February’s Cecil County market statistics were just released from my mls today. This report is released on the 10th of every month for the previous month. I will post the results here. Here they are for February and January.
Cecil County Market Statistics
Filed under: Market Statistics on March 10th, 2008 | 5 Comments »
In part one I discussed the S&P Case Shiller home price index and in part two I discussed the OFHEO (Office of Federal Housing Enterprise Oversight) home price index report. Today I am going to discuss the Radar Logic Daily Index. This report breaks down the price paid for homes by square footage. They use [...]
Filed under: Market Statistics on March 9th, 2008 | 2 Comments »
Good news! The new FHA loan limits were just released today. The new FHA loan limit for Cecil County homes is $420,000 the old limit was $292,685. The new FHA loan limit for Harford County homes is $560,000 the old limit was $362,790. This is great news for anyone looking to buy a Cecil County [...]
Filed under: Mortgage info on March 6th, 2008 | No Comments »
Letters were sent in the beginning of February to 5,000 Fort Monmouth employees in an attempt to get them to voluntarily move to Maryland in the summer of 2008. According to Maj. Gen. Dennis Via the plan is to transfer 340 positions to Maryland this summer, 600 in 2009, 220 in 2010 and the rest [...]
Filed under: BRAC on March 6th, 2008 | No Comments »
I came across this video on cnbc and thought I would share.
http://www.cnbc.com/id/15840232?video=671479469
It’s called home value psychology and says only 16% of the people surveyed thought the economy was good and 17% think their home values will decrease. They say declines in home prices go hand in hand with negative views. I say the glass is half full.
I also [...]
Filed under: Market Statistics on March 5th, 2008 | No Comments »
In my last post I discussed the S&P Case Shiller home price index report. In this post I am going to discuss the OFHEO (Office of Federal Housing Enterprise Oversight) home price index report. The OFHEO report also uses repeat sales of single family homes. The differences are that it also uses refinances and only uses [...]
Filed under: Market Statistics on March 5th, 2008 | 2 Comments »
I am going to discuss the different home price index reports for real estate. A home price index report measures the price of houses. The four reports I am going to discuss are The S&P Case Shiller, OFHEO’s (Office of Federal Housing Enterprise Oversight), Radar Logic and what I’ll call the local report based on data [...]
Filed under: Market Statistics on March 3rd, 2008 | 4 Comments »
I just returned from a weekend get away to Deep Creek lake and am catching up on my real estate news. I came across this article on cnn money and thought I would post it. It was posted March 1st.
Say good-bye to granite countertops
It pretty much touches on what I said in my last blog [...]
Filed under: Sellers on March 3rd, 2008 | No Comments »