In Maryland as with much of the country we have an over supply of inventory but now low interest rates may help us move our inventory. Maryland in spite of the negative national economic news still enjoys unemployment below the national trends with a rate of less than 6%. Maryland's major employers are the federal government, defense contractors, healthcare and education. Maryland for the 2nd year in a row was rated the richest state in the nation in 2008. Historically low interest may help reduce the inventory. Low interest rates has generated renewed interest home buying.  Additionally, interest rate buy downs have the potential of leveling off home prices.  When a seller pays an additional point to drop the buyer's interest rate 1% for the life of the loan it can be a win for both th... 01/19/2009

  When we moved to Crofton from San Diego, California, Larry was a young Navy Lieutenant, just completing four years of sea duty.  We were very excited to have some time together after several lengthy deployments, and Annapolis was only about an hour from my family. If you're headed to Annapolis to work at the U.S. Naval Academy or the Naval Station Annapolis, you're probably just as eager as we were - and with good reason.  This is a beautiful place to work and the Annapolis area is a fun place to call home. There is Navy housing 'in the yard" and nearby across the street, but most people live in local neighborhoods in Annapolis, Arnold, Edgewater, Crofton, Severna Park, or Davidsonvlle. You can just click on the links above to see homes in those areas and get a preliminary idea of pr... 01/14/2009

 Out and about Loving Annapolis The US Naval Academy Having grown up in Annapolis, the Naval Academy has always held a very large part in my childhood memories. A sea of white uniforms in the summer and another sea of dark uniforms in the winter would converge on my parent's office supply store on weekends as the Mids shopped  for those items that made their studies easier. The Navy football games in the fall were always a coveted ticket where tailgating and laughter rang out among the revelers attending. And the streets of Annapolis were jammed for a time as the middies marched to the stadium located outside the gates of the academy.  The Naval Academy has always been a favorite spot among residents and visitors alike, to run, walk, stroll or bike along the beautiful and scenic Severn ... 01/11/2009

Enjoy HD Videos Tours of Annapolis, Maryland and the surrounding area on Annapolis Landscape TV. New episodes posted approximately every two weeks with new HD video of Annapolis and "road trips" to the surrounding area. Visit us on i-Tunes or online at   Annapolis Landscape.TV 01/06/2009

  How important is communication to your clients?  To the consumer?  Are you the type that says that you will get back to them in 5 minutes, but it turns out to be 3 hours?  How do you set your clients expectations?  If your borrower either heard something from your office or from another person, do you just agree with it, or do you find out what was discussed first, before you say okay.   I bring some of this up because just today, I had a borrower who wanted some answers on what took place yesterday. I had put my processor and this borrower' sister in touch with each other, since she has been the go-between since day one. We are closing on Monday and we ran into a snag on Friday, yesterday, because the proof on this specific document was not what was expressed over the phone by the bo... 12/27/2008

  I love the holidays - Past, present, & future (please click link before preceding)... I love gatherings.... and I love meeting people. ACtive Rain gatherings -- For those of you new or old to Active Rain, it can be so much fun to meet others that you have followed, who you have talked to, and those that you have made an online connection with.  For those of you that know me, I guess you can say that I am a social butterfly. I just meeting people in general. But better yet, as I have mentioned, meeting in person those that you have connected with. Talk about solidifying those relationships, to bond with, and to grow into the future with. If you don't get tired reading these kinds of blogs, you can read about them in this group.  Active Rain Gatherings Group     About a month ago, my fr... 12/23/2008

Out and About Loving Annapolis  Harry Brownes Restaurant In AnnapolisLast Saturday evening during a light and beautiful snowfall, my husband and I headed downtown to Harry Brownes for his company Christmas Party.Located on State Circle in downtown Annapolis, Harry Brownes has been a beautiful addition to the Annapolis restaurant scene for about 20 years. Valet parking is a must when visiting Harry Brownes as the brick lined narrow street on which it is located has limited parking. As we pulled up in front of the restaurant the valet service whipped into action and we were quickly and pleasantly escorted inside. The party was held in the upstairs area of the restaurant where a full bar, comfortable seating and the buffet were all beautifully arranged to serve our needs. As we greeted eac... 12/08/2008

