Monday Market update

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Supply exceeds demand period

(Still recovering from Relay for Life…)

However we still have more homes than buyers.  Next week I will break down the County Absorption Rate again to see if there are any improvements.

May 19, 2008 · Filed Under Frederick Market Conditions, Market Condition

3 Comments 

Friday is For Fundraisers - Frederick Relay For Life

Get this widget!

Click here to go to MY Relay Website and Donate

Today I am at the Frederick Fair Grounds for the American Cancer Society Relay For Life. I will be twittering events and also sending pictures to my Photoblog and Flickr account. Each time I will be trying to solicit more and more donations through out the night. I will be looking for the support of my online friends as well as my off-line friends.

In order to attract my fellow bloggers…I will be sending them some link love, please take the time to visit their sites while you are here.

What happens is each one of these Bloggers will get nosy and see why some is linking back to their blog. Hopefully they would like to donate to a great cause…cause today, I am blogging for a cause.

DONATE NOW PLEASE - this will take you to a secure site.

May 16, 2008 · Filed Under Frederick Events, Frederick MD Real Estate, Fundraiser

6 Comments 

Monday morning Market update

Frederick County History

The sales continue to show a decrease over last year, however, on a more positive side, the decrease seems to be getting smaller.  Are we finally seeing signs of the bottom of the market?  A recent article in the Wall Street Journal seems to see other signs that point to a more normal market.  This process didn’t happen over night so the repair is not going to happen over night.

Most people forget that the current housing bust is nearly three years old. Home sales peaked in July 2005. New home sales are down a staggering 63% from peak levels of 1.4 million. Housing starts have fallen more than 50% and, adjusted for population growth, are back to the trough levels of 1982.

I remember almost to the day when this started, I started to see signs the following weekend after the 4th of July.  The showings on properties came to a screeching halt.  Honestly it was like someone just flipped a switch.  I had a very eager seller, and no explanation on why we went from 4-6 showings on a weekend to almost none.  (his house sold almost year later for $50,000 less than what was expected.)

The county housing reports are out for April.  If you have the time take a look that past reports and you will see a what I am talking about above.

If you need a closer look at a community around you, contact me for a Market Analysis.

May 12, 2008 · Filed Under Frederick MD Real Estate, Frederick Market Conditions, Market Condition

3 Comments 

Fridays Foto for Short Sales but not real estate

Well not exactly a short sale, but a short sales person maybe… I passed Connie Snook’s little car and couldn’t resist a Friday Foto.

She may drive a short car, she might even be short, but I bet she’s not short on customer service.

I wonder how small she can make your insurance premiums??? Give Connie Snook a call at 301-695-7896. Or you can stop by her website at conniesnook.org and request a quote. She is located at 1 Mt Olivet Blvd, Frederick MD 21701.

This is not an endorsement only a photo op for her car. ; )

Have a great weekend.

May 9, 2008 · Filed Under Frederick Business, Frederick MD Real Estate, Friday, Fun

8 Comments 

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