Real Estate Education, Real Estate Experience, and Real Estate Intelligence

April 27, 2020

It's Over

(Disclosure: This video does not portray the political views of R.E. Shilow Realty or any of it's 
associates. This video clip wasd used because it is one of the best descriptions of the affects
of the Corona Virus on the current real estate economy.)

Real Estate Overview

It is finally about to be over! COVID-19 (Corona Virus) has been a real thorn in our side mentally and economically. As the saying goes "nothing can hold us down." That saying can not be captured more in America than the real estate economy.

The one aspect of the Corona Virus on real estate that we noticed here in the Mid-Atlantic is about 20% of all properties for sale were taken off the market. Never the less, real estate sales have remained consistent with properties still selling within 30 days, and buyers outbidding each other. It is a phenomenon that no one could have predicted.

A Beautiful Phenomenon

Real Estate buyers have stayed in the market and real estate sellers are still selling. Interest rates are at the lowest ever in history and job losses are amongst industries (restaurant, retail, and hospitality) which statistically are not a large part of the pre-approved home buyers market. What this means is, there is no slack in the market. Only the most committed people are participating. Real estate sellers that have the most confidence in the presentation and price of their properties and real estate buyers that still have good-paying jobs and enough confidence to shake off the virus scare and view properties to purchase.  In the Mid-Atlantic, the real estate sales have remained consistent with properties still selling within 30 days, and buyers outbidding each other. In states with total real estate shut down real estate sellers are still placing their properties for sale and the norm has been for real estate buyers to contract properties sight unseen with inspection contingencies for after the lockdown gets lifted. This mixture equals consistent real estate sales! This is also a large sign of the underlying strength of America's Economy!

It's Over

For the 20% or so of sellers that have taken their properties off the market there are more than 25% of pre-approved buyers that are still in the market but are waiting for the first signs of the economy to open before they pull the trigger. Best of all, those buyers have had eight weeks to research the market and now have a good idea of what they are going to shoot (buy) as soon as the economy starts to open. And it is going to start showing the first signs of major openings next week. What does that mean for real estate? It's Over! There is going to be a rush of buyers and not enough sellers within the next 12 months. The full force of pinned up demand is going to be released. We are going to see a spike in sales, and sale prices!

Contact Me 

If you would like to find out details of your property's real estate market or would like to talk more in-depth about real estate, finance, and the economy. Please give me a call, email, or text.

To Sell Your Property you should start here with an in-depth value report:

Ryan E. Shilow, President

A Johns Hopkins Master of Real Estate

Office| 443.602.9900

Mobile| 443.602.9117




April 16, 2020

The Sky Is Falling, Or Not!

Doom and Gloom, Or Not

From record-breaking numbers to a total meltdown in just a few short months, and we owe this all to the COVID-19! There was an article written by Kathy Orton from The Washington Post earlier this year talking about the lack of inventory and the increased demand, 50-year low unemployment, etc… Did I mention that was one among many and I did tell you that was January 2020 right? And here we are April 4, 2020, and nothing but doom and gloom?! 

The Facts

According to the National Association of Realtors and the MLS (Multiple Listing Services) from January 2019 to March 2019, in the following Counties in Maryland; Anne Arundel, Baltimore, Howard, Frederick, Carroll, and Montgomery the industry posted the following;

              Units listed          Units sold           Average sales price

2019         12,309                   7,249                     $359,450

2020         12,259                   8,022                     $424,898

Now before you say, “yeah but it’s going to take some time to catch up”, “those were deals in the pipeline let’s see what the next three months bring.” And that is probably going to be the case because of what I said earlier people stop using these basic principals when purchasing homes.

Financial Basics Weather Any Storm

Mortgage Rule of Thumb or the 28/36 rule

For those that have never heard of this, it’s been around for EVER! Let me explain, 28% of your gross (i.e., before tax) monthly income to go toward your housing expenses, including your mortgage payment, property taxes, and insurance.

