Lauren Bunting Associate Broker MD & DE

Lauren's Blog

The New Million Dollar Home Club

Thursday, September 08, 2022 Lauren Bunting

A recent Zillow report is showing that with sales up and values up during the pandemic real estate boom, more homes are selling for over the $1 million mark. The report also detailed that the typical ...

Read more

Residential Architectural Styles

Friday, July 15, 2022 Lauren Bunting

Every house has a unique architectural style. Sometimes the architecture is a blend of more than one architectural style due to additions. The National Association of Realtors explains that ...

Read more

Home Showing Trends for May 2022

Thursday, July 07, 2022 Lauren Bunting

The National Association of Realtors provides a monthly home showings report based off showing information taken from Sentrilock lockboxes, which are used by the majority of real estate agents ...

Read more

Appraisal Gaps

Thursday, June 16, 2022 Lauren Bunting

Appraisals in a sellers’ market can be troublesome, and transactions can fall apart when appraisals come up short—creating an appraisal gap. An appraisal gap is the difference between market ...

Read more

2022 Update from the Maryland State Legislature

Thursday, May 26, 2022 Lauren Bunting

In 2022, the Maryland State Legislature convened on January 12th and adjourned on April 11th. Maryland REALTORS® issues a report each year on the Maryland Legislative session ...

Read more

New Affordable Housing Opportunities in Maryland

Thursday, May 19, 2022 Lauren Bunting

Governor Larry Hogan announced at the end of April that more than $200 million in financing tools and new programs will be made available to create new affordable housing opportunities in the ...

Read more

Interest Rates Are On The Rise

Thursday, April 21, 2022 Lauren Bunting

The shift in interest rates is in motion. According to Forbes.com, mortgage rates have jumped 1.5 percentage points during the first three months of this year. They further communicated that ...

Read more

Buying a Home with Existing Solar Panels

Thursday, March 24, 2022 Lauren Bunting

Solar panels on a home can be a great selling advantage, one that provides very affordable utility bills. This type of technology is called a solar photovoltaic (“PV”) panel system or“Solar ...

Read more

Types of Real Estate Licenses

Saturday, March 12, 2022 Lauren Bunting

In real estate, there are three levels of licensure: Salesperson, Associate Broker and Broker. Licenses are issued bythe Maryland Department of Labor, Licensing and Regulation, which is the licensing ...

Read more

Three Helpful Hints to Save on Homeowners Insurance

Thursday, March 03, 2022 Lauren Bunting

Homeowner’s insurance is a necessity if your home is mortgaged, and this type of insurance covers the structure of your home and your personal property, as well as your personal legal responsibility (or ...

Read more

Doc Lite Loan Program: A Local Loan Solution for Investors

Thursday, February 24, 2022 Lauren Bunting

It’s a hot real estate market right now, but we all remember the real estate “crash era” that began in 2008. That real estate downturn brought about many changes in financing and how loans are approved. ...

Read more

Manage Your Moving Costs

Thursday, February 17, 2022 Lauren Bunting

With inflation and national average costs of moving on the rise, budgeting in this expense when selling your home is important. Below are some tips for having a smooth move when selling.Try to pick an ...

Read more

Worcester County’s Chesapeake Bay Critical Area Program

Thursday, February 10, 2022 Lauren Bunting

Worcester County’s Chesapeake Bay Critical Area Program, which was adopted in 1990, accommodates future growth within the Critical Area, while providing for conservation of fish, wildlife and plant habitats, ...

Read more

Property Reassessments & How To Appeal Them

Thursday, January 20, 2022 Lauren Bunting

With property reassessments going out last month for much of Worcester County, property owners might be wondering what their options are if they disagree with the values the county assessment office has ...

Read more

What To Expect In 2022

Thursday, January 13, 2022 Lauren Bunting

According to a recent article released by the National Association of Realtors, consumers can expect slower housing price appreciation, easing inflation and rising interest rates in 2022. This statement ...

Read more

2021 Market Recap

Thursday, January 06, 2022 Lauren Bunting

2021 was another banner year in real estate that ended very strong—here’s an “at a glance” recap of some of the various market stats.The average sales prices varied monthly throughout the year, but September ...

Read more

October 2021 Market Analysis

Thursday, November 18, 2021 Lauren Bunting

Maryland REALTORS® just released real estate statistics information from the October 2021 housing market analysis. The market continued its monthly trend of a decrease in units sold, down 8,665 in 2021, ...

