Laurel, MD

Laurel, MD SOLD Homes January 2010

Houses SOLD: 50

Average LIST price: $244,609

Average SELLING price: $240,288

Average DAYS ON MARKET: 108

LOWEST SALE price: $117,000 - 3 bedroom, 1 full bath, 2 half bath townhome home built in 1969 - foreclosure

HIGHEST SALE price: $490,000 - 4 bedroom, 3.5 bath single-family home located in Cardinal Forest, built in 1985

Laurel, MD ACTIVE listings (as of 2/6/10)

ACTIVE Houses: 383

Average LIST Price: $307,326

LOWEST LIST Price: $58,300 - 3 bedroom,2 bath mobile home, built in 2003

HIGHEST LIST Price: $1,750,000 - 5 bedroom, 55 baths, single-family home in Stone Lake - built in 2008

Current Average Days on Market: 144

Laurel, MD UNDER CONTRACT listings (as of 1/30/10)

UNDER CONTRACT Houses: 211

Average LIST Price: $269,558

LOWEST LIST Price: $99,999 - House shell damaged by fire

HIGHEST LIST Price: $749,950 -4 bedroom, 3 bath single-family home built in 1964

Average Days on Market: 87

Laurel, MD is conveniently located between Baltimore and DC. Laurel, MD is a unique city in that is located in four local counties, Montgomery, Prince Georges, Howard, & Anne Arundel.

If you are interested in buying or selling a home in Laurel, MD please give Stacey Baugh a call.

Laurel MD 20723 - Stone Lake Home Sales Statistics - November 2009

This Stone Lake Neighborhood Update with home sales statistics will be a regularly updated feature on my blog. With this new format, there are no limits to the neighborhood home sales statistics that Dipper and I can update. Do you live in Howard, Carroll, Baltimore, or Anne Arundel County? Just post a comment or send us an email with your neighborhood and we will be happy to start updating for you.

Stone Lake is a gorgeous neighborhood located in Laurel, Md, jut outside of Columbia. It is a newer community with ongoing construction and with "older" homes that were built in the 1990's. Stone Lake features single family and upscale townhomes built by several different builders. It is centrally located in Howard County between Washington, D.C. and Baltimore, and offers amenities such as a gated entrance (with a gate-keeper!), tennis courts, walking paths, fishing piers, a boat house where you may store your craft, and a community pavilion. Many of the homes surround and overlook the beautiful 25-acre lake/quarry.

Stone Lake home sales statistics are in the chart below.20723 Home Search

STONE LAKE HOME SALES STATISTICS:

(Active and Sold since 1/1/2009)

Should I Float? Should I Lock? - Daily Update for Thursday, November 19, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients.

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.

jobless Claims came in on target while the Philadelphia Fed Index came in sharply higher than otherwise expected. Though this would normally put the kibosh on bonds - the stock market is taking a major slide today which is helping bonds to remain at least par from yesterday.

Look for rates this morning to remain steady from where they closed Wednesday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is coming down from overbought status.

I am recommending to

LOCK your best mortgage rate.

To learn why one should Float or Lock -

Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit

Should I Float? Should I Lock? - Daily Update for Wednesday, November 18, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients.

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.

Housing Starts and Building Permits both came in lower than expected. The bigger news of the day is the Consumer Price Index coming in just over expectations. Yesterday's Producer Price Index coming below expectations helped allay immediate fears of inflation.

Look for rates this morning to remain steady from where they closed Tuesday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is coming down from overbought status.

I am recommending to

LOCK your best mortgage rate.

To learn why one should Float or Lock -

Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit

Should I Float? Should I Lock? - Daily Update for Friday, November 6, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients.

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.

Good News for bonds (Bad News for the economy). Though the average work week rose slightly as did hourly earnings - Payrolls dropped more than expected and Unemployment rose to 10.2%. All this is giving a very positive uplift to bonds.

Look for rates this morning to be drop from where they closed Thursday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is rising from oversold status.

I am recommending to

LOCK your best mortgage rate.

To learn why one should Float or Lock -

Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit