The consistency in the number of home sales within the local housing market should be the envy of the state and nation. Considering that 2003, 2004, and 2005 were seller's markets, and 2006, 2007 were buyer's markets; look at the consistent number of home sales as reported by member brokers to The Capital Area Association of Realtors (CAAR) MLS:

2003 3996
2004 4005
2005 4197*
2006 4175
2007 3998
*CAAR record high

The rise in the median sale price of a home in the face of an oversupply of homes for sale defies the laws of supply and demand as witnessed below:

2003 $90,500
2004 $92,750
2005 $100,000
2006 $99,000
2007 $104,500*
*CAAR record high

The only reason 2006, and 2007 were buyer's markets was due to the record number of homes for sale.

The consistency in the number of home sales within the local housing market should be the envy of the state and nation. Considering that 2003, 2004, and 2005 were seller's markets, and 2006, 2007 were buyer's markets; look at the consistent number of home sales as reported by member brokers to The Capital Area Association of Realtors (CAAR) MLS:

2003 3996
2004 4005
2005 4197*
2006 4175
2007 3998
*CAAR record high

The rise in the median sale price of a home in the face of an oversupply of homes for sale defies the laws of supply and demand as witnessed below:

2003 $90,500
2004 $92,750
2005 $100,000
2006 $99,000
2007 $104,500*
*CAAR record high

The only reason 2006, and 2007 were buyer's markets was due to the record number of homes for sale.

The consistency in the number of home sales within the local housing market should be the envy of the state and nation. Considering that 2003, 2004, and 2005 were seller's markets, and 2006, 2007 were buyer's markets; look at the consistent number of home sales as reported by member brokers to The Capital Area Association of Realtors (CAAR) MLS:

2003 3996
2004 4005
2005 4197*
2006 4175
2007 3998
*CAAR record high

The rise in the median sale price of a home in the face of an oversupply of homes for sale defies the laws of supply and demand as witnessed below:

2003 $90,500
2004 $92,750
2005 $100,000
2006 $99,000
2007 $104,500*
*CAAR record high

The only reason 2006, and 2007 were buyer's markets was due to the record number of homes for sale.

The consistency in the number of home sales within the local housing market should be the envy of the state and nation. Considering that 2003, 2004, and 2005 were seller's markets, and 2006, 2007 were buyer's markets; look at the consistent number of home sales as reported by member brokers to The Capital Area Association of Realtors (CAAR) MLS:

2003 3996
2004 4005
2005 4197*
2006 4175
2007 3998
*CAAR record high

The rise in the median sale price of a home in the face of an oversupply of homes for sale defies the laws of supply and demand as witnessed below:

2003 $90,500
2004 $92,750
2005 $100,000
2006 $99,000
2007 $104,500*
*CAAR record high

The only reason 2006, and 2007 were buyer's markets was due to the record number of homes for sale.

The consistency in the number of home sales within the local housing market should be the envy of the state and nation. Considering that 2003, 2004, and 2005 were seller's markets, and 2006, 2007 were buyer's markets; look at the consistent number of home sales as reported by member brokers to The Capital Area Association of Realtors (CAAR) MLS:

2003 3996
2004 4005
2005 4197*
2006 4175
2007 3998
*CAAR record high

The rise in the median sale price of a home in the face of an oversupply of homes for sale defies the laws of supply and demand as witnessed below:

2003 $90,500
2004 $92,750
2005 $100,000
2006 $99,000
2007 $104,500*
*CAAR record high

The only reason 2006, and 2007 were buyer's markets was due to the record number of homes for sale.

The news is full of stories about the impending explosion of foreclosures when homeowners who have adjustable rate mortgages have their rates increased under the terms of the mortgages they voluntarily signed at purchase. Let's examine this phenomenon.

The country experienced the greatest real estate market for the number of sales in history from 2001 through 2005.

The news is full of stories about the impending explosion of foreclosures when homeowners who have adjustable rate mortgages have their rates increased under the terms of the mortgages they voluntarily signed at purchase. Let's examine this phenomenon.

The country experienced the greatest real estate market for the number of sales in history from 2001 through 2005.

The news is full of stories about the impending explosion of foreclosures when homeowners who have adjustable rate mortgages have their rates increased under the terms of the mortgages they voluntarily signed at purchase. Let's examine this phenomenon.

The country experienced the greatest real estate market for the number of sales in history from 2001 through 2005.

The news is full of stories about the impending explosion of foreclosures when homeowners who have adjustable rate mortgages have their rates increased under the terms of the mortgages they voluntarily signed at purchase. Let's examine this phenomenon.

The country experienced the greatest real estate market for the number of sales in history from 2001 through 2005.

The news is full of stories about the impending explosion of foreclosures when homeowners who have adjustable rate mortgages have their rates increased under the terms of the mortgages they voluntarily signed at purchase. Let's examine this phenomenon.

The country experienced the greatest real estate market for the number of sales in history from 2001 through 2005.