With average rental prices near Fort Meade MD at record highs in the $3,000 range, you might want to weigh your options for housing on your next PCS move.  In many cases, renting is less expensive up front AND in your monthly payment.  If you haven't explored using your VA loan to purchase a home, we'd love to connect to give you all your options.  Whether you're buying or renting, we want to be the team to help you find your perfect place!

Search: homes for sale near Fort Meade, MD or homes for rent near Fort Meade MD with The Roskelly Team today!

If you're thinking of selling your home near Fort Meade MD, you'll want to make sure you've got the BEST agent.  The Roskelly Team has invested heavily in the local real estate market over the past 25 years to make sure that your home is found easily and prominently in all real estate searches.  Of course that's after we've prepared your home for sale including free home staging and professional photos, floor plans, and video.  The Roskelly Team consistently outperforms market averages in both days on market and list price to sale price ration.  The two most important factors in rating an agents effectiveness.  Before you choose and agent, make sure they provide you with this information.  You can view ours here!

You’re ready to sell your house. But what do you need most from your real estate agent? Well, the National Association of Realtors (NAR) asked that very question to recent sellers and found one of the top things they were looking for is help marketing their house to potential buyers. Maybe that’s what you need the most help with too.

You expect your real estate agent to write a great description of your house for the listing and pair it with some high-quality photos. But that’s not all you’re going to get when you partner with a great agent.

They’ll do a lot more to make sure your house stands out. Here are some of the most common methods real estate agents use to market homes according to that same report from NAR (see graph below):

So, how can you benefit from your agent using these methods?

• Listing on the MLS – By listing your house on the MLS, it will get more visibility from other real estate agents and buyers. This could lead to more traffic, which could ultimately help you see an increase in offers and ultimately a better price.
• Using a Yard Sign – A yard sign catches the eye of people driving or walking by. This method drums up local interest since people who live nearby might have friends or family looking to move into the area. It also prominently displays your agent’s contact information, so interested buyers can get in touch easily.
• Having an Open House – When your agent advertises and hosts your open house, buyers see others are interested in your house, too. This competition can lead to stronger offers. An open house is also easier for you since you only need to leave once for many buyers to visit. Plus, your agent may get useful feedback on what people like or don’t like, which can help you make improvements to attract more buyers later, if needed.
• Showcasing on Your Agent’s Website – Having your house visible on your agent’s website allows for a professional presentation of your property. Additionally, people visiting your agent’s website are more likely to be serious buyers who are ready to make a move.
• Social Networking – Your real estate agent works hard to have a wide-ranging social media presence. Marketing your house this way allows them to reach a large audience. It also makes it easy for people to share your listing with friends and loved ones who might be interested.
• Providing Virtual Tours – Virtual tours are extremely convenient for buyers, especially those who are relocating from out of town. This method allows them to tour anytime, day or night. It shows your agent is using the latest technology to market your house.

There are many tools that can be used to market your house. As NerdWallet sums up:

“A good real estate agent will have a robust plan to promote your listing in an effort to find the right pool of buyers. Adding your home to databases of available homes called multiple listing services (MLS), open houses, 3D virtual tours, professional photography and broker tours for buyers’ agents (particularly for luxury homes) are all factors that may go into a marketing plan.”

As a seller, it’s smart to work with a creative local real estate agent who can maximize them to make sure you get as many eyes on your house as possible.

Bottom Line

When it comes to marketing your house, working with a local real estate agent has tons of benefits. If you’re ready to sell, but don’t know where to start, let’s chat.

Some Highlights

• The asking price for your house can impact your bottom line and how quickly it sells.
• Both under- and overpricing have drawbacks. So to find the right price for your house, lean on your agent for their expertise.
• Don’t pick just any price for your listing. Trust your real estate professional to help you find the perfect price for your house.

This beautiful two-level, end unit townhome is located in the Andover neighborhood of Randallstown and features 1,800 s.f. of living space, a main level bedroom or office, a cozy covered front porch, and a private patio.  Inside you'll find exquisite updates and upgrades throughout.  Offered for sale at $285,000, this cozy condo offers low maintenance living in grand style!

View the full listing and all photos MLS MDBC2097726

The main level welcomes you with vinyl plank flooring throughout including a spacious and sunny living room with a two-sided fireplace, a formal dining room...
     
An eat-in kitchen with pass-through window to the dining room for easy entertaining, a main level primary bedroom with walk-in closet and sliding door entry to your private patio, plus a large half bath and laundry room.
    
Upstairs, you'll find three additional bedrooms - all with walk-in closets, and two full baths including a primary bedroom with en suite bath.
    

If you'd like to tour this lovely home, give us a call at (410) 721-6694.  The Roskelly Team would love to help you make Gilly Way your new home.

Visit us online to view all Randallstown homes for sale.

EHO

Check out the latest activity of homes for sale, under contract properties, and recently sold homes in the popular Odenton community of Piney Orchard.  This neighborhood has the best amenities in Anne Arundel county and is located just 10 minutes from Fort Meade. 

Market Report

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Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs to figure out your next move.

Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondents who say it’s a good time to sell is on the rise (see graph below):

Why Are Sellers Feeling so Optimistic?

One reason why is because right now is traditionally the best time of year to sell a house. A recent article from Bankrate says:

“Late spring and early summer are generally considered the best times to sell a house. . . . While today’s rates are relatively high, low inventory is still keeping sellers in the driver’s seat in most markets.”

These are the seasons when most people move. That means buyer demand grows. And because there still aren’t enough homes for sale to meet that demand, sellers see some serious perks. According to Rocket Mortgage:

“Homes that are listed at the end of spring and the beginning of summer typically sell faster at a higher sales price.”

What Does This Mean for You?

