The market has really started to heat up, with more buyers searching for their first or next home.  The number of new listings has increased and the number of homes going under contract has also increased.  The numbers boast an improvement in the housing market here in Maryland.  How much of this is just due to seasonal adjustments though rather than market conditions and the reduction in the federal lending rates.  It will be interesting to see how this all changes with the changes in the FHA and Jumbo loan limits and the drop in the rates.

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

Glen Burnie, MD

 New Listings       32 (decrease of 2 from last week)           Total 437

Under Contract    17 (decrease 11 from last week)

Settled Sales       7 (no change from last week)

Anne Arundel County

New Listings        273 (decrease of 6 from last week)          Total 3924 (increase of 70 from last week)

Under Contract    110 (decrease of 108 over last week)

Settled Sales       42 (increase of 8 over last week)

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.