We're getting a lot of questions lately about whether real estate values are going to drop, and we are here to share some on-the-ground insights with you.

The short answer is: prices aren't dropping - yet! - and they may not drop at all.

What we can confirm is that the excessive demand and competitive factors that have been the hallmark of the last 2+ years are starting to moderate. However, we are still statistically in a strong seller's market. There is still far more demand than housing supply in the Baltimore Metro market.

We would be remiss if we didn’t feature our amazingly beautiful new listing in Ivy Reach in a “Loving Lately” blog. While technically 9 Ivy Reach Court has a Cockeysville address & zip code, it is located in the Falls Road corridor, and just a street away from the 21093 Lutherville zip code. So here it is!

216 Hampton Park Circle in Lutherville was listed at the beginning of April for $1.99 million, and was only on the market for 16 days before going under contract. Typically, homes above $1 million tend to remain on the market for longer periods of time, but in the real estate market we are in currently, even higher priced, luxury homes are selling quickly.

Thank you to our friend and colleague Bill Middleton: This is a guest post from him about how our current world dynamics will likely impact the Baltimore real estate market in 2022. Bill is a top real estate thought leader in the United States, and is also the Founder of Middleton Elite Coaching for Realtors.

As if moving to a new city wasn’t stressful enough, you may be wondering how in the world you are going to find childcare in this new place, considering you don’t know much about the area yet. We can help! If you are new to the Baltimore area, there are so many great resources that can help put you in touch with the right people who have the inside scoop on the best childcare around.

2112 Triandos provides 2,264 square feet of living space, with four bedrooms, two and a half baths, and a one car garage on just under a quarter of an acre. This home was listed at $525,000 and was only on the market for three days before going under contract, which makes us think surely they received multiple offers.

The neighborhood is called Fountain Hill and is just south of Timonium Road and west of Pot Spring Road. Many people love this area because of its proximity to York Rd. and I-83, while still having a great neighborhood “feel” with sidewalks, quiet streets, and top-rated schools.

Over our years of selling homes in Maryland, we have learned how important it is to make a home’s aesthetic as high quality as possible (without breaking the bank!), and also how stressful, overwhelming, and confusing it can be to figure out without strong guidance. If you are a first time home seller or a veteran home seller, it’s always great to know what to focus on and what to forget when preparing your home for sale. And if you are not planning to sell anytime soon, that’s fine too! It’s always better to know what to spend on, and what to skip when it comes to your home.

12 Covert Court was listed on January 20, 2022 for $620,000. The home has 4 bedrooms, two full baths and one half bath, and just over 2,200 square feet above grade. Just as a traditional center hall colonial, you enter the home and the living room is to the right, the dining room to the left, and the kitchen in the back.

We’ve seen quite a few home inspections over the years, to say the least, and because of that, we decided to start a series we call Home Inspections: 101. Here in Baltimore, there is just about every type of home you could possibly imagine: city rowhome, country estate, split level (lots of these in Lutherville!), condo, rancher, Cape Cod, colonial, duplex…and the list goes on. We’ve seen home inspections that take about an hour to complete, and others that take an entire day. We’ve seen chimney inspections, mold inspections, termite inspections, septic inspections, well inspections, and more! And one of the biggest lessons we’ve learned in our experience is that the more you know going into a home inspection, i.e. common issues likely to come up during an inspection, the less likely you are to have problems agreeing on the solutions to those issues.

The Seminary Ridge neighborhood is tucked away between Seminary Ave. and W. Joppa Rd. in 21093 and was developed in the early 1970s. There are 167 homes in Seminary Ridge with over 20 acres of HOA-owned open space! This area is and has always been highly sought after because of its easy access via W. Joppa Rd. to I-83 and 695, while equally convenient to points north and York Rd. via Seminary Ave.

Almost a decade ago, Tina started a Facebook group for residents of Lutherville-Timonium. For a few years, the group hung around with a few hundred members. Then the pandemic hit, and the Facebook group skyrocketed to over 3,500 members.

We’ve always been passionate about selling homes in our community [21093, the place to be], and will be embracing that energy even more in 2022. To that end, we are starting a regular feature: Loving Lately in Lutherville, where we will be highlighting some of our favorite homes in the area. So kick back, relax, and check out some of our favorites in the 21093!

Real Estate Tip: It’s never going to be the perfect time, and it rarely goes according to plan.

And that’s OK! We’ll help you every step of the way.

Here’s the deal: in your mind, you may have an idea about the perfect time to sell your home, based on your work schedule or your kids’ Baltimore County school schedule, or the month that your flowers are in full bloom and your gardens look beautiful. You’ve got the timing down perfectly. You will finally be ready to move when x, y, and z happen and everything will fall into place. You will list your home, find your new home, and all will be right in the world.

This is difficult, and we get it. When you’re a seller, it can be hard to hear buyer feedback about your home. You love your home. You feel personally connected to it. Or at least you did at one point, which is why you chose it in the first place. Or maybe you still love the home, but it no longer works for your family or lifestyle. Regardless, if you’re selling your Baltimore home, it’s time to move on.

Think you want to go it alone when searching for a new home?? You may want to think again... There are so many reasons to work with a buyer agent when house hunting, but two of our favorites reasons are that 1) you have a better chance of scoring an awesome property that isn’t even listed on the market, and 2) you have a better chance of beating out other offers when you have an agent who knows what they are doing. And let’s face it: in this market, you need both these things.

Everyone’s favorite question to ask us is “how’s the market?” -- so we’re here to tell you exactly what is happening in the Baltimore real estate market!

In a nutshell, the word for the market trend in the Baltimore metro right now is “normalizing”.