Homes for Sale in Nottingham | Nottingham, MD - April 2018 Home ValuesThis is a snapshot of recent sales in the Nottingham neighborhood of Nottingham, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the April 2018 full market report of homes for sale in Nottingham, Nottingham MD.Highest and Lowest Sold Homes in NottinghamIn the past 6 months, only 1 property has sold in Nottingham. It was a 3-bed, 2-bath Detached for $240,000.Nottingham Community Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (February) as compared to the 5-year March average. The market supply is 1 month, which indicates the total number of months it would take for the current inventory to sell. The average sold pri... 05/08/2018

Homes for Sale in Linhigh | Nottingham, MD - April 2018 Home ValuesThis is a snapshot of recent sales in the Linhigh neighborhood of Nottingham, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the April 2018 full market report of homes for sale in Linhigh, Nottingham MD.Highest and Lowest Sold Homes in LinhighIn the past 6 months, 0 properties have sold in Linhigh ranging from a -bed, -bath, and -half bath for $, to a -bed, -bath, and -half bath for $,.Linhigh Community Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (February) as compared to the 5-year March average. The market supply is 2 months, which indicates the total number of months it would take for the current inventory to s... 05/08/2018

Townhomes for Sale in Belmont South | Nottingham, MD - April 2018 Home ValuesThis is a snapshot of recent sales in the Belmont South neighborhood of Nottingham, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the April 2018 full market report of townhomes for sale in Belmont South, Nottingham MD.Highest and Lowest Sold Townhomes in Belmont SouthIn the past 6 months, only 1 property has sold in Belmont South. It was a 3-bed, 1-bath Townhome for $165,000.Belmont South Community Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (February) as compared to the 5-year March average. The market supply is 5 months, which indicates the total number of months it would take for the current inventor... 05/08/2018

Townhomes for Sale in Belmont | Nottingham, MD - April 2018 Home ValuesThis is a snapshot of recent sales in the Belmont neighborhood of Nottingham, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the April 2018 full market report of townhomes for sale in Belmont, Nottingham MD.Highest and Lowest Sold Townhomes in BelmontIn the past 6 months, 3 properties have sold in Belmont ranging from a 3-bed, 2-bath Townhome for $156,000 to a 3-bed, 2-bath Townhome for $175,000.Belmont Community Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (February) as compared to the 5-year March average. The market supply is 0.7 months, which indicates the total number of months it would take for the curren... 05/08/2018

It Has Paneled Walls; Nothing Else Matters The house has been completely inspected.  It passes all elements of the inspections with flying colors. There are no issues with the electrical system. The plumbing had a small leak under the bathroom sink.  This was fixed prior to the inspection.  In fact a whole new vanity was installed.  The main sewer line was examined with a camera, even though it had been replaced three years ago.  It was as clean as a whistle. The windows were recently replaced and are in perfect condition. It has a high efficiency furnace and a newer central air conditioning unit.  These are on a yearly service plan and were inspected and serviced just before the house was put on the market. The roof will be replaced with a new roof, including any new wood that may be r... 05/07/2018

Fewer Homes on the Market Means Higher Prices The number of homes on the market has continued to decrease. With fewer homes from which to choose, Buyers bid up the prices of the existing homes. In other words, it is a Seller's market. Comparing March of 2017 to March of 2018 in the Maryland Real Estate Market, shows that the number of available homes decreased by 5.3%, the average sold price increased by 5.9%, and the median sold price increased by 5.4%. This is a trend which has been taking place for close to 2 years now. If you would like to list your house, I would be glad to help. Waiting until next year, may put you into a different market, because mortgage interest rates are climbing, which will put a downward stressor on home values, since Buyers will not be able to afford as muc... 04/26/2018

Using the US Army for a Scam The Nigerian barrister scam must have gotten too old so this scam artist is trying a similar scheme with a different venue.  He is using the US Military, Syria, ISIS, the United Nations, and so on for this latest scam. He started by sending me an email about a property that I had listed but which was already sold.  I responded that it had been sold, but that I could help him to find something else. He responded with the following: "Hello Ron,Thank you very much for your quick response. I want to invest into more similar properties and I believe you are in better position to assist me achieve this. My name is Lt Hudson James, I am a lieutenant in the U.S Army in Syria working with the American troops in Syria, supporting local forces fighting ISIS. We're knoc... 04/19/2018

