There are many great Baltimore area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (410) 638-9555 for a FREE home buying or selling consultation to answer any of your real estate questions.
In terms of closed sales, we have seen some great numbers so far in 2015. This year, closed sales are up by about 35% from where we saw them at this point last year.
Another trend we are starting to see is a lot more homes that are For Sale By Owner (FSBO's). If you are thinking of buying or selling a home like this, there are some pitfalls that you need to be aware of in the market.
The first is overpricing your home. Coming in at too high of a price, especially as a FSBO, will either cause your home to sit on the market much too long, or you will find a buyer, go under contract, and then see the buyer back out at the last minute due to the price.
We have been seeing buyers make faster decisions than they ever have before. It's important to not make a snap judgement when buying or selling real estate, and it's important to do your due diligence as well.
One trend we have to mention is that FSBO homes fall through at nearly a 30% rate. When you are thinking about purchasing one of these homes, it's important to have guidance through the transaction so that you are ready to make your move when the time is right.
If you have any questions for us, feel free to give us a call or send us a quick email. We look forward to working with you soon!