NEWS & ANNOUNCEMENTS

FLC REPORTS...
2008.01.08

REAL ESTATE SALE—25-40% OFF…

Since July of 2005, according to one local real estate appraiser, Wayne Six, there has been a measurable decline in the sales price of Real Estate from 25% to 40%.

During the same time period, there has been a huge increase in inventory and available offerings.

"There are currently over 300 existing building lots (1 acre+) available for purchase," says Tony C., a principal/associate broker at FLC. 

He goes on to say, "those people who are waiting for the bottom of the market or for the media to announce that it's time to buy, will miss the tremendous buying opportunities which exist today.  Just think back a few years ago, when everyone was jumping into the real estate market when it was all the rave...for many of them, they got in too late, and now they will have to wait much longer to see their anticipated appreciation."

Tom Rozynek, principal/broker at FLC, comments, “for over 30 years in the local market place, I have witnessed that Real Estate values go up and down but over time have always trended upward.  This is as good a time as ever to consider Frederick Real Estate while the inventory is plentiful and most prices are 25-40% below where they were just 2 short years ago.”

Frederick Company is a full service comprehensive Real Estate firm located at 53 E. Patrick Street.  Contact us today to learn how you can take advantage of today’s opportunistic market. 

 

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53 East Patrick Street, Frederick, MD 21701
Phone: 301.662.9222 Fax: 301.663.1213
 
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