Market Update for Glen Burnie, Anne Arundel Co., Maryland for the week ending February 7, 2009
By June Piper-Brandon, Creating Generational Wealth Through Homeownership
(Coldwell Banker Realty)
The market remains fairly stable despite the drop in interest rates. The number of new listings has decreased but we are still seeing a similar number of homes going under contract and settling. I'm surprised I'm not seeing more individuals making the decision to buy with so many great deals available. The weather has been changeable from record breaking cold to unseasonably mild this week, with temperatures today reaching 54 degrees. Many people have put off their home buying for the seasonal activities of Christmas, Hannukah and other festivities. Now with the economic stimulus changes and low interest rates it will be interesting to see how this all changes. Overall, there has never been a better time to buy, than right now. These figures are taken directly from our MRIS syste...
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