More and more inventory coming on the market this past week, exactly what you expect this time of year. I closed on a 3800sf lake area log home for FULL PRICE, it actually went under contract the same day it came on the market. Perfect timing for buyer and seller alike. I noticed two different homes under contract/sold in the $150k-175k range (Southern Garrett county & Mt Lake Park area), excellent opportunities for first time home buyers. Tiny homes became very popular over the last few years here at the lake. I completely get the concept but I have to say I am shocked at some of the prices people were getting and are currently asking. The properties are gorgeous and tastefully renovated but is a 1,000 sf 1BR A-frame (no waterfront or views, no major rental draw) really worth $500k? Time will tell.
I have commercial space available in Oakland at 3 S 3rd St, The Parlor. A nail salon booth is available, two other flex spaces for health & wellness professionals or similar. Affordable rental rates by the day, weekly or monthly. Call for a preview of the space.
Sales are holding steady and rates have been trending lower. Rates are now in the 6%-6.5% range according to the Ross Group, our in-house lending team. They specialize in the DCL market and are FANTASTIC to work with.
Reach out for more info.
185 residential properties listed for sale (up from 175 last week)
60 under contract/pending (down 2 from last week)
22 total home sales closed so far in March
