You may have heard lately on the national news that the Real Estate Market is flat. Or you may have heard that the Real Estate Market is down, or not doing well. But since Real Estate is sold on the local level, what's happening in other areas just doesn't apply here.
I've been working with a family the past few weeks - they are looking to purchase a single family home with an in-law suite. They want what the area has to offer - good schools, good location, and a nice community.
We have place bids on three different homes in the past two weeks. On the first two homes, my buyers were outbid, by other buyers willing to pay over the list price. Currently, we are in a competing bid situation on a third property. My buyers love the house and are willing to pay over the list price in order to get this home.
Needless to say, in this part of Maryland, in this price range (approximately $350 - $400,000), homes are moving.
The homes below represent a very small sampling of what's happening in our local market: these homes are all located in either Howard, Carroll, Baltimore or Frederick County, have all sold in the past six months, and were all on the market for less than 30 days:
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