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 BuntingThis 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: Market Update
Monday, August 27, 2018 Lauren BuntingResidential home prices rose in June compared to the same period of 2017, according to Maryland REALTORS. Average home prices rose by 2.9 percent for the fifth month in a row, while median prices increased by 4.0 percent as
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LWB Real Estate Report: Credit Reporting Change
Monday, August 20, 2018 Lauren BuntingHomebuyers that have been struggling to raise their credit score enough to qualify for a mortgage may be in luck. Major credit reporting firms have overhauled how they handle reporting negative credit information, and this change is resulting in
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LWB Real Estate Report: Freddie Mac Rent Control
Tuesday, August 14, 2018 Lauren BuntingReal Estate Report:
Freddie Mac announced a new program aimed to help keep rents affordable for working families without any federal, state or municipal subsidy. Freddie Mac’s new Mezzanine Loan pilot provides favorable pricing and additional
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LWB Real Estate Report: Housing Opportunity Certification
Tuesday, August 07, 2018 Lauren BuntingReal Estate Report:
There are many positives that surround an improving real estate market, but there is a downside--housing costs in many areas begin to exceed the financial reach of some low-to-moderate wage earners. This is
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LWB Real Estate Report: Accessory Structure
Thursday, July 26, 2018 Lauren BuntingReal Estate Report:
In Worcester County, homeowners may utilize the zoning use called the Accessory Structure to gain additional living quarters. The purpose is to allow no more than one accessory apartment per lot of record through conversion of existing residential structures or construction of new residential facilities.
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LWB Real Estate Report: Millennials
Thursday, July 19, 2018 Lauren BuntingReal 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: Can I Afford to Buy?
Thursday, July 12, 2018 Lauren BuntingMost people want to own their own home—it gives a sense of security and stability. It also allows for more flexibility in personalizing and renovating your home to make it your own. Most importantly, it allows the ability to build wealth as your equity grows. But, can
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LWB Real Estate Report: Title Insurance
Thursday, July 05, 2018 Lauren BuntingReal Estate Report: Title Insurance
Most commonly used in the state of Maryland to protect a buyer, and ensure that title to a
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LWB Real Estate Report: Water Test Lead
Thursday, June 28, 2018 Lauren BuntingReal 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: Bright MLS
Thursday, June 21, 2018 Lauren BuntingReal 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 BuntingReal 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: Hurricane & FEMA Coverage
Thursday, June 07, 2018 Lauren BuntingIt’s June and summer is finally here. But so is the official start of hurricane season in the Atlantic. In our coastal town, most properties near the water carry flood insurance, even if the recent Federal Emergency Management Association (FEMA) maps have placed them within what’s called
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LWB Real Estate Report: Margin Loans
Thursday, May 31, 2018 Lauren BuntingReal Estate Report: Short-Term Loans to Secure a Purchase
The natural sequence in real estate for existing homeowners, such as move-up buyers or buyers looking to downsize, goes something like this: list your
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