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real estate market: June volume of new listings at historic low in Washington DC Metro Area
- 07/14/12 02:30 AM
June volume of new listings at historic low in Washington DC Metro Area
"Active listings in the Washington DC Metro Area continue to shrink, June volume of new listings at historic low. There were 10,374 active listings in the DC Metro Area at the end of June, 33.2 percent below June 2011, and 32.2 percent below the 10-year June average of 15,291. This is the 16th consecutive month of year-over-year declines in active inventory. The same trend can be observed with new listings. In fact, the 5,588 new listings entered in June are the lowest June-level RBI has on record, with … (14 comments)
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real estate market: Prince George's County, MD Real Estate Market
- 06/16/11 10:42 PM
Prince George's County, MD Real Estate Market
There are 4,638 active listings of homes for sale in Prince George's County MD. 625 (13%) of the homes for sale are lender owned foreclosures. 1,768 (38%) are short sale pre-foreclosures. 51% of the available properties are lender owned foreclosures or short sale pre-foreclosures.
Prince George's County MD Real Estate Market Statistics: During May, there were 738 closed sales, down 29.63% from last year. The average sold price was $172,594, down 17.71% from last year, with an average of 104 days on the market. The median price was $158,500, down 17.71% from last year. Homes … (15 comments)
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real estate market: Blooming for home buyers
- 03/14/11 04:34 AM
Blooming for home buyers
We have a beautiful sunny Monday morning in Gaithersburg, Maryland. Our office is busy with contracts being written for home buyers that viewed available properties over the weekend.
Prospective home buyers are reading the news about the mortgage market and smart buyers understand that things we have taken for granted for many years will be changing. There is market pressure for higher interest rates and mortgage lenders are recommending early lock-ins on rates. Fees are to increase on FHA and conventional loan products. The maximum loan amounts for FHA financing are scheduled to decrease. The down payment … (6 comments)
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real estate market: Montgomery County MD Home Sales Trend Indicator
- 04/09/10 03:23 AM
Montgomery County MD Home Sales Trend Indicator
Prospective home buyers and sellers should be aware of the home sales trends in Montgomery County, Maryland. This report compares the statistics for the past month with the same month last year. There were 2,114 new listings taken in the month and the total of pending contracts was 1517 for the month. The total dollar volume sold was up 16.30%. The number of housing units sold and settled was 779 from 649 last year. The average days on the market was 70 compared with 116 days last year. The average sales price … (0 comments)
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June volume of new listings at historic low in Washington DC Metro Area
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