Yesterday, I received my January issue of
Maryland Realtor and I was thrilled to see this title on its cover:
The Recession has Ended in Maryland's Housing Market.
Basically the article mentioned that the economy is again expanding and sited facts about investments, sales of domestic products, exports, the job market, and government spending to name a few.
With regard to the housing market, Anirban Basu, author of the article stated, "Next year will likely be a year associated with still rising unit sales and still sluggish price appreciation... Were it not for the ongoing foreclosure crisis, one could say with confidence that median and average sales prices will rise in Maryland next year."
Although these are good signs, I am concerned about how the end of the Homebuyer Tax Credit will affect home sales. Only time will tell.
So if you are thinking about taking advantage of the
Homebuyer Tax Credit while it lasts, check out our list of
Best Buys, sign up for our free service that gives you
unrestricted access to the MLS, or simply call us at 410-215-4201 and we'll help you get started with your home search.
Wishing you sunshine everyday and the home of your dreams,
Jeri