However when you go to a mortgage lender to get a pre-approval using a standard FHA loan. The metrics used to calculate how much home you can afford are as follows. When it comes to FHA debt to income ratio (DTI), there is a lot of flexibility for borrowers. Actually FHA DTI limits could exceed 55% and even approach 50% for FHA manually underwritten loans.

Scary huh? If it’s not then please GOOGLE what I’ve told you and really look into it. Listen, we could have a slow down in the market. Things could get super tight for people and cause spending to slow dramatically. On the other hand, things could resume sooner than later and the pent up demand causes the market to really explode. Either way, if you the consumer, take into consideration what we already know based on history. Real estate is a long-term play, not a get rich quick scheme. Real estate if purchased correctly and maintained properly, can provide true wealth and security for you and your family no matter when you purchase. More than 25% of all current homeowners bought their homes in the height of the last boom and they purchased their home financially responsible, maintained their property well, and now have large amounts of equity! Stick to your budget and prudent financial principals and no matter what is going on in the economy you will always weather any economic storm.

Your Personal Financial Team

One thing is for sure at R.E. Shilow Realty we care about the real estate we help our clients buy and sell adds value to their families! We have a team of agents, lawyers, and financial advisors from Morgan Stanley that will always make sure you are following the financial basics that are keeping you financially strong no matter what is going on in the world.

Call us today to receive a Johns Hopkins Master of Real Estate and Infrastructure consultation and gain a chance to increase your net worth through prudent real estate decisions! 


Ryan Shilow, President

Danny Bowling, SVP

R.E. Shilow Relaty Investors, Inc.

Office| 443.602.9900


Oct. 25, 2019

Mortgage Interest Rates

Todays Mortgage Interest Rates

When Should You Buy or Sell?

Seems that social media, friends at work, and even family members all are experts in real estate and well the country’s economy. Interest rates are low it’s time to buy or sell! Interest rates are high now’s not a good time to buy or sell! 

Look at the Facts

Starting in 1971 the low-interest rate was 7.26% and the hight was 7.54%.  In 1980 the interest rates reach as high as 16.35%.  This is when Ronald Regan was the president and the United States in those years the best EPI (economic performance index) our country has ever seen. As a matter of fact, Barack Obama 

Posted the second-highest (EPI) and Bill Clinton was third-highest. After 2009 our countries interest rates dropped to below 6% but during the best times in our history… They were averaging between 7% and 10%!

Macro Real Estate Economics Conclusion

The point I wanted to make is the reason to purchase or not purchase should not be based on interest rates but on the overall goals you are trying to reach. The economy is always changing and the news media’s job to sensationalize every story so people will watch. We can show our clients how to maximize the purchase or sale of their real estate assets to ensure they make sound decisions. 

Real Estate Questions

If you have any questions about this article, your real estate market, or selling/buying a property/s.

Let us show you why choosing the right real estate agent is so important! 

What is your property's value? Click Here to find out!

Danny Bowling



April 8, 2019

Top 5 Ways You Can Prepare Your Home For Sale

How to Prepare Your Home For Sale

Every seller wants their house to sell quickly and for as much money as they can sell it for, but it takes more than hoping your house sells to make it happen. Sprucing up your home and careful planning are important things to get buyers attention and to make high offers on your home.

Step 1 - Disassociate, Declutter, Depersonalize

Living at a home then having to sell it can be hard, all the memories and time you have spent there can be a difficult thing to let go of, but you have to disassociate yourself from your home. You have to tell yourself "This is not my home, it is a product I am selling now". The quicker you can disassociate from your home, the easier it will be to hand over the keys and say goodbye when it is time to leave, which after building a life there can be an emotional thing to do.

Pack up family photos, family heirlooms, and any junk you haven't used in the last few months. You want buyers to walk into the house and imagine themselves living there, with their photos on the walls. Most buyers won't be able to look past personal touches and may be distracted by them. This goes as far as taking all books/knickknacks off shelves and clearing everything off kitchen counters. In the end, it's giving you a head start on packing. Make sure cabinets and closest are as empty as they can be and the things that need to stay, are organized. Buyers love to look around in every door and cabinet, so make sure dishes and boxes are as neat as possible.

