As we say good-bye to 2008 and welcome the New Year, we can't help but wonder what 2009 will bring and hope for a more robust real estate market.  Actually, the 2008 market wasn't all that bad.  Unfortunately there were many short sales and foreclosures, but there were also great opportunities for buyers (both first-time homebuyers and those looking to trade up in a home), and there were lots of home sales where most sellers made money by selling their homes (perhaps they didn't make as much money as they would have in a better market, but they still made money).

Looking forward, I think that we'll still see plenty of short sales and foreclosures and it will still be a buyer's market, but I think that we'll see an ever so slight shift toward a normal market in the spring.  The positive effect of a new president, stabilization of the economy, and the fact that the job market in Baltimore remains strong will most likely halt the continuing decline of housing prices.

Right now and continuing through February we will probably see rock bottom real estate prices in the Greater Baltimore Metropolitan Area.  So, if you are a first time homebuyer or if you are a bargain hunter looking for a great buy, now is the time to make a move!  Check out our BEST BUYS for some really terrific deals and call us if you'd like to visit one of the properties.  We'll be glad to help you.

In the meantime, Jesse and I wish you and your families a joyous holiday.

Wishing you sunshine everyday and the home of your dreams,
Jeri