Real Estate Market Assessment - Annapolis, Maryland - 07/15/08 01:08 PM
The buyers' market continues with no cooling in sight. Sellers, now facing the dog days of summer, are likely to see the inventory level reach new highs and falling prices hit new lows with no relief in sight.
In Anne Arundel County in June the total sold volume was down 31.8% from June 2007. The average sold price was down a modest 3.3%. The number of homes sold was down 29.4% and the average days on market was up 28.5%.
There were 477 units sold in Anne Arundel County in June 2008, up from 407 units sold in May. The number … (0 comments)

Real Estate Market Assessment - 07/02/08 02:57 PM
More of the Same for 12 to 18 More Months
The current real estate market is likely to continue to remain the same for the next six to twelve months. After the upcoming election it may take six to twelve months for the new President to implement policies that will have an impact and stopping the recession if we haven't plummeted into a depression before then. After the election, consumer confidence may return, but, not until oil prices ease (which are a large component of everything we purchase, from food to fuel). It is difficult to imagine that conditions are going … (0 comments)

 
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Stephen Howell

Selling Annapolis MD Luxury and Waterfront Homes

Annapolis, MD

More about me…

Coldwell Banker Residential Brokerage

Address: 170 Jennifer Road Ste 102, Annapolis, MD, 21401

Office Phone: (410) 224-2200

Cell Phone: (443) 994-8043

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Real Estate Market Assessment, Conditions, and Outlook for Maryland, Anne Arundel County, Annapolis and the surrounding areas of Arnold, Crownsville, Riva, Edgewater, and others.

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