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Hagerstown MD Short sale update 2nd Quarter 2010

By
Real Estate Agent with Re/Max Achievers

Short sales in Hagerstown still represent a good portion of the real estate market. Having an experienced Realtor is crucial whether you plan to buy or sell a short sale property. Many agents still do not have a sufficient track record for closing short sale transactions and thus many of these tranasctions are doomed from the beginning.  A number of issues need to be addressed when dealing with these types of distressed properties.v

Hagerstown Real Estate Market- Statistics 2nd Quarter 2010 (Washington County)

Currently:

1137 Active Residential properties in Washington County Maryland: 108 of these are Short sale listings

215 Under contract: 57 of these are short sales

Sold:

April- Total:115  Short Sales:10

May- Total:142  Short Sales:13

June- Total:151  Short Sales:17

July-  Total:88  Short Sales:7

 

Contact me to discuss if a short sale may be right for you.

 

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Frederick Real Estate

Roy Kelley
Retired - Gaithersburg, MD

Good report. Many buyers may wish to avoid the short sale pre-foreclosures. Hagerstown offers a good selection of REO listings that are much more likely to reach settlement.

 Blooming for Maryland home buyers.

Aug 02, 2010 07:51 AM