In “Report: Washington has the best real estate market in the nation,” The Washington Examiner has some stats to back up this claim. The newspaper stated that “The Washington area had the best real estate market in the nation during the last month of 2010…Prices in the region increased by 4.1 percent from the fourth quarter of 2009 to the fourth quarter of 2010.”
The Washington DC area, which includes parts of Maryland, has weathered the storm well in comparison to other areas. Part of this is due to the fact that the government employs so many people in the region. With that economic base already there, other companies set up shop in the region as well.
This enthusiasm does not match the frenzy during the real estate boom, but houses in the area are selling in 2-3 months and getting multiple offers, if, as one expert noted, they are appropriately priced.
Whether you are looking to sell a home or buy Maryland real estate, John Day is a top Maryland real estate agent who can help. He has helped people buy and sell homes in areas like the Annapolis Historic District, Bay Ridge and South River Colony.
Visit John Day’s website where you can see homes that are for sale and get information on homes that were sold in these areas in previous years.