While you may hear in the news that home prices have fallen drastically and are continuing to fall, I wanted to share with you an interesting statistic. When comparing Maryland home prices from 1999 to 2009 home prices actually INCREASED a total of 83.9% over the 10 year period.
According to the Maryland Association of Realtors, in 1999 the average sales price in Maryland was $162,018. In 2009 the average sales price was $301,270.
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Clarksville, MD, (August 6, 2010) — The Wall Street Journal and REAL Trends, Inc. are pleased to announce the 2010 Top 400 Real Estate Professionals. The eagerly anticipated final rankings were published this morning in The Wall Street Journal Online.
Through determination and hard work, the Creig Northrop Team of Long & Foster achieved incredible results in 2009. The Northrop Team took home top honors ranking # 2 in Sales Volume by a Team. The Northrop Team retained their spot for the fourth year in a row, only $6 million off the # 1 spot held by John McMonigle of Coldwell Banker Residential Brokerage based in Newport Beach, CA
Creig Northrop, President of The Northrop Team says, “I am amazed and impressed for what we all achieved in what I believe was the toughest year in real estate. Teamwork makes the dream work, and this is exemplified by these results. I could not be more proud of everyone on this team and give a heartfelt thank you for all their loyalty and dedication.”
The Wall Street Journal/LORE Top 400 is based on a survey of over 7,000 brokerage firms, associations of Realtors® and hundreds of other sources to determine the top real estate professionals in the United States. Now in its 4th year, this ranking is the only independent study of its kind where all of the results from individual submissions are independently verified through third party sources. The definition of what constitutes an individual sales professional and a team has been developed from input from dozens of industry professionals.
The 400 is actually four separate rankings:
Top Individual Sales Professional ranked by closed transaction sides
Top Individual Sales Professional ranked by closed sales volume
Top Team ranked by closed transaction sides
Top Team ranked by closed sales volume
A special thank you to all of our past clients who have put their trust in our team for all of their real estate needs.
All results from the study are based on calendar year 2009.