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Jen Anderson

Cool Art Show in North Beach

03-23-09
Jen Anderson

I wanted to pass on the information for an Art Show in North Beach, Maryland. What better way to spend the day than walk along the boardwalk in North Beach, visit the Antiques Shops and Art Gallaries in this quaint bayside village.

Artworks is a fun gallery with a variety of artwork. It's a cooperative gallery, with handmade jewelry, ceramic art, drawing and paintings in a variety of mediums and more! The gallery features over 20 different artist!

Hope to see you there!

~Jen Anderson, Calvert County Real Estate Agent


 Cats and Dogs
This April it's Raining Cats and Dogs at Artworks at Seventh.
Opening Reception: Saturday, April 4th, 1 to 5pm

Featuring the Artwork and Jewelry of Kathleen Addario and Suzanne Shelden and honoring the dedicated volunteers of the Calvert Animal Welfare League.

You are invited to attend this special event featuring art inspired by our love for the dogs and cats around us. The artists of Artworks at Seventh and the volunteers from the Calvert Animal Welfare League will be your hosts on the day of the reception. Pets will be there for adoption.

20% of the proceeds from sales of cat and dog art and jewelry will be donated to CAWL.

In addition, sales of specially marked art will come with a day of fun doggie daycare for your pet, compliments of the Perfect Pet Resort, Lothian, MD.

There will also be a basket raffle, miniature art for your kitty's corner, ceramics, recipe books, calendars and more, plus all that North Beach, its shops, and boardwalk have to offer.

Make it a special day!

For more information about this event contact cawl@comcast.net or webmaster@artworksat7th.com

The show runs from Thursday, April 2nd through Sunday, April 26th.

Artworks at 7th - A North Beach Artist Cooperative - is located at 9128 Bay Ave., North Beach, MD 20714, on Bay Avenue just down from 7th Street.
Parking is available behind the building.
Hours 11-5pm Thursday through Sunday
410-286-5278.
See our website at www.artworksat7th.com

Hop off the fence!

03-19-09
Jen Anderson

It's tangible, it's solid, it's beautiful. It's artistic, from my standpoint, and I just love real estate.
Donald Trump

Interest rates dropped again! Rates are at record low, 4.5%! Prices are lower than they have been in years. Now is one of the best times to buy. On top of all that, Most 1st Time home buyers who purchase a home before December 1, 2009 receive a tax credit of up to $8,000.

If you have been thinking about buying a home, give me a call! I will help you with the home buying process. I will help you find a mortgage that works for you today and tomorrow.

Don't stretch yourself too much with a mortgage. Buy within your means.. it's not worth the sleepless nights.
Sarah Beeny

Happy St Patricks Day!

03-17-09
Jen Anderson

I would like to wish all my family and friends a Happy St Paddys Day! Wear some green and have some fun!

Our office, Exit 1 Stop Realty, is having an open house at the KHov Model off Accokeek Rd near Waldorf. We will be there from 11-2. It is a great opportunity to network, catch up with old friends and maybe even have a green beer! KHov is provinding a catered lunch.

All are welcome, we hope to see you there!

First Time Buyers, An Opportunity of a Lifetime

02-25-09
Jen Anderson

An Opportunity of a Lifetime

Warren Buffet says, "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful." While Mr. Buffet was writing about buying stocks, the same can be said for housing today.

Housing issues have permeated the economy both locally and nationally. This week, one index that tracks housing prices, S&P/Case-Shiller Home Price Indices, indicated home values fell the most since 1968, declining 18.5% in December from the year before.

Looked at from a different perspective, this means home prices have fallen to levels not seen in six to twelve years, depending on individual markets. Following the Case-Schiller report was the report from the National Association of Realtors (NAR) recently. The NAR reported that home prices for the month of January fell by 14.8%.

The bright spot though in contrast was that the number of homes sold in December increased. Home buyers from coast-to-coast have been buying distressed properties at the rate of 45% of total sales.

Recognizing that now is the time to buy, everyone - from those looking to purchase their first home to seasoned real estate investors - is buying homes today. Bruce Norris, the head of an investment group in Southern California, expects to buy at least 100 homes this year as, "This is the buying opportunity of our lifetime."

Fundamentals Point to Strength
The basic fundamentals of the housing market point to higher prices ahead. Almost half of the properties being sold today are existing homes that are either owned by banks or homes on which banks are accepting short sales, allowing them to be sold for less than what is owed.

New homes or homes under construction are near all-time lows. The country's demographics point to more potential buyers coming into the housing market than projected inventory in coming years. This all points to higher prices on the horizon as demand will be greater than supply. This is supported by the fact that the inventory of unsold homes fell 2.7% in January.

Why Buy Now?
Three very important reasons to buy now are:

  • Interest rates are near all time lows;
  • Home prices have declined to levels not seen in years; and
  • Qualified first-time home buyers are now eligible for up to an $8,000 tax credit.

Lower Prices Don't Always Equate to Lower Payments
One final point to consider. Even if you believe that home prices will continue to decline, it's very difficult to believe that interest rates will remain at these low levels.

Did you know that even if home prices were to decline 10% but also during that time, interest rates available for home loans were to increase by 1.00%, your monthly principal and interest payment would actually be higher? It's true. So, if you are thinking of buying or the end of your lease is near, get busy and get in the game. To quote Mr. Buffet again, "If you wait for the robins, spring will be over."

Call me and we can discuss the best options for your clients today.

Courtesy of John M. Shea

Senior Mortgage Banker

Cell: 301-661-9530

Cell: 410-562-2046

E-Fax: 443-408-0405

Apply Online at:

www.JohnSheaLoans.com