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While there has been some variation among the zip codes, the bottom line is that home sales have slowed significantly. That is to say the number of homes sold, not necesarily the price. As I frequently tell people, to determine what prices are doing you really have to look to the neighborhood, or even street level for any precise ...
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For 2007, Howard County saw the number of homes sold decrease from 4057 to 3467 (a 14.54% decrease), with a .58% increase in average price, from $453,751 to $456,372. The Average Days on Market increased from 55 to 86.
The absorption rate is the number of homes absorbed (sold) in the market over a period of time. This is a useful measure ...
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Both from my own analysis of website and virtual tour traffic, and anecdotally from other agents, it appears that during the First two weeks of January there is increased buyer interest in the area. Perhaps people are starting to realize that now is a great time to buy with great interest rates and lower prices, or perhaps there is a ...
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Once again the statistics show just how confusing the housing market situation is. This confusion is only exacerbated by the constant drumbeat in the media about how bad things are. Houses are taking longer to sell, but in 4 of the below zip codes average sale prices increased compared to one year ago, and that was long before the ...
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As you may have seen, activity at Hebron Manor has apparently stopped. Since I live nearby, several of you have e-mailed me privately asking what is going on there, and expressing concern with the pace of the project.
We are in a tough market right now, and most builders are building townhome neighborhoods section by section, sometimes not ...
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NarrativeAs one of America's Best Places to Live 2006, Columbia / Ellicott City - (#4 -Money Magazine), Howard County has seen the benefit of rising prices over the past few years, followed by a relatively moderate price correction over the last few months. For August 2007, the number of homes sold was down 23% over last year, with the average ...
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Howard County is a successful melding of old and new, urban and rural, where the rolling green hills of the Piedmont meet the rocky fall line of the glaciers. From the small town flavor of historic mill towns to the thriving model city of Columbia, Howard County makes everyone feel at home. Conveniently located in the heart of central Maryland ...
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