Laurel Marylanddoes matter. We are important. To prove it Governor Martin O'Malley visited us last Friday.
Speaking in Laurel Lakes with County Councilman Dernoga, Maryland Senator Rosapepe, and Maryland Delegates Pena-Melnyk and Barnes in attendance, the Governor answered questions.
One of the hot topics were Maryland's budget cuts and how they might affect Laurel. The government of Laurel has been pretty thrifty in managing their money. However, the Governor has to make cuts and Prince Georges County will have their fair share.
In Maryland, the law states the budget must be balanced. You can make arguments wheather this is a good thing or a bad thing for our state. Over time Laurel Md will feel the impact of these cuts.
How this may affect the Maryland real estate is anybodies guess. However, the federal government is still providing incentives for home buyers. Prices and interest rates are still low. More Maryland home sales will help the economy and lessen the impact on Laurel and other Maryland cities.
For information on Maryland and other local communities visit, Maryland real estate.
Brian, ah budget cuts! Seems like they are cropping up all over and the obvious thing that happens with tax cuts. Hope they chop wisely in your area!