RSS Feed
October 11th, 2015 
Awake Goy Anecdotes do not constitute “data” but all three stories (counting Chicago) show significant weakness at the high-end in widely varying areas with distinct economic backdrop differences.
Paul from Maryland
Mish, I live in the Howard County, Maryland. It’s the 4th wealthiest county in the US. We recently had a presentation by a Realtor on the state of the market. It’s still a very strong seller’s market in the $600K and below range. Inventory is around 2.5 months on a 3 month rolling average basis.
However, the high end is abysmal. Houses asking $2.5M+ are not selling at all. There are 20 on the market with no sales. In the $1M to $2.5M category, 293 are up for sale, with only 27sold, a weak showing.
Source Article from https://www.freedomsphoenix.com/News/184630-2015-10-10-high-end-property-slowdown-in-maryland-and-texas-where-next.htm?EdNo=001&From=RSS
Related posts:
Views: 0
Posted in 
Tags: 
