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Renting Now Costs More than Buying

January 29, 2013 by bciment Leave a Comment

The graph above depicts Monthly Rent Costs versus Monthly Mortgage Payments over recent years.We see the beginnings of recovery for the housing market. The demand for rentals has exploded so that renting is still more expensive than buying a home.  See "The After Math Of the Housing Bubble" by David Kelly, J.P. Morgan. Fallen home prices in Silver Spring coupled with historically low interest Continue Reading

Sales Volume Surging for Season

December 6, 2012 by bciment Leave a Comment

November real estate data are almost all settled down in Montgomery County (it usually takes until the 9th of each month) but, some things are already clear. The volume of units sold for November 2012 was up a healthy 20.45% over Nov 2011! As more data come in, that can only raise that volume of sales percentage. While sales prices were up 4.84% and only minor changes are likely in that number Continue Reading

Don’t Lose Your Homestead Tax Credit

November 20, 2012 by bciment Leave a Comment

ACT NOW!! DECEMBER 31, 2012 is the deadline for filing your Application for Homestead Tax Credit. It does not matter whether you have owned your house one year or twenty years. An application must be filed by the end of the calendar year. If your application is already on file and approved, you DO NOT need to reapply. It only takes a minute to check to see if you have filed and if you are Continue Reading

Still a Buyer’s Market in Silver Spring

October 16, 2012 by bciment

I have been back from my trip for a week and very excited to get back to work. First, I want to review the current market in a month-to-month (September 2011-to September 2012) comparison for Montgomery County. My personal reports that I use for my newsletters shows some interesting results: 1) Active Listings were down significantly from 3,249 in 2011 versus 2,334 in 2012, a 16.4% drop. 2) Continue Reading

Wall Street Journal, “Home Prices Climb as Supply Dwindles” Is it So?

August 8, 2012 by bciment

"Prices rose by 2.5% in June from a year ago, and by 6% from the previous quarter" By comparison, in Montgomery County sold prices, were up 4.53% in the second quarter of '12 compared to the same period in '11 and up 2.38% in June of this ... year versus last year. This is really very comparable results. But, is it cause for such a large bold headline? Unfortunately, I don't think so. Actually, Continue Reading

Buyers Are Writing Contracts at a Fast Pace!

March 3, 2012 by bciment Leave a Comment

As a Buyer Agent, I am exhausted/happy to report that I haven't been this busy in months! I have eleven active buyers working with me now....and, in the past 2 weeks, five have written offers and are now under contract! I am also keeping track of potential buyers who "dropped out" of the market during the slow fall and winter....I want them to know that with interest rates at all-time lows and Continue Reading

My Market is Red Hot: 7 of My Listings Just Went Under Contract

March 2, 2012 by bciment Leave a Comment

The market has taken off after a very slow December and January. My listings are getting lots of showings and contracts. This past week was probably the most hectic week I have had in over the past 5 years. I personally handled negotiations on 7 properties that resulted in a change of status. My homes are priced competitively by realistic owners. I invest lots of time and resources to advertise my Continue Reading

Realistic Pricing Achieves a Quicker and Higher Return

January 25, 2012 by bciment Leave a Comment

Average Sold Price versus the Original List Price (OLP) tends to fall the longer it takes to sell. The graphs below for Montgomery County in 2011 show that homes that were on the market (Days on Market) from 181-360 days (teal color) sold on average below 90% of original asking price. While homes that were on the market (Days on Market) from 61-90 days (yellow color) sold on average at or Continue Reading

Washington, D.C. Metro Area – Lowest Inventory Level since August 2005

January 12, 2012 by bciment Leave a Comment

https://www.rbintel.com/sites/default/files/2011-12DC-RBIPHSI-FINAL_0.pdf   Continue Reading

Average Sale Price Montgomery County v Zips 20901 -02

January 12, 2012 by bciment Leave a Comment

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Barbara Ciment

Barbara Ciment

Maryland REALTOR®
(301) 346-9126
Listing Alerts Your Home's Value

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