Rich Iarossi, Real Estate Salesperson

“I've spent 25 years helping Maryland buyers and sellers make smart real estate decisions. I'm a military veteran, experienced negotiator and longtime Anne Arundel County real estate professional. Whether you're selling a longtime home, relocating, downsizing or buying your first property, you'll get straight answers, personal service and advice based on experience—not pressure.”

9/29/2026:  Real estate statistics from the MLS in MD indicate that showings are down -14.3% compared to the same week in 2025. Also, new purchase contracts are down -12.6%. Stubbornly, the median list price increased +.1% to $440,000. Cancelled listings showed a +44.5% increase over 2025.

Ask any real estate agent in the area and if they're honest they will tell you that traffic is down across the board. Buyer's are sitting on the sidelines waiting for something to happen with interest rates, and the economy. Most forecaster's are predicting that interest rates will go up slightly and then settle in at the current rate of just of 7%. Sellers are pulling their homes off the market and likely will wait for the Spring to return. The market in this area is a bit morose right now.