Despite more homes coming to the market, buyer activity remains steady in most areas of Maryland and home prices remain stable. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, October 20, 2023.

FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com

The median list price remains strong despite moving into the Fall market and contracts are up from last week. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, October 13, 2023.

FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com

Mortgage interest rates hit their highest levels in 20 years and the 10-yr Treasury hit its high since 2007. Fewer homes came to the market over the past week. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, October 6, 2023.

FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com

All areas of Maryland are showing fewer buyer showings week-over-week and are well below last year this same time. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, September 29, 2023.FOR MORE INFORMATION:

Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com

Fun fact: 47.2% of summer buyers moved within the same county and 25.9% switched counties. Buyers moving to the area from New York topped the list with Florida, California, North Carolina and Texas following. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, September 22, 2023.

FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com

Renters are now spending about 30% of their income on rent nationwide, the highest ratio for the first time in 25 years as home prices are up 30%. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, September 15, 2023.

FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com

Luxury home buyers are seeking smart homes and technology to make living easier and more convenient. Maryland has our share of luxury homes and prices vary by location. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, September 8, 2023.

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Kinetic Realty, Inc.

(443) 776-0996 Office

www.KineticRealtyInc.com

Homes available for sale in Maryland continue to decline, dropping 22.6% to 5,915 units versus last July’s figure of 7,643 units but home prices are up 4% and days on the market continue to remain law. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, September 1st, 2023.

FOR MORE INFORMATION:

Kinetic Realty, Inc.

(443) 776-0996 Office

www.KineticRealtyInc.com

First time home buyers are tired of renting and are buying homes. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, August 11, 2023.

FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com

Montgomery County has just passed an increase of the recordation tax for homes purchased that becomes effective October 1, 2023. This and more from Kimberly Barton of Kinetic Realty in this week’s Maryland Market Minute for Friday, August 11, 2023.

FOR MORE INFORMATION:Kinetic Realty, Inc.(443) 776-0996 Officewww.KineticRealtyInc.com