Real Estate

Real Estate

Thinking of buying your first home? Congratulations! You’re making a very smart decision. Rents right now are unusually high, and in many cases, you could make a mortgage payment on your current house or apartment that would be cheaper than the rent check you scratch out each month (or the one that is automatically debited from your account). No matter what a stockbroker might try to tell you, residential real estate is still a good investment, and it forms the basis for a higher net worth as you age and have to start thinking about retirement.

This article is different from any one I’ve written before. It’s even different from articles where I’ve outlined the questions you should ask your agent. Why?

Friday, November 11, 2016

A Perfect Storm

Older people staying put means housing shortage and rising prices

A recent study by the National Association of Realtors (NAR) has concluded that the housing recession of 2007-10 has drastically lengthened the amount of time that home owners expect to stay in their current home. From 1985 until 2008, the length of time a seller had lived in their house held fairly steady: the median current ownership of homes listed for sale was between six and seven years.

Monday, September 19, 2016

When Should You Trust the Internet?

For many people, especially in the Millennial Generation, the Internet is the go-to reference for the DIY (Do-It-Yourself) revolution. There are, however, some subjects that are bigger than the Internet can handle, and real estate is one of them. Someone who relies only on the web can get incorrect, inaccurate – - and even illegal-in-Maryland – advice and innocently make their lives a complicated mess. So, here’s a rundown of common Internet sources of information, and the cautions you might want to implement if you use them.

Urban Lifestyles, a family-owned real estate agency with longtime community roots and history of charitable giving, has joined the national Weichert franchise network. The new office, now known as Weichert, Realtors – Urban Lifestyles, is lead by broker/co-owners Mary and Ron Zimmerman, siblings who’ve lived in the Baltimore area their entire life.

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