Perry Hall Real Estate Market Report - Baltimore, Maryland
Perry Hall, Maryland - Baltimore

Market Commentary Provided by Susan Rahn Associate Broker
If you can qualify, now is an exceptional time to buy a home in Perry Hall. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 443-854-0633

  Report Date   Fall 2009  
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Susan Rahn Associate Broker
Susan Rahn Associate Broker
Keller Williams Realty Flagship of Maryland
Perry Hall, Maryland
443-854-0633
Homes@SusanRahn.com
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Keller Williams Realty Flagship of Maryland
  Nearest Metro Area   Baltimore
  Buyers’ or Sellers’ Market   More sellers than buyers
  Average Time on Market   More than 120 days
  Market Trend   Decreasing
  Housing Inventory   Good supply - Some Prices
  Average Home Price   $350,000 - View Graph Trend
  Best Selling Price Range   $200,000 - $249,000
  Worst Selling Price Range   $550,000 - $599,000
  Compared to Last Year   Down 5-10%
  Prices As % of Asking Price   90-95%
  Multiple Offers?   No
  Greatest Activity   First Time Buyers
  Buyer Activity for the past 90 days in Perry Hall is   Increasing
  Seller Activity for the past 90 days in Perry Hall is   No Change
  Is Financing Available For Qualified Buyers in Perry Hall?   Yes
  Comments on Financing For Qualified Buyers   FHA loans have become popular again. As of July 1 almost all loans require at least 3.5% down payment.
  Existing Home Prices for the past 90 days are   No Change
  What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?   5-10%
  Housing Hot Spots   Most cities within the Baltimore County area are considered 'Housing Hotspots'.
  Reason to Buy/Sell   Job Growth
  Average Sold Price   $350,000 - View Graph Trend
 
       
       
  National Real Estate Market    
  National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

Click here for full article...
     
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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