EASTON - More homes priced correctly led to an increase in properties sold and a decrease in the amount of time to do so across the Mid-Shore in April. And it doesn't hurt that interest rates are at hisorically low levels, said local real estate professionals.
Accrording to information from the Metropolitan Regional Information Systems, of 2,086 properties on the market in the five county area, 159 sold in an average of 209 days, an improvement over 142 sold in 234 days with more inventory available last year during the same time period.
Prices were a mixed bag as some counties showed improvement while others took a hit.
Nothing is "correct", either. It costs $200k to buy a lot & build a 1200 sf house, attached garage, drive and landscape, but they sell all day long for half that. Printing $100 billion a year makes it all possible as we all lose our homes to the banksters.
Nothing from the Daily Rag about the home sales in the Lower Shore?
ReplyDeleteFigures.
Nothing is "correct", either. It costs $200k to buy a lot & build a 1200 sf house, attached garage, drive and landscape, but they sell all day long for half that. Printing $100 billion a year makes it all possible as we all lose our homes to the banksters.
ReplyDeleteWhat have we become?