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July 2024 Real Estate Market Update for Anne Arundel County
Welcome to the July 2024 Real Estate Market Update for Anne Arundel County, Maryland. As your local real estate expert, I’m here to provide you with the latest market insights, trends, and key statistics to help you stay informed and make the best real estate decisions. Let’s dive into the numbers.
Housing Inventory
The current inventory in Anne Arundel County shows 632 active listings, which is a 6% decrease from last year. Here’s a breakdown of the inventory status:
• Active Listings: 632
• Under Contract: 1029
• Coming Soon: 120
Properties in the "Coming Soon" status are expected to be available within the next 21 days, adding more options for prospective buyers in the near future.
Interest Rates
The average interest rate for a 30-year fixed mortgage is currently at 7.08%, which has seen an increase of 8 basis points over the past week. The fluctuations in interest rates are influenced by various factors, including central bank policies, fiscal policies, and inflation rates.
Home Values
The median sales price for homes sold last month in Anne Arundel County is $503,475, marking a 1% increase from last year’s median price of $498,890. This steady rise in home values reflects the strong demand and limited supply in the market.
Days on Market
The median days on market for properties in Anne Arundel County vary by type:
• Detached Homes: 6
• Townhomes: 5
• Condos: 5
These figures indicate how quickly properties are selling, which is an essential metric for both buyers and sellers to consider.
Market Trends
In summary, the Anne Arundel County real estate market remains competitive with low inventory levels, rising home prices, and fluctuating interest rates. Buyers should be prepared for a competitive market, and sellers can take advantage of the increasing home values.
Stay tuned for next month’s update, and feel free to reach out if you have any questions or need assistance with your real estate needs.
Real Creative Group of Douglas Realty
James Bowerman - 664056
Direct: 410-971-8004
Office: 410-255-3690
RealCreativeGroup.com
Find us on Google: g.page/RealCreativeGroup
มุมมอง: 635

วีดีโอ

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ความคิดเห็น

  • @SAINT_SaMS_fan
    @SAINT_SaMS_fan 19 วันที่ผ่านมา

    Northeast middle school is not a very pleasant school

  • @SAINT_SaMS_fan
    @SAINT_SaMS_fan 19 วันที่ผ่านมา

    Uhhhh if this was 2 years ago then I would have been already living there

  • @derrickcash7554
    @derrickcash7554 21 วันที่ผ่านมา

    Thank you I’m going fishing there tomorrow 😁

  • @SapphireSeasOutreach
    @SapphireSeasOutreach หลายเดือนก่อน

    Lauers is def 🔥

  • @TiagoBentoRealEstatePortugal
    @TiagoBentoRealEstatePortugal 2 หลายเดือนก่อน

    Love it ❤🎉 I've been doing vr tours for a while they are awesome customers love them too , easy to do yourself if you buy the right equiptment (360 camera) or phone with a lil rotating tripod attachment attatchment... we use nodalview but plenty of diy options.... Highly reccomend

  • @joris1607
    @joris1607 2 หลายเดือนก่อน

    At the bottom of the search result page, what is the difference between "Homestead Application Status" and "Homeowner's Tax Credit Application Status?" Thank You!

  • @SUPTO555
    @SUPTO555 3 หลายเดือนก่อน

    Are you worried about why your videos are not getting more views?

  • @christinastevenson2563
    @christinastevenson2563 3 หลายเดือนก่อน

    I met Joe about 5 years ago when I first started working Interworld Cleaning. I knew nothing about what was involved in that kind of cleaning other than cleaning them myself with a standard machine. Joe invited me to oversee and help on a job to understand what was all involved, how to quote, what questions to ask and took the time to walk me through every step. The Carpet Sanitizers have subcontracted with us for years and I recommend them and use this company anytime we have inquiries that come in. And I can't thank Joe enough for everything he does. You can't go wrong with Carpet Sanitizers.

  • @davitavagyan1851
    @davitavagyan1851 3 หลายเดือนก่อน

    is there similar option for rental property?

  • @sunsetatshabooms4558
    @sunsetatshabooms4558 3 หลายเดือนก่อน

    Price?

