Frederick MD | 58% of Homeowners See a Drop in Home Values Coming

By
Real Estate Broker/Owner with Maxus Realty Group - Broker 301-246-0001 Broker - Realtor - CEO

Frederick MD | 58% of Homeowners See a Drop in Home Values Coming

 

Frederick MD Local Market Tidbits:

In order for us to provide comprehensive real-time market data and in-depth analysis for the benefit of all our clients, we use this blog to bring you our expertise and provide you with world class service

From an advisory point of view, our local knowledge will benefit you financially when buying a home through us.

From a valuation point of view,  our marketing expertise will augment the results you are looking for when selling a home.

From an activity point of view, these neighborhood in Frederick are the most active: 

 

* Fort Detrick

* Wormans Mill

* Ballenger Creek Center

* Clover Ridge (Hill) 

* Monocacy (Park, Crossing, Mile) 

* Taskers Chance

* Hillcrest orchards

* Monarch Ridge

* Holly Ridge

* Manors At Ballenger

* Spring Ridge

* Brunswick & Brunswick Crossing

 

Today I want to talk to you about  58% of Homeowners See a Drop in Home Values Coming

 

According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within the next 2 years.

After what transpired just ten years ago, we can understand the concern Americans have about the current increase in home prices. However, this market has very little in common with what happened last decade.

 

The two major causes of the housing crash were:

1.- A vast oversupply of housing inventory caused by home builders building at a pace that far exceeded historical norms.

2.- Lending standards that were so relaxed that unqualified buyers could easily obtain financing thus enabling them to purchase a home.

 

READ MORE: http://www.reallynicehomes.com/blog/frederick-md-58-homeowners-see-drop-home-values-coming/


???Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system
www.99SOLD.com - Call or text 240-426-5754 for more information.

Comments (0)

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?