Tag Archives: MLS

New MLS – what does it mean to buyers and sellers?

We have a new MLS – Multiple Listing Service – in the Maryland-DC-Virginia area. Actually, it is a huge database, covering Delaware, Maryland, New Jersey, Pennsylvania, Virginia, Washington, D.C, and West Virginia. Most agents aren’t licensed to sell real estate in … Continue reading

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You gotta wonder when you see a house that’s been on the market for months, is $100k more than anything else in the neighborhood and there’s not even a description in the remarks section.

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Seller Makes Bad Decisions, Buyer Wins

It’s always puzzling when you find a house that is priced $30-40,000 below similar houses and there aren’t any obvious reasons. It’s been in the MLS (Multiple Listing Service) for less than a month. It’s not a foreclosure or a … Continue reading

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More Fun with Numbers

What’s more exciting than tracking pending sales? Comparing pending sales with the number of properties that have settled! I mean, WOOHOO! Consider the following. In a really hot market, the pending sales and closed sales track each other pretty closely. … Continue reading

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Damn Lies and Market Statistics

Anyone who knows me knows that I love what statistics tell me about the real estate market. I have charts and data on the Cheverly market going back more than 10 years. (All I can say is – Microsoft Excel … Continue reading

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