Real Estate Report

The Ocean City Today Real Estate Report with Lauren Bunting

Each week, Lauren Bunting brings you the Real Estate Report with all the latest news and real estate trends affecting Ocean City, MD and the surrounding areas in Worcester County and Coastal Delaware.

Lauren Bunting

Real Estate Report

Understanding our business by the numbers

By: OCsue on April 25th, 2014

(April 25, 2014) The National Association of Realtors provides economic, demographic, education, tenure, agency relationship and compensation information for REALTORS in its comprehensive member profile report. Here are some of the…

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Bill reinstates 50 2013 expired real estate provisions

By: OCsue on April 18th, 2014

(April 18, 2014) The National Association of Realtors issued a brief recently regarding the United States Senate Finance Committee agreement to a bipartisan bill to reinstate close to 50 tax provisions that expired at the end of 2013. As stated…

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Web site offers real estate investment starting tools

By: OCsue on April 11th, 2014

04/11/2014

Have you ever dreamed of delving into real estate investments but didn’t know how to get started? There is an online, free resource called BiggerPockets.com that offers real estate networking and information resource platforms,…

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Complaints to CFPB highest on mortgages

By: OCsue on April 4th, 2014

(April 4, 2014) The Consumer Financial Protection Bureau (CFPB) received nearly double the complaints in 2013 as it did in 2012, and its recently released consumer Response Annual Report shows that the majority of those complaints were related…

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Legislation will stop insurance hikes for some

By: OCsue on March 28th, 2014

(March 28, 2014) On March 21, President Obama signed the Homeowner Flood Insurance Affordability Act of 2014 into law. This law repeals and modifies certain provisions of the Biggert-Waters Flood Insurance Reform Act, which was enacted …

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Alternative mortgage loans made available

By: OCsue on March 21st, 2014

03/21/2014

(March 21, 2014) Many buyers are aware of both FHA 3.5 percent down loan and the USDA 100 percent financing loan. Both of these loans require upfront mortgage insurance fees as well as monthly insurance premiums that can really push…

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NAR discusses Camp Tax Reform Proposal points

By: OCsue on March 14th, 2014

03/14/2014

The National Assocation of Realtors (NAR) issued a brief entitled “Top 10 Things for Realtors to Know About the Camp Tax Reform Proposal.” The proposal was released in late February by House Ways and Means Committee Chairman…

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Facts about Camp reforms

By: OCsue on March 7th, 2014

03/07/2014

The National Association of Realtors (NAR) issued a brief entitled “Top 10 Things for Realtors to Know About the Camp Tax Reform Proposal”. The proposal was released last week by House Ways and Means Committee Chairman Dave…

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National Assoc. of Realtors give tax tips, insight

By: OCsue on February 28th, 2014

(Feb. 28, 2014) The National Association of Realtors offers tax tips and insights through its award-winning comprehensive Web site, HouseLogic.com. HouseLogic can help tax filers take advantage of the various tax benefits that come…

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Can I afford to buy house?

By: OCsue on February 21st, 2014

(Feb. 21, 2014) Most people want to own their own home—it gives a sense of security and stability. It also allows for more flexibility in personalizing and renovating your home to make it your own. Most importantly, it allows the ability to…

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FEMA to delay grandfather provision of Act

By: OCsue on February 14th, 2014

(Feb. 14, 2014) Earlier this month, the Federal Emergency Management Agency announced that President Barack Obama signed the Consolidated Appropriations Act of 2014, which will delay the grandfather provision of Biggert-Waters Reform…

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Home purchasing is a process

By: OCsue on February 7th, 2014

(Feb. 7, 2014) So you want to buy a home, but don’t know where to begin. Many prospective homebuyers call an agent to see a property before figuring out what they really want in a home and also before the other crucial first step — getting pre-qualified.…

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House must be inspected and then it is your’s

By: OCsue on January 31st, 2014

(Jan. 31, 2014) You found the house of your dreams; you make an offer, negotiate a price and sign on the dotted line. Done, right? Not really. The home inspection is another point of negotiation.

Home inspections are a buyer’s expense and usually…

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HUD’s Good Neighbor Next Door Program

By: OCsue on January 24th, 2014

(Jan. 24, 2014) While this may sound too good to be true, but it’s not—there is a program offering homes at 50 percent off the list price. It is called the Good Neighbor Next Door Program through the U.S. Department of Housing and Urban Development.…

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MAR hosts its annual Lobby Day at session

By: OCsue on January 16th, 2014

(Jan. 17, 2014) Earlier this week, the Maryland Association of Realtors (MAR) hosted its annual Realtor Lobby Day in Annapolis. Realtor Lobby Day provides a forum for real estate agents from all over the state to meet personally with state …

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NAR provides information on Reach program

By: OCsue on January 10th, 2014

(Jan. 10, 2014) The National Association of Realtors recently released information about REach, the strategic accelerator for technology startups created and managed by the NAR’s investment fund, Second Century Ventures. Applications…

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Paced and cautions return in forecast for ‘14 sales volume

By: OCsue on January 3rd, 2014

(Jan. 3, 2014)Real estate has made a paced and cautious return on Delmarva in 2013. Even though we are not showing sales price average growth to match the national average, this year has been a turning point offering a stable market, increased…

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Foreclosures dip across U.S.

By: OCsue on December 20th, 2013

(Dec. 20, 2013) RealtyTrac, the nation’s leading source for comprehensive housing data, released its U.S. Foreclosure Market Report™ for November. The report which follows foreclosure filings — default notices, scheduled …

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Lower FHA loan limits announced

By: OCsue on December 13th, 2013

(Dec. 13, 2013) The Department of Housing and Urban Development announced in early December that it will implement new FHA single-family loan limits on January 1, 2014. In Worcester and Wicomico counties, the new loan limit will be $316,250.…

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Reason to be optimistic about Maryland’s housing market

By: OCsue on December 6th, 2013

(Dec. 6, 2013) The Maryland Association of Realtors recently posted information showing there is reason to be optimistic about the near-term prospects for Maryland’s housing market.  And, although they reported that the market …

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