes in MD

Monday, July 01, 2019 Lauren Bunting

Customary in the state of Maryland is a split of transfer and recordation charges between a buyer and a seller. Section 14-104(b) of the Real Property Article, Annotated Code of Maryland provides that, unless otherwise negotiated in the contract

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Days On Market Calculations in Bright MLS

Saturday, June 01, 2019 Lauren Bunting

The local multiple list system is called Bright MLS. Bright tracks how long a listing has been active with the use of Days on Market (DOM) and Cumulative Days on Market (CDOM). The DOM provides a look at how

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Moving After Losing A Loved One

Tuesday, May 07, 2019 Lauren Bunting

This post is authored by Lucille Rosetti from thebereaved.org and is being added to my blog at her request to help provide information on how to proceed with moving after the loss of a loved one. 

 

Moving After Losing a Loved One: When a beloved family member

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LWB Real Estate Report: Bright MLS

Thursday, June 21, 2018 Lauren Bunting

Real Estate Report:

A new multiple list service (MLS), called Bright MLS, is gearing up to take effect in the Delmarva area that will cover the entire state of Maryland and

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LWB Real Estate Report: Agents

Thursday, June 14, 2018 Lauren Bunting

 

Real Estate Report:

If you are in the market to buy or sell a home, you are probably going to retain the assistance of a real estate professional. Practitioners in the field of real estate can hold various titles, and each of the titles comes with a

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LWB Real Estate Report: Bank of America's Grant

Tuesday, April 03, 2018 Lauren Bunting

Real Estate Report:

Homebuyers may be eligible to receive up to $5000.00 in closing cost assistance through Bank of America’s Home Grant program. These funds can be used to help with nonrecurring closing costs such

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Real Estate Report: Realtor Ethics

Sunday, April 01, 2018 Lauren Bunting

Real Estate Report: Realtor Education and Ethics Requirements

Have you ever wondered what qualifications your REALTOR® encompasses? To be a licensed REALTOR®, there is a detailed list of requirements, not only to

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LWB Real Estate Report: Rate Increases

Tuesday, March 27, 2018 Lauren Bunting

Real Estate Report:

With the Federal Reserve raising interest rates last week by a quarter of a percentage point and signaling that the central bank is on track to raise rates twice more in 2018—homebuyers should pay

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LWB Real Estate Report: CMA vs. Appraisal

Tuesday, March 13, 2018 Lauren Bunting

Real Estate Report: CMA vs. Appraisal

To clear up any confusion, there is a definite difference between a Comparative Market Analysis (CMA) and an appraisal. Basically, they are two different levels of reports in determining

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LWB Real Estate Report: Smoke Alarm Law

Tuesday, February 13, 2018 Lauren Bunting

Real Estate Report:

As of January 1, 2018, there are new residential smoke alarm requirements in the state of Maryland, as per a bill passed by the Maryland General Assembly in 2013. Maryland REALTORS® has provided information to help

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LWB Real Estate Report: 2017 Year End Figures

Tuesday, January 30, 2018 Lauren Bunting

Maryland REALTORS® released their Maryland Year End sales figures, and announced that in 2017, residential sales in Maryland climbed by 3.2 percent, or more than 2,500 homes across the state. Eighteen of Maryland's 24 jurisdictions posted gains in home

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LWB Real Estate Report: Realtors Effect on Taxes

Monday, January 01, 2018 Lauren Bunting

The National Association of Realtors issued a news release that summarizes real estate related tax items in the Tax Cuts and Jobs Act put into place just before Christmas. They started by saying that Realtors can take some credit for many of the bill’s improvements during its

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LWB Real Estate Report: Contingencies

Thursday, June 01, 2017 Lauren Bunting

Contingencies Provide Buyers an Important Check and Balance

Purchasing a new home is normally the biggest investment you’ll ever make and once you’ve bought a home, it’s a decision you can’t easily reverse. Contracts of sale offer various contingency clauses

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LWB Real Estate Report: Role of Agent

Saturday, April 01, 2017 Lauren Bunting

The Maryland Association of Realtors has issued a new brochure for the public entitled “Get to Know the Role of Real Estate Agents”. The brochure covers the role of agents and agency relationships and is a useful tool for

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LWB Real Estate Report: Realtor Ethics

Wednesday, February 01, 2017 Lauren Bunting

Most real estate agents are Realtors®, which means they are members of the National Association of Realtors (NAR). By belonging to NAR, all member Realtors are bound by NAR’s Code of Ethics. But beyond the ethics code, NAR developed

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Commission oversees real estate agents

Tuesday, April 14, 2015 Lauren Bunting

In Maryland, licensed real estate agents answer to the Maryland Real Estate Commission, a part of the Department of Labor, Licensing and Regulation’s (DLLR) division of Occupational and Professional Licensing. The Commission exists to serve both real estate consumers in Maryland and the real estate licensees

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Survey shows realtors using new technology

Friday, July 04, 2014 Lauren Bunting

In a recent news release issued by the National Association of Realtors (NAR), it was reported that Realtors continue to invest in new technology for their business and have spent more than they did in previous years on keeping up with technology advancements.

It is not surprising

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What is a QR code?

Wednesday, June 01, 2011 Lauren Bunting

Have you looked at real estate ads lately, and wondered if there was a printing error that caused a box of squiggly lines to appear??

Well, it's no mistake. It's one of the newest mobile internet technologies using 'bar codes", or more specifically dubbed QR codes.

A QR (Quick Response)

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Thank you so much for all of your hard work. We are so excited to move into the perfect house for us, and couldn’t have done it without your guidance.

Megan and Brandon Cater

My friend was right, you are the hardest working realtor, bar none. I honestly don’t think that I would have gotten through this house selling process without you. You certainly have done yeomen du...

Brenda Burbage

Lauren made first time homebuying extremely approachable, and took the time to educate me on everything involved in the process.

Amanda Hanke & Keri Swigert

Thank you for all of your hard work and dedication that made this purchase possible. You advocate for your clients and I highly regard you for it. You made it possible for me and my family to achie...

Tom Harutyunyan

Thank you so much for the very wonderful, professional job you did with selling our property. You will always be special to me.

Penny Carley

Lauren’s extensive knowledge of the local real estate market proved to be invaluable during the purchase of our first home. We were beyond impressed by her persistence, dedication and how easy she ...

Allison Shockley & Patrick Molloy

We want to say a sincere “Thank You” for all you've done for us! We know at times the road seemed never ending. Thank you for always staying positive even through our ups and downs of this process....

Mike and Patty Locke

Lauren is very easy to work with. She has helped me sell and buy homes in the area and has always been hard working and professional.

Jennifer K. Leggour


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MLS Information

Listing information is provided courtesy of The Coastal Association of REALTORS® which neither guarantees nor is in any way responsible for its accuracy. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of The Coastal Association of REALTORS®. The materials contained within this page may not be reproduced without the express written consent of this broker. The information contained within this page is for personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All room dimensions and other measurements are approximate. All information is deemed reliable but is not guarantee. Prospective purchasers should verify the information to their own satisfaction. All data is provided 'AS IS' and with all faults. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited. Information deemed reliable but not guaranteed.

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Contact Me
  • Atlantic Shores Sotheby's International Realty
  • Lauren Bunting Associate Broker
  • 7510 Coastal Highway | Ocean City, MD 21842
  • Office Phone: 410-524-0919
  • Cell: 410-422-9899
  • Email: lwbunting@comcast.net