Blog

Abingdon MD Real Estate from August 2016
By Scott
October 6, 2016
While we’re still waiting for the final numbers to come in for September, we can still take a look at what happened in residential real estate in Abingdon, MD during the month of August, 2016. It Is no surprise that in what is usually a fairly hot market, there was a ton of activity. But despite the sheer volume of sales in such a small market, some of the metrics are actually down from a year ago. The total sales volume was just over $13 million for the month, made up from 59 closed sales. The amount of closed homes was ...
New Industrial Park
By Scott
October 8, 2016
How many of you travel through Cecil County along route 40? If you do, then you've likely driven past this massive project, just off of Principio Parkway. Despite the proximity to a few residential developments, the highest and best use for this is commercial-more specifically, industrial-a will be home to another warehouse business park called "Principio Commece Center I" (I take it there will be a 2nd phase since this is called I).  Are there any tenants signed up yet? Not sure, but I doubt it. Not that they won't be leased up pretty quickly; this is a prime location ...
Bel Air MD Real Estate from September 2016
By Scott
October 23, 2016
Where there’s smoke, there’s fire, and the source has been the real estate market in Bel Air, MD! During September, there was a whopping $29 million in residential homes moved, which is up 12% over the same month in 2015. This represented the sale of 97 homes, where the average sales price was $298,000. This was a modest increase over last year of 1.5%. The highest-priced home sale was in Willow Chase on Springvale drive, and sold for $790,000. A picture of this property can be seen below. The inventory issue doesn’t seem to be affecting Bel Air real estate as ...
Real Estate Brokerage "Graduates" Incubator
By Scott
October 30, 2016