Real estate is a funny business. Yesterday I met a couple at an open house who swore that values were starting to increase in their neighborhood ( believe it or not, they are correct!) I met another couple who were concerned about buying now because they swore values were continuing to decline (they were also correct) How could this be? Prices going up and prices going down? This is why hiring a Realtor is important. In Anne Arundel county, MD we are seeing a dramatic SHIFT in the market. If you are looking in the $350,000 and under range, YOU ARE IN A SELLERS MARKET! However, if you are looking in the $350,000-$700,000 YOU ARE IN A BUYERS MARKET.
OK, with this being said, if you are selling your townhouse and considering buying a single family home. NOW IS THE TIME! You may get multiple contracts on the sale of your townhouse yet still be able to negotiate a good deal on the single family home. What more could you ask for? In high finance this might be considered an Arbitrage opportunity. If you are thinking about MOVING UP to that dream home, maybe you have another child on the way, or maybe you have just outgrown the townhouse you are in give me a call today. I will send you my MOVE UP ANALYSIS, which will show you from a financial standpoint the savings you could reap by acting today.
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