Step 2 - Make It Shine

Your home needs to be cleaned better than it's ever been cleaned before, make it shine! It needs to be a deep clean, better than the normal daily cleaning jobs. Scrub the walls, mop the floors, make windows sparkle inside and out. This could take all day so hiring professional cleaners could be a huge help, and will get your house looking fresh. Make sure you focus heavily on the bathroom and kitchen. The kitchen is a huge selling point for buyers. Remember buyers love to open things, so make sure ovens and fridges are not only clean on the outside but on the inside as well. Odors are bad, make sure you do not cook anything that will leave a lingering smell even if you think it smells good others may not. Any other bad odors in the house you want to make sure are gone. Pleasantly scented candles could be a good thing but try not to have any exotic smelling candles, keep it simple. Make sure the exterior is clean also, hiring a landscaper to perfect your yard would be a great investment. If the outside of your house is a mess people may not even look at the inside and move to the next house on their list.

Step 3 - Stage Your Home

You don't need to go buy new furniture to do this, but if you can it will be a good investment. All you need to do is go into every room and try to create space and try not to make things feel cramped. Move furniture around to different spots to have the best visual appeal you can get. If you are investing in furniture have the colors match and make a theme. You don't want to invest in a bunch of furniture just for it to not go together and be meaningless. Don't overbuy, sometimes sellers will buy too much, remember you aren't living there anymore, so keep it simple but elegant. Don't spend a lot of money on unnecessary things.

Step 4 Pictures, Video, Virtual Tour

Talk to your agent about getting a virtual tour of your home. A virtual tour is like having an open house on your property 24/7 days a week. Having high-quality pictures and video to present your house in the best light is critical to receiving a high offer. It is really important that the pictures show how much space is in the room you are taking the picture in, that the pictures are clear, and that there are a lot of pictures. The more pictures the better, but they need to be clear. 

Step 5 - Most Important, Price

Above all else, make sure that your home is priced correctly, you don't want to go through all of these steps and your house be overpriced. The price of your house is the first thing buyers look at to consider if they want to find out any more information if the price within the market then they will come to see your house. With information at everyone's fingertips, consumers are more informed than ever. Some consumers are more informed about the real estate market in the area they are interested than the top agents in that area. If you are overpriced they will glance at your listing and nothing more. Being priced correctly is the first form of catching the attention of the consumer.



April 5, 2019

US Economic Report and Soaring Home Prices

US Economic Report

Median Home Prices

Median list prices are at a high for the first time in March at $300,000 according to a report. According to Realtor, there are 1,349,597 active listings currently on the market with a 4% increase year over year.  Some parts of the country annual price growth have been down, nationally list prices have raised 7.2% year after year in March.

Jobless Claims

Wall Street economist expected to add 175,000 non-farm payrolls in March but exceeded that expectation with 196,000 jobs in March. Jobless claims have been at an all-time low since 1969. The last week of March Jobless claims reached 202,000, which was 10,000 lower than the expected 216,000 analysts were expecting.  

What this Means for You

So what does this mean for you? If you are a real estate purchaser this is not the best information. Why? The US economy is doing great and looking better every day and this economic information coupled with currently lower interest rates are pushing the prices of homes higher. These factors will likely create a tornado effect in the market that will quickly drop property inventories, which will, in turn, further push home prices higher.

On the other hand, sellers, your property values are moving higher and are poised to sell faster than we have seen in the past 20 years. As always, no one knows how long a market will be pushing higher, but we expect the conditions to continue for the next 12 to 24 months. If you have a property that you have been holding through the great recession, this might finally be the time to cash out your equity and find that next home in your life. 

April 1, 2019

What is a short sale and how is it better than foreclosure?

Short Sale Overview

What is a Short Sale?

