The Housing Market in Maryland Continues to Grow in 2019

2018 was a good year for the housing market in Maryland. Ever since flipping houses became popular in the state circa six to seven years ago, investors have been optimistic and proactive with their strategies. Many people have flipped houses and other investors have explored vacation and rental properties. The recession following the financial crisis last decade compelled investors to rethink how they approached real estate. This led to almost ten years of reviewing strategies and now investors who have thought out of the box are reaping the rewards.

Evan Roberts, the founder of We Buy Houses company Dependable Homebuyers, says that his initiative of simplifying real estate deals for sellers has paid rich dividends over the years. Dependable Homebuyers has been operating in the state of Maryland for nearly nine years now. Evan Roberts and his team of real estate experts buy houses directly from owners. They also offer extensive consultation and a plethora of services to make selling a convenient and quick process for homeowners. They have assisted homeowners with varying objectives, from flipping to selling hoarder houses, short sales to quickly liquidating homes under foreclosure.

The real estate sector of Maryland has been growing steadily over the years. 2018 marked a significant jump in the growth rate and that has continued into 2019. Maryland does not have a problem of low inventory. The inventory of houses for sale is larger than most major markets. Yet, the houses are not remaining listed for long. There are sufficient buyers to bag the deals. This is keeping costs of selling low. This is also leading to a churn in the inventory. Despite there being no major tussle between supply and demand, the real estate prices have appreciated handsomely over the last two years. This is expected to continue for the rest of the year. Read the article in full at https://drive.google.com/a/dependablehomebuyers.com/file/d/1iWKI5o6h8EsK8LkCzy3egnKucjIUVCQB/preview.

Maryland housing market is poised for better growth in the next few months. Many economists are predicting a recession in the early weeks of 2020. If a recession does affect the Maryland economy, the housing market is prepared to withstand the negative effects. Presently, there is no sign of slowing down. There is no job crisis. Many industries are growing at a healthy rate. The fed did increase the interest rates and this has affected plans of some buyers. Despite such an unpleasant development, the Maryland housing market has held on to its steed due to the availability of houses for sale at reasonable prices. The sheer bouquet of options makes it easier for buyers. Sellers too have benefited with a growing populace and thus first time home buyers.

Evan Roberts of Dependable Homebuyers suggests it is a great time for investors to acquire houses, whether for flipping or rental properties. Buyers too can now explore a growing inventory of pre-owned houses that are refurbished to be as good as new. As the residential real estate sector expands in Maryland, more opportunities will pop up for investors and professionals like Evan Roberts and companies like Dependable Homebuyers. For more details, contact Dependable Homebuyers directly.