  • @francoisefuentes6626
    @francoisefuentes6626 4 หลายเดือนก่อน

    I just got off the phone with them and for my county it is over 5%

  • @mavericksdad050
    @mavericksdad050 4 หลายเดือนก่อน

    Awesome episode. Listened to this in my car on my way to and from my salon suite in Annapolis. Thanks for the incredible insight. Looking to open my own shop sometime soon. I know Nadia and have heard great things about Brice’s Barbershop. -Henry Polo

    • @RealCreativeGroup
      @RealCreativeGroup 3 หลายเดือนก่อน

      Thanks for listening and I’m glad you enjoyed it. Best of luck on your own shop!

  • @sherbear861
    @sherbear861 4 หลายเดือนก่อน

    i am in there some where and love it here

  • @sherbear861
    @sherbear861 4 หลายเดือนก่อน

    geresbecks is my go-to plus it is closest to and green valley is next best and also closest to me and it is next to taco bell

  • @teresasnamesake4784
    @teresasnamesake4784 4 หลายเดือนก่อน

    Thank you for sharing this wonderful testimony.

  • @sheilahbeschorner5309
    @sheilahbeschorner5309 4 หลายเดือนก่อน

    *promo sm*

  • @nood1ez
    @nood1ez 5 หลายเดือนก่อน

    just to confirm, i cant apply until i have lived in my home for a year? how come my title agent told me to apply as soon as possible?

    • @RealCreativeGroup
      @RealCreativeGroup 5 หลายเดือนก่อน

      You can apply sooner, but the benefits won't kick in until after you've lived in the home for a full year. Applying as soon as possible just means that there's more time for human error when being processed.

    • @nood1ez
      @nood1ez 5 หลายเดือนก่อน

      @@RealCreativeGroup thank you!! Follow up question, i found my property online but its still listed under the previous owner, how long does it take to update? I have moved in for about 1 month now. I cant apply because there is already an application in the system from the previous owner.

    • @RealCreativeGroup
      @RealCreativeGroup 5 หลายเดือนก่อน

      @@nood1ez this is common. It will take some time for your deed to be recorded but should be updated soon if you’ve been there a month.

    • @nood1ez
      @nood1ez 5 หลายเดือนก่อน

      @@RealCreativeGroup ok thank you so much!!

  • @fredmo3584
    @fredmo3584 5 หลายเดือนก่อน

    I BOUGHT A SNAP-ON TOLL BOX TROUGH SNAP ON , I RETURNED IT BRAND NEW THE BOX COST 5,000. AS A RESULT THEY CHARGED ME 1,000 AFTER REPO FEE SOMETHING I DONT UNDERSTAND WHY I HAVE TO PAY AFTER RETURNING A BRAND NEW ITEM WITHIN THE MONTH . BUT THEY CHANGED THE RETURN TIME THAT I RETURNED IT TO GET REPO CREDIT . NOW THEY CHARGING ME A BILL OF $ 2,000 . ITS OUTRAGEOUS HOW SNAP ON TOOLS STEALS FROM PEOPLE AND MESSES THEIR CREDIT EVERY YEAR . THE GIRL MELISSA SACHSEL EVEN TOLD ME YOU WILL CONTINUE TO INCREASE 😮 WHAT KIND OF STEAL ROBBERY IS THIS I CAN BELIVE IT MY SELF , THE GOVERNMENT NEEDS TO PROTECT US FROM THIS PEOPLE WHO WILL DO ANYTHING TO HARM YOUR CREDITS SPECIALLY TO MINORITIES !

  • @RobotMowerTricks
    @RobotMowerTricks 5 หลายเดือนก่อน

    Great interview!