Read more

Insurance Policies For Your Condominium

Thursday, October 14, 2021 Lauren Bunting

Condominium associations provide master policy insurance coverage, but a master policy usually covers only the building’s exterior and common areas. To have coverage for what is inside your condo unit, ...

Read more

Protect yourself from termites while buying a home

Thursday, September 30, 2021 Lauren Bunting

All homebuyersknow they should get a home inspection, but a common misconception is that yourhome inspector will also cover inspecting for termites. While home inspectorsmake a notation in the home inspection ...

Read more

Mortgage requirements on second homes now stricter

Thursday, September 02, 2021 Lauren Bunting

Second home mortgage requirements are a bit stricter than first home loans, and a bit stricter than in years past with some new guidelines coming into effect this year. Fannie Mae and Freddie Mac ...

Read more

RCI survey vital to realty trend assessments

Thursday, August 19, 2021 Lauren Bunting

The National Association of REALTORS®  publishes a monthlyREALTORS® Confidence Index (RCI) survey. The survey gathers on-the-ground information from REALTORS® based on their real estate ...

Read more

Debt-to-income vital for down payments

Thursday, August 05, 2021 Lauren Bunting

Most buyers know they need to save for both a down payment and closing cost money. Buyers also need to pay down their debt to be sure their debt-to-income ratios are under the various thresholds for USDA, ...

Read more

Property insurance different from home warranty option

Thursday, July 29, 2021 Lauren Bunting

A home warranty is different from a homeowner insurance policy. Homeowners insurance policies cover things that “might” happen, such as theft, fire, storms/floods. But, home warranty plans cover things ...

Read more

'Coming Soon' status means no more than three weeks

Thursday, July 08, 2021 Lauren Bunting

There are a few options in our local multiple list system (MLS) for letting the public know about a property for sale. These different statuses can become confusing as they are disseminated across the ...

Read more

June named national homeownership month

Thursday, June 10, 2021 Lauren Bunting

June, 2021 was proclaimed National Homeownership Month by President Joe Biden. The White House issued a news release statement from President Biden stating, “We also know that people of color continue ...

Read more

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. The article last week detailed using appraisal waivers, but additional ...

Read more

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. One tactic that carries a lot of weight with sellers is waiving your appraisal contingency. But not every ...

Read more

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 ...

Read more

Worcester County following Md. Forest Conservation Act

Thursday, February 25, 2021 Lauren Bunting

The Worcester County Forest Conservation Law was enacted under the Maryland Forest Conservation Act of 1991, requiring all county governments to adopt local forest conservation programs. The purpose of ...

Read more

Cost effective home staging tips

Thursday, February 18, 2021 Lauren Bunting

The saying “a picture is worth a thousand words” is especially true in selling a home in today’s world, where practically all house shoppers start their search online.  Staging a home properly ...

Read more

Real estate market closes strong despite 2020 chaos

Thursday, January 07, 2021 Lauren Bunting

The year 2020 in real estate ended very strong. Here’s an “at a glance” recap of some of the various market stats.• The average sales prices varied monthly throughout the year, but June had the highest ...

Read more

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 ...

Read more

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 ...

Read more

Undersupply of homes sets up bidding wars

Thursday, October 29, 2020 Lauren Bunting

With two months left in this bizarre 2020, and the continuation of a very strong sellers market, many buyers are asking what impact continued economic uncertainty could have on home prices and will they ...

Read more

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.So, if you don’t have all of the cash funds readily available already in a banking ...

Read more

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.They surveyed about 1,000 people nationwide on how they feel about their ...

Read more

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.But, sellers need to remember that the home will still need to appraise adequately if the buyer is ...

Read more

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 ...

Read more

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.”The following are do’s and don’t’s for sellers when listing their house for sale to ensure the least amount ...

Read more

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.In addition to purchasing flood insurance, ...

Read more

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 both ...

Read more

Financial incentives available

Friday, June 26, 2020 Lauren Bunting

Are you looking to buy a home in Wicomico County? The Maryland Department of Housing and Community Development, in partnership with Wicomico County, is providing attractive financial incentives to help ...

Read more

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.It’s important to pay attention to contract details to be sure that verbal agreements ...

Read more

Appraisal of home important part of real estate process

Thursday, June 11, 2020 Lauren Bunting

The appraisal of a home is an important step in the real estate process, one that can certainly make or break a deal.An appraisal is a valuation of a property done by a professional, licensed individual ...