The Story Showcases a $1.2 Million Crownsville Waterfront Home We Found a Buyer For in 18 Days The Annapolis area is fortunate to have a great magazine - What's Up? Annapolis - to keep residents apprised of nearly everything that's going on around here. And we're fortunate to be featured in the December issue's "Real Time Real Estate" editorial section, highlighting a lovely property we sold in Crownsville a few months ago. You can read about it in the magazine - or simply click here to see the online version. I think the key takeaway from the story - at least for sellers - is this quote from my wife/partner, Bev Moss Haedrich: "Instead of chasing the market down with price reduction after price reduction, we strategically positioned this home out front at a fair and reasonable price," ... 12/05/2008

With no relief in sight anytime in the immediate future, the government continues to flounder in its attempt to resolve the current economic crisis. Bailouts, stimulus packages, and the recession are topics of casual conversation both at home and at work. Financial gridlock could be a better term to describe the current situation. The Baltimore Metro Home Price Index for November 2008 was down 0.8% from the month prior and down 1.7% from this time last year. The Anne Arundel County index was down 2.0% from the month prior and down 7.4% from this time last year. And, the Annapolis index was down 4.6% from the month prior and down 4.7% from this time last year. The Washington metro area S&P/Case-Shiller Home Price Index published for September was down 2.5% over August and down 17.2% from... 12/04/2008

THE LUXURY HOME MARKET IN MARYLAND IS HOLDING UP FOR HOME BUYERS.   December 2nd, 2008 ANNAPOLIS AND ARNOLD ARE SEEING CLOSED SALES for water front properties.  This happens yearly this time of the year.  Owners of waterfront properties enjoy their home during the summer season and, come fall, think about selling.  What is unique this year is the difference between the list price and sold price.   WaterfronT homes in Annapolis and Arnold sold for about $91% of list price.  Sales in the past have been approximately 94% of list price.  This means that sellers are more willing to negotiate price.  That's good news for luxury home buyers for water front properties in ANNAPOLIS and throughout the many wonderful resources for WATERFRONT PROPERTIES IN MARYLAND.  See map below. WATERFRONT HOMES... 12/02/2008

Many times a person would love to search for Annapolis homes for sale by subdivision.  It happens more frequently than not that a friend or co-worker may mention a subdivision or neighborhood that you really like, but just cannot remember the name.  Perhaps the Annapolis subdivisions is in a particular part of town, or near a school or maybe is just the perfect home in the price range you are looking for.  I get so many request for homes in communities in Annapolis ...that I decided to list the most popular Annapolis Subdivisions in this Blog.  These are just the most active Annapolis Homes by listings today November 20, 2008. Annapolis Subdivisions: Actons Landing, Admiral Heights, Amberley, Annapolis, Annapolis Cove, Annapolis Ridge, Annapolis Roads, Arundel on the Bay, Atlantis, Bay ... 11/20/2008

This is an Annapolis Maryland real estate update for Thursday November 20, 2008.  As of today Tuesday Thursday November 20, 2008 there are currently 410 homes for sale in Annapolis Maryland in our MRIS MLS System.  These are fee simple - single family homes detached homes for sale in Annapolis MD.  Annapolis Maryland is located just North West of Washington DC in Anne Arundel County Maryland.  Annapolis Maryland which is also the Captol of Maryland and the County seat of Anne Arundel County has great homes, neighborhoods, and some great subdivisions with reasonably priced single family detached fee simple homes for sale.  Below is a current list of activity on single family homes for sale in Annapolis Maryland. 410 'Active' - Annapolis Maryland Homes 4 'Cntg/KO' -  Annapolis Maryland Ho... 11/20/2008

The evening of November 4th was a historic night. The new President-elect faces a daunting array of challenges. One of the most important will be to halt the falling tide of home prices. More and more Americans face declining home values, overwhelming mortgage payments, and the real possibility of foreclosure. Will President-elect Obama be able to turn the tide and stop America slipping from recession into a depression? The Baltimore Metro Home Price Index for October 2008 was down 1.7% from the month prior and down 1.8% from this time last year. The Anne Arundel County index was down 1.2% from the month prior and down 7.4% from this time last year. And, the Annapolis index was down 6.5% from the month prior and down 10.3% from this time last year. Although the Washington DC metro area ... 11/10/2008