Let's say you're selling your home but the offer you get is super low, it won't cover the total amount you owe on your mortgage, but you need to sell it, so you just take it. This is a short sale, you don't get the amount you need to pay back your lender, and your lender agrees to accept less than what is owed on the loan.

Most of the time homeowners are pushed into a short sale because they cannot pay their monthly mortgage to their lender, and at the same time, it's hard to find a selling price that would allow them to pay the amount of their entire loan-especially if market trends lowered their home value.

The Short Sale Process

In order to get a bank to consider a short sale, you have to be late on your mortgage and show financial hardship. Then you have to sign a real estate broker listing/marketing agreement (must be turned in to the bank) and get the house on the market with a real estate broker and attempts to sell the property at the balance owed. After these steps, your real estate broker will market the property at the current real estate market value to receive a market value offer that he or she will submit to the bank for approval.

What is the benefit in doing a short sale vs. foreclosure?

A foreclosure is when the homeowner falls so behind on the mortgage and the lender repossesses the house, often against the homeowner's will, then tries to sell it. Unlike short sales, a foreclosure negatively affects a persons credit score and credit report. As a result, people that undergo foreclosures normally have to wait 5 years or more before they can qualify to purchase a new home. It benefits the homeowner if they can talk to their lender to do a short sale instead of going down the road of a foreclosure.

  • A short sale gives a homeowner more time to stay in the home until the sale is finished. Foreclosures force homeowners to vacate.
  • In a short sale, the seller won't pay the real estate agents commissions and closing costs, the lender or bank pays the bill



March 19, 2019

Real Estate and The New Tax Change

What matters most, higher interest rates or property deductions?

Great outlook on interest rates, the federal reserve is widely predicted to raise rates 0-1 time this year. Last year the federal reserve raised rates 4 times. At one moment in the market last year 30 yr. mortgages were as high as 5.25%. With recent predictions, the market for 30 yr. mortgages have cooled back down to the low 4 percents. 

Soft National Housing Market

One reason the federal reserve has decided not to raise rates is because national sales have not kept up with job gains and population growth. Home inventories have started to rise.

Inflation Fear Declining

 According to Lawrence Yun, NAR Cheif Economist, current inflation is at a 2 year high at 2.4%, but the federal reserve is assuming a drop in inflation under 2%. As a result of this assumption, we see approved home sales in the future outlook. For every 1/2% drop in the 30 yr. mortgage market we can expect an extra 200,000 homes sold based on historical performance. 

New Limit On Mortgage and Property Tax Deductions

With the new tax reform, there will be a limit on mortgage and property tax deductions. Fortunately, most Americans, approximately 95% will still be able to deduct there mortgage interest and property taxes under the new tax reform. The 5% of Americans that can no longer deduct these items makes home ownership more costly. For these homeowners, lower interest rates are much more important because this is the only area to make up the loss of mortgage interest and property tax deductions.

Great News Real Estate Investors and The Savvy 5%

All mortgage interest and property taxes are fully deductible as bona fide business expenses. Hint: For those of you who are amongst the 5% who loses their deductions. Think about turning your home into a rental! You have to be a little savvy and make sure your home rental is set up correctly, but there is no reason you should be missing out on your deductions!

Ryan E. Shilow

A Master of Real Estate 

Johns Hopkins Carey Business School


Office| 443.602.9900

Mobile| 410.227.0321

"For more information or to request a consultation, please contact me directly any time."









Jan. 14, 2019

2018 Official Real Estate Statistics

Impressive Real Estate Statistics


Over the last year Real Estate in the Baltimore County region has been increasing on a positive slope. Out of the 1088 homes that have been listed 831 of them have been sold. This is a whopping 76% success rate in the market for buying, selling, or renting a home. This means that if you were to put your home on the market right now, it is almost guaranteed your home would be sold in the next 90 days. In the real estate market the monthly supply of inventory is important. This is the number  of homes being sold monthly and if there is a 5.6 MSI this means that roughly 10.5 homes are being sold each month. here in 2019 so far there is a 4.7 MSI which is still very impressive for the beginning of the year. 


