Housing Market in Frederick MD

We are starting to close in on another year.  It’s hard to believe that 2007 is almost in the bag.  The Frederick Fair is here, the leaves are about to fall, and I mean fall, since it has been so dry.  Time sure flies when you’re having fun….  The Frederick County housing inventory has climbed to 2338 as of right now.  The new homes to the market have pretty much been flat all year with an average of 18 new listings every day.  Granted some of the listings were ones that were previously listed with another agent.  Sellers have been pretty frustrated in this market.  They haven’t been getting the price that they truly wanted.  It’s not the agents fault…the market determines the price.  With Foreclosures in Frederick County on the climb, (Currently 95 in Preforeclosure and 226 in Foreclosure status according to RealtyTrac.) pricing is a moving target.  Unfortunately, foreclosures and short sales are your next appraisal and it will impact your sales price.  You will need to lower your price, if you want to move on to the next step…this is a reality.  Loans are harder to get and also harder to keep together.  With all the changes the Mortgage market is going through, sometimes they are disintegrating before they get to closing.  So here, as the seller you will also need patience.  Lenders have been giving out money way too easily and now we are paying for it.   Paying for in a sense that we have been spoiled.  We have been used to lenders jumping through hoops to give out money.  Now they make the buyer jump through hoops to get the money…not as easy any more. 

Here’s a chart of a few numbers over the past year.

Housing Market update Frederick MD

Past market updates;

Market Conditions around New Market MD

September 10, 2007 by  
Filed under frederick real estate, Market Condition

Lake Linganore New Market MDLet’s take a closer look at the New Market area.  This has always been an attractive area with all the historic buildings downtown and the ever popular Lake Linganore area.  Something about water and people…we just gravitate to it.  We enjoy its calming affect.   Conveniently located just off Interstate 70, you have a quick commute to Baltimore or Washington DC.

You have a variety of homes around the lake; small to moderate townhomes, small to luxurious single family homes.   With this amount of selection in homes, home buyers have the opportunity to live in this area at any price.  Currently on the market in New Market;

  • 138 Single Family Homes  – $129,900 to $999,999
  • 20 Town Homes  -  $234,900 to $424,900
  • 4 Condos  -  $207,500 to $449,900

In the last 30 days, there have been only 12 sales in zip code 21774.  Below is a list of homes that sold in past 30 days;

  • SFH – Waters Edge – 6 BD 4 BA – $657,500
  • SFH – San Andrew Dr – 4 BD 4 BA – $540,000 ($20,000 seller help)
  • SFH – Douglas Ave – 4 BD 2 BA 2 HB – $430,000 ($7,500 seller help)
  • TH – Mussetter Ct – 4 BD 3 BA 1 HB – $344,500 ($10,000 seller help)
  • TH – Steamboat Way – 3 BD 2 BA 2 HB – $289,900 ($3,500 seller help)
  • TH – Steamboat Way – 3 BD 1 BA 1 HB – $277,750 ($11,000 seller help)

There you have a quick snapshot of the what the Market Conditions are New Market MD.  If you have any questions, please don’t hesitate to contact me. 

Related Links:

The Frederick Fair – List of events!!! (2007)

September 6, 2007 by  
Filed under Food, Fun

The first of the Vender TrailersLook, Look!!! Do You know what that means? The fair is coming, the fair is coming… I know I sound like a kid waiting for Christmas…I am!!! This is the first vendor trailer getting ready to pull into the Fair Grounds.

I love the Frederick Fair. Not the rides, not the cotton candy, not the cows, not the contest…but the FOOD. OK, if you haven’t noticed my petite figure, I like to eat. It’s one thing I have in common with everyone I know. Ya gotta eat sometime!!! The fair is only 9 days long…and I need to get my share of all the goodies until next year. Some of my favorites;

  1. Hemp’s Meats – Pit beef sandwiches are top notch!!! Then the pulled pork, then…ohh I can’t take it.
  2. Butterfly Potatoes – Like one continuous potato chip with cheese and ketchup (Heinz only)
  3. Gyros – This guy is from Bethel Park, PA and works it by himself all week. I don’t know how he does it, but keep on doing it!!!
  4. Sweet Potato Fries sprinkled with a little bit of cinnimon – Just added Favorite, Thanks Des!
  5. Funnel Cakes finishes off dinner if I can walk at this point.
  6. (saving this space for future Frederick Fair Foods)

I tracked down all of the events for this year from the The Great Frederick Fair.

  • GRAND STAND EVENTS
    • Sept 14th – Horse Pull – 7 PM – FREE
    • Sept 15th – Gretchen Wilson – 7:30 PM – $50
    • Sept 16th – Oak Ridge Boys – 7:30 PM – $35 & $40
    • Sept 17th – Tractor Pull – 6:30 PM – $20
    • Sept 18th – Demolition Derby – 7 PM – $20
    • Sept 19th – Gary Allan – 7:30 PM – $30 & $35
    • Sept 20th – Rockin Road House – 7:30 PM – $30 & $35
    • Sept 21st – Lonestar – 7:30 PM – $35 & $40
    • Sept 22nd – Joe Nichols – 7:30 PM – $30 & $35
  • SPECIAL NIGHTS
    • Sept 14th – Pay-One-Price Rides – 5PM to close
    • Sept 15th – Pay-One-Price Rides – 9AM to 5PM
    • Sept 18th – Pay-One-Price Rides – 2PM to close
    • Sept 19th – Carload Night Lot D – $45
    • Sept 20th – Pay-One-Price Rides – 2PM to close
    • Sept 22th – Pay-One-Price Rides – 9AM to 5PM

See you at the Fair!!! (I’ll be the one with the cheese on my shirt, and a smile on my face!)

Walkersville High School Football Schedule 2007

September 4, 2007 by  
Filed under Fun

Walkersville High School FootballThe Lions are getting ready for another year in football.  Coming off a disappointing season last year with a couple more losses than wins…can they turn out a couple more “W”s this year?  Get to the field and support your Lions!!!

Here is your Walkersville High School Football Schedule for 2007.

All games start at 7:00 PM except 9/20/07 which starts at 7:30 PM.

  • 9/7/07 HOME vs Winters Mill HS (Westminster, MD)
  • 9/14/07 HOME vs Century HS (Sykesville, MD)
  • 9/20/07 AWAY vs Catoctin HS (Thurmont, MD)
  • 9/28/07 AWAY vs Brunswick HS, MD
  • 10/5/07 HOME vs Smithsburg HS, MD
  • 10/12/07 AWAY vs Tuscarora HS (Frederick, MD)
  • 10/18/07 HOME vs North Hagerstown (Hagerstown, MD)
  • 10/26/07 HOME vs Frederick HS, MD
  • 11/2/07 AWAY vs South Hagerstown HS (Hagerstown, MD)
  • 11/9/07 AWAY vs Middletown HS, MD

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