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October 11, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Columbia, Maryland

Reported by Emcee M. Arah, REALTOR

Updated October 8, 2008.

Current Market Rating: 2




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Seller's

Current Price Trend: 3




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Falling

Rising

Columbia, Maryland is a census-designated place and the People Tree statue has become its symbol. It is also Maryland's largest unincorporated community with it's 94,600 residents. Columbia, one of the planned cities of the seventies located in the middle of Howard County and developed by James W. Rouse opened in 1967 and still maintains its unique characteristic of a "green" city. The ambiance of the planned landscape and lakes is unmistakably inviting and relaxing. The serene walkways and bike paths in addition to the fine restaurants, shops and theaters make Columbia an oasis of quiet living. The schools are outstanding and always rank amongst the top five in the State of Maryland. Due to the increase in the housing inventory which is as a result of the distress in the mortgage industry that has resulted in shortsales and foreclosures for numerous homeowners, the real estate market in Columbia, following the trend in the rest of the DC metro area, continues to exhibit a large degree of uncertainty. Consequently, buyers, including those with good credits and therefore have obtained approval for attractive loans, are being very cautious in proceeding with purchasing homes. According to Vice President of NAR Research, the uncertainty is created by a situation in which on the one hand a sizable pent-up demand exists as a result of 4 million job gains in the past two years and on the other hand buyers waiting and hoping for lower prices and lower interest rates. The effect of this is a forecast that has become increasingly uncertain. However, one certainty for those who acquire real estate, especially for non-flipping purposes for five or more years is a near guarantee that they will come out ahead.

ZIP Codes: 21044, 21045, 21046

Location Characteristics: Columbia, Maryland is one of the planned cities of the 1970's located north of Silver Spring

For More Information:

View Market Conditions of other areas served by Emcee M. Arah

Navigate: Top > Maryland > Columbia

About Emcee M. Arah:
OBJECTIVE

Helping you PLAN and ACHIEVE your REAL ESTATE NEEDS by using PROVEN MARKETING STRATEGIES that guarantee a SUCCESSFUL MOVE.

MISSION STATEMENT

Dedicated to providing quality service through a stress-free step-by-step system of real estate services designed to assure a smooth, exciting and worthwhile relocation of our clients. With the Dedicated Staff at EMA Real Estate Group and RE/MAX Advantage Realty, we are committed to exceeding your highest expectation by always going the extra mile in serving all your real estate needs.

EDUCATION/LICENSES
Bachelor of Architecture, University of Tennessee, Knoxville Tennessee, 1986.
Licensed in Maryland, Virginia and Washington, D.C.
Buyer Broker Certification, 1993.
Relocation and Foreclosure Specialist, 1996.
First-time Homebuyer/Creative Financing Experience - 17 years.
AFFILIATIONS/MEMBERSHIPS

National Association of REALTORS (NAR).
Maryland Association of REALTORS (MAR).
Metropolitan Regional Information System (MRIS)
Greater Capital Area Association of REALTORS (GCAAR).
Re/max International Network of REALTORS.
By Referral Only Network of REALTORS.
Russer Online Dominance Network of REALTORS.
Certified Residential (REALTORS) Specialists (CRS).
Property Minder Member REALTOR alliance Network.
AWARDS AND ACHIEVEMENTS

100% Club, REMAX International, 2000 - Current.
Executive Club, RE/MAX International - 1999.
President's Club, RE/MAX International - 1998.
Certified Freddie Mac CreditSmart Counselor.
Instructor, Principles & Practice of Real Estate 1996 - 1997.
President, Toastmasters Club #36/7415, Washington DC, 1989 -1992.
Competent Toastmaster Award, Toastmasters International, 1991.
Mathematics Teacher, Montgomery County Schools(Adult Ed), 1989 - 1992.
Architect, Bryant and Bryant Architects and Planners, Wash., DC 1986 -1992.
PERSONAL

Honest and effective marketing strategist, who is always reliable and helpful.
13 year - Maryland resident, currently living in Silver Spring, Maryland with wife and three of our four children. Enjoys tennis, swimming, reading and traveling. Football and basketball enthusiast! If you want a full-time Professional that understands buildings, experienced in the real estate business and is available every step of the way, call EMCEE at (301) 452-5252.




These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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