Homes for sale are needed in Annapolis and Anne Arundel County.
Home sales in Anne Arundel County were up a staggering 44% in October 2009 as compared to October 2008. And inventory was down 11%, to 3906 homes at the end of October 2009 as compared to 4357 at the end of October 2008.
And now, tax incentives for first-time home buyers have been expanded and extended until the Spring, which will increase demand. Interest rates are low, with safe 30-year-fixed rate loans available below 5% with no points.
Many people who would like to move are not sure if it is time to put their property on the market, as they are hearing mixed reports. With all the news about the tough economy, and credit being hard to get, people sometimes get the impression that houses are not selling.
Houses ARE selling, and only those that are on the market have the chance to sell. For those who are thinking about making a move, opportunity is knocking.
P.S. Call me today for all your Annapolis real estate needs.