Posts Tagged ‘Market’
Prince George’s County, MD, Real Estate Market Report, April 2008
Team Benya’s Monthly Market Report- P.G. County, Maryland What’s Happened: The Prince George’s County Market is without a doubt slanting more and more heavily towards buyers. Sellers are finding it increasingly difficult to sell and inventory of available homes is steadily growing. March 2008 saw roughly 400 homes sold in P.G., and more than 7,000homes on the market! There [...]
Chasing The Market…. How DO I Get My Home To Sell?
I was chatting on City-Data recently about the Concept of “chasing the market”, and what it means and how to avoid it. Someone made the comment about it being an “emotional result” of unhappiness with the market, and I think it brings up an interesting concept about how and why homes are priced the way they [...]
Buyers Are Still Holding All The Aces
Trying to decipher the current real estate market can be monumental task! It’s not just about the market reports, it’s about you as an individual. Who’s side are you on? Are you a seller trying to beat the market, or a buyer looking to cash in on a golden opportunity? Today I’m here to talk about buyers. Markets have [...]
Charles County Maryland Real Estate Market Report, March 2008
It’s slow, but I’m happy to say that we are seeing movement in the real estate market here again! Typically mid-March to the end of June is the busiest time of year for real estate sales, so it’s great to see the shift towards an increase in sales. We’ve seen an increase in not only [...]
Charles County Foreclosure Update March 2008
I’m seeing more and more foreclosures, and none of the government assistance programs seem to be helping stem the tide of foreclosures that we’re currently seeing. Do Foreclosures Affect My Home’s Value? In Charles County in the last 60 days, there have been 12 foreclosures that have been sold, and a total of 135 (resale AND REO) homes listed and [...]
Where is the market going?
I really wish there was some sort of easy solution to the deteriorating market that we’re seeing, but I seriously doubt we’ve hit the bottom just yet. I have a couple of points to make in this post, and they are very closely related, so I’d like to apologize in advance if this gets too [...]
Charles County Maryland Foreclosure Report February 2008
harles County has seen an upswing in Bank Owned (REO) properties for sale in the past month. In my last report, I indicated that there were 55 current foreclosures on the market in Charles County. That number has now crept up to 69. Increasing Foreclosures REO properties are rising because of the fallout from the credit crunch, [...]
Prince George’s County Real Estate Market Update
What a year 2007 has been! The real estate market has changed dramatically, and 2008 is shaping up to be a year of continued adjustment! Looking Back Currently, Prince George’s County Sales Statistics show that homes sales aredown a little over 55% from where it was a year ago (934 homes sold 11/06 vs 418 homes sold [...]
Charles County Maryland Real Estate Market Report, December 2007
Here’s the latest on the current Charles County real estate market! Sluggish sales trends are continuing to force prices down while making it increasingly difficult to get a home sold due to the market pressure. What’s Good: The number of active, available homes on the market has fallen for the third consecutive month. As fewer and [...]
Charles County Foreclosure Statistics
Foreclosures are rapidly changing our local real estate market here in Charles County. The more foreclosures we see, the more home values are impacted, and the red hot foreclosure market is showing no signs of slowing down. County Update In 2006, we saw a total of 19 foreclosures sold through Realtors. In 2007, that number has jumped [...]
Charles County Maryland Sales Statistics November 2007
Charles County has been impacted heavily during the recent market downturn (although not as badly as PG County). Sales are down roughly 33% from this time last year, average days on market is up over 85% to 132, and average sales prices have fallen as well. Prices are down roughly 3% from November of 2006, [...]
St. Mary’s County Maryland Sales Statistics November 2007
St. Mary’s County, Maryland has a few interesting points to make note of when looking at the overall market health. First, the average and median sales price of a home here has gone up. While this is a very good sign, it is not the only indication that the local market is performing as well [...]
Calvert County Maryland Market Statistics November 2007
Calvert County, much like Southern Maryland, is currently working through downward sales trends and coping with lackluster sales in the real estate market. Although sales volume is only down by roughly 10% county wide, a look at the bigger picture gives a much better indication of what the local market is actually facing. Prices are [...]
St. Mary’s County MD Foreclosures
ust a quick update for everyone keeping an eye on St. Mary’s County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in St. Mary’s County: 20 Number of Pre-Foreclosures for sale in St. Mary’s County: 18 If anyone wants to be added to the current foreclosure or [...]
Charles County Real Estate Market Report – November 2007
Wow, this has been an incredibly difficult year to try selling a home! As I’ve mentioned in previous blogs, Countrywide Home Loans was the first to take action to help ease consumer strain and keep people from being foreclosed on. It may be to early to tell, but it looks like we’re starting to see [...]
PG County MD Foreclosures
Just a quick update for everyone keeping an eye on Prince George’s County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in PG County: 250 Number of Pre-Foreclosures for sale in PG County: 489 If anyone wants to be added to the current foreclosure or pre-foreclosure mailing [...]
Understanding the Housing Slump in Maryland
There was an interesting news piece this morning on NBC 4, talking about how the Maryland housing market is going to continue like this for the next year. The report was based off of anticipated loss of tax revenues due to the housing slump, and stated that the market is not about to improve in the [...]
Charles County MD Foreclosures
Just a quick update for everyone keeping an eye on Charles County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in Charles County: 46 Number of Pre-Foreclosures for sale in Charles County: 55 If anyone wants to be added to the current foreclosure or pre-foreclosure mailing lists, [...]
Charles County Market Statistics
I’ve had a couple of people ask me recently what the current market out look is in the region, so I’m putting up a quick portion of my market report to let everybody see exactly what we’re facing here in Charles County. If anybody has any questions about the charts, I’d be more than happy [...]
St. Mary’s County Sales Statistics
I recently had a discussion on city-data.com about housing in St. Mary’s County, MD. I wanted to post a link for the median sales price of a home in zip code 20659 (St. Mary’s largest zip code) to better illustrate the market in the area. I’ve pulled the data directly from the multiple listing service (MLS) [...]
Calvert County MD Foreclosures
Just a quick update for everyone keeping an eye on Calvert County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in Calvert County: 18 Number of Pre-Foreclosures for sale in Calvert County: 21 If anyone wants to be added to the current foreclosure or pre-foreclosure mailing lists, [...]
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