Admin

Prince Georges County Market Conditions

By
Real Estate Agent with Keller Williams Preferred Properties

Buyers are out and buying up our foreclosed properties.  The inventory is still high but investors looking for bargains are beginning to see the bottom and are beginning to purchase.  Our area is a suburb of Washington DC and in less than 30 minutes you can be in the heart of the capitol city or in the midst of farm country which ever you choose.  Property values have continued to decline about 7% less that this time last year in some communities, which creates some great opportunities for sellers looking to move up to better neighborhoods and for people relocating to this area.  The job market is stable and though we are not recession proof we have not been hit as hard as other areas of the country. Now dream homes are more affordable

Comments(0)