Annapolis Maryland Luxury Real Estate

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Market Assessment - Spring Conditions

Over the last couple of weeks in the $0-500K price bracket it seems like property is starting to move.  Perhaps this is just an early spring market, or there is some demand that hasn't been satisfied, but, now that demand is being fulfilled.  I've been working with a few clients who after looking at a house, thinking about it, finally getting interested in it, only to find that there were now multiple contracts to contend with!!!  Hmmm ... feels like a "tipping point" from buyer's market to seller's market and maybe we're transitioning into a new market.  You see, it's like a recession ... you don't know that you're in one until after it's almost over.  My intuition (gut instincts) suggests that we're certainly transitioning from the winter market to a spring market.  Showings are up, contracts are up, all of which leads to an uptick in sales.  Are these signs of a transitional market - yes - a seller's market - maybe - only time will tell.  Buyers, take note!!!

 

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Stephen Howell, Associate Broker, Coldwell Banker Residential Brokerage, Annapolis, MarylandIf you are interested in buying or renting a home in Annapolis, Maryland or the surrounding area and want to tour any property currently on the market, or if you have a home to sell or rent in Annapolis, Maryland and want a professional consultation on current market conditions, please contact me at 410-923-3217 or e-mail me at showell@cbmove.com or visit my website at LiveInAnnapolis.com.

 Stephen Howell came to Annapolis to sail the Bay in 1994. What he discovered was a whole new lifestyle. Ever since Stephen Howell has been successfully helping others make the most of Annapolis. You'll find that with the right professional by your side, you can Live the Lifestyle and Live in Annapolis.

Stephen Howell and Rocky (his lab-mix from the SPCA of Anne Arundel County in Annapolis) live on the Chesapeake Bay near Annapolis, Maryland. He works in the Annapolis real estate market. His website lets people search the Washington and Baltimore metropolitan area MLS. Buyers can also search for waterfront homes along the Chesapeake Bay. His website has current real estate data on Annapolis, Anne Arundel County, and Maryland.

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