U.S. Revival Stands to Influence Annapolis, Maryland Home Prices (Annapolis, MD)

U.S. Revival Stands to Influence Annapolis, Maryland Home Prices

Home Prices Building Numbers Startle Experts The truism has it that real estate is the most local of assets. If you exclude Californiasstyle earthquakes the land a home is built upon tends to stay pretty much in one place. That being the case Annapolis home prices tend to reflect our local Annapolis Maryland conditions when business is popping and everyone feels confident about the future Annapolis home prices tend to move upward. Even so as the complete numbers roll in from last year s national real estate market anyone with a rooting interest in Annapolis home prices has to be cheered. The fact is American home prices climbed 5.9% last year the greatest yearly gain since 2006. Calling that only a sharp rise is like calling the Super Bowl an interesting football game. So even though Annapolis home prices reflect local conditions that kind of jump indicates the kind of national movement that is bound to echo through every corner of the country. The U.S. Census Bureau and the Department of Housing and Urban Development also report that new national housing starts rose in 2012 s final month to an annual seasonally-adjusted rate of 954 000 (way more than the experts expected). It sounds like a big number and it is -- an increase of 12% from the revised November rate of 851 000 and a gain of 36.9% over the previous year s 697 000 The National Association of Homebuilders also reported a third consecutive six-year high in its builder confidence index. It s still below the point NAHB considers builder optimism balances with builder pessimism but moving strongly in the right direction. Now that we re at a point where we can look back over last year s performance it s easy to look back and say That year sure would have been a good time to buy or sell To me it looks likely that this time next year we ll have more of the same. If 2013 is the year you re considering making a move I would be genuinely delighted to put together a plan of action that fits your goals and your timetable. I hope you ll give me a call The G-Team your Maryland Real Estate Connection is a full-time team with over 22 years of experience. We provide service to our clients in all areas of Maryland. Our areas of specialty include Real Estate in Central Maryland. We are located in Millersville Maryland between Baltimore and Annapolis in Anne Arundel County convenient to Fort Meade. We also service Howard Harford Carroll & Queen Anne s Counties and central Maryland. Whether you are BUYING SELLING RELOCATING or SHORT SALES. Call us we can HELP. If you or someone you know is interested in Buying a home Selling a home or renting a home CALL US WE CAN HELP We provide Experience Integrity and Solutions to help you through the real estate process. Our website www.MarylandHomeSearchSite.com has all the information you need. It is designed to share info about the community it s neighborhoods real estate trends housing prices and the ability to create your own search for listings. Call us at (443)790-6918 or email theg-team(at)theg-team.com or contact.