Susan Thompson-Solomons's Blog

As we approach the last month in the first half of 2023, here is a snapshot of Saint Mary's County Real Estate prices. There is positive news in Saint Mary's County pricing, with median prices reflecting increases. The median sales price is a particularly meaningful benchmark, as opposed to avera...

As we approach the last month in the first half of 2023, here is a snapshot of Calvert County Real Estate prices.May 2023 median sales price - $419,000April 2023 median sales price - $425,000January 2022-December 2022 median sales - $420,000May 2022 median sales price - $435,000 May 2023 average ...

When there is financing for a contract, there will more than likely be an appraisal required by the lender. Contracts in 2020, 2021, and early 2022 may have had addenda where buyers agreed to make up the differences due to buyers agreeing to prices higher than asking should the home not appraise....

Solomons, Maryland continues to be a popular weekend destination, as well as a great second home and retirement option. The most recent addition to this charming waterfront village provides opportunity to explore Solomons by water on a fun tiki boat.The tiki boat accommodates up to six people whe...

Staging a home for sale is an important tool to increase buyer interest, greatly helping a buyer to visualize the house as their “home”. To totally stage a home may not be a possibility for some sales, but there are instances where virtual staging is a great option.Virtually staging a home can be...

As the summer market approaches, buyers may be looking at the possibility of a waterfront home purchase. Southern Maryland waterfront presents a number of options for buyers to fit a variety of lifestyles. One of the major attractions for buyers to Southern Maryland waterfront properties is proxi...

As with any home sale, sellers should select an agent that is knowledgeable about their community, however, knowledge of condo and homeowners associations and community amenities is very important to a successful sale where applicable.Buyers will likely have many questions that the listing agent ...

We recently found evidence of mice having a snack fest in our pantry which resulted in a call to our pest control professional.  When he came to assess the situation, he also checked for other potential pest issues and wouldn't you know it when checking outside for potential areas the mice were g...

Bright MLS has a feature that tracks the Home Demand Index (HDI) per zip code in Calvert County. The Calvert County HDI for January 2023 is 75, falling in the "slow" range. While the "slow" characterization is not surprising given how the real estate market in general is being reported, as well a...

The current real estate market is shifting back to a more balanced market. Consumers are hearing the current market described as “returning to a normal market”. I believe a better characterization to be a more balanced market. My primary reason for saying that is that a more normal market would b...