Home Sales Up In April As Prices Fall

Across the country there was an increase in homes sold in April over March of this year.  According to an article in the Wall Street Journal this was due to a number of factors which I have discussed here in earlier Laurel Real Estate Blog. Lower prices have contributed to more first time home buyers […]

Buyer Agent In Laurel Maryland

If you are shopping for Laurel, Md. real estate, make sure you have a buyer agent who knows the area. There are three types of agency.  The first is the seller’s agent.  The seller’s agent is responsilbe for looking out for the seller’s interest above all else.  If you call a listing agent on a […]

End Of The School Year In Laurel, Maryland

Summer is fast approaching in Laurel, Maryland.  One of my first concerns this summer is how to keep my daughter busy during the next three months.   Well the first thing is to renew our membership at the West Laurel Pool. My daughter loves the pool and has been on the swim team for last two […]

Seller Has To Restore Property

Recently, I was at a walk-thru with my buyer on a sale in Laurel, Maryland. The walk-thru is typically done a few days before settlement and is done to make sure the home is the same condition it was at the time of ratification. In this particualar walk-thru it was discovered the basement carpet was […]

Loan Modification

If you bought a home in the last couple of years and are having trouble paying your mortgage, loan modification is an option. The type of loan you have makes a difference. If you have an FHA loan, the government offers two options.  One is the partial claim.  Simpley put,  the partial claim allows you to […]

Still Buyer’s Market In Laurel, Maryland

Laurel, Md. real estate has about 66 week of inventory in Prince Georges County zip code 20707.  In zip code 20708 there is 77 weeks of inventory.  These numbers translate to well over a year of inventory currently on the market.  Most of these homes are distressed sales. Part of the reason the inventory is […]

Bidding War On Foreclosures

If you are considering buy a foreclosure in the Laurel, Maryland area, you might be in for a surprise. I have written several post on foreclosures.  Foreclosures tend to be good, in that, as a buyer you do not have to wait more than a couple of days for a response from the bank.   Contrast this […]

Its Time For The Bond Mill Elementary School Carnival

This is a great time of year for all residents in Laurel Maryland.  The weather is getting warmer and more outside events are taking place.  I hope you were able to get to the H20 Festival on Saturday. However if you missed that, don’t despair.  On May 16th the annual Bond Mill Carnival will be […]

Thinking Of Buying A Laurel Maryland Foreclosure?

Are you are considering buying a Laurel, Md. home?  If so, are you considering a foreclosure? Everyone thinks a foreclosure can be had for pennies on the dollar.  However, if you want to buy a foreclosure, you may end up paying more than the list price. The last three foreclosure deals I wrote on all had multiple bids […]

More Homes Are Selling Prince Georges County Maryland This April!

2009 2008 % Change Total Sold Dollar Volume: $ 92,675,898 $ 104,001,953 – 10.89 % Average Sold Price: $ 243,884 $ 302,331 – 19.33 % Median Sold Price: $ 234,900 $ 285,500 – 17.72 % Total Units Sold: 380 344 10.47 % Average Days on Market: 166 122 36.07 % Average List Price for Solds: […]