Month: March 2012

Aging Baby Boomers and their Echo Boomer Children to Impact U.S. Housing Market

Researchers from The Urban Institute, University of Southern California and National Association of Realtors (NAR) recently released their “Demographic Challenges and Opportunities for U.S. Housing Markets” report. The report which was submitted to the Bipartisan Policy Center as background for the Housing Commission shows that over the next 20 years, the aging baby boomer generation …

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Profile of U.S. Home Sellers and Home Buyers in 2011

Each year, the National Association of Realtors (NAR) surveys home sellers   and home buyers about their selling and buying experiences. Here are the highlights of NAR’s 2011 Home Buyers Profile: Thirty-seven percent of recent home buyers were first-time buyers. The usual purchased homes were built in 1993, with 1,900 square feet, and had two …

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Charles County Feb 2012 market stats

Charles County, MD   Statistic Values YoY MoM Total Sold Dollar Volume $20,234,712 -18.86% -3.81% Closed Sales 89 -23.93% -3.26% Median Sold Price $210,000 0% -2.33% Avg Sold Price $227,356 +6.67% -0.57% Avg Days on Market 112 days -2.61% -7.44% Avg Sold to Orig List Ratio 91.63% +6.56% +0.65%