  • @DanBelsky_Health_Money_Love
    @DanBelsky_Health_Money_Love 6 หลายเดือนก่อน

    Love your video energy❤and entrepreneurial insights, I would love to cantact you in the near future to do an interview and see how we can both profit from this entrepreneurship. Thanks. Dan Belsky

  • @premsaifoundationtransform8090
    @premsaifoundationtransform8090 6 หลายเดือนก่อน

    Patel Brothers, Walmart, BJ's & Costco are also nearer & nice grocery stores & 2 of them are wholesaler too

  • @FatheroffiveMrDad
    @FatheroffiveMrDad 6 หลายเดือนก่อน

    I know this video is 2 years old. I was surprised when I saw a video about snow sledding hills in Pasadena, that's great. I think we got enough snow to try it out tomorrow with our 5 and 3 yr old, thanks 👍

  • @randymixter7432
    @randymixter7432 6 หลายเดือนก่อน

    I've been to several of your top 9 carry-outs, and I agree with those selected. I will try to check out the others. Thankfully, Bella Napoli is just down the street from my house and I go there often. The wife and I are still concerned about their new ownership, but we had carry-out Chicken Cacciatore from there last night and it was excellent. Lastly, I'd add Plaza Garibaldi Mexican Restaurant. Though technically an eat-in restaurant, we get carry-out from there often and they never disappoint.

  • @randymixter7432
    @randymixter7432 6 หลายเดือนก่อน

    With the recent new ownership of Bella Napoli, in my opinion, their pizzas aren't as good as in the past.

  • @djallen16
    @djallen16 6 หลายเดือนก่อน

    Great video, thanks

  • @erisd8452
    @erisd8452 6 หลายเดือนก่อน

    What is ‘Immersive Web Experience’ shown on the headset towards the end of the video?

  • @RonaldBrown59
    @RonaldBrown59 7 หลายเดือนก่อน

    Beautiful drone footage of OCMD. I used to go there regularly when I was younger, and I always had a good time. I'm older now I but I got a chance to visit a few years ago, I also fly drones and I was able to get some nice footage as well. Great video, I really enjoyed it. Thanks for sharing.

  • @kevinmatulonis
    @kevinmatulonis 7 หลายเดือนก่อน

    Hillbilly junk

  • @venusdyk637
    @venusdyk637 7 หลายเดือนก่อน

    I want to see the property with my VR glasses, how can I see it?

    • @RealCreativeGroup
      @RealCreativeGroup 7 หลายเดือนก่อน

      There is a link to the property in the description, but you'll have to navigate there using the web browser in your VR headset. It may be easier to go to somewhere like Compass.com and then search for homes in an area of interest. If the property has a Virtual Tour, then you'll be able to enter VR to experience it in 360 degrees.

  • @pphfriend
    @pphfriend 8 หลายเดือนก่อน

    This is great, thanks for putting it together!

  • @2001pontiacta
    @2001pontiacta 9 หลายเดือนก่อน

    Very beautiful video! I’ve been vacationing in OCMD for over 15 yrs. Absolutely my favorite vacation spot! Would love to have a place one day very very close to OCMD. I’m glad the music was on the low side so that you could hear the waves hitting the beach and the seagulls, I think If the music was any louder it would take away from the video. Very well done! Made me miss OCMD! Even though I will be down a for days during Thanksgiving week.

    • @RealCreativeGroup
      @RealCreativeGroup 7 หลายเดือนก่อน

      Thank you! I've been going there since I was a kid myself.

  • @Sinq-gf9cy
    @Sinq-gf9cy 9 หลายเดือนก่อน

    good stuff but that intro way too long... gotta get to the point faster.

  • @matthewbusanic9617
    @matthewbusanic9617 9 หลายเดือนก่อน

    Amazing!

  • @lancetrippett4398
    @lancetrippett4398 10 หลายเดือนก่อน

    Keep making market updates!

  • @wilmeaux12
    @wilmeaux12 10 หลายเดือนก่อน

    No, thank you. Far too isolated.

  • @-ITH
    @-ITH 11 หลายเดือนก่อน

    Ah yes, a bunch of private property labeled as a beach. Embarrassing.

  • @janicejones8046
    @janicejones8046 ปีที่แล้ว

    I live in a condo. I received Homestead Credit for my city only with no county credit. My neighbor has the exact same unit type that is accessed the exact amount as my unit. He got both city and county Homestead Credit. Why would he get it and I don't. Both of us are single owners.

