Lauren Bunting Associate Broker

Lauren's Blog

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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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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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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Record-setting low interest rates benefit home buyers

Thursday, December 10, 2020 Lauren Bunting

There are so many advantages to owning your own home, and even with prices on the rise, affording a new home may be easier than you think due to continued record-setting low interest

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Water quality test important for homes with private wells

Thursday, November 26, 2020 Lauren Bunting

An important inspection for homes, especially those on a private well water supply, is the water quality test.

This test usually covers bacterial, chemical and lead testing in our area. These water tests include results on: coliform, e-coli, nitrates/nitrites, sand, turbidity, pH, chlorine, iron and lead.

It is not common to find

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Home smoke alarm requirements

Thursday, November 05, 2020 Lauren Bunting

Homeowners in the state of Maryland should be aware that as of Jan. 1, 2018, there were new residential smoke alarm requirements put into place, as per a bill passed by the Maryland

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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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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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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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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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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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Differences between down payments and closing costs

Thursday, May 28, 2020 Lauren Bunting

Some of the biggest misconceptions in buying a home are related to down payments and closing costs.

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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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Home Warranties

Friday, October 04, 2019 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 that “will” happen, such as AC isn’t cooling house down,

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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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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: 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 important to know what it is they are looking for in a home.

At the top of the millennials’ wish

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LWB Real Estate Report: Water Test Lead

Thursday, June 28, 2018 Lauren Bunting

Real Estate Report:

An important inspection for homes, especially those on a private well water supply, is the water quality test. This test usually covers bacterial, chemical and lead testing in our area. These water tests include results

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LWB Real Estate Report: Legislation Wrap Up

Tuesday, April 17, 2018 Lauren Bunting

Real Estate Article:

Maryland REALTORS recently released a brief report on 2018 Maryland legislation key issues affecting the real estate industry. REALTORS throughout the state provide advocacy and participation through legislative Calls for Action during the

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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: 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 Agriculture Rural Development Maryland/Delaware State Office has announced it is conducting a review of all areas under its

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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

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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: Rental Laws

Wednesday, March 01, 2017 Lauren Bunting

 

Due to recent state legislation, all rental dwelling units in Maryland will be required to have a carbon monoxide alarm installed within the dwelling on every level, including the basement, on or after April 1, 2018. However, like lead

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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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The Ins and Outs of a Short Sale

Thursday, April 07, 2011 Lauren Bunting

Real Estate Report: The Ins and Outs of a Short Sale

You've probably heard the term "short sale" by now—a short sale is the phrase used when a homeowner is selling their home, but the list price and/or sale price is less than what is owed on

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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