Lanette in Bel Air

Last week in Bel Air, Maryland... a total of $1.1 million in real estate was SOLD! 4 Houses SOLD Average Days on the Market (DOM) for houses sold - 286 OUCH! Average Sales Price for houses sold - $277,750           Highest Sales Price - $325,000 20 yr-old Brick Rancher on 1/4 acres 3 Beds/3 Baths...

Short Sales are the bane of my existence. And a pain in my a$$.   Started one early September morn. Sept 2nd to be exact. Braced my buyers up front for a loooonnnng wait. Said they were up for the challenge. Submitted a Short Sale package to Popular mortgage on behalf of my well-prepped buyers. P...

Last week in Bel Air, Maryland...a total of $3.8 million in real estate was SOLD! 11 Houses SOLD Average Days on the Market (DOM) for houses sold - 108 Average Sales Price for houses sold - $347,886 Highest Sales Price - $495,000 8 yr-old Colonial on 1/4 acre 4 Beds/3.5 Baths 10 DOM Lowest Sales ...

I don't know how long it's going to last at this price nor do I know what kind of games the Wa-Wa and the 7-Eleven are playing at Conowingo Road and Route 1 in Bel Air, Maryland.  And I don't care. What does matter right now is that I filled my Pathfinder up for $28 tonight. She was riding on fum...

If you have not yet read the book, Who Moved My Cheese?, do yourself a favor and get a copy. In a nutshell, the book does a great job of using a fable, involving mice and cheese, to get across its point.    The point is that change is inevitable and the "smart mice" learn to adapt and subsequentl...

This past quarter in Bel Air... $64.4 million in real estate was SOLD 194 Homes $331,986 average sales price 121 DOM*   Last year during the same time frame (July, August, September)... $82.4 million in real estate SOLD 247 Homes $333,521 average sales price 84 DOM* Quick Summary: On average, hom...

Good Morning, World! Good Morning, America! Good Morning, Maryland! Good Morning, Harford County! Good Morning, Bel Air! Woke up this morning and felt something in the air.  Not talking about the chill...41 degrees...brrrr! Talking about the electricity.  Can you feel it? Today is the first day o...

The MAR (Maryland Association of Realtors) recently updated its Residential Contract of sale and I've already gone awry; the revised contract was effective October 1st and I've had to re-write a couple that were in process. Although there were several notable changes, one item remained the same. ...

Last week in Bel Air, Maryland...a total of $5.1 million in real estate was SOLD! 17 Houses SOLD Average Days on the Market (DOM) for houses sold - 136 Average Sales Price for houses sold - $302,305 Highest Sales Price - $505,000 13 yr-old Brick-Front Colonial on 1/4 acre 4 Beds/3.5 Baths Lowest ...

Is there a rule that I don't know about regarding marketing REOs?   I have not seen one REO marketed with a virtual tour.  I have yet to see more than 1 photo on an REO in the MLS. Many REOs have no picture in the MLS at all. Many REOs have little more in the comments field than "bank-owned" or s...