Why Price Matters


The price at which people sell their home is very important. The volume listed in dollar amount for R.E. Shilow Realty really puts that pricing in perspective. The value of homes listed in the total year was 447 million. Keeping in mind 831 of 1088 homes sold, our sold volume was 317 million. This means that your house when put on the market will sell at its listed value. No need to go up or down on offers, because prices are at their peak performance. Volume listed is very important in terms of homes being sold and as these numbers show it is a main priority here at R.E. Shilow. 


Everyone Wants a Home


Real Estate is one of the most important commodities anyone on planet earth can purchase. Everyone wants somewhere to live and everyone wants a home. It is with the utmost importance that you as a buyer, seller, or investor understand the market. With the above information you can get a grip on the standard of success here at R.E. Shilow Realty. 

Posted in Real Estate News
Sept. 24, 2018

What a Property, What a Price, What an Area

Paradise In Ellicott City


This is Perfect!

4340 Doncaster Drive is a wonderful property in one of the most sought-after neighborhoods in Ellicott City, MD. Take a quick walk through the property in the virtual reality world above (seriously, if you have a VR headset). After you walk through the house. Make sure you check out the hardscaped backyard and beautifully landscaped backyard. This is the perfect getaway in the perfect neighborhood! 

For more information on this listing or for general questions please, contact us @ 443.602.9900. 


Selling Your Home?

If you are interested in selling your home or property please call our Broker and Johns Hopkins MSREI, Ryan Shilow @

May 15, 2018

Rent or Buy!! Who is Right?


Rent vs Buy


This is a discussion that has and will continue to be a debate in households across the country. Depending on who you talk to you should wait and save your 20% down payment. Most mortgage companies will offer approx 3.5% as a down payment, but you will have to pay PMI monthly. Which in simple terms is an insurance policy for the bank in case things go wrong?


So here is the only thing that should really matter when making the decision to rent longer and save more or buy now…. Simple Math! That’s right, it’s just numbers at the end of the day. As a Real Estate Agent I help people with renting homes, selling homes and buying homes so I have seen and heard all the various reason people make these decisions. Just remember I gave you the answer to the question already. “Simple Math!”


Let’s just say you don’t like renting and your goal is to buy a home. Now let’s use the average median price according to the (NAR) $217,900.00. At 20% down that's $43,580.00. Bureau of Labor Statistics (BLS), the median wage for workers in the United States in the fourth quarter of 2017 was $857 per week or $44,564 per year for a 40-hour work week. So let’s start with how long it will take to save $43,580.00 Again let’s do the math. Say you start with nothing and you save $300.00 per month and your bank gives you 1.5%..... Are you ready? 11 years! The flip side is you put down 3.5% which is $7626.50 and using everything the same it will take 26 months.


Now I’m not going to explain how to calculate PMI and how that changes your payment. But here’s a website that breaks it down for you if you truly want to know. ((Calculate house payment)  But roughly it is going to cost you another $50 - $75 per month. So paying that silly PMI every month you will save over the 9 years (because it only took 26 months not 11 years) $24,300.00.


Here’s the other part of the Simple Math! Most Landlords will require 1st months rent and usually the same as a security deposit. If the average 3 bedroom rental cost $1500,00 per month that’s $3000.00. To come up with the rest of the money will only take 16 months. And we haven’t even covered the change in the interest rates. Every time interest rates go up it changes all the math.


I’m not just writing this to convince people to buy. But if your goal is to buy instead of listening to all the debating sit down and do the Simple Math! Waiting more often than not is going to cost you way more than you could ever save! And by the way. Listening to the evening news talking every night about the doom and gloom. Or how wonderful everything it means nothing. If you buy what you can afford and you are not trying to buy to impress other people. You are going to pay someone money to live in a home. Don’t lose sight of the Simple Math!