Real Estate Market Conditions for Frederick MD
May 21, 2007 by Bob Carney
Filed under Market Condition
Another week goes by an our total home count continues to climb. Buyers where are you? They are playing your song…it’s time to dance. Interest rates continue to remain low. There was more activity in real estate back in the 80s when the interest rate was double digits. Did we get spoiled? Are we still gun shy from the beginning of the decade? Sure, you had to include an escalation clause in your offer before, now, you can ask for money at closing. Sellers are helping buyer with closing cost all the time now. Offers are constructed below asking price AND being accepted! Frederick sellers want to work with you. Especially the ones that really need to sell. They can’t afford to make two house payments anymore…or one house payment for some. Please call me to find your next home in Frederick County. It is out there amongst the 2134 homes that are currently on the market. Don’t worry about how long the house has been on the market…the average is 87 days. The sellers have been cleaning, painting and decluttering their homes this time around…they have learned their lesson from the first go around. Your dream house is out there…we just need to work together to find it.


Bob Carney



