FREDERICK COUNTY , MD December Housing Statistics

By
Real Estate Broker/Owner with Mackintosh REALTORS 82894

Resale inventory remain at historic low levels around the the state and especially in Frederick County. As 2022 begins it continues to be a very strong seller's market and a very frustrating one for buyers looking for available housing. 

The #1 reason to list your house in the winter? Less competition.

Housing supply traditionally shrinks at this time of year, so the choices buyers have will be limited. Using the months supply of listings from the National Association of Realtors  indicates the ‘sweet spot’ to list your house for the most exposure naturally occurs in the late fall and winter months.

 

Mortgage Rates Projected To Rise in 2022

As a buyer, your interest rate directly impacts how much you’ll pay on your monthly mortgage when you purchase a home. Rates are beginning to rise, and experts forecast they’ll continue going up in 2022 (see graph below):

 

Homebuyers: Be Ready To Act This Winter | Keeping Current Matters

As the graph shows, mortgage rates are expected to climb this year. But they’re still low when you compare to where they were just a few years ago. That presents today’s buyers with some motivation to lock in a low mortgage rate before they climb higher.

If you are considering selling; the real sale inventory in Frederick County are at a historic low level which makes this a serious seller's market. Feel free to contact me if you have any real estate questions, considering selling or purchasing a property soon. ~ 301-748-3696 ~

 

 

Comments (8)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Buzz... this looks just like a market report for the Charlotte region! The only things going up are home prices and the list to sell ratio.

Jan 21, 2022 04:51 AM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

It's still a good time in many places to sell a home because as you point out, inventory remains low!

Jan 21, 2022 04:54 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Buzz. If you are a seller now is the time to sell while competition is low. Mortgage rates will not effect the market until rates really go up. Enjoy your day 

Jan 21, 2022 05:19 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

We made it to Friday.  Thanks for your posting and have an enjoyable weekend. 

Jan 21, 2022 05:32 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Buzz, great market update for Frederick County, and 7 days is sure not long!  

Jan 21, 2022 07:18 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is a good report to share.

Take care, be safe and have an outstanding day.

Jan 21, 2022 07:33 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Buzz - the promise of higher rate has increased the urgency.  Any owner who is ready should not even wait a month to list.

Jan 30, 2022 12:11 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Buzz you are spot on as Interest Rates climb it will not be good for sellers or buyers, so with that said now is the time...Endre

Jan 30, 2022 11:24 PM