Is Good News Afoot? Charles County Maryland Real Estate Market Report, July 2008
Could it be? Is the real estate market in Charles County Maryland actually looking up? It’s to early to tell right now, and the pressure caused by recent interest rate increases has pushed loan applications down 6% over the last week, and pending sales are down right now as well.
I know [...]
Charles County Maryland Real Estate Market Report, March 2008
March 20, 2008 by Jonbenya · Leave a Comment
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 [...]
Calvert County Maryland Real Estate Market Report, December 2007
January 14, 2008 by Jonbenya · Leave a Comment
Here’s the latest on the current Calvert 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 again. As fewer and fewer homes are listed
for [...]
Charles County Foreclosure Statistics
December 11, 2007 by Jonbenya · Leave a Comment
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, [...]
Charles County Maryland Sales Statistics, November 2007
December 10, 2007 by Jonbenya · Leave a Comment
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 [...]
St. Mary's County Maryland Sales Statistics, November 2007
December 10, 2007 by Jonbenya · Leave a Comment
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 [...]