Residential home prices climbed in March compared to the same period of 2017, according to Maryland REALTORS^®. Average home prices rose by 5.9 percent for the second month in a row, while median prices increased by 5.4 percent as compared to the same time in 2017.

The Maryland Legislature once again adjourned Sine Die Monday evening.  Overall, the Session was mixed with favorable and unfavorable elements. While two of our top five priorities did not prevail, we did succeed on several other important issues/priorities. We have provided a brief Sine Die Report Web 2018 of our key issues for which the Maryland REALTORS lobbied and a more comprehensive review will be provided later.  Many thanks to the membership for your advocacy and participation in our legislative Calls for Action during Session.

Register NOW for the Annual Commercial Symposium. 6 hours of MD CE are being offered during the day long session being held on May 1 at The Hotel at the U of MD, College Park. 

Practical considerations for you and your clients. A seller who fails to comply with the law is subject to a fine, imprisonment, or both. A listing agent representing a seller who is in violation of the law must disclose to prospective buyers that the seller is not in compliance. If a buyer’s agent is aware that the seller is not in compliance with the law, the buyer’s agent must disclose this fact to his or her buyer client.