homes belair: What's Happening in Bel Air Right NOW? - 12/06/08 03:38 PM
Bel Air, Maryland, Maryland
Here's an up-to-the-minute snapshot of Real Estate activity in Harford County's Bel Air, Maryland (zip codes 21014 and 21015):*
There are a total of 419 homes that are currently FOR SALE in Bel Air, MD
58% are detached single family homes, 20% are townhomes, and 22% are condos. Asking prices range from $101,145 to 1,350,000.  
The inventory is abundant; there's something for everyone's taste and budget and now's an exceptional time to buy.  So, whether you're looking for that perfect first home, a decent fixer-upper, or your next buy-up -- call me for the best deal available.
If you'd … (2 comments)

homes belair: Bel Market Snapshot: Week 48 - 12/05/08 11:49 PM

LAST WEEK  in Bel Air, Maryland...
a total of $3.3 million in real estate was SOLD!
 
9 Houses SOLD Average Days on the Market (DOM) for houses sold - 146 Average Sales Price for houses sold - $368,311 



 
 
Highest Sales Price - $480,000 (originally listed at 549,900) THIS IS NOT A TYPO!
8 yr-old ALL BRICK Colonial on less than 1.2 acres 5 Beds/3 Full, 1 Half Bath 96 DOM  
 
 
 

 
 
 
Lowest Sales Price - $175,000(originally listed at $175,000)
18 yr-old Condo 2 Beds/2 Bath 52 DOM … (1 comments)

homes belair: Bel Market Snapshot: Week 47 - 12/02/08 03:09 PM
LAST WEEK  in Bel Air, Maryland...
a total of $3.2 million in real estate was SOLD!
 
12 Houses SOLD Average Days on the Market (DOM) for houses sold - 110 Average Sales Price for houses sold - $268,567 



 
 
Highest Sales Price - $435.900  (originally listed at 499,900)
5 yr-old Colonial on less than 1/4 acres 4 Beds/3 Full, 1 Half Bath 19 DOM  
 
 
 

 
 
 
Lowest Sales Price - $128,000(originally listed at $139,000)
37 yr-old Condo 2 Beds/1 Bath 44 DOM  
 
 
Above data is … (1 comments)

homes belair: Bel Market Snapshot: Week 46 - 12/02/08 02:58 PM
WEEK 46 in Bel Air, Maryland...
a total of $2.4 million in real estate was SOLD!
 
9 Houses SOLD Average Days on the Market (DOM) for houses sold - 206- OUCH! Average Sales Price for houses sold - $265,333 



 
 
Highest Sales Price - $549.900  (originally listed at 499,000)
9 yr-old Colonial on 1/3 acres 5 Beds/4 Full, 1 Half Bath 229 DOM  
 
 
 

 
 
 
Lowest Sales Price - $165,000 (originally listed at $175,000)
15 yr-old Condo 2 Beds/2 Bath 138 DOM  
 
 
Above data is … (0 comments)

homes belair: Bel Market Snapshot: Week 45 - 12/02/08 02:47 PM
WEEK 45 in Bel Air, Maryland...
a total of $1.5 million in real estate was SOLD!
 
4 Houses SOLD Average Days on the Market (DOM) for houses sold - 363 - OUCH! Average Sales Price for houses sold - $366,750 



 
 
Highest Sales Price - $500,000  (originally listed at 499,900)
10 yr-old Colonial on 1/2 acres 4 Beds/3 Full, 1 Half Bath 23 DOM  
 
 
 

 
 
 
Lowest Sales Price - $212,000 (originally listed at $230,000)
17 yr-old Townhouse 3 Beds/2.5 Bath 455 DOM  
 
 
Above data … (0 comments)

homes belair: Bel Air Market Snapshot: Week 44 - 11/14/08 05:24 AM
Last week in Bel Air, Maryland...
a total of $2.1 million in real estate was SOLD!
 
8 Houses SOLD Average Days on the Market (DOM) for houses sold - 95 Average Sales Price for houses sold - $257,413   




 
 
Highest Sales Price - $410,000  (originally listed at 419,500)
19 yr-old Colonial on nearly 1/2 acres 3 Beds/2 Full, 1 Half Bath 102 DOM  
 
 
 

 
 
 
Lowest Sales Price - $174,500 (originally listed at $185,000)
18 yr-old Townhouse 2 Beds/1 Bath 164 DOM  
 
 
Above data … (0 comments)

homes belair: Quick Note to Bel Air Sellers: Don't Believe the Hype! - 11/08/08 01:26 PM
Dear Mr. and Mrs. Home Seller,
If you've been following my posts, you should be up on what's going on in Bel Air, real estate-wise.
And if you haven't been following my posts, well, shame on you!
Don't believe the hype that's so prevalent in "The News".  Homes are selling and will continue to sell. Why? Because people need shelter and will continue to need shelter.  Been that way since, well, since forever. 
That's just a given.
So, to quickly synopsize --
Yes, it's a Buyers' Market. Absolutely, homes are selling in Bel Air and surrounds. That's correct, over $5 mil … (6 comments)

homes belair: Bel Air Market Snapshot: Week 43 - 11/07/08 08:02 AM
Last week in Bel Air, Maryland...
a total of $5.4 million in real estate was SOLD!  
19 Houses SOLD Average Days on the Market (DOM) for houses sold - 91 Average Sales Price for houses sold - $285,258 



 
 
Highest Sales Price - $485,000
12 yr-old Brick Colonial on 1/3 acres 4 Beds/3 Full Baths  
 
 
 

 
 
 
Lowest Sales Price - $125,000
37 yr-old Condo 2 Beds/1 Bath  
 
 
Above data is for week beginning Sunday, October, 26th and ending Saturday, November 1st for zip codes 21014 and 21015.
(4 comments)

homes belair: Bel Air Market Snapshot: Week 42 - 10/31/08 06:24 PM
Last week in Bel Air, Maryland...
a total of $4.3 million in real estate was SOLD!

