annapolis area real estate: Grab Your Checkbooks! This Edgewater, MD Waterfront Compound at 3914 Bayside Drive Just Dropped Below a Million - 06/18/10 01:01 PM

Waterfront homebuyers in the Annapolis area are a very patient breed these days. 
And why shouldn't they be: there's plenty of inventory, few serious buyers, and an increasing number of motivated sellers. 
Still, when buyers with the means find a waterfront property with the goods - as in good value - they're buying. Just last week one of our waterfront listings ($1.7 mil) went under contract.
Next to go under contract could be this wonderful waterfront home in the Shoreham Beach area of Edgewater, MD. Just today the price of 3914 Bayside Drive dropped to $999,999 - a real bargain … (0 comments)

annapolis area real estate: Annapolis Waterfront Homes For Sale: Two New Knock-Your-Socks-Off Listings - 04/20/10 09:52 AM
In The Market for Annapolis Waterfront? We’ve Got a Beauty for Under a Million…and a Magothy River Gem at $1.725 Mil If the number of calls we’re getting on our two newest waterfront listings is any indication, Annapolis is crawling with waterfront buyers in search of their new dream home.
1134 River Bay is the sort of one-of-a-kind, custom home that waterfront buyers only dream about. It was designed by renowned local architect,Catherine Purple Cherry, and if I had to describe it in a phrase it would be “elegantly comfortable.” If you lived here, you’d have very little incentive to ever leave … (0 comments)

annapolis area real estate: Riva Trace Real Estate Market Update - 03/14/10 09:22 AM

Riva Trace is One of The Annapolis Area’s Best Kept Secrets. And Those Who Find It, Find It Hard to Leave We should know: we’ve lived here 9 years. And though we have – on occasion – thought about moving from our lovely 3rd level condo, we’re not sure why.
We’re close to the action here, just a mile or two from the new Annapolis Towne Center. The mall is just a hop, skip and a jump. Routes 50 and 97 are a 5 minute drive….but it feels like we’re way out in the beautiful ‘burbs. The people are nice, the … (0 comments)

annapolis area real estate: Shoreham Beach Home For Sale: 3914 Bayside Drive, Edgewater, Maryland - 02/28/10 03:14 AM
Our Newest Edgewater Listing Has a Host of Hidden Treasures, Panoramic Water Views and So Much More
East of Loch Haven Road to the end of the Mayo Peninsula you’ll come across some of the nicest little communities in the Annapolis area – Selby on the Bay, Ponder Cove, Turkey Point, Mayo Beach and Beverly Beach, among others.
Shoreham Beach, too, where – as with so many other local maritime communities – older cottages mingle quite comfortably, thank you, with million dollar plus waterfront homes. Indeed, many of the more expensive properties ARE old cottages reincarnated.
Our newest listing – 3914 Bayside Drive, with 100′ of … (3 comments)

annapolis area real estate: 15 Random Thoughts for Annapolis Area Homebuyers and Sellers - 02/24/10 03:47 AM
A Crash Course for Active, Soon-to-Be or Wanna-Be Buyers and Sellers of Real Estate 1. If in doubt, paint it.
2. Buy below your means.
3. If you’re shopping for a million dollar plus home on the water in the Annapolis area, you’ll probably drive by many less-than-million-dollar homes to get there. Just the way it is.
4. Homes do not sell themselves, no matter how beautiful they are.
5. Buyers don’t care if you’ve already fixed, painted or repaired 98 items out of 100. They only care about the 2 you didn’t.
6. Buyers will over-estimate the cost of home … (0 comments)

annapolis area real estate: What Drives Annapolis Real Estate Sellers Crazy? - 09/02/09 10:59 AM
 
A Number of Things – But Here’s Ken’s Video Post About the ONE THING That Takes the Cake They’ve actually done surveys to get the public’s opinion about how real estate agents measure up against other professionals. The results, I have to tell you, are not pretty if you’re one of us: in the public’s eye, we rank right up there with used car salesmen.
In our defense, being a Realtor is not an easy job. The hours and demands are many. Still, there’s no excuse for certain behaviors, as I mention here. Have a look, and let me know … (0 comments)

