 Some homeowners in Maryland have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time Maryland buyers have become homeowners and now have mortgage payments for the first time. These developments have caused concern that families might be reaching unsustainable levels of mortgage debt. Some are worried that we may be repeating a behavior that helped precipitate the housing crash ten years ago. Today, we want to assure everyone that this is not the case. Here is a graph created from data released by the Federal Reserve Board which shows the Household Debt Service Ratio for mortgages as a percentage of disposable personal income. The ratio is the total quarterly required mortgage payments divided by total quarterly disposable personal income. In other words, the percentage of spendable income people are using to pay their mortgage. If you are thinking of re-financing or obtaining a mortgage. Fill-out our simple on-line mortgage application now and our preferred lender will be in touch with you the same day!  Today’s ratio of 4.44% is nowhere near the ratio of 7.21% during the peak of the housing bubble and is instead at the lowest rate since 1980 (4.38%).
Bill McBride of Calculated Risk recently commented on the ratio: “The Debt Service Ratio for mortgages is near the low for the last 38 years. This ratio increased rapidly during the housing bubble and continued to increase until 2007. With falling interest rates, and less mortgage debt, the mortgage ratio has declined significantly.” Bottom Line for Maryland, Baltimore, Harford and Cecil County Home Owner's... Many Maryland families paid a heavy price because of questionable practices that led to last decade’s housing crash. It seems the American people have learned a lesson and are not repeating that same behavior regarding their mortgage debt. If you are thinking of Buying or Selling your Home in the near future. Contact Robert McArtor with Maryland Homes Team, Inc. of RE/MAX Components at 443-885-0875 or visit our WEBSITE to start your home search today! (equal housing opportunity) |
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Harford County Realtors and Real Estate Agents in Baltimore and Harford County? We are here to assist you with your Buying and Selling needs in Maryland. Here are the Communities we serve. Also, we are Realtors in Baltimore County serving the following Communities,
Does anyone know what the walking score is in Anne Arundel County or Baltimore County. We love the art scene and waterfront areas throughout the Baltimore City downtown Canton and Federal area. The home owners are nice. Everyone loves homes with rooftop decks and parking pads. Parking can be tough however you can always ride a bike or scooter to get to your favorite restaurants around the city. Homes for Sale, Cecil County, Harford County Luxury Homes for Sale, Relocating to Howard County, Baldwin, Brooklandville, Chase, Cockeysville Townhomes and Condos, Hunt Valley Luxury Homes for Sale and Sold, Ellicott City, Fork, Fort Howard, Freeland, Glen Arm, Glyndon, Hampstead, Hydes, Joppa, Kingsville, Long Green, Lutherville, Timonium, Monkton, Owings Mills, Parkton, Perry Hall, Phoenix, Randallstown, Reisterstown, Sparks, Stevenson, Upperco, Upper Falls, White Hall, White Marsh, Gwynn Oak, Pikesville, Roland Park, Sparrows Point, Middle River, Essex, Dundalk, Parkville, Nottingham, Rosedale, Towson, Aberdeen, Aberdeen Proving Ground, Abingdon, Gunpowder, Bel Air, Belcamp, Churchville, Darlington, Edgewood, Fallston, Forest Hill, Havre De Grace, Hydes, Jarrettsville, Pylesville, Street, Belair Edison, Overlea, Hamilton, Fells Point, Canton, Federal Hill Homes for Sale by Realtors Search for Homes in Baltimore city now, Northeast, Elkton, Columbia, Clarksville, Glen Burnie, Millersville, Severna Park, Arnold, Crofton
When we wanted to move and relocate out of Maryland. We began the process of Selling your Home with a Luxury Home Short Sale Realtor. I knew we had to interview a Real Estate RE/MAX Team and SEE for ourselves the Proven Results that MD Home Team could offer.
