Damascus Maryland Homes For Sale : Is this a Good Time to Buy?
Is this a Good Time to Buy a house in Damascus Maryland ?
If you know the median price of a home in the Montgomery County Maryland area. .you will soon find out that Damascus is simple the most affordable city in Montgomery County to own a single family home. .But the question remains for many future homeowners. .
But,....is this a Good Time to Buy a house in Damascus Maryland ?
My advice is to invest in your future. Buying a home gives you a chance to start building equity, as you are going along investing in your future. A mortgage payment is a forced savings for you. Even if you end up selling your home in five or 10 years later, you could profit from the sale and invest that money elsewhereIs this a Good Time to Buy a house considering the current interest rates?
The average rate for a 30-year fixed rate loan is nearing around the 5 percent mark at the end of 2013. .While this is an increase from the historic low of 3.35 percent at the end of 2012, That difference are outweighed by the benefits because . .it's still an attractive rate for prospective home buyers.
Fact: Damascus Maryland homes for sale are very far in between, and the ones priced correctly seem to remain active for just a few days. .
See video for an amazing opportunity for Damascus MD
This year, I have talked with a few families that are relocating because of the value the city offers
"There are no other parts of Montgomery County MD with such housing affordability as it is in Damascus Maryland"
Let's look at some single family homes in the areas of Gaithersburg, Germantown and even Clarksburg . . Let's compare these sales of all single-family homes in the last six months and you will see a huge difference in prices alone . .
with a lot more land!
If you do decide to look at Damascus Maryland real estate, we have local Buyer's Agent that are ready to work for you.
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