I hope this update finds you enjoying the holiday season with your family and friends. It's so nice to take a break and focus on what means the most to us.

Amidst the festivities of last week, there was still activity in the College Park market with 4 homes going under contract and 8 closed sales. The lowest sales last week were all bank owned properties, including a Lake Fairview condo selling for $17,701! The banks are really pricing their inventory to sell quickly and are "dumping" them at ridiculously low prices. If you are in the position to pick up some investment property, now is the time to jump on these deals. There are many investors out there ready to pounce, but if you go about it the right way you can take advantage of this opportunity to build your portfolio.

Here are the recent sales in College Park:


SS = Short Sale BO = Bank Owned