In today’s Maryland Real Estate Market, having your home in the Multiple List System is NOT enough! If you have tried selling your home fast, or have an expired listing from another agent? let me show you how to get multiple offers in less than 30 days! Whether you are facing foreclosure, considering a short-sale, or have a traditional sale. I can help sell your home FAST! Maryland Home Team
Bel Air Homes and Fallston Homes for Sell, RE/MAX Components with four offices to serve you through-out the Baltimore Metro area - Bel Air offering Bel Air home searches and real estate services. Bel Air MLS Searches for your Bel Air home. Call for your Bel Air Real Estate specialists(Fallston, Harford County & Central Maryland). Robert B. McArtor with REMAX Components - Bel Air - Real Estate in Bel Air Maryland. Marketing your home Globally, Locally, Socially. Call for your Bel Air home search. Real Estate specialists for Bel Air Maryland - REMAX Components in Fallston - Bel Air. - "Where to Search for Real Estate." Buy or Sell your Bel Air Home - Looking to sell or buy your next Harford County or Baltimore County home? Bel Air residential real estate MLS Search with http://www.SearchHARFORDHomes.com/ - Bel Air. A Bel Air Real Estate company specializing in Bel Air Home searches (Bel Air MLS Searches), Baltimore MLS Searches and Forest Hill MLS Searches. Bel Air home repair suggestions (also Fallston, Harford County and the entire Central Maryland real estate and more). Call Robert McArtor with REMAX Components at 443-392-4833 or email now robertmcartor@gmail.com for assistance. Robert McArtor can recommend a licensed Bel Air contractor for all your home improvement needs! Your search for a Real Estate Agent in Bel Air Maryland is over - call today and experience the difference! 100% Referral Driven, 100% Committed to Excellence Bel Air Home MLS Searches, also Fallston, Harford County and the entire Baltimore Metro and Central Maryland. Bel Air Real Estate Expert - Robert McArtor, offering Bel Air, Fallston and Harford County MLS Property Searches and all forms of Real Estate services that matter. Robert McArtor and the entire Maryland HOMES Team are Harford county real estate agents and is committed to delivering impeccable service for your Bel Air Home Finding needs. Our goal is to make the home search process as simple and worry-free as possible. From your first conversation, our focus is helping you find the Bel Air Home that meets your needs! We appreciate the opportunity to earn your business. Whether you want to get a new home, or get a comparative market analysis of your current Bel Air Home, our purpose is to satisfy your needs. By putting you first, We assure you a pleasurable transaction.
Are you delaying listing your Maryland home until the season begins? Many believe sales in Harford and Baltimore County and prices tend to peak in the spring and summer. However, this year is different. Jonathan Smoke, realtor.com®’s chief economist, stresses in his latest column that the conventional wisdom isn't correct this winter. Here’s why: At the beginning of 2017, inventory levels plunged to multiyear lows. Sellers are currently facing very little competition, he says. Mixed with that, buyer demand is “abnormally strong for the off-season,” Smoke writes. “The climb in interest rates that started in October and accelerated in November and December has created a sense of urgency among buyers.” With interest rates largely forecasted to move higher this year, buyers are more in a rush to lock in a low rate sooner. Plus, your sellers may have to worry about lending rates as well; Smoke estimates that 85 percent of sellers are planning to buy another home after they sell. Here’s the best tip, Smoke says: “If you are thinking of selling and buying in 2017, the early bird may get the worm. And the best new nest.” Source: National Association of Realtors®
Does anyone know what the walking score is in Anne Arundel County or Baltimore County. We love the art scene and waterfront areas throughout the Baltimore City downtown Canton and Federal area. The home owners are nice. Everyone loves homes with rooftop decks and parking pads. Parking can be tough however you can always ride a bike or scooter to get to your favorite restaurants around the city. Homes for Sale, Cecil County, Harford County Luxury Homes for Sale, Relocating to Howard County, Baldwin, Brooklandville, Chase, Cockeysville Townhomes and Condos, Hunt Valley Luxury Homes for Sale and Sold, Ellicott City, Fork, Fort Howard, Freeland, Glen Arm, Glyndon, Hampstead, Hydes, Joppa, Kingsville, Long Green, Lutherville, Timonium, Monkton, Owings Mills, Parkton, Perry Hall, Phoenix, Randallstown, Reisterstown, Sparks, Stevenson, Upperco, Upper Falls, White Hall, White Marsh, Gwynn Oak, Pikesville, Roland Park, Sparrows Point, Middle River, Essex, Dundalk, Parkville, Nottingham, Rosedale, Towson, Aberdeen, Aberdeen Proving Ground, Abingdon, Gunpowder, Bel Air, Belcamp, Churchville, Darlington, Edgewood, Fallston, Forest Hill, Havre De Grace, Hydes, Jarrettsville, Pylesville, Street, Belair Edison, Overlea, Hamilton, Fells Point, Canton, Federal Hill Homes for Sale by Realtors Search for Homes in Baltimore city now, Northeast, Elkton, Columbia, Clarksville, Glen Burnie, Millersville, Severna Park, Arnold, Crofton
When we wanted to move and relocate out of Maryland. We began the process of Selling your Home with a Luxury Home Short Sale Realtor. I knew we had to interview a Real Estate RE/MAX Team and SEE for ourselves the Proven Results that MD Home Team could offer.
