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home prices: To Sale or to Rent? - Part 1, Montgomery County, MD
- 01/24/09 11:04 PM
A year and a half ago when I noticed that the market was beginning to slow down, I suggested owners might consider renting their properties if they couldn’t afford to sell at the dropping prices. Since then, I’ve had some experience with the rental market and have heard others’ stories – enough to think that the rental market might also be slow.
So as the good journalist I used to be, I decided to do some research. I looked at all the properties that had rented in Montgomery County, MD since January 1, 2008. 4283 properties were rented through … (3 comments)
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home prices: September Montgomery County, MD Housing Stats
- 10/13/07 12:29 AM
The Greater Capital Area Association of Realtors (GCAAR) has just released its September housing stats showing that both Montgomery County, MD condo and single family home inventories were slightly up over August, but that contracts continue to decline. September inventory was at its highest in over a year and contracts were at their lowest.
Despite the bad news, average and median prices of both single family homes and condos remain at their highest - $626,091 average and $510,000 median price for single family homes and $326,794 average and $288,000 median for condos.
More details and trends are available … (0 comments)
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A year and a half ago when I noticed that the market was beginning to slow down, I suggested owners might consider renting their properties if they couldn’t afford to sell at the dropping prices. Since then, I’ve had some experience with the rental market and have heard others’ stories – enough to think that the rental market might also be slow.
;)
;)