More sellers are coming to realize conditions are ripe for a move. And that’s one reason why we’re seeing more homeowners put their homes up for sale. If you think you might want to get in on the action, it’s a good idea to start preparing.

A local real estate agent can help you get your house ready by offering advice on how best to fix it up and make it appealing to buyers in your area.

They also know if you list during the peak buying seasons of spring and early summer, you might sell quickly and for a higher price.

Bottom Line

If you list during the spring and early summer, you might sell your house quickly and for a higher price. When you’re ready to make the most of today’s seller’s market, let’s get in touch.

The market really heated up in Severn and we saw 32 properties change hands with an average days on market of 26 and an average list price of $577,000.

34 properties went under contract with an average list price of $577,000 (interesting that matched active listings too!) and 28 properties changed hands with an average days on market of 21 and an average list price of $493,000.

This activity bodes well for our Spring to Summer market and we're excited to see all the activity.

If you're planning to buy or sell a home in Severn, check out our real estate resources, including an up-to-the-minute database of homes for sale, homes for rent, and information on listing your home with a Severn real estate specialist.

There are 12 homes actively for sale in Piney Orchard right now with a rare mix of 2 single family homes.  We just don't see those a lot as the number of them is comparatively small in the neighborhood.  Prices for single family homes are closing in on a million dollars which is a tribute to the popularity of this community.

There are two single family homes under contract and one closed this month as well which again, isn't something we see often.

This activity bodes really well for our Spring to Summer market to see some substantial turnover in the neighborhood.  
 Save Market Report & Get Monthly Updates

If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign.

But while conditions are great for sellers like you, you’ll still want to be strategic when it comes time to set your asking price. That’s because pricing your house too high may actually cost you in the long run.

The Downside of Overpricing Your House

The asking price for your house sends a message to potential buyers. From the moment they see your listing, the price and the photos are what’s going to make the biggest first impression. And, if it’s priced too high, you may turn people away. As an article from U.S. News Real Estate says:

“Even in a hot market where there are more buyers than houses available for sale, buyers aren't going to pay attention to a home with an inflated asking price.”

That’s because no homebuyer wants to pay more than they have to, especially not today. Many are already feeling the pinch on their budget due to ongoing home price appreciation and today’s mortgage rates. And if they think your house is overpriced, they may write it off without even stepping foot in the front door, or simply won’t make an offer if they think it’s priced too high.

If that happens, it’s going to take longer to sell. And ideally you don’t want to have to think about doing a price drop to try to re-ignite interest in your house. Why? Some buyers will see the price cut as a red flag and wonder why the price was reduced, or they’ll think something is wrong with the house the longer it sits. As an article from Forbes explains:

“It’s not only the price of an overpriced home that turns buyers off. There’s also another negative component that kicks in. . . . if your listing just sits there and accumulates days on the market, it will not be a good look. . . . buyers won’t necessarily ask anyone what’s wrong with the home. They’ll just assume that something is indeed wrong, and will skip over the property and view more recent listings.”

Your Agent’s Role in Setting the Right Price

Instead, pricing it at or just below current market value from the start is a much better strategy. So how do you find that ideal asking price? You lean on the pros. Only an agent has the expertise needed to research and figure out the current market value for your home.

They’ll factor in the condition of your house, any upgrades you’ve made, and what other houses like yours are selling for in your area. And they’ll use all of that information to find that target number. The right price will bring in more buyers and make it more likely you’ll see multiple offers too. Plus, when homes are priced right, they still tend to sell quickly.

Bottom Line

Even though you want to bring in top dollar when you sell, setting the asking price too high may deter buyers and slow down the sales process.

Let’s connect to find the right price for your house, so we can maximize your profit and still draw in eager buyers willing to make competitive offers.

If you're buying a home near Fort Meade this year, you've probably been scouring the inventory and are seeing that it's super low and very competitive.  Homes are selling with multiple offers and it's not uncommon to see offers $30,000 & $40,000 over asking price.

Combined with today’s affordability challenges it may seem like an impossible mission. But, what if there was a solution that could help with both?

If you’re having a hard time finding a home you love, and mortgage rates are putting pressure on your budget, it may be time to look at newly built homes. Here’s why.

New Home Construction Inventory

When looking for a home, you can choose between existing homes (those that are already built and previously owned) and newly constructed ones. While the number of existing homes for sale has increased this year, there are still fewer available than there were in more typical years in the housing market, like back in 2018 or 2019.

New construction homes are at fixed pricing (plus options you choose) so there's no bidding war and there are even some spec homes, already built, just waiting for a new owner. 

And the good news is, there are more newly built homes to pick from right now. The graphs below use data from the Census to show how new home construction is ramping up in two key areas (see most recent spike in green):

That means you have more choices in communities and options now than we've had since 2020.

Builders Are Offering Incentives

What kind of incentives you ask?  Free sunrooms, discounted interest rates, allowances for the upgrades that are important to youAnd to sweeten the pot, builders are offering things like mortgage rate buy-downs and other perks for homebuyers right now. 

“Builders aren't rate locked-in. They would love to sell you the home because they're not living in it. It costs money not to sell the home. And many of the public home builders have said in their earnings calls that they are not going to be pulling back on incentives, especially the mortgage rate buydown, so that will help the new-home market continue to perform well in the spring home-buying season.”

While buying a home from a builder is different from buying from a home seller, it's still important that you have your own representation as builder contracts can be complex and you'll want a pro on your side as you navigate the build. 

Bottom Line

If you're having a hard time finding a home, make sure you're adding new construction homes into your search.  They aren't always in the MLS, so having an experienced real estate pro that knows the local communities and customary incentives will make sure that you get the best deal on your new home. Want to see the latest list of new construction homes for sale near the base?  Let's go shopping!