The Active Rain Realtor Nationwide Survey-(Prince George's County Maryland)

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Real Estate Agent with Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC SP98364271

This is response to Bob Haywood's blog Introducing The Active Rain Realtor Nationwide Survey.

My market is Prince George's County Maryland.  

Question 1: My market area is Moderate. my phone is ringing occasionally,some sellers are selling and some buyers are buying.

Question 2: My current Housing Market Conditions .... Our sellers are reducing prices and buyers are buying.

     Prince George's County Maryland Real Estate Market is booming. According to the latest Market report,787 houses in Prince George's County Maryland were sold compared to this time last year when 424 Prince George's County Maryland houses for sale were sold. That is a 85.61% increase.

     Average sold price of a Prince George's County Maryland house was $197,801 down from $245,146 in April 2009 a 19.31% price drop. Out of the 787 houses that were sold,168 of them were cash purchase. Some Prince George's County MD Cash home buyers and investors who are buying these houses in Prince George's County MD are looking past the Mold Issue in some of these Prince George's County MD Houses for sale because they see the potential in them.

     

      Most of the housing activity in Prince George's County Maryland were in the $200,000-$249,999 price range where 140 houses were sold. Most first time home buyers are buying houses that needs very little work and are staged properly.

 

     Some first time home buyers who have saved up just about enough money for a down payment and closing cost can't afford another $5,000 or more to spend on renovating a house.  First time home buyers are looking for move in ready houses. Some first time home buyers are also buying houses now because home prices are still dropping making home now more affordable to them.

The Active Rain Realtor Nationwide Survey-(Prince George's County Maryland)

  

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Rainer
402,203
Akil Walker
TriStar Realty - Bowie, MD

Lanre,

 

Good information.

 

thanks

May 23, 2010 12:43 PM #1
Rainer
31,693
Allen Shipman
Shipman Partners - Austin, TX

Good response Lanre.  I like that you went the extra mile.

May 23, 2010 12:55 PM #2
Rainmaker
808,239
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

Akil Walker (Exit Premier Realty)-Thanks Akil. Glad to see that you have finally register. Keep writing more blogs so I can make a comment on it and others can find you here as well. Great post.

Allen Shipman (Shipman Partners)-Thank you sir. Just want to provide my readers with good valuable content.

May 23, 2010 01:22 PM #3
Ambassador
2,300,817
1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Lanre,

It will be good when they pull all of this info together.  Glad to see you participating.

May 23, 2010 02:46 PM #4
Rainmaker
248,047
Matt Grohe
RE/MAX Concepts - Des Moines, IA
Serving the metro since 2003

Lanre: Great synopsis and map. Pretty cool stuff.

May 24, 2010 03:44 PM #5
Rainmaker
1,814,474
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hi Lanre -- what a great idea, to add the map. Visuals are so important. Best to you,

Lottie

May 25, 2010 02:40 AM #6
Rainmaker
542,887
Jeff&Grace Safrin
F.C.Tucker 1st Team Real Estate - Valparaiso, IN
SpousesSellingHousesTM

Hi Lanre - thanks for commenting on our blog - nice response to the survey - I will have to respond when i have time lol

have an awesome summer selling season,

Sincerely,

Grace

May 25, 2010 08:58 AM #7
Rainmaker
243,596
Lina Robertson
RE/MAX Solutions and RE/MAX House of Brokers - Springfield, MO
REALTOR® Serving Springfield, Nixa and Ozark, MO

Hi Lanre - excellent work, as always!  Love your use of the map!  Hope you're doing well!  Best of luck to you!

May 25, 2010 04:53 PM #8
Rainmaker
808,239
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

Lina Robertson, ozarks-realestate.com, Springfield MO Real Estate For Sale (RE/MAX Solutions)-Thank you very much Lina for always contributing by making a comment on my blog. Have a safe Memorial Day Weekend.

Jeff & Grace Safrin, Broker / Owners, Northwest Indiana (F.C.Tucker 1st Team Real Estate)-Thank you Grace and Jeff. You do the same as well. Have a safe Memorial Day Weekend.

Lottie Kendall, CA DRE#01215160 Seniors Real Estate Specialist (RE/MAX Today)-Thank you Lottie. I want my blogs to be more appealing to customers and readers. I am still working on that. Have a safe Memorial Day Weekend. 

Matt Grohe Remax Des Moines (RE/MAX Real Estate Concepts)-Hey Matt. As always thanks for making a comment on my blog. Always good to hear from you. Have a safe Memorial Day Weekend.

Judi Barrett Integrity Real Estate Services, 580-212-5946-Thank you. And thank you for making a comment. Have a great Memorial Day Weekend. Great post.

May 30, 2010 08:44 AM #9
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Rainmaker
808,239

Lanre-"THE REAL ESTATE FARMER" Folayan

I don't make promises.I deliver results.SOLD HOMES
Are you in the market to buy or sell your house? Call me now.
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