Southern Maryland Market Update for May 2022

Kimberly Bean
Kimberly Bean
Published on May 23, 2022

Skyrocketing price appreciation has many home buyers and sellers sitting on the fence. However, experts don’t project home prices to go down anytime soon, Instead, data from earlier this year has already been adjusted to be higher than previously anticipated.

It’s still a great time to sell as buyer demand is still high and inventory remains low. For those of you interested in buying a home, consider buying now as rates are expected to go even higher. Real estate is still a great investment and some experts still forecast that homes will continue to appreciate by 2026 by 26%.

Contact me for a FREE No Obligation Strategy Session for Buying and Selling your Home.

Kimberly Bean, REALTOR®
RE/MAX One & Southern Maryland Real Estate Network
301-440-1309 Cell/Text
443-295-6123 Broker/Office

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