About Anne Arundel County, MD

Glen Burnie, Anne Arundel County, Maryland - Market Update for the Week Ending January 22, 2010

The Anne Arundel County real estate market remains strong is still seeing stable numbers in sales and settlements. Interest rates are still low, however, there are rumors that the rates will be going up in the new year to around an average of 6%. The home sales still aren't as swift as we would like to see, however, they are seasonably increased over times in the past. The number of new listings has declined steadily over the past few weeks and we are seeing a good increase in the number of homes going under contract and settling. Home prices are also remaining fairly stable as we move into the Thanksgiving Season. Now that fall is here to stay we'll see another spurt in activity before the winter hibernation. I'm surprised I'm not seeing more new home buyers making the decision to buy with so many great deals available. Now with the economic stimulus changes (up to $8000 in tax credits) and low interest rates it will be interesting to see how this all changes. Overall, there has never been a better time to buy, than right now but buyers need to hurry because the tax credit times are coming to an end soon.

These figures are taken directly from our MRIS system and are believed to be accurate.

Glen Burnie, MD

New Listings 22(increase 4 from last week)

Under Contract 17 (increase of 7 from last week)

Settled Sales 3 (decrease of 3 from last week)

24 foreclosed homes for sale

Anne Arundel County

New Listings 172 (increase 6 from last week)

Under Contract 109 (same as last week)

Settled Sales 46 (decrease of 9 over last week)

147 foreclosed homes for sale.

Glen Burnie offers many affordable housing opportunities for those relocating to Ft. Meade and Annapolis. Glen Burnie is located north on 97 from rt 50 or north on Rt. 2 from Annapolis Naval Academy and east along 32 and north on 97 from Ft. Meade. It is a relatively easy commute from either base and only a couple short miles from the Curtis Bay Coast Guard Station too, as well as being commutable to DC whether you ride the MARC from Odenton or drive.

If you are thinking of buying or selling a home give me a call today and we'll talk about the market conditions and what your home could possibly be worth in today's market place if you are thinking of selling. You can save thousands by listing your home with Advance Realty Anne Arundel Inc.. If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building a lone is worth the plunge into todays market.

In keeping with saluting our heroes, during 2010 Advance Realty Anne Arundel Inc is waving administrative fees active duty military, retired military and the families of fallen military, as well as policemen, firemen and emt's. If you enter into a contract by the New Year's eve Advance Realty Anne Arundel Inc. will waive the admin fee at settlement. This is a $350 savings. If you are thinking about buying or selling a home give Advance Realty Anne Arundel a call and receive full service real estate assistance from an experienced agent. Our office is open 7 days a week and we can be reached at 410-761-1550.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Glen Burnie, Anne Arundel County, Maryland - Market Update for the Week Ending January 16, 2010

The Anne Arundel County real estate market remains strong is still seeing stable numbers in sales and settlements. Interest rates are still low, however, there are rumors that the rates will be going up in the new year to around an average of 6%. The home sales still aren't as swift as we would like to see, however, they are seasonably increased over times in the past. The number of new listings has declined steadily over the past few weeks and we are seeing a good increase in the number of homes going under contract and settling. Home prices are also remaining fairly stable as we move into the Thanksgiving Season. Now that fall is here to stay we'll see another spurt in activity before the winter hibernation. I'm surprised I'm not seeing more new home buyers making the decision to buy with so many great deals available. Now with the economic stimulus changes (up to $8000 in tax credits) and low interest rates it will be interesting to see how this all changes. Overall, there has never been a better time to buy, than right now but buyers need to hurry because the tax credit times are coming to an end soon.

These figures are taken directly from our MRIS system and are believed to be accurate.

Glen Burnie, MD

New Listings 18 (increase 2 from last week)

Under Contract 10 (increase of 1 from last week)

Settled Sales 6 (increase of 4 from last week)

24 foreclosed homes for sale

Anne Arundel County

New Listings 166 (decrease 7 from last week)

Under Contract 109 (increase 45 over last week)

Settled Sales 55 (increase of 24 over last week)

147 foreclosed homes for sale.

Glen Burnie offers many affordable housing opportunities for those relocating to Ft. Meade and Annapolis. Glen Burnie is located north on 97 from rt 50 or north on Rt. 2 from Annapolis Naval Academy and east along 32 and north on 97 from Ft. Meade. It is a relatively easy commute from either base and only a couple short miles from the Curtis Bay Coast Guard Station too, as well as being commutable to DC whether you ride the MARC from Odenton or drive.