Do you know anyone who is facing foreclosure?  Anyone who is behind on their mortgage?  Anyone who has lost their job?  Anyone that has not been able to refinance their current mortgage? Today's distressed homeowners need answers and they need an advocate to offer options and help them understand their rights.  When homeowners find that their home is worth less than they owe, they often have no idea of what to do.  It seems impossible to get answers to critical questions about options and how each option might affect their credit in the short-term and ability to purchase a home in the future. As a REALTOR, it's not only my job, it's my passion to provide the help homeowners need when they need it.  So if you, a family member, friend or colleague is faced with an uncertain future, for a ... 11/10/2008

A reported by Robin Sidel in a November 1st article in The Wall Street Journal online "J.P. Morgan Chase & Co. launched an ambitious plan Friday to modify the terms of $70 billion in mortgages for borrowers who are behind on their payments or soon could be."  J.P. Morgage Chase appears to be leading the way in halting the rising tide of foreclosures and homeowner defaults on mortgage payments.  I congradulated J.P. Morgage Chase for stepping up to the plate to address the problem headon. 11/03/2008

  My good friend Lisa had an extra ticket to the Navy game so I got to go!  The last time I was at the Naval Academy Stadium it was for my son’s championship game last year, so this was a treat.  We went early to hang out with all of the people tailgating on this beautiful Saturday afternoon – 73 degrees on November 1st!!!  We met up with the class of 1984, had a snack and then went in to enjoy the game. Many of the classes that graduated from the Naval Academy have tents set up with grills and food before and during the game. We had fantastic seats, only 5 rows behind the Navy team. This was believed to be the biggest forth-quarter comeback in school history – they were tied at 7-7 at halftime, Temple was up 27-7 by the 4th, then Navy tied up the game.  Navy scored again in overtime an... 11/02/2008

We're not there yet.  We can expect six to twelve more months of declining home prices.  Although not all gloom and doom, "Home prices have already tumbled 20% from their peak three years ago, and will probably sink another 10% before stabilizing. Some 12 million homeowners currently owe more on their mortgages than the houses are worth..." as reported in June Fletcher's article today in The Wall Street Journal. Although Annapolis, Anne Arundel County, and much of Maryland has been relatively immune from foreclosures, they do exist.  Everyone knows someone (whether they realize it or not) who may be in trouble and might be behind in their mortgage and facing foreclosure.  This morning (10/29/08) there are 4,822 active listing in the MLS in Anne Arundel County of which 95 home (1.97%) ar... 10/29/2008

Kendal and I arrived at Ruth's Chris at 6:30 for our reservation. We were promptlyseated by the professional and attractive crew of hostesses. Within minuteswe were greeted by name by our server.  We ordered a bottle of wine from the impressive wine list. I selected a FrenchMeursault $60). After waiting about 3 minutes we were informed that that bottlewas no longer available but that they had a Jobard Meursault 1999. An impressivewine but listed on the list for $100. When I bought this to their attentionthey informed me that the manager had agreed to serve us the $100 bottle for $60!Quite magnanimous. For appetizers Kendal ordered the Lobster Bisque Special ($9.99) not reallya special because it is always available. I ordered the Escargot with Artichokesand Mushrooms in a traditional, i... 10/28/2008

John Knorr, senior vice president of Phillips Foods Inc. reports that Phillips Seafood will sell a portion of its waterfront Annapolis restaurant to a nonprofit and has received multiple other offers to buy the property. The National Sailing Hall of Fame is under contract to purchase the patio, roughly a third of the restaurant. The company has received three other offers in the past 12 months for the property, said John Knorr.  But Knorr insists that the move is not designed to cut costs in a down economy. He said the company's restaurants are doing well. The crab giant is "exploring all our options.  But the seafood company is cutting costs in other ways. Phillips Seafood has had a tumultuos year following the sudden, unexpected death of its President, Mark Sneed.  A personal disclosu... 10/28/2008

One of Anne Arundel County's biggest retail projects will open its doors on Sunday. Owings Mills-based Greenberg Gibbons Commercial Corp. is redeveloping the former Parole Plaza Mall to create a $500 million retail, office and residential redevelopment complex. The outdoor mall will include extensive streetscaping to create a Main Street-style town center, or what retailers dub a "lifestyle" center. The redevelopment follows a 240,000-square-foot expansion at neighboring Westfield Annapolis mall. Target, P.F. Chang's now open at Annapolis Towne Centre  Several stores at Annapolis Towne Centre at Parole, including anchor tenant Target, opened in October 2008. Other stores to open include Coldwater Creek, women's sportswear firm Lucy activewear and Great Gatherings, an Ohio-based firms th... 10/28/2008