Crown Gaithersburg MD | Low Inventory Pushes Home Prices Higher

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

Crown Gaithersburg MD | Low Inventory Pushes Home Prices Higher

 

As Gaithersburg has developed over the years, many neighborhoods are now blended with one and another without any distinction or personalities.  

Not in CROW, the newest and most vibrant community in Gaithersburg MD  

Located next to Rio, this new and unique neighborhood is separate in four groups  

* Downtown Crown  

* Crown West  

* Crown Central   

* Crown East  

If you are looking for city-living style with a flair of urban village, The Crown community has everything to offer and more.   

There is even a direct Metro Shuttle between the community and Shady Grove Metro Station to connect you directly with Washington DC and its surroundings,  

Today, I would like to talk about Low Inventory Pushes Home Prices Higher

 

According to CoreLogic’s latest Home Price Index, prices appreciated by 6.9% year-over-year from December 2016 to December 2017 on a national level. This marks the fifth month in a row with at least a 6.9% increase. 

Dr. Frank Nothaft, Chief Economist for CoreLogic, gave insight into the reason behind the large appreciation, 

“The number of homes for sale has remained very low. Job growth lowered the unemployment rate to 4.1 percent by year’s end, the lowest level in 17 years. Rising income and consumer confidence has increased the number of prospective homebuyers. The net result of rising demand and limited for-sale inventory is a continued appreciation in home prices.” 

 

 

 

READ MORE: http://www.reallynicehomes.com/blog/crown-gaithersburg-md-low-inventory-pushes-home-prices-higher/


???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.   

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Topic:
Home Selling
Location:
Maryland Montgomery County Gaithersburg Crown
Groups:
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Tags:
pricing
first time home buyers
for buyers
for sellers
crown
gaithersburg
moveup buyers
listing homes for sale crown

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Rainmaker
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Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great information from KCM...I shared it elsewhere too!

Feb 13, 2018 07:15 AM #1
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Fernando Herboso - Broker for Maxus Realty Group

301-246-0001 Serving Maryland, DC and Northern VA
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