The Club Mastermind Blog

Mar
5
2009
Breaking News...

Well, not quite breaking news.  But I wanted to send this article out to everyone in the Baltimore region just in case you did not read it this past Sunday.  Go to this link to read the article.
 
 
I am always conflicted whenever I see major real estate article in our local paper.  This past Sunday, the Baltimore Sun published an article about current homes sales and prices.  I am not going to comment on the merits of the article... you can make your own judgments.  But I will say that in spite of what the article had to say... if you are selling a house and it is priced right... it will sell and sell quickly.
 
Now... on to the graphics.  I would encourage you to look at all of the graphics in this article, because you can see in one place where prices and sales volume have risen and fallen over the past couple years.  Keep in mind that while the titles may paint a dismal picture when comparing real estate activity between 2005 and 2008, 2005 was nearing the top of the market, a market that was abnormal by every definition.  A better comparison, if someone would do it, would be to compare 2002 sales numbers to 2008 and I would bet that the picture doesn't look so bleak.
 
In fact, I have maintained that the market we are experiencing today is closer to normal in terms of sales volume then what the media is telling us.
 
You be the judge... and enjoy this treasure trove of information.
 
 
Pete
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