This Month in Real Estate June 2013 has been released!
Home sales activity dropped very slightly to a pace of 4.97 million from This Month in Real Estate May 2013. The median home price rose to $193,000 from $184,300 from last month. The average interest rate rose to 3.45%.
The Top Story discusses how buyers can find a home in a seller’s market.
Though 89% of buyers start their search online, it is important to note that in some markets, (in the Baltimore real estate market, we have a few areas in a few price ranges where this is happening,) where what is online today may not be there tomorrow — or the owners may already have contracts in hand, even as it hits the internet!
Some websites do not carry all of the listing data for an area, or take longer for the data to appear than the MLS. This is where having a real estate agent working for your needs is important!
If you are considering buying a home in Timonium or Towson, contact me. It is important to have a professional help guide you through this changing Baltimore real estate market!