Existing Home Sales in Maryland Grow Despite Low Inventory

Some Highlights:

• According to the latest Existing Home Sales Report from the National Association of Realtors, sales grew 1.1% in March 2018 to an annual pace of 5.60 million.
• This is the strongest pace since November of 2017.
• Inventory levels dropped year-over-year for the 34th consecutive month and are now 7.2% lower than March 2017 levels, representing a 3.6-month supply.
• Bottom Line...if you live in the Baltimore Metro, Anne Arundel, Harford or Cecil County Areas...NOW is the time to Sell. I predicted last Spring in a video blog that interest rates may hit a high of 5% this year. With almost 5,000 views I was CORRECT! Don't lose out on potential Buyers for your home. Get a FREE HOME VALUATION from Robert McArtor personally. Call Robert McArtor with Maryland Homes Team, Inc. of RE/MAX Components at 443-885-0875 or Visit our Website and enjoy your home searching experience.