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Rivermead auction aims to move oversupply homes in Maryland
Rivermead Homes faces a surplus as about 20 houses go to auction with three guaranteed sales. Bidders must pay 1500 dollars day of sale and 1500 within five days, plus a 6 percent auction fee. Local builders warn speculative building risks and note the market remains steady with strong demand from first time buyers and a good resale market in Frederick County.
MENTIONED IN THIS ARTICLE
Baron
Rivermead
L Am
Herman Brown
Germantown
Frederick
Lillie Fox
Fox Realty Group
Rivermead Homes
Lancaster
National Association of Home Builders
Marvin Ausherman
Rusherman
Doris White
Frederick County
Jay Shackford
Shackford
Monica Jenkins
Department of Planning
Brian McClellan
Century 21
U.S Healthcare
Maryland