If you are thinking of buying or selling a home give me a call today and we'll talk about the market conditions and what your home could possibly be worth in today's market place if you are thinking of selling. You can save thousands by listing your home with Advance Realty Anne Arundel Inc.. If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building a lone is worth the plunge into todays market.

In keeping with saluting our heroes, during 2010 Advance Realty Anne Arundel Inc is waving administrative fees active duty military, retired military and the families of fallen military, as well as policemen, firemen and emt's. If you enter into a contract by the New Year's eve Advance Realty Anne Arundel Inc. will waive the admin fee at settlement. This is a $350 savings. If you are thinking about buying or selling a home give Advance Realty Anne Arundel a call and receive full service real estate assistance from an experienced agent. Our office is open 7 days a week and we can be reached at 410-761-1550.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

On February 5, 2010 a history making snowstorm began. 36 hours and 20+ inches later the snow stopped and Annapolis was blanketed in white.

Glen Burnie, Anne Arundel County, Maryland - Market Update for the Week Ending January 9, 2010

The Anne Arundel County real estate market remains strong is still seeing stable numbers in sales and settlements. Interest rates are still low, however, there are rumors that the rates will be going up in the new year to around an average of 6%. The home sales still aren't as swift as we would like to see, however, they are seasonably increased over times in the past. The number of new listings has declined steadily over the past few weeks and we are seeing a good increase in the number of homes going under contract and settling. Home prices are also remaining fairly stable as we move into the Thanksgiving Season. Now that fall is here to stay we'll see another spurt in activity before the winter hibernation. I'm surprised I'm not seeing more new home buyers making the decision to buy with so many great deals available. Now with the economic stimulus changes (up to $8000 in tax credits) and low interest rates it will be interesting to see how this all changes. Overall, there has never been a better time to buy, than right now but buyers need to hurry because the tax credit times are coming to an end soon.

These figures are taken directly from our MRIS system and are believed to be accurate.

Glen Burnie, MD

New Listings 16 (increase 4 from last week)

Under Contract 9 (increase of 4 from last week)

Settled Sales 2 (decrease of 18 from last week)

24 foreclosed homes for sale

Anne Arundel County

New Listings 173 (increase 90 from last week)

Under Contract 64 (increase 21 over last week)

Settled Sales 31 (decrease of 78 over last week)

147 foreclosed homes for sale.

Glen Burnie offers many affordable housing opportunities for those relocating to Ft. Meade and Annapolis. Glen Burnie is located north on 97 from rt 50 or north on Rt. 2 from Annapolis Naval Academy and east along 32 and north on 97 from Ft. Meade. It is a relatively easy commute from either base and only a couple short miles from the Curtis Bay Coast Guard Station too, as well as being commutable to DC whether you ride the MARC from Odenton or drive.

If you are thinking of buying or selling a home give me a call today and we'll talk about the market conditions and what your home could possibly be worth in today's market place if you are thinking of selling. You can save thousands by listing your home with Advance Realty Anne Arundel Inc.. If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building a lone is worth the plunge into todays market.

In keeping with saluting our heroes, during 2010 Advance Realty Anne Arundel Inc is waving administrative fees active duty military, retired military and the families of fallen military, as well as policemen, firemen and emt's. If you enter into a contract by the New Year's eve Advance Realty Anne Arundel Inc. will waive the admin fee at settlement. This is a $350 savings. If you are thinking about buying or selling a home give Advance Realty Anne Arundel a call and receive full service real estate assistance from an experienced agent. Our office is open 7 days a week and we can be reached at 410-761-1550.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Crofton MD Real Estate - Status for Week Ending 02/06/10

The current inventory for Crofton, MD homes is 128. 19 of these are rentals and 109 are homes for sale.

As you can see from the chart below, ten new listings came on the market in Crofton MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Six of the new listings were priced below $250,000, a nice price range for first time home buyers for Crofton, MD. The largest of the new listings was a 3 br, 2.5 bath house in the Crofton Highlands section listed for $550,000.

Three new rental listings came on the market and one had applications registered. Six homes completed the rental process and were marked Rented. The current rental market is very robust and competitive in Crofton, MD.

Four properties moved into a form of Contract status. Three properties moved into full contract status. This is a future indicator of settlements to come in the near future.

Four Crofton MD homes were marked SOLD and went to settlement.

If you're looking to purchase or sell a home in Crofton, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

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