Rich's Blog

I blog about a variety of topics so check back frequently

Should You Sell Your House As-Is or Make Repairs?

By Richard Iarossi | Dec 2, 2024 | 0 Comments
Selling a house as is

Should You Sell Your House As-Is or Make Repairs? A recent study from the National Association of Realtors (NAR) shows most sellers (61%) completed at least minor repairs when selling their house. But sometimes life gets in the way and that’s just not possible. Maybe that’s why, 39% of sellers chose to sell as-is instead (see chart below): If you’re feeling stressed because […]

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Mortgage Rate Volatility, What’s Behind it?

By Richard Iarossi | Nov 20, 2024 | 0 Comments
Mortgage Rate Volatility

Mortgage Rate Volatility, What’s Behind it? What’s Causing Today’s Mortgage Rate Swings? If you’ve been tracking mortgage rates, you’ve probably noticed how much they’re has been Mortgage Rate Volatility. One day they climb, and the next they drop. Why all the ups and downs? Let’s explore the key reasons behind this volatility and what it […]

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Investors Buying Homes – Low Percentage?

By Richard Iarossi | Nov 19, 2024 | 0 Comments
Investor Purchase

Investors Buying Homes – It Really is a Small Percentage? Let’s be real – buying a home right now is tough. You’re scrolling through listings, rushing to open houses, and maybe even losing out to more competitive offers. Somewhere along the way, you might’ve heard the reason it’s so hard to find a home is because big Wall Street […]

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Two Seller Concerns about Selling

By Richard Iarossi | Nov 18, 2024 | 0 Comments
Seller concerns about selling

Don’t Let These Two Seller Concerns Hold You Back from Selling Your House If you’re debating whether or not you want to sell right now you may have the same two seller concerns as many owners. It might be because you’ve got some unanswered questions, like if moving really makes sense in today’s market. Maybe you’re […]

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Home Prices Decline Headlines May be Deceptive

By Richard Iarossi | Nov 15, 2024 | 0 Comments
Home prices are not declining

Home Prices Aren’t Declining, But Headlines Might Make You Think They Are If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify. Here’s what’s really happening with prices. The bottom line is home prices are higher than they were a year ago at […]

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The Big Difference between a Homeowner and Renter Net Worth

By Richard Iarossi | Nov 15, 2024 | 0 Comments

Richard Iarossi, REALTOR Coldwell Banker Realty 1300 Main Chapel Dr., Gambrills, MD 21054 443-995-9595 Cell 410-721-0103 Office richard.iarossi@cbmove.com richsellshomes.com #richardiarossirealtor #buyingvsrenting #croftonmd #annapolismd

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Should You Sell or Rent Your House?

By Richard Iarossi | Nov 14, 2024 | 0 Comments
Sell or Rent

Should You Sell or Rent Your House? When you’re ready to move, figuring out what to do with your house is a big decision, should you sell or rent your house? And today, more homeowners are considering renting their home instead of selling it. Recent data from Zillow shows about two-thirds (66%) of sellers thought about renting their […]

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Odenton MD Real Estate Market Report – November 13, 2024

By Richard Iarossi | Nov 14, 2024 | 0 Comments
Odenton MD

As a real estate professional, it’s key to understand how different market metrics connect. Right now, the Months Supply of Inventory is 1.26, which points to a seller’s market where demand is higher than supply. This low inventory increases competition among buyers, often pushing prices up. The 26% rise in Months of Inventory over the […]

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More Homes, Slower Price Growth – What It Means for You as a Buyer

By Richard Iarossi | Nov 13, 2024 | 0 Comments
More home inventory

More Homes, Slower Price Growth – What It Means for You as a Buyer There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy. Let’s look at two reasons why. You Have More Options To […]

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What is Motivating Homeowners to Move Right Now?

By Richard Iarossi | Nov 12, 2024 | 0 Comments

What’s Motivating Homeowners to Move Right Now Over the past few years, some homeowners have decided to delay their move because they don’t want to sell and take on a higher mortgage rate on their next home. Maybe you’re thinking the same thing. And honestly, that’s no surprise. It’s a very common roadblock and is one of the biggest […]

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