Columbia Real Estate Market - View Columbia Real Estate Market Trends in Maryland

Winter 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Columbia. Low rates, in addition to growing financing options, along with falling home prices makes a home purchase a great value! Call now for more information at 443-832-3139
Average Home Price	$325,000 - View Graph Trend

Average Price Compared to Last Year	Up 0-5%

Average Time on Market	60-90 days

Best Selling Price Range	$450,000 - $499,000

Worst Selling Price Range	$200,000 - $249,000

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	No Change

Market Trend	Decreasing

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Columbia is	Increasing

Seller Activity for the past 90 days in Columbia is?	Decreasing

Multiple Offers?	No

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	15-20%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	100% Financing is available with ï¿½NO MONEY DOWNï¿½ w/$2,500 Closing Costs Help, to those that qualify, per NFCU.

Housing Inventory	Good supply - Some Prices

Inventory Comments	INVENTORY: ACTIVE LISTINGS: 125-NOV 2011/162-NOV 2010 * NEW LISTINGS: 28-NOV 2011/44-NOV 2010 * NEW UNDER CONTRACTS: 23-NOV 2011/20-NOV 2010

Greatest Activity	First Time Buyers

Reason to Buy/Sell	Job Growth

Nearest Metro Area	Washington/Baltimore Metro Area

Housing Hot Spots	Clarkville, MD & the River Hill School District within the Howard County area are considered ï¿½Housing Hotspotsï¿½.

Average Sold Price	$325,000 - View Graph Trend

Columbia Local News

News for Columbia, MD - January 1st, 2012 9:26pm
100% Financing is Available!! NO MONEY DOWN!! $2,500 Closing Costs Help!! Call me NOW to find out more info at 443.832.3139

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Gwendolyn Davis

443-832-3139

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Mortgage Rates

– Feb 13th, 2012 –
---------------------------------

30 yr. fixed rate: 3.89%
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Columbia Real Estate Market Trends – Maryland

Columbia Real Estate Market Conditions and Trends