Vinny Steo
Vinny Steo
Owner/Broker

Blog

Central Maryland June Housing Report

Central Maryland June Housing Report June Houses Sold:           3,211May 2020:                          2,365MTM Change:                   26%June 2019:                        3,409YOY Change:                    -6%Average Sold Price          $356,495Median Sold Price:          $335,000Average Pending:            2,9151 Inventory June 2020:                  […]

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Food Tip of the Week: Parsnips

          Parsnips, unjustly neglected by many of us today, are easy to prepare and offer a healthy stand-in for potatoes as a side dish. It also makes an excellent addition to soups and stews. Though not as popular as potatoes, they might very well be the thing missing from your weekly menu.           The vegetable […]

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Neighborhoods: Aberdeen, Maryland

Aberdeen Maryland is the largest municipality in Harford County, located 26 miles northeast of Baltimore. It was settled in 1800 and was named for a city in Scotland. Often called the “Gateway to the Chesapeake Bay,” Aberdeen is full of tight-knit neighborhoods, an abundance of green spaces, and a unique, laid-back way of living. The […]

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Neighborhoods: Fallston, Maryland

Located in Harford County, Fallston, Maryland is 15 miles NE of Towson, Maryland, and 28 miles NE of Baltimore.  It is bordered to the south by Baltimore County and to the northeast by the Bel Air North. The Little Gunpowder Falls river forms the southern border of the Fallston CDP and the county line, while […]

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Mortgage Rates Hit All-Time Low

  Mortgage rates hit an all time low. In fact, they reached a stunning new all-time-low heading into the July 4th holiday weekend, according to the latest data released Thursday by Freddie Mac. The average rate for a 30-year fixed-rate mortgage averaged 3.07 percent, down from 3.13 percent the week prior and 3.75 percent a year […]

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Central Maryland May Housing Report

Houses Sold: 2,300Average Sold Price $352,415Median Sold Price: $335,000Average Pending: 3,0791 Year to Year Inventory:May 2020:           5,050May 2019:          13,331Change:                -62% Inventory Accumulation1May 2020: 2May 2019: 3.9 Average List PriceMay 2020: $370,373May 2019:  $355,581Change:                +4% New ListingsMay 2020: 3,628May 2019:  4,056Change:                -11% May Housing Report: Mortgage Rates Reach All-Time LowThe size and […]

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Home-Buying Demand Surges 17% from Pre-Pandemic Levels

Home-buying demand is now 16.5% above pre-coronavirus levels on a seasonally adjusted basis, driven by record-low mortgage rates Demand for homes is far outpacing housing inventory. 45% of homes were on the market less than two weeks for the first two weeks of May. 3D and virtual homes tours are becoming increasingly more popular as […]

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Neighborhoods: Abingdon, Maryland

Located in Harford County, Abingdon Maryland lies 25 miles northeast of Baltimore on Maryland Route 7, near the Bush River, between Exits 77 and 80 of Interstate 95. Abingdon was named after Abingdon, England. Abingdon is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Abingdon is a town […]

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Central Maryland April Housing Report

Mortgage Rates Reach All-Time Low According to the April housing report, the size and depth of the secondary mortgage market is helping to keep rates at record lows. These low rates are driving higher refinance activity and have modestly helped improve purchase demand from their extremely low levels in mid-April. While many people are benefitting […]

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