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Real Estate: Local trends the most important to your transaction

Published 11/30/08

In past columns, we've said that all real estate is local, so you should be aware of local market conditions, rather than let yourself be led by national trends. In this column, we'll show you why.

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What you see on the national evening news might not reflect what's happening down the block. We don't pretend to suggest that everything's rosy right here in river city. But, for the local buyer or seller of real estate, we're doing a lot better than the national averages.

No doubt, we'll get caught in the down draft of what's going on in a sour real estate market, and the economy as a whole. Consumer...

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RE - Local Trends - 2008-12-02 18:36:29

Well said! The low unemployment & high incomes are significant factors. Found a site site that trends it: www.neighborhoodscout.com/md/annapolis/rates

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Report Abuse or Vote In order to allow the user community the ability to collectively rank the value of comments posted on the Capital Gazette websites we have implemented a thumbs-up/down system. All logged-in users may participate by voting up/down each comment. If others vote on your comment, your individual score will go up/down depending on the votes. Initially, everyone starts with a score of zero, and must earn credits to have significant voting weight. Individuals with higher scores will have more voting weight. 0

Good advice - 2008-11-30 18:25:08

This article has great advice, and credit score is more important than ever. You can get you credit score for free at www.GoFreeCredit.com along with credit monitoring to let you know anytime something happens that could hurt your score

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