Busy Market

June 4, 2010: The Real Estate Market here in Mid-Maryland is showing signs of following a traditional trajectory this year. It has been a very robust Spring Market for Howard and surrounding counties. Prices are down and so are interest rates. Homes are affordable to first time and downsizing buyers in a real way this year and sellers are more realistic about prices. Foreclosures and short sales are here to stay for a while so prices will remain low for some time to come, but already statistics are bearing out what I have been experiencing, a slight decrease in the volume of homes on the market and a slight increase overall in the value of homes in the most coveted areas.