annapolis area real estate: Annapolis First Time Homebuyer Math: The Countdown Continues - 08/12/09 08:01 AM
Waiting is Not a Great Strategy if You Plan to Get a Slice of the $8,000 Tax Credit Pie Uncle Sam is Serving
Waiting is human nature. I usually wait too long between dentist appointments, wait to say my prayers until I buy a lottery ticket, wait until I’m pretty fried before I take a vacation. Most of us can relate.
But if you’re waiting to take advantage of the $8,000 tax credit that’s available to eligible first time homebuyers, you need a serious kick in the pants.
If you’re thinking the offer will be extended, don’t count on it. … (0 comments)

annapolis area real estate: Has the Annapolis Real Estate Market Stabilized? - 08/11/09 09:39 AM
That All Depends On the Data You Read, How You Interpret It, and How Much – Frankly – You Really Want to Move
That’s the question everyone wants to know the answer to: has the market stabilized? Realtors hear it all the time, but any Realtor who pretends to know the answer is probably telling you something you want to hear.
Which is not to say there’s no reason for optimism both nationally and locally.
The Case-Shiller Home Price Indices released on July 28th showed home values up in 15 of its 20 tracked US markets – the first period of … (0 comments)

annapolis area real estate: How Waiting For Annapolis Real Estate Prices to Fall Further Could Put a Dent in Your Home Buying Plans - 06/22/09 10:29 PM
So you’ve been sitting on the fence, waiting for the perfect time to buy a home here in the Annapolis area. But when IS the best time? When home prices appear to have bottomed out? And is it even possible to time the real estate market? As you’ll see in the video here, there’s a little more to the affordability equation than meets the eye. Have a look. And if you’d like to talk me about home affordability, interest rates, buying or selling a home – just send me an email at KenHaedrich@gmail.com, or you can reach me on my cell … (0 comments)

annapolis area real estate: Annapolis Real Estate Sellers: Here's Why You Should Love the Nosey Neighbors - 06/08/09 06:34 AM
If you're selling your Annapolis home, or thinking about it, chances are you're wondering about open houses...whether or not they work (something I'll talk about in an upcoming video)...and the dreaded Nosey Neighbors.
Not to worry: if they're nosey, they probably like to blab, too - and that's a good thing. If you're wondering why, just watch this video.
And by the way, if you are indeed thinking about selling your Annapolis area home - or would like to talk about the nosey neighbors...or perhaps have a question about buying a home in the Annapolis are - feel free to get … (0 comments)

annapolis area real estate: A Few Words About the $8,000 Tax Credit for Annapolis Area First Time Homebuyers - 06/02/09 01:09 AM
If you're a first time homebuyer, you've probably heard that Uncle Sam wants to give you $8,000 to buy a home this year. We've been getting a lot of calls about this credit, so I decided to make a short video about the most important thing you need to know about it. Have a look.
 
 
 
 
(0 comments)

annapolis area real estate: Riva Trace Condos: An Annapolis Real Estate Market Update - 05/12/09 11:21 AM
A Quick Look at How Things are Selling at these Perennially Popular Annapolis Condos
Funny how many people you meet who don't know about the condos in Riva Trace. Perhaps it's because there's only one road in and out - no through traffic.
Or perhaps it's because everyone is distracted by the smart looking townhomes here, too, or the carefully manicured landscaping at every turn.
The Setup: The Riva Trace condo complex is a series of nine, 3-level buildings constructed 20 years ago - though the buildings are so well maintained that they hardly show their age.
The units on the 1st and 2nd levels … (0 comments)

annapolis area real estate: Name This Annapolis View, Win a Prize - 04/18/09 01:02 AM
We've Just Listed This Waterfront Home in Annapolis. Tell Us Where It Is, and We'll Send You a Gift

Fridays are for fun on this blog, and since it's been a while since we've had a Fun Friday post we're going to make this one extra-special.
So here's the deal: look closely at the photo, taken from the garden of our new listing. Now, do a little research and figure out where it is.
If you're one of the first 3 people to email me with the address of the property, I'll send you a gift card for $10 to one of … (0 comments)

annapolis area real estate: Who Reads This Blog Besides You? A Revealing Look at the Visitors to AnnapolisHomeDigest.com - 04/03/09 12:50 PM
In Case You've Been Wondering Who You Are, I Have Some Answers
I imagine it's the same with other bloggers, but I find it quite interesting - and instructive - to keep track of who is reading this blog and what you're reading. For one thing, it helps me figure out what sort of information you want more of. (Just for the record, that's a generic WHO - other than subscribers, I can't tell who you are.)
So I make it my business to keep track of what pages you're landing on when you come here, and the search terms you use … (0 comments)

annapolis area real estate: 1 Poplar Point Rd, Edgewater, MD 21037: The Much-Publicized "Fifty Dollar House" is For Sale - 03/27/09 10:52 AM
The Winners of This Recently Raffled Home You've Been Hearing About in the National Media Have Decided to Sell This Beauty
        
