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2022 Real Estate Update With mortgage rates doubling year over year, affordability challenges, and longer days on the market, 2022 saw a correction to the hot housing market that followed COVID-19. Historically high Federal Reserve rate hikes, attempting to curb inflation, brought higher 30-year rates; however, low supply and increased mobility with work from home … Continued
Carl M. Freeman companies has had a busy year complete with new residential and commercial projects to enrich the lives of those who live, work, and play in Sussex County. Beginning with Bayside, the North Haven and Harbors Edge neighborhoods, which began sales during the pandemic, have settled all homes. Site work began in November … Continued
The Carl M. Freeman Companies celebrates its 75th Anniversary
The Carl M. Freeman Companies Promote Nick Freeman to Vice President of Commercial and Hospitality for the Carl M. Freeman Companies The Carl M. Freeman Companies is pleased to announce Nick Freeman as Vice President, Commercial and Hospitality for the Rockville, Maryland-based company. In his new role, Nick will oversee the company’s established third-party management … Continued
With housing demand high, fluctuating material pricing, labor shortages, low rates, and low supply, 2021 certainly had its unique challenges. Fortunately for Bayside, limited inventory allowed 55 new contracts to be written, equaling an average price of $723,326. Harbor’s Edge (villas by K Hovnanian) and North Haven (single family by Schell brothers) sold out in … Continued
Taking to Heart Homeowners Health, Bring Healthcare to Residents COVID-19 Booster Clinic Follow-up Announced for this Monday, January 10th Hundreds of residents at three Carl M. Freeman Companies (CMFC) communities took advantage of lifesaving health screenings and flu shots at wellness events organized in conjunction with Beebe Healthcare. As part of the overall mission to … Continued