Declines in pending home sales -- and some increases

Jay's note: Garrett County is one of the few exceptions in Maryland:

Posted by Jamie Smith Hopkins at 7:00 AM - The Real Estate Wonk

...The number of contracts signed that month, deals that will turn into settlements if all goes well, slumped precipitously in most of Maryland. A dozen counties and Baltimore City saw double-digit declines, including a 38 percent drop in Dorchester (from 34 contracts a year ago to 21 in July) and a 26 percent decrease in Carroll (from 161 a year ago to 119).
......

But buyers in four counties actually picked up the pace in July compared with a year earlier. ....

3. Garrett County: 33 contracts signed in July, up 6 percent from a year earlier.

Read the full article here.

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