White Marsh Real Estate, September 2016
By Scott
November 9, 2016
The award for the hottest market in our area of emphasis is White Marsh, MD! Not because of the sheer number of sales; more so because of the type of activity. 48 sales occurred in the 21236 zip, and 5 changed hands in the 21162, and while these represented a decrease from September of 2015, the fundamentals for demand are actually greater. Let me explain. Last year, there were 167 homes on the market in White Marsh, with only 40 having sold, which means there was more than 4 months’ worth of inventory available. This year, these numbers became compressed, where there were only 122 active listings in ...
Next to Harbor Shops in Havre de Grace
By Scott
November 7, 2016
I remember as a kid, one of my favorite cartoons was The Flintstones. For those of us old enough, you’ll recall that Fred worked at a quarry, using one of those massive earth-moving machines. One of my most vivid memories was how he reacted when the whistle blew at the end of the day and it was time to go home! I couldn’t help but think about the cartoon when I saw the massive rocks being shoved around in the picture below, which is just next to the Harbor Shops in Havre de Grace, on route 40 ...
Old Aberdeen Mickey D's
By Scott
November 2, 2016
If you’re from the Aberdeen area, I want you to admit something. You’re going to tell the truth about having been to this McDonald’s on route 40 at some point on a Sunday morning, hungover, feeling like death, ordering pancakes and coffee to help ease the pain. If you say you haven’t, you’re lying! And if you’re still in the area, you know that this store closed, and they built a brand new one next to Royal Farms, across from Walmart just up the street. But I have more ...
Real Estate Brokerage "Graduates" Incubator
By Scott
October 30, 2016
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 ...