  • @lajamur1
    @lajamur1 ปีที่แล้ว

    I missed the May deadline, and applied a few days ago. So the credit was not applied in the Tax statement I got for 2023. Is there any way to get a refund after the application is approved.

    • @RealCreativeGroup
      @RealCreativeGroup ปีที่แล้ว

      My assumption would be that if you missed the deadline, they won't roll it back, but you can email the Homestead unit at sdat.homestead@maryland.gov or call 410-767-2165 to see if they can give you an answer.

  • @user-mc1gt4cg1i
    @user-mc1gt4cg1i ปีที่แล้ว

    Thanks for your video! My SDAT record "Homestead Application Status: Application received". But, it does not say 'Approved'. I noticed my neighbors' records say 'Approved' with a date. I applied many years ago and have always believed that I was 'approved'. After watching your video and comparing my record to my neighbors, I am unsure. What should I do? Please and Thank YOU for your time.

    • @RealCreativeGroup
      @RealCreativeGroup ปีที่แล้ว

      I would email the Homestead unit at sdat.homestead@maryland.gov or call 410-767-2165 to see if they can give you an update.

  • @kittykeswik3314
    @kittykeswik3314 ปีที่แล้ว

    Love this place. It makes me feel like I'm a kid again, and the ice cream is still so delicious

  • @jamiefrock7765
    @jamiefrock7765 ปีที่แล้ว

    Gd video man I live in md I appreciate it

  • @cmanweavster8357
    @cmanweavster8357 ปีที่แล้ว

    No way would i agree to a HOA, but to each their own

  • @Cmp5911
    @Cmp5911 ปีที่แล้ว

    Love my hood

  • @sarahmelchor
    @sarahmelchor ปีที่แล้ว

    They have the smallest lots for those houses

  • @yvonnegreen2062
    @yvonnegreen2062 ปีที่แล้ว

    Can you give me a step by step way to see what my property tax would be. I have been in this house since 1989 or 1999.

    • @RealCreativeGroup
      @RealCreativeGroup ปีที่แล้ว

      You need to go here and follow the steps: sdat.dat.maryland.gov/RealProperty/Pages/default.aspx

    • @RealCreativeGroup
      @RealCreativeGroup ปีที่แล้ว

      Assuming you live in Anne Arundel County MD.

  • @PotBotorg
    @PotBotorg ปีที่แล้ว

    The biggest housing price crash of all time is coming... Dwarfing the hiccup of 2008.....

    • @RealCreativeGroup
      @RealCreativeGroup ปีที่แล้ว

      What do you think is going to cause a housing crash?

  • @AnonymousPerson0182
    @AnonymousPerson0182 ปีที่แล้ว

    Until these prices come down, this market is a joke. I don’t know why anyone would buy in this market and have a mortgage payment that breaks them.

    • @RealCreativeGroup
      @RealCreativeGroup ปีที่แล้ว

      The reason people are buying in this market is because they have to, and they can afford it. Variable rate mortgages broke people in 2008 and contributed to the crash, but buyers today are getting fixed rate mortgages and have to go through a thorough qualification process. No one should be getting a mortgage they can't afford.

  • @kimichibimpap2375
    @kimichibimpap2375 ปีที่แล้ว

    Once you apply and send paper application are you within the deadline even if they don't get to it

    • @RealCreativeGroup
      @RealCreativeGroup ปีที่แล้ว

      There is no deadline, only a waiting period before you can apply and be approved of one year. The government doesn't typically work fast, so you can check your status online or give them a call.

    • @kimichibimpap2375
      @kimichibimpap2375 ปีที่แล้ว

      @@RealCreativeGroup Thank you

    • @francoisefuentes6626
      @francoisefuentes6626 4 หลายเดือนก่อน

      @@kimichibimpap2375 I was told deadline is May 1st

  • @user-nr5eh6ir4l
    @user-nr5eh6ir4l ปีที่แล้ว

    I have lived in my house for 52 years, do I still need to apply for this credit or is it automatic?

    • @RealCreativeGroup
      @RealCreativeGroup ปีที่แล้ว

      It's not automatic. You'll want to check the status on SDAT and make sure you're approved, if not you can apply.