Market Updates

It’s March, and This Market is Madness!

March 20, 2024

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Kelly Schuit has been recognized as a top associate broker in Maryland by Real Producers, Real Trends, Baltimore Sun, Baltimore Magazine, and Best of Zillow. Her experience in advertising, and more, recently, creating and growing Maryland's #1 team gave her a perspective that would ultimately lead to the creation of Kelly + Co.

Kelly is an overachiever, an enneagram three, a trail runner, and sometimes a trailblazer. She loves to travel, enjoys great food and wine, a great workout and a good book. If you know her, you know she will always overdress, and old houses will always have her heart. Known to occasionally seek out adrenaline rushes, she loves bringing people along for the story.  

Building a leading real estate brokerage has been her life’s work and she is happy you are here.
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A warm hello to my favorite homeowners!

We are on the edge of the spring market, though it feels like it hasn’t slowed down much since last spring.

Rates have stabilized on their way back down. As quickly as they climb, they will take their time creeping back down, but that downward trend will continue. Don’t be surprised if they tweak back up or plateau for periods as they trend downward throughout this year.

What does this mean for buyers?

Stay ahead of the rates dropping. As rates go down, home prices go UP. If you can stomach the higher rates for a few months, you can expect to re-fi later this year or early next year.

What does this mean for sellers?

This year is another year where supply and demand will be in your favor garnering you top dollar for your home sale with incredible terms.

One strategy that is working wonders for my sellers is listing your home with a *free* rent back so you can stay in your home while you find your next place and settle on it without a home sale contingency, offering you the ability to be competitive on your terms with a timeline that is flexible for you and your needs.

If you or someone you care about are thinking about moving in the next two months or two years, let’s get on the phone and come up with a strategy that will fit your needs when the time is right to make that move!

Cheers!

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