Rick Thompson Homes specializes in the sale of Maryland properties with an accomplished career of over 20 years. Thanks to the team’s extensive expertise, we offer in-depth knowledge of Maryland residences and lot/land sales that truly set us apart in Maryland.
Clients rely on our team’s experience and professionalism. Our exceptional service is rewarded with over 80% repeat and referral business. In keeping with our goal to ensure a smooth and successful transaction for all our clients, we have assembled a talented support team that is readily available to cater to your needs, and exceed your expectations.
We look forward to helping you with your next move.
Recent Real Estate News
Here are the top 10 metros for single-family rental investors
Investors saw a slight dip in the single-family rental market, however overall, many metros are still hotspots for investment. In 2017, 86% of the markets analyzed saw a rise in fair market rents even while average wage growth outpaced rent growth in 67% of markets — a recipe for sustainable growth in the rental market.Millennials would really prefer to live in these 10 cities
Younger home shoppers are set to become the No. 1 homebuying cohort throughout the coming years, but they’re not opting to buy a home just anywhere. Realtor.com took advantage of its website user data to create a list of the top 10 markets where Millennials are looking for a home. While a chunk of the cities on the list are affordable, it’s not true for all of them.Experts: Don’t read too deep into February’s existing home sales drop
Existing home sales came in lowest in February, however experts caution against determining a new trend based on just one month. In fact, they continue to predict a strong home-buying season this spring despite rising home prices, higher interest rates and decreasing inventory.CoreLogic: Paying cash for houses lowest in nearly 10 years
Last year, the share of homes bought with cash fell to the lowest level since 2007, a new report from CoreLogic showed. But that's not the only data point that fell to a nine-year low last year. For the full-year 2016, the distressed sales share was also the lowest annual distressed sales share since 2007.Existing home sales come down off 10-year high
Existing home sales slipped down off last month’s decade-high, but remained above last year’s levels. But considering January’s drop in pending home sales to the lowest level in a year, this decrease comes as no surprise.FHFA: Home price increase halts for second time since 2012
Home prices halted their monthly growth in January for only the second month since 2012. In fact, home prices experienced consecutive month-over-month growth since November 2013. However, prices are still up annually in all nine census divisions.Dallas real estate startup Door pulls in $2.3 million in Series A funding
A Dallas startup that aims to disrupt the real estate business by charging a flat fee for brokerage services rather than the traditional 6% fee plans to grow after it just raised $2.3 million in a round of funding. Here's the lowdown on Door.What Trump’s tax cuts mean for affordable housing deals
One of President Donald Trump’s priorities, tax reform, could threaten the affordable housing industry as fewer investors may be enticed to fund projects. Developers said investors are valuing the tax credit 10% to 20% lower since Election Day. The reduction in the credit’s value is already likely to cause a drop of about $1 billion in equity investment for the year.The Great Baby Boomer Retirement Plan: Downsize your life
Baby Boomers are preparing for retirement and as they do, the generation is looking increasingly to downsizing. Nearly half, in fact, are giving up on the dream of homeownership entirely. As humans live longer, many must consider a wide range of course corrections in order to enjoy a secure retirement.Demand for houses still grows despite interest rates increasing
Interest rates are going up, however they aren’t quenching the demand for housing. Rising demand, especially from the Millennial generation, continues to fuel an increase in existing home sale potential.