A couple of posts back I wrote about a great end-of-year settlement for a nice Split Level in College Park Woods. The house hadn't been on the market that long and the previous owner had kept it in good shape.
Now, just days after that one settled an offer cam in on another listing "across town" from College Park Woods near the Town of Berwyn Heights. We're really just talking a couple of miles here. Still a great neighborhood with great access to the University of MD and major employers as well as major commuter routes and METRO.
You can read more about the experience here.
I'm beginning to wonder if College Park is not undergoing some kind of renaissance or if it just so happens that there is a kind of "perfect storm" of circumstances: low mortgage rates, low home prices, and Sellers with equity in their home.
Right now we're in the home inspection phase. We need to get past that and the appraisal. Then it should be smooth sledding.
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