Joe Buffington, GRI, CDPE

Olney Days is coming May 16-18, 2008. There is a bike ride, contests, bands, fireworks, Mr. and Mrs. Olney crowing, classic car show, parade, and much more. Go to http://www.goca.org/ to get the most up to date schedule. The fireworks on Saturday night are great. Most of the events are held at Olney Regional Park. Come early, stay late.

It is truly one of the best small town events in the county. If you are interested in volunteering please Helene Rosenhiem know.

Here is the Clarksburg Area (Clarksburg, Hyattstown, and Boyds) supply and demand chart for March 2008. The Red lines are the active homes, blue under contract, and green are sold. The absorbtion rate is determined by the number of homes on the market and the number of homes selling that month.

Actually the asorbtion rate went up compared to last year. Few areas in Montgomery County can boast that stat.

Absorbtion Rates:

March 2008 7% absorbtion rate

March 2007 5% absorbtion rate

March 2006 12% absorbtion rate

Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for March 2008. The Red lines are the active homes, blue under contract, and green are sold. The absorbtion rate is determined by the number of homes on the market and the number of homes selling that month.

Absorbtion Rates:

March 2008 7.5% absorbtion rate

March 2007 17% absorbtion rate

March 2006 28% absorbtion rate

Go to www.olneytowncenter.org to see the plans for the commercial center of Olney (rt. 108 & 97). The goal was to "define the master plan" visually, provide a civic center/town greens, and make the town more walkable. However, this MXTC zone is a one size fits all zone for a town that already has a "soul". We moved to Olney in 1979 because it had charm. Many newer developments have tried to manufacture that charm. That works great in many locations where nothing existed before, but Olney has a past and should look to preserving some of that spirit in the future. Also, I don't believe this plan has added a substantial amount of town green space, nor does Rt. 108 or Rt. 97 look any safer to tread on foot.

Sure the cynic is all of would say, "more development, more deals", but there are reasons that make each of the communities and hometowns that we sell special. I see these mega developments as a blow to the small business owners throughout the county. Rents are so high that very few businesses can get a foothold and start. Only the national chains will be left. Don't get me wrong I love cheese fries at Outback, but I would much rather eat great food from one of the local neighborhood restaurateurs who invest directly in our community.

The Olney Town Center Advisory group is looking for feedback before they send the illustrative plan to the park and planning. Please give your feedback. If you don't understand the plan please let them know that as well.