15 Houses SOLD Average Days on the Market (DOM) for houses sold - 156 Average Sales Price for houses sold - $285,653 



 
 
Highest Sales Price - $510,000
15 yr-old Brick Colonial on 1/2 acres 4 Beds/2 Full, 2 Half Baths  
 
 
 

 
 
 
Lowest Sales Price - $132,500
21 yr-old Townhouse 3 Beds/1.5 Baths  
 
 
Above data is for week beginning Sunday, October, 19th and ending Saturday, October 25th for zip codes 21014 … (1 comments)

homes belair: He Who Hesitates... - 10/31/08 05:22 PM
...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 … (12 comments)

homes belair: Bel Air Market Snapshot: Week 41 - 10/19/08 04:25 AM
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, … (3 comments)

homes belair: Bel Air Market Snapshot: Week 40 - 10/14/08 01:55 AM
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 … (1 comments)

homes belair: Bel Air, MD Housing Market Report: 3rd Quarter 2008 vs. 2007 - 10/07/08 03:33 AM
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:
On average, homes are staying on the market about a month longer than last year - 31% 21% less homes were sold this year vs. last year  There was a negligible change in average sales price - less than 1% *Days on the market

-----------------------------------------------------------------------------------------------------------------
I know Bel Air, Maryland and surrounds.  So, if … (0 comments)

homes belair: Buyer Tip: Bring Certified Funds to Your Closing - 10/06/08 03:53 AM
The MAR (Maryland Association of Realtors) recently updated its Residential Contract of sale and I've already gone awry; the revised contract was effective October 1st and I've had to re-write a couple that were in process.
Although there were several notable changes, one item remained the same.  It's on the very first page, regarding the balance of the sales price (minus deposit(s)) being paid at the settlement table by means of certified check, wired funds, bank funds, or just plain ole cash.   I'm paraphrasing.
Interesting that this one is clearly stated and unchanged.  Perhaps others have experienced a buyer arriving at the closing table without … (1 comments)

homes belair: Bel Air Market Snapshot: Week 39 - 10/06/08 01:56 AM
Last week in Bel Air, Maryland...a total of $5.1 million in real estate was SOLD!

17 Houses SOLD Average Days on the Market (DOM) for houses sold - 136 Average Sales Price for houses sold - $302,305








Highest Sales Price - $505,000
13 yr-old Brick-Front Colonial on 1/4 acre 4 Beds/3.5 Baths








Lowest Sales Price - $187,500
7 yr-old Condo 2 Beds/2 Full Baths




Above data is for week beginning Sunday, September, 28th and ending Saturday, October … (1 comments)

homes belair: Bel Air, MD REO Market Report? - 10/05/08 10:14 AM
Is there a rule that I don't know about regarding marketing REOs?
 
I have not seen one REO marketed with a virtual tour. 
I have yet to see more than 1 photo on an REO in the MLS.
Many REOs have no picture in the MLS at all.
Many REOs have little more in the comments field than "bank-owned" or something to that effect.
I can't remember the last time I saw a complete listing in the MLS. Many REOs have no rooms at all and/or no heating/air systems if you rely on the info (or lack thereof) provided in … (3 comments)

homes belair: Back to Basics: The Local Credit Union - 10/02/08 06:53 AM
I've always felt this way and now I have the facts and figures to back it up.
I've been banking with a Credit Union for eons.  I opened my first checking account at 16 when I started a part-time job as a Pinkie at Maryland General Hospital. 
Now, those were the days. Was I was rolling in the dough, or what?  Making $6.25/hour and not a care in the world (read; bills!), I bought all the AVON I could fit into my room; Sweet Honesty was my signature fragrance back in the day.  I was queen of the designer jeans, jordache, sergio valente, … (2 comments)

homes belair: Bad, Bad Photos... - 02/06/07 10:43 PM
I was checking our MLS for some listings for a buyer and came across this little ditty.

I honestly don't know why a listing agent would market a property like this. It's such a dis-service to his seller. If you can get past not being able to see the room, you surely are asking yourself what the heck is going on outside that window on the left. Did someone just drop a nuclear bomb? Buy a decent digital camera for petesake!
(16 comments)

 
Lanette Branch, Bel Air, MD Real Estate Agent (Taylor Properties)

Lanette Branch

Bel Air, MD Real Estate Agent

Bel Air, MD

More about me…

Taylor Properties

Address: 175 Admiral Cochrane Drive Suite 111-112, Annapolis, MD, 21401

Office: (301) 970-2447

Mobile: (410) 258-0663

Hey, y'all! It's me, Lanette in Bel Air, and I love sharing my take on Real Estate and whatever else comes to mind. Read it, digest it, then let's engage in some written banter, shall we?


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