In my first blog Selling My Own Home I talked about what it was like to live with my home on the market. So we've had the house on the market since February, done a couple price reductions, made sure that it showed well. All that and we've had consistent showings, great feedback but no real action (we did have 1 offer for $65,000 below list price).
We were getting down to the wire so I decided to put it up for rent. I listed it less than 2 weeks ago. That night I had my first call from someone who had seen it as a buyer. The next night we had a couple come see it. Since then we have had a revolving door. We've had as many as 4 different showings in one day (and that was a random Thursday), and 2 rental applications. We accepted one really great application and can now begin the process of packing up to move.
Is it just me or are others of you finding the rental market to be quite hot? I checked in my neighborhood and all the houses that have rented this spring did so in less than 2 weeks. I just applied for a rental for one of my clients and they were competing with 9 other applications, WOW!
What do you think might be driving this rental frenzy?
If you or someone you know would like information about buying, selling, or renting a home in Prince George's, Montgomery, Charles, Calvert, Anne Arundel, Howard, and/or Baltimore Counties please contact Dr. Stacey-Ann Baugh of Century 21 New Millennium.
Dr. Stacey-Ann Baugh
Century 21 New Millennium
FINALLY! A DOCTOR WHO MAKES HOUSE-CALLS!
Information deemed reliable but not guaranteed!