Market Conditions for Howard County, Maryland Reported by Leon & Paula Hasnain, Graduate Realtor Institute, REALTOR Updated January 16, 2012.

Current Market Rating: 2 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 3 1 2 3 4 5 Falling Rising

Happy 2012 to all, and congratulations to those that have capitalized on this unique real estate market, and we hope to make this a reality for many others and your family in 2012!

30-year fixed mortgage rates are averaging 4% & 15-year fixed are at 3.25%. Additionally, this remains an especially strong buying opportunity for the "first time homebuyer", the "move-up" buyer, and the "real estate investors." The "Home Affordability Index remains at 60 year bests (lows)! Please call us to discuss any of these or other real estate matters.

Meanwhile, well maintained and well priced homes sell in a reasonable timeframe; and we've personally had listings with multiple offers!

This is an especially strong buying opportunity for;

(1) "First time homebuyers"
(2) "Move-up" buyers
(3) "Real estate investors"

Sellers using a full service Realtor with a comprehensive marketing plan, properly staged home, and properly priced are also having the most success. We've personally had recent listings with multiple offer scenarios! The winning combination of low interest rates, reasonable price appreciation, and moderate job growth will continue to fuel the home sales market. The BRAC (Base Re-Alignment Commission) will and have added thousands of positions in our area which will further stimulate our real estate market.

Don't miss out on homeownership benefits which include, homeownership tax benefits, the build-up of home equity, real estate appreciation, and the other home ownership benefits any longer. Now that prices are coming back down to earth, and interest rates are so good -- it is a great time to buy.

Call / e-mail us for the most competitive and favorable daily interest rate quotes at 301-466-1002 / LeonH@mris.com, or visit us at www.LeonHasnain.com for top-notch professional real estate representation regardless if you are selling or buying. We look forward in orchestrating all of your real estate transactions.

Have a great day!

Paula & Leon Hasnain, "CRS"
Certified Residential Specialist
Graduate Realtor Institute "GRI"
"Your Lifelong Real Estate Consultants"
RE/MAX Advantage Realty

PS. Only 4% of the realtors nationwide have earned the prestigious Certified Residential Specialist designation based upon our experience, additional education & testing, and volume of sales!


Location Characteristics: Howard County has lovely rolling hills that used to be forests and farm land. Much of this land has now been developed into wonderful residential communities, although there are still a few farms and rolling hills in western Howard Co.

Fulton is an area which is experiencing tremendous development with the new Maple Farms development to include commercial and residential development. Columbia, houses just over 100,000 people, and is currently the largest town in Howard Co. The county seat is Ellicott City, which covers a good portion of the county, and includes a historic district.

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