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md suburbs of dc: Housing Recovery? Not in this area. - 03/03/10 08:42 AM
Lately, I've been running a series on real estate market trends for 10 zip codes in the MD Suburbs that I service on a pretty regular basis.  So far I've run the charts for:
Bowie, MD 20720 Bowie, MD 20715 Greenbelt, MD 20770 What I've seen so far is not encouraging.  Prices are still continuing to decline and Day on Market are continuing to increase.  All this tells me is that the foreclosure and short sale market is continuing to be a drag regardless of Government home buyer tax credits.
That being said, so far I've only written the blog posts … (6 comments)

md suburbs of dc: Real Estate Market Data for the MD Subrubs of DC...Just Click! - 05/29/09 08:41 AM
I recently signed on with a great real estate market research company - Altos Research - that provides real time real estate market data for ten zip codes I know pretty well.
The real beauty of this is that both potential home sellers and home buyers can use this data to answer the question; "How is the market doing?" The data is presented in easy-to-understand graphs and a great sidebar explaining what the graphs mean.
Anyone can sign up to have the reports e-mailed directly to them at absolutely ZERO cost. 
So, you don't have to take my word for it … (2 comments)

md suburbs of dc: A Change (price adjustment) We Can Believe In -- College Park, MD - 01/26/09 04:53 PM
This home has been inspected, detected, selected and upgraded in all the places it counts:

* great open, remodeled kitchen
* huge renovated master bath with a Jacuzzi and water temperature control (the hot water stays hot!)
* a working sauna
* a fully finished walkout basement
* Pella doors
* hardwood floors
The new, new, new price on this is only $314,999 and it's very close to METRO and the University of MD.
… (5 comments)

md suburbs of dc: 5709 Butterfield Road, Clinton, MD 20735 - 01/12/09 03:33 PM
This home is located within minutes of Andrews AFB in a quiet, tree-lined community called Chirs-Mar. It'll only take one look to fall in love with both this house and the neighborhood of Colonial style homes with perfectly manicured lawns.
-- Minutes to Andrews AFB
--New Roof in 2008
--New Carpet and Flooring throughout the house
--largest lot in the neighborhood with spacious, fenced back yard
--Attached one-car garage with extra long driveway
--Seller says "Sell this house!"
--$7,500 Tax credit for first-time homebuyers
… (0 comments)

md suburbs of dc: College Park, MD: 5918 Bryn Mawr Road, New Great Price - $314,999 - 01/12/09 03:15 PM
If you were looking for a home that was in true "move-in" condition, this may be the one for you!
This beautiful home has been updated and remodeled with a gorgeous kitchen and spacious master bath complete with a real Jacuzzi with a temperature control that keeps the water warm (or hot!) as long as you want to sit in it.
It also has a working sauna in the fully finished walk-out basement.

-- Minutes to METRO
-- Minutes to the University of MD
-- Minutes to great commuter routes
-- Parks, Shopping, Movies, ... and More.

… (1 comments)

md suburbs of dc: Houses do sell...No Matter What You Hear on the News - 01/02/09 08:50 AM
I don't know if it's the interest rates, people getting tired of renting, a perception that home prices are pretty darn low (relative to recent home values) or what but homes are selling.  At least a couple of my listings.
I serve a community near the University of MD called College Park Woods.  It's a nice subdivision of single family homes built in the mid '60s.  Community pool. Community park. Close to METRO and some fairly big employers (USDA, NASA, Archives, to name a few).  So the location is good, the prices reasonable.
Yet, because of the "meltdown" and subsequent tightening … (3 comments)

md suburbs of dc: Is The Media Finally Coming Around? - 12/13/08 06:33 PM
Every Saturday in The Washington Post there is a special section called Real Estate.  It's mostly ads for builders but it does have a few articles that are sometimes interesting but mostly infuriating.  The regular columnists usually slam Realtors and others in the profession.
The lead article is always a little different from Saturday to Saturday.  I think they try to pick a theme.  Anyway, today's Real Estate section was quite interesting for two reasons:
It was razor thing.  Only four pages.  My guess is that all the builders decided to kill their ads for the holiday season.  I suspect they … (5 comments)

md suburbs of dc: The Supra to Sentrilock Conversion - 11/09/08 08:59 AM
Tomorrow, I walk into a hotel ballroom in Greenbelt to convert all my Supra lockboxes and key access to Sentrilock lockboxes and key access.  Woo! Hooo!!!
Neighboring jurisdictions have converted long ago (and one will convert a little later this year or early next, I understand). So I went and got my Sentrilock key and card reader several months ago.  I wasn't going to forgo showing property in either Anne Arundel County or Howard County just because Prince George's was running out the clock on their Supra contract.
I'm see a lot of pluses to Sentrilock, not the least of which … (10 comments)

md suburbs of dc: Why I Love Being A Real Estate Professional... - 11/04/08 06:27 AM
In the never ending line of chain blogs, I've been "tagged" by fellow CRS Chapter member and Realtor Extraordinaire, Rich Mielke to write about why I'm in this wacky business.  Rich got "tagged" from fellow Rainer/Realtor Sandy Shores from Melbourne, FL (can Sandy Shores be a real name for a Realtor in Florida??  Evidently so.), who was "tagged" by Fred Chamberlin, a mortgage guy, in the Eugene, OR area.
It never ceases to amaze me at the widespread connections we tend to make on Active Rain.  It just shows the awesome power of networking, writing, and experience...from a variety of different … (7 comments)

md suburbs of dc: The Millennials -- The WE Generation - 11/03/08 04:28 PM
I saw this as I was floating around on Facebook and I was both inspired and impressed. I'm a more of a Boomer myself and I find myself really hopeful that the next generation is considering itself the WE Generation. This is a great little video...and only four minutes and forty five seconds.
… (4 comments)

md suburbs of dc: I Finally Had To Say "Stop" - 10/30/08 09:37 AM
In my previous post, I asked when it might be time to let a buyer go by the way side.  The reason I posted it was that I was a bit conflicted about whether or not to "hang in" with someone who may or may not actually buy a house.  The premise being is that they may buy but that there was also a distinct possibility they would become a renter.
Well, after reading the feedback on the post and thinking long and hard, I decided to suggest this particular buyer/renter find another Realtor.  No, I didn't refer him.  I didn't … (12 comments)