In today’s Maryland Real Estate Market, having your home in the Multiple List System is NOT enough! If you have tried selling your home fast, or have an expired listing from another agent? let me show you how to get multiple offers in less than 30 days! Whether you are facing foreclosure, considering a short-sale, or have a traditional sale. I can help sell your home FAST! Maryland Home Team
Bel Air Homes and Fallston Homes for Sell, RE/MAX Components with four offices to serve you through-out the Baltimore Metro area - Bel Air offering Bel Air home searches and real estate services. Bel Air MLS Searches for your Bel Air home. Call for your Bel Air Real Estate specialists(Fallston, Harford County & Central Maryland). Robert B. McArtor with REMAX Components - Bel Air - Real Estate in Bel Air Maryland. Marketing your home Globally, Locally, Socially. Call for your Bel Air home search. Real Estate specialists for Bel Air Maryland - REMAX Components in Fallston - Bel Air. - "Where to Search for Real Estate." Buy or Sell your Bel Air Home - Looking to sell or buy your next Harford County or Baltimore County home? Bel Air residential real estate MLS Search with http://www.SearchHARFORDHomes.com/ - Bel Air. A Bel Air Real Estate company specializing in Bel Air Home searches (Bel Air MLS Searches), Baltimore MLS Searches and Forest Hill MLS Searches. Bel Air home repair suggestions (also Fallston, Harford County and the entire Central Maryland real estate and more). Call Robert McArtor with REMAX Components at 443-392-4833 or email now robertmcartor@gmail.com for assistance. Robert McArtor can recommend a licensed Bel Air contractor for all your home improvement needs! Your search for a Real Estate Agent in Bel Air Maryland is over - call today and experience the difference! 100% Referral Driven, 100% Committed to Excellence Bel Air Home MLS Searches, also Fallston, Harford County and the entire Baltimore Metro and Central Maryland. Bel Air Real Estate Expert - Robert McArtor, offering Bel Air, Fallston and Harford County MLS Property Searches and all forms of Real Estate services that matter. Robert McArtor and the entire Maryland HOMES Team are Harford county real estate agents and is committed to delivering impeccable service for your Bel Air Home Finding needs. Our goal is to make the home search process as simple and worry-free as possible. From your first conversation, our focus is helping you find the Bel Air Home that meets your needs! We appreciate the opportunity to earn your business. Whether you want to get a new home, or get a comparative market analysis of your current Bel Air Home, our purpose is to satisfy your needs. By putting you first, We assure you a pleasurable transaction.
Are you delaying listing your Maryland home until the season begins? Many believe sales in Harford and Baltimore County and prices tend to peak in the spring and summer. However, this year is different. Jonathan Smoke, realtor.com®’s chief economist, stresses in his latest column that the conventional wisdom isn't correct this winter. Here’s why: At the beginning of 2017, inventory levels plunged to multiyear lows. Sellers are currently facing very little competition, he says. Mixed with that, buyer demand is “abnormally strong for the off-season,” Smoke writes. “The climb in interest rates that started in October and accelerated in November and December has created a sense of urgency among buyers.” With interest rates largely forecasted to move higher this year, buyers are more in a rush to lock in a low rate sooner. Plus, your sellers may have to worry about lending rates as well; Smoke estimates that 85 percent of sellers are planning to buy another home after they sell. Here’s the best tip, Smoke says: “If you are thinking of selling and buying in 2017, the early bird may get the worm. And the best new nest.” Source: National Association of Realtors®