I Tripped Over The Virtual Coffee Table I thought that the house was vacant, but after just a few steps into the living room, I found myself stumbling to the ground as I tripped over the virtual coffee table.  Fortunately, there was a virtual sofa that broke my fall and provided for a soft landing.  A few minutes later when I was in the master bedroom, my feet were stopped dead in their tracks as I foolishly bumped right into the king sized virtual bed, but once again I was lucky to have a soft landing provided by the bed.  Next, I was in the garage and wouldn't you know it, I walked right into the virtual pick up truck and flipped right into the bed, which, again lucky for me, was made of virtual vinyl. As it turns out, I wasn't even in a house.  The whole thing was a virtual reality. ... 04/14/2018

I Help Buyers and Sellers in Baltimore's Inner Suburbs The trend had been to move further and further away from the city.  This led to longer and longer commutes and headaches resulting from heavy congested traffic before one's work day even began. This expansion may have reached its limit and a new contractionary trend may be taking place. Part of this contraction may have started with young people who were already fine with living in the city where there were plenty of jobs, schools, shopping and entertainment opportunities available all within walking or biking distance, or within a short mass transit commute.  However, as the young professionals have started families, they have looked for more space. As those who have gotten tired of long commutes and as the young families started t... 04/08/2018

An Invitation to the Game I am working with some home owners who are going to put their home on the market. They start to ask me about possible improvements. What will we get if we paint the house? What will we get if we refinish the floors? What will we get if we renovate the kitchen? What will we get if we replace the blue tub? They do not want to sell the house as a fixer upper or at a low investor price? In general it is a sound house. I show them what is on the market, under contract, and recently sold.  Since they do not want to be in the investor category, I exclude foreclosures, short sales, and fixer uppers, which all were on the low end. They start to think that they are in the middle of the pack price wise when comparing their home to those that I have presented to them. They... 03/31/2018

Homes for Sale in Nottingham, MD - March 2018 Home ValuesThis is a snapshot of recent sales in the Nottingham neighborhood of Nottingham, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the March 2018 full market report of homes for sale in Nottingham, Nottingham MD.Highest and Lowest Sold Homes in NottinghamIn the past 6 months, 24 properties have sold in Nottingham ranging from a 2-bed, 2-bath Condo for $113,400 to a 3-bed, 2.5-bath Townhome for $396,767.Nottingham Community Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (January) as compared to the 5-year February average. The market supply is 1.2 months, which indicates the total number of months it would take for the current inv... 03/24/2018

Homes for Sale in Southfld At Whitemarsh | Nottingham, MD - March 2018 Home ValuesThis is a snapshot of recent sales in the Southfld At Whitemarsh neighborhood of Nottingham, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the March 2018 full market report of homes for sale in Southfld At Whitemarsh, Nottingham MD.Highest and Lowest Sold Homes in Southfld At WhitemarshIn the past 6 months, 2 properties have sold in Southfld At Whitemarsh ranging from a 2-bed, 2-bath Condo for $150,000 to a 3-bed, 1.5-bath Townhome for $240,000.Southfld At Whitemarsh Community Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (January) as compared to the 5-year February average. The market supply is 0 mo... 03/24/2018

Homes for Sale in Ridgelys Choice | Nottingham, MD - March 2018 Home ValuesThis is a snapshot of recent sales in the Ridgelys Choice neighborhood of Nottingham, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the March 2018 full market report of homes for sale in Ridgelys Choice, Nottingham MD.Highest and Lowest Sold Homes in Ridgelys ChoiceIn the past 6 months, 0 properties have sold in Ridgelys Choice ranging from a -bed, -bath, and -half bath for $, to a -bed, -bath, and -half bath for $,.Ridgelys Choice Community Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (January) as compared to the 5-year February average. The market supply is 0.5 months, which indicates the total number of... 03/24/2018

