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443-421-0000
202-494-4700

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410-576-8522 ext. 91

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Pricing >Market Trends

Last summer your neighbors put their house on the market and had so many buyers that they were on the winning side of a bidding war. Now you are trying to sell your home, and there's just no action.

The real estate marketplace is very unpredictable. Many factors come into play, the most important being interest rates and prevailing sales prices. In a strong seller's market, prices tend to escalate until they reach a certain point where buyers begin to just say no and listing inventories increase. When this happens, sellers who price their homes at the higher level of previous sales prices must re-think their pricing strategies. If they don't, their homes may not sell. Whether you are buying or selling a home, it is important to remember that the shift from a seller's to a buyer's market can occur very quickly. You can count on your agent for sound advice on what phase the market is in right now.

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Q	During what great land boom (1919) did investors pay up to $25,000 for lots that had not yet been dredged up from the ocean?
A	The Florida Land Boom--Carl Fisher founded Miami Beach that year and brought hundreds of investors to the state.
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Eric Rice and Clausen Ely, REALTORŽ, real estate agents and broker for Baltimore, Fells Point and Federal Hill Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Eric Rice and Clausen Ely
Results 1 Realty
754 Washington Blvd
Baltimore, MD, 21230
443-421-0000
202-494-4700
clausen3@aol.com
Eric Rice and Clausen Ely started Results 1 Realty to serve the greater Baltimore and Anne Arundel County areas. Our team of knowledgeable and dedicated agents, assistants, contractors, and other vendors put customer service above all else. As we like to say "Results 1 Realty" is open 24 hours a day, 365 days a year.

www.Results1Realty.com is brought to you by Eric Rice and Clausen Ely
NUMBER1EXPERTS™ in real estate for Baltimore, Fells Point and Federal Hill, Maryland, town homes, row homes

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