MoCoRealEstate
Montgomery County inventory of distressed properties evaporating
April 13th, 2009 Categories: Market Updates
Taking a snapshot at total inventory in Montgomery County, inventory of distress sales continues its downward spiral. The drivers: low prices and low interest rates. Most activity is still taking place at the lower end of the market.

Will this trend continue? I think so. Employment is still relatively strong and rates are expected to stay low for months. With dwindling supplies of ‘bargain’ homes, I would expect to see more multiple contracts on the best deals.
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