Read more

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.With some ...

Read more

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 if you have been considering ...

Read more

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 finalizingnew Federal Housing Administration condominium loan policies. ...

Read more

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 PropertyArticle, Annotated Code of Maryland provides that, ...

Read more

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 CumulativeDays on Market (CDOM). The DOM provides a look ...

Read more

LWB Real Estate Report: Market Update

Monday, August 27, 2018 Lauren Bunting

Residential home prices rose in June compared to the same period of 2017, according to Maryland REALTORS. Average home prices rose by 2.9 percent forthe fifth month in a row, while median prices increased ...

Read more

LWB Real Estate Report: Millennials

Thursday, July 19, 2018 Lauren Bunting

Real Estate Report: Millennials, age 18 to 35, are now the largest group of homebuyers, according to the National Association of Realtors. With this in mind, it’s importantto know what it is they are ...

Read more

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 Marylandand Delaware. In total, the new ...

Read more

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 raiserates twice more in 2018—homebuyers ...

Read more

LWB Real Estate Report: 2018 Legislative Priorities

Tuesday, February 06, 2018 Lauren Bunting

The Maryland Realtors® released their 2018 Legislative Priorities list for Realtors throughout the state to be aware ofthe key legislation being considered that will affect the real estate industry. Here ...

Read more

LWB Real Estate Report: Ocean Pines & USDA Loan Issue

Thursday, January 25, 2018 Lauren Bunting

An important affordable loan product for the Ocean Pines area is in jeopardy—the 100% financing USDA loan. The U.S. Department of AgricultureRural Development Maryland/Delaware State Office has ...

Read more

LWB Real Estate Report: Worcester County Market in 2017

Tuesday, December 26, 2017 Lauren Bunting

With another strong year in real estate coming to a close, let’s take a closer look at our local area to see where the numbers stacked up for 2017 sales.The Maryland Association of REALTORS (MAR), releases ...

Read more

LWB Real Estate Report: Importance of Home Scents

Friday, December 01, 2017 Lauren Bunting

Smells are an important factor when listing your home for sale, right up there with the visual presentation of a home. Top smells to check for are:garbage, pet smells, mold, body odor and tobacco.When ...

Read more

Like-kind swaps have important tax implications

Tuesday, August 25, 2015 Lauren Bunting

The National Association of Realtors (NAR) conducted a survey that shows real estate like-kind exchanges are an important vehicle for disposing of andacquiring properties and support the nation's financial ...

Read more

Real Estate in the New Year

Tuesday, January 04, 2011 Lauren Bunting

As we say goodbye to 2010, it's time to look into this new year with rose colored glasses, but let's temper that optimism with some reality mixed in. In2010, some of our beach markets saw foreclosure ...

Read more

Recently Joined Habitat for Humanity of Worcester County as a Board Member

Sunday, August 01, 2010 Lauren Bunting

I'm proud to announce that I've increased my activities with our local Habitat for Humanity and was invited to join their Board of Directors. I've been working with HFH for over a year now, mostly helping ...

Read more

Short Sale and Foreclosure Resource Certification Obtained

Tuesday, February 23, 2010 Lauren Bunting

I've just received my SFR designation, which stands for Short Sale and Foreclosure Resource. This is a nationally recognized Short Sales and ForeclosureResource certification. The National Association ...

Read more

Recent Posts

Tags

Archive

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.

Brenda Burbage

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

Amanda Hanke and 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 achieve our goal of homeownership.

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

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. We appreciate all you do!

Mike and Patty Locke

Lauren's extensive knowledge of the local real estate market proved to be invaluable during the purchase of our first home.

Allison Shockley and Patrick Molloy

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

Lauren went through tremendous lengths to look out for us every step of the way all the way to the very end. If you are in need of a real estate agent who will treat your transaction as if it were their own and provide you with nothing less than A+ service you will be in good hands with Lauren.

Shireen and Mark Ambush

We were referred to Lauren by a good friend, and we couldn’t have been placed in better hands. Lauren went above and beyond in every way, throughout the entire process.

Liz Young

Lauren Bunting was our realtor when we recently sold two homes- one in Maryland and the other one in Delaware. To say we were very satisfied with all she did for us is an understatement!

Janet and Bruce Lathbury

MLS Disclaimer


Top
Contact Me
Realtor logo   Equal Housing Opportunity logo