Annapolis real estate Archives

Severe Thunderstorms Swept Through Annapolis – Murray Hill Home Damage

Classic Murray Hill Home Damaged By Annapolis Storms

After 100 degree temperatures during the day and evening, severe thunderstorms swept through Annapolis late last night.

Some neighbors told me they heard the storm coming like a freight train. Another neighbor felt surprising heat and stillness when she stepped outside late in the evening. I just heard the winds when they started, and then came the lightning, thunder, and rain. Lots of folks were taken by surprise as the line of storms swept through. Others who had been listening to the weather forecasts said that they were right on target, to the minute.

With gusts over 70 miles per hour, I thought about what it would be like to be out on a boat on the Chesapeake Bay, and I was glad to be inside.

Wind damage, rain, and tornadoes were reported throughout the region. In Annapolis, a classic Murray Hill home that was built in 1930 was damaged by two tulip poplar trees which came down on the roof, bringing up part of the sidewalk with them.

BGE is currently reporting 94,505 customers out of power in Anne Arundel County, and 421,038 currently out of power in the state of Maryland.

Local coffee shops like City Dock Cafe were doing a booming business this morning. Their great coffee, tasty snacks, air conditioning, and free wireless Internet were in great demand.

A friend who went kayaking this morning reported hearing lots of generators running on Mill Creek on the Severn River. This is a time when our backup systems are tested. (By the way, this Annapolis waterfront home for sale in Hillsmere has a backup generator!)

Another round of storms is expected this evening, so be prepared!

Power LIne Down in Murray Hill, Annapolis, Maryland

If you are without power, it could be due to something like this downed utility pole in Murray Hill.

Call me today for your Annapolis real estate needs, or for an introduction to a great real estate agent anywhere.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, Annapolis Waterfront Homes, Annapolis Luxury Homes, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Annapolis Murray Hill Homes for Sale or Rent

Annapolis Historic Distric Homes for Sale

Annapolis and Anne Arundel County Real Estate Market Statistics March 2012

We’ve got a Spring inventory shortage, buyers are shopping, and sellers are needed!

I’ve been talking about how our office has been hopping, and the most recent market statistics confirm it.

Last month, 430 sales closed, more than the previous March by 9%. Listings are down 20%, to 2,650, as compared to 3,295 a year ago.

Here are more numbers on home sales, for March 2012 vs. March 2011 for Anne Arundel County:

Average Discount Off Original Price: 10%

Average Days on the Market: 134 (up 3.88%)

Number of Homes for Sale: 2,650 (down 19.58%)

Total Sales: $141,521,775 (down 2.09%)

Average Sold Price: $329,120 (down 10.29%)

Real Buyers (Home Sold): 430 (up 9.14%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2012 – Information deemed reliable, but is not guaranteed.)

We have moved from a strong buyers market into a balanced market, with approximately 6 months of inventory.

Considering a move? Don’t hesitate to call any time, for a confidential chat.

I love to talk about real estate, and sell everything from waterfront luxury estates through distressed properties.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Local web sites in and around Annapolis, Maryland

Luxury Foreclosure, Annapolis Maryland Waterview Home For Sale

Luxury Waterview Foreclosure Annapolis Maryland

Luxury Waterview Foreclosure in Annapolis Maryland

Last week, while showing homes to a client, I came across an amazing opportunity for someone who is ready to act quickly.

This custom-built luxury home, in the sought-after community of The Downs in Annapolis, offers spectacular water views from many rooms. It’s a bank-owned property that was just listed with a new agent at the greatly reduced price of $774,900.

At one time, this home was listed for $2,499,000. The current tax assessment is $1,288,400. It seems that the bank is ready to get it off their balance sheet.

Are you ready to move fast for the right deal on a high-end home? Or do you know someone who is? If so, please call me today! This one will go quickly.

Here’s a link to this Luxury Foreclosure Annapolis Maryland Waterview Home

Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Local web sites in and around Annapolis, Maryland

Anne Arundel County Real Estate Market Statistics December 2011

Here are the latest numbers on home sales, for December 2011 vs December 2010 for Anne Arundel County:

Average Discount Off Original Price: 11%

Average Days on the Market: 141 (up 17.5%)

Number of Homes for Sale: 2,688 (down 14.64%)

Total Sales: $132,697,257 (up 1.67%)

Average Sold Price: $345,566 (down 1.51%)

While the sales numbers are not quite as rosy as November’s, the lower inventory provides some upward pressure on prices, along with the continued extremely low interest rates.

A statistic was just published about people in higher-end homes. As you may know, I have been saying for the past year that it is a good time to sell a modest-priced home and buy a higher-priced home. That’s because modest price ranges have gone down some, but the high end has dropped a lot more.

It was just published that the largest increase in mortgage defaults and foreclosures is in the Jumbo mortgages.

These distressed properties soften home prices even more because they increase the supply of houses on the market that are sold at a discount. That’s exciting for people who have wanted to buy up and haven’t been able to afford the house of their dreams.

Are you thinking of doing something with a higher-end home? Or do you know someone who is?

If your answer is yes, let’s talk.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Local web sites in and around Annapolis, Maryland

Is a Good School District in Maryland Important to You?

Living in a good school district is very important to most families, and it seems like every day someone tells me how important it is to rent or buy a home where there are good public schools. This applies to both owner-occupants and investors who want to buy homes where families will stay long-term.

For information on schools, I often refer people to professionals in education, and Internet resources such as the Anne Arundel County Public Schools web site, and other sites on my Recommended Links page.

Did you hear that Education Week just ranked Maryland’s public schools best in the nation?

That’s good news for Maryland homeowners and home buyers.

Here’s a link to the article “Equipping U.S. Schools for the Global Fast Lane”

Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Local web sites in and around Annapolis, Maryland