A few years ago, new homes in Fort Washington, MD in southern Prince George County flew off the market. Builders flocked to the area like this was the last area to build on earth. Buyers stood in line and actually slept outside to put a contract on a home in Fort Washington.
Today, our area new construction projects have come to a halt. Because of this, Fort Washington Area homes have Good and Bad news. The Bad news is that most of the people that slept outside in line to put a contract on a home, could not afford the home they purchased. Most ended up in foreclosure or some were sold via a short sale. The Good news is that many homebuyers are now coming back into the market to purchase the short sale homes.
To buy a short sale in Fort Washington is not difficult as there are currently 227 actively listed short sales for sale in Fort Washington, MD. Now due to two major developments that have happened or will happen, Fort Washington is, again, a sought after area to purchase a home. The National Harbor gave Ft Washington, MD a huge national footprint. Also, planned is a long awaited strip mall that a Target and some other large corporations are planning on building. This is happening in the Steeds Rd/Piscatway area really soon.
Both of these developments are causing homes in Fort Washington to stay on the market much less than the average time on the market. Surrounding these two developments are builders who are now having less trouble selling their spec homes. If you are considering new construction in Fort Washington, MD for an upcoming home purchase, visit thephenomagent.com and let us show you how our experience working with builders like Churchill Group, Ryan Homes, Midatlantic and Toll Brothers can assist you in purchasing new construction in the Fort Washington, MD area.
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