Market Report & Homes For Sale for Montgomery County Maryland
Market Report & Homes For Sale in Montgomery County Maryland
The inventory declined to record lows in the last 12 months,if you are waiting to buy. . pay attention to this critical number
The number of LISTINGS!
The market in 2008 when everything started to unravel.. we had 12,908 ACTIVE LISTINGS THEN Now? From 2008 to 2012, we have only 4500 ACTIVE LISTINGS! Homes are selling because ..the interest rates are low and inventory is at record lows!Check the video below for a review of these basic statistics that are shaping the future of real estate in our local area.
As always, we welcome your questions about our local market and input is appreciated if you think we missed anything.
This report was written by Fernando Herboso, Manager and Broker for Herboso & Associates LLC licensed in MD, DC and VA
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than Real Estate Company. are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. All listing information copyright MRIS 2012. Last updated: October 15, 2012
Distressed Property Market Report for Montgomery County as of September 2012
There are only 10 properties listed Active as Foreclosures in Montgomery County as of 10/15/2012
Short Sales?
There are over 209 Active Short Sale Listings in Montgomery County right now.
2013 will be a pivotal year for distressed properties.
The shadow inventory that everyone talks about, will not materialize in our area.. prices are just that strong!
Want to check some foreclosures now?
Why Should You Choose Us?
Our network is our prime advantage over our competition and your most important advantage over other buyers on the market today. Yet the true secret to our success is how we focus completely on our clients' needs. For us, servicing one client at a time is our top priority. That's why our agents are committed to understanding every single client's needs and strategic objectives. Our promise to you is to continuously strive to serve better and achieve the best results of anyone else available today.
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