Homes for Sale in Pinedale Woods | Nottingham, MD - March 2018 Home ValuesThis is a snapshot of recent sales in the Pinedale Woods neighborhood of Nottingham, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the March 2018 full market report of homes for sale in Pinedale Woods, Nottingham MD.Highest and Lowest Sold Homes in Pinedale WoodsIn the past 6 months, 0 properties have sold in Pinedale Woods ranging from a -bed, -bath, and -half bath for $, to a -bed, -bath, and -half bath for $,.Pinedale Woods Community Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (January) as compared to the 5-year February average. The market supply is 1 month, which indicates the total number of months i... 03/24/2018

Homes for Sale in Linhigh | Nottingham, MD - March 2018 Home ValuesThis is a snapshot of recent sales in the Linhigh neighborhood of Nottingham, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the March 2018 full market report of homes for sale in Linhigh, Nottingham MD.Highest and Lowest Sold Homes in LinhighIn the past 6 months, 0 properties have sold in Linhigh ranging from a -bed, -bath, and -half bath for $, to a -bed, -bath, and -half bath for $,.Linhigh Community Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (January) as compared to the 5-year February average. The market supply is 5 months, which indicates the total number of months it would take for the current inventory to... 03/24/2018

Townhomes for Sale in Castlemill | Nottingham, MD - March 2018 Home ValuesThis is a snapshot of recent sales in the Castlemill neighborhood of Nottingham, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the March 2018 full market report of townhomes for sale in Castlemill, Nottingham MD.Highest and Lowest Sold Townhomes in CastlemillIn the past 6 months, 0 properties have sold in Castlemill ranging from a -bed, -bath, and -half bath for $, to a -bed, -bath, and -half bath for $,.Castlemill Community Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (January) as compared to the 5-year February average. The market supply is 0 months, which indicates there are currently no homes on the mar... 03/24/2018

Townhomes for Sale in Belmont South | Nottingham, MD - March 2018 Home ValuesThis is a snapshot of recent sales in the Belmont South neighborhood of Nottingham, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the March 2018 full market report of townhomes for sale in Belmont South, Nottingham MD.Highest and Lowest Sold Townhomes in Belmont SouthIn the past 6 months, only 1 property has sold in Belmont South. It was a 3-bed, 1-bath Townhome for $165,000.Belmont South Community Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (January) as compared to the 5-year February average. The market supply is 3 months, which indicates the total number of months it would take for the current invent... 03/24/2018

Townhomes for Sale in Belmont | Nottingham, MD - March 2018 Home ValuesThis is a snapshot of recent sales in the Belmont neighborhood of Nottingham, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the March 2018 full market report of townhomes for sale in Belmont, Nottingham MD.Highest and Lowest Sold Townhomes in BelmontIn the past 6 months, only 1 property has sold in Belmont. It was a 3-bed, 2-bath Townhome for $156,000.Belmont Community Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (January) as compared to the 5-year February average. The market supply is 0.7 months, which indicates the total number of months it would take for the current inventory to sell. The average sold pric... 03/24/2018

An Estimate of an Estimate's Accuracy   Zillow provides an estimate (zestimate) of a home’s value. Zillow, also, provides an estimate of the accuracy of its zestimate for major real estate markets. For Baltimore County, their estimate of accuracy is as follows: 46.4% of their estimates are 5% or more from the actual value.27.5% of their estimates are 10% or more from the actual value.13.9% of their estimates are 20% or more from the actual value.  For Baltimore City, their estimate of accuracy is as follows: 61.7% of their estimates are 5% or more from the actual value.44.4% of their estimates are 10% or more from the actual value.31.5% of their estimates are 20% or more from the actual value.  In a market such as St. Louis, Zillow doesn’t even try to give an estimate of accuracy. Check... 03/20/2018

No Roof, No Front Wall, No Windows . . . . I've Sold Them All They say that there is a buyer for everything and I think that they are right. One house that I sold did not have a roof.  Lack of maintenance and deterioration over time allowed the roof to cave in on the house.  Of course, this eventually led to a flooded house with lots of mold.  In spite of this severe state of dilapidation, I was able to find a buyer, who renovated this home and resold it. Another house, which was a row house, was missing the front wall.  Yes, it was missing such that you could look right into the house.  This was caused primarily by the neighboring house not being maintained.  Rain water would work its way over to this house, get behind the wall, and push it outward, until eventually it had to be taken ... 03/17/2018