Charles County’s Newest Foreclosures, February 2010

February 26, 2010 by Jonbenya · Leave a Comment 

Want to know what the newest foreclosures to hit the market in Charles County? Look no further! Each week I send out foreclosure lists to clients that are looking to take advantage of some really great deals! Here’s the list of foreclosures that have hit the Charles County Market. If you’d [...]

Open Seats at Schools Mean More New Homes

Open Seats at Schools Mean More New Homes

February 9, 2010 by Jonbenya · Leave a Comment 

Earlier this month, Charles County commissioners made some changes to now require seats (or spots for students) be open at all schools and at all levels (elementary, middle, and secondary) before more new homes are allowed to be built.
According to the Independent, this ‘one seat, one residence’ rule has allowed between 138 and 144 new [...]

Is Your Rental Being Foreclosed on? Know Your Rights!

Is Your Rental Being Foreclosed on?  Know Your Rights!

February 5, 2010 by Jonbenya · Leave a Comment 

If you are a renter, chances are you are nervous about the stability of your lease in this market.  Previously, if the owner of the property was foreclosed on, the tenant would be out of luck and out on the street.  The law said that leases signed after the mortgage date would be extinguished by  [...]

Lower Appraisals Hurting Sellers

January 20, 2010 by Jonbenya · Leave a Comment 

With the influx of foreclosed and distressed properties crowding the market, it’s no wonder that sellers are up in arms about their home’s appraisal coming in thousands of dollars short of the listed price of the home.  In their eyes, and the eyes of many Realtors, it is simply not fair to compare a standard [...]

Charles County, MD Property Tax Assessments Fall 28.2%

January 6, 2010 by Jonbenya · Leave a Comment 

If you live in Waldorf or St. Charles, odds are good that you should have just gotten some good news in the mail!  New tax assessments were just released for roughly one-third of the county, mostly in Waldorf and Saint Charles, and over 99% of those assessments FELL from the previous years!
What Is a Property [...]

Custom New Construction in Southern Maryland is Affordable!

December 21, 2009 by Jonbenya · Leave a Comment 

Wanted:
Home buyer searching for a great deal a new custom home on over an acre of land!

Low Prices and interest rates make this a perfect time to build your dream home!
For many people, the idea of having their own custom home built sounds like a dream.
Fact is, having a home custom built has never [...]

The First Time Buyer Credit is Extended and includes current owners!

November 7, 2009 by Jonbenya · Leave a Comment 

Great News!  The $8,000 first time home buyer tax credit has been signed into law a few moments ago!  Instead of expiring on December 1st, 2009, it has been changed to June 30th, 2010!  You need to have a ratified contract in place by April 30th, 2010, and you have up to 60 days to [...]

Charles County Unemployment is less than 6%!!!!

November 3, 2009 by Jonbenya · Leave a Comment 

So when is the economy going to recover?  According to the Washington Post, it looks like it may already be happening here in Charles County!  In an article written this weekend in the Washington Post (Economic Rebound Seen for Charles County), Signs are good that the evidence of an improving economy is being seen [...]

Choosing a Realtor in Southern Maryland: What's The Difference?

September 3, 2009 by Jonbenya · Leave a Comment 

When it comes to marketing for home sellers in Southern Maryland, there are as many options as there are real estate agents.  By contract, the only marketing an agent is REQUIRED to do is list the home on MLS and wait for a buyer to show up.
Unfortunately, that sort of approach makes it difficult for [...]

Charles County's June 2009 Real Estate Outlook

June 22, 2009 by Jonbenya · Leave a Comment 

There’s good news in the Southern Maryland real estate market!  While we’re not out of the downturn just yet, recent changes in the market are positively affecting home sales!  Here’s what the Charles County real estate market looks like:
May 2009

2009

2008

Total Sold Dollar Volume:

$ 33,466,939

$ 33,607,138

- 0.42 %

Average Sold Price:

$ 281,235

$ 317,048

- 11.30 %

Median Sold Price:

$ [...]

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