Great Spring Market for Montgomery County, Maryland.

Things are springing forward, it seems. We are starting to see momentum in the housing market and it is a welcome sign.  Though we are still not done with wiping the foreclosures and short sales entirely off of our inventory, the forecast is that they should be winding down towards the end of this year.  If you are looking for a honest agent to list or help you purchase a short sale home, feel free to contact me as I am a CDPE agent. (Certified Distressed Property Agent)

Rockville, MD – (March 10, 2011) – According to data released today by RealEstate Business Intelligence (RBI), an MRIS company, the Washington, DC metro area housing market showed the largest year-over-year increase in pending home sales although housing prices remained weak.

“There was a 33 percent year-over-year increase in the number of contracts signed in February, the largest increase in more than a decade,” says housing market expert and RBI analyst Jonathan Miller. “The number of signed contracts remains 13.7 percent below the ten year average but activity has begun to expand. Unusually restrictive mortgage lending conditions continue to keep housing prices in check.”

With rates still low it’s a great time to think seriously about getting off that fence and find a great house at a great price.

Boyds, Potomac and Germantown Homes  Vicki Reyes

Montgomery County Condos BJ Matson

Mount Airy Homes and Military Relocation Specialist  Sharleen Kutumbris

Clarksburg MD Agent Lisa Sabelhaus

 

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