Check out the October housing stats

While November is Election Month throughout the US, Maryland does not currently have any federal or state elections for 2019 – only a few local elections. That said, though, it is important for you to make sure you are Registered to Vote or ensure that your information is accurate.  Note:  Also, to stay in the know while on the go, simply text the word REALTOR to 30644 from your mobile phone  -- once your receive a response text, complete the necessary info and submit – it’s that easy and you may even win a $250 Amazon Gift Card.

Maryland REALTORS 2020 President, John A. Harrison, welcomes new Realtor members and describes the resources and benefits available to them. 

Click below for a summary of real estate bills that become law on October 1, 2019 in Maryland.  The law changes include: a new duty of confidentiality prior to entering a real estate brokerage relationship; a mandated disclosure for attorneys and title agents who hold escrow money related to a home purchase; and more streamlined licensing options for some out-of-state licensees who are veterans or serving in a military career and relocate to Maryland.

Average home prices rose by 2.7 percent while the median price increased by 3.3 percent as compared to the same time in 2018.

For details regarding the changes, review the 2019 Summary of Changes & Practice Tips

Learn more about incoming President John A Harrison and how to keep your clients data safe!

Maryland REALTORS^®, along with the National Association of REALTORS^® (NAR), applauds the Department of Housing and Urban Development (HUD) for finalizing new Federal Housing Authority (FHA) regulations which significantly alter the condominium approval process.