SP Housing Market: 2012 Homes Data Best Since 2005

Local Coldwell Banker agent Mike Murray recently started blogging on Severna Park Patch about the state of the Severna Park Housing market.

In his first blog post, Murray said that 2012 was a great year for real estate sale in Severna Park. In fact, data shows that Severna Park had its strongest year since the housing crisis.

Murray said the number of homes sold in the area increased by 26 percent, which is the highest number of homes sold since 2005.

Severna Park Patch recently featured an article that talked about the many reasons why the local housing market has seen a rise. Murray attributed it to more realistic pricing.

“I think for the most part there was a huge downslide in prices since 2007 and before people weren’t caught up with the reality that prices were going down,” Murray told Patch.

Murray will continue to blog on Patch about the local housing market. To read Murray's full blog click here.

See Also:

• Severna Park Housing Market Sees Rise in Sales