Lanette Branch, - Bel Air, MD REALTOR

...loses the bid and loses the property.

I guess "the market" is picking up in my neck of the woods. It's been 2 weeks and I've written 3 different offers for three different buyers. As the saying goes, "third time's the charm", but that has not been the case here in beautiful Bel Air and surrounds. You see, each of my aforementioned 3 buyers were, how should I put it, a day late and a dollar short. None of the 3 buyers' offers were accepted because another buyer (or three) beat us to the punch.

He who hesitates loses.

So, If you're currently in the buying mode and you see a property you really like, do something wild and crazy -- step outside of the box, break through the paradigm...

make an offer on it.

And here's something even crazier -- get that offer in today because when you get around to making your offer tomorrow, that home you really like may be under contract...

with another buyer.

Ask my three buyers.

Anyways, I'm seeing the whole silver lining of it all; the market is turning...

ever so slowly,

yet surely...

and I'm thinking it's a good thing.

Call me if you want to buy or sell in Bel Air. I'm a Realtor!

Last week in Bel Air, Maryland...

a total of $1.1 million in real estate was SOLD!

• 4 Houses SOLD
• Average Days on the Market (DOM) for houses sold - 286 OUCH!
• Average Sales Price for houses sold - $277,750

Highest Sales Price - $325,000

• 20 yr-old Brick Rancher on 1/4 acres
  
• 3 Beds/3 Baths

Lowest Sales Price - $200,000

• 3 yr-old Condo
• 2 Beds/2 Full Baths

Above data is for week beginning Sunday, October, 12th and ending Saturday, October 18th for zip codes 21014 and 21015.

Interested in more information on what's happening in Bel Air or looking to buy or sell some real estate of your own? Contact Lanette and let's get started.

Information is obtained from our local MLS and is believed to be accurate, but is not guaranteed.

Last week in Bel Air, Maryland...a total of $3.8 million in real estate was SOLD!

• 11 Houses SOLD
• Average Days on the Market (DOM) for houses sold - 108
• Average Sales Price for houses sold - $347,886

Highest Sales Price - $495,000

• 8 yr-old Colonial on 1/4 acre
• 4 Beds/3.5 Baths
• 10 DOM

Lowest Sales Price - $174,000

• 18 yr-old Condo
• 2 Beds/1 Full Baths
• 164 DOM

Above data is for week beginning Sunday, October, 5th and ending Saturday, October 11thfor zip codes 21014 and 21015.

Interested in more information on what's happening in Bel Air or looking to buy or sell some real estate of your own? Contact Lanette and let's get started.

Information is obtained from our local MLS and is believed to be accurate, but is not guaranteed.

I don't know how long it's going to last at this price nor do I know what kind of games the Wa-Wa and the 7-Eleven are playing at Conowingo Road and Route 1 in Bel Air, Maryland.

And I don't care.

What does matter right now is that I filled my Pathfinder up for $28 tonight.

She was riding on fumes.

Then I went home and got the Benz and filled her to the brim for $41.

She's been in the garage for some time (being that she only drinks the Moet of gas!), so it was kinda nice to drive her...

Funny thing is, I got a call from my husband who was returning home from a night of poker. He had to do a double take -- probably thought he had one too many Jacks? -- when he saw Wa-Wa's gas at $2.27 and was about to do a U-ey when he noticed the $2.00 7-Eleven gas just across the street. Needless to say, he pulled into the 7-Elven and gave me a call. No sooner had I pulled up and took a pic than the Wa-Wa wised up and changed the price to $2.05.

It was midnight and the atmosphere was alive with electricity....folks snapping pics w/their camera phones, calling family, friends, and neighbors...quite festive for a friday night in Bel Air. Personally, I felt like I'd just hit the lottery.

Ya'll better get on over to the 7-Eleven and get some $2 gas before they come to their senses in the morning.

This past quarter in Bel Air...

$64.4 million in real estate was SOLD

• 194 Homes
• $331,986 average sales price
• 121 DOM*

Last year during the same time frame (July, August, September)...

$82.4 million in real estate SOLD

• 247 Homes
• $333,521 average sales price
• 84 DOM*

Quick Summary:

1. On average, homes are staying on the market about a month longer than last year - 31%
2. 21% less homes were sold this year vs. last year
3. There was a negligible change in average sales price - less than 1%

*Days on the market

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I know Bel Air, Maryland and surrounds. So, if you're interested in buying or selling, I'm listening.

Lanette Branch, RE/MAX 1st Advantage - BEL AIR