6 Bedrooms - 4 1/2 Baths - Gorgeous Open Floor Plan - Stunning Gourmet Kitchen - Private Guest or Au Pair Suite - Nearly 2 Acres - New Construction/Renovation
You probably heard about this home on the news. It's the "Fifty Dollar House" that CNN, NBC and so many others reported on. We're representing the new owners in the sale of this home that features a beautiful, spacious open floor plan, the kitchen of your dreams, and private wing for … (3 comments)

annapolis area real estate: The Bad News: You're Not the Winner of the Fifty Dollar House. Good News? It's For Sale - 03/27/09 12:32 AM
That's Right! And You Could Do a Heck of a Lot Worse Than Pay $799,900 for a Home That Appraised in November for $1.2 Mil

Unless you've been living in a cave somewhere in the Annapolis area, you know all about the now famous Fifty Dollar House. It was raffled off in January to one lucky winner - Karen McHale of Idaho Springs, Colorado - whom you met here shortly after she heard the exciting news.
With a touch of regret - she says it would have been delightful to own a second home near the Chesapeake, but her retirement plans will take she and her husband west, not east - Mrs. … (0 comments)

annapolis area real estate: Tuscan-Inspired Fare Is On the Menu at BRIO, The Latest Gem at Annapolis Towne Centre - 03/24/09 12:07 PM
My Daughter Is Living in Tuscany Until June and She Wants Us To Come Visit. This Is Probably As Close As We'll Get

As invitations go, this one was a no-brainer: We're opening a new restaurant at the Annapolis Towne Centre - BRIO - and you're invited. This is a private, invitation-only event; the masses will have to wait. All you have to pay for is drinks, and be as understanding as possible if our staff-in-training brings you the wrong order or drops linguine in your lap.
Okay, so I made that last part up - but show up we did. Everyone knows that if you invite Realtors to … (0 comments)

annapolis area real estate: Been Timing the Annapolis Real Estate Market? Thanks to the Fed, It's Time to Make a Deal - 03/20/09 10:35 AM
The Federal Reserve Announced Wednesday That It Will Inject $1 Trillion Into the Financial System By Purchasing Treasury Bonds and Mortgage Securities
Bottom line for Annapolis area home buyers? The best interest rates you're likely to see for a while. I just got off the phone with a lender who told me he's quoting rates of 4.75% on 30-year fixed rate conforming loans and 5% on FHA loans.
He also told me this: the appraisers he's been talking to in the last couple of weeks are coming in with appraisals that are above selling price - a good indication that home prices have bottomed out.
(3 comments)

annapolis area real estate: Sellers: 5 Things Buyers Really Don't Like About Your Annapolis Home - 03/14/09 11:03 AM
As Elsewhere, Buyers Are Calling the Shots in the Annapolis Real Estate Market. Here Are 5 Ways to Really Get Their Goat

I was reading Active Rain the other day and came across an article with a very similar title to the one above. It doesn't beat around the bush, and that's a good thing: the market is too competitive right now for bush beating. I've cribbed the 5 "things", but the observations are mine.
#1. Odors. If your home has off odors, you're a dead duck. Odors have essentially the same irritating effect on buyers as an alarm that goes if when … (1 comments)

annapolis area real estate: Annapolis Open House: Come and Keep Me Company This Sunday in Eastport at 1027 Boucher Ave - 03/07/09 06:42 AM
The Weather - and The Real Estate Market - Are Warming Up in Annapolis - and Home Buyers are On the Move 
Spring is the best time for holding open houses. Everyone's got cabin fever and they're anxious to get out. Home buyers are anticipating their need to find a home by April or May and get settled by summer. 
It's not too hot, which always puts the kabosh on open house turnout. Or too cold, which does the same.
The weather this Sunday is supposed to be stellar, so why don't you join me at an open house I'll be holding in Eastport, at … (0 comments)

 

Ken Haedrich

Annapolis, MD

More about me…

Keller Williams

Office: 4109(724) 000-4022

Mobile: (410) 507-7222

Buyer and seller advice, homeowner how-to, local happenings, the latest market info and stats, neighborhood profiles...and much more for anyone who lives in or plans on moving to the Annapolis area.


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