Odenton, MD Real Estate News

By Christie Lane Craven, Your Anne Arundel County Agent
(Blackwell Real Estate )
The Piney Orchard Street Festival is Tomorrow This 2nd annual event is scheduled tomorrow rain or shine!  I'll be there with bells on either way! When: Saturday May 14th from 11am - pm Cost:  FREE!! Where: On Stream Valley Drive in Piney Orchard.  They will be shutting the street down for the day- thus street festival ;) from Strawberry Lake Way to the Community Center the festival will be set up.  You can take either Waugh Chapel Road or Piney Orchard Parkway to get to Strawberry Lake Way until you hit Stream Valley Drive. Entertainment:  The Boy Scouts will hold their Opening Flag Ceremony at the Community Center to kick of the event at 11am There are two stages- the one ending at Strawberry Lake Way will have bands Big Band Caliente - 11:30 - 1pm Mango Marv - 2 - 4pm Adrenalin - 4:30...
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By Christie Lane Craven, Your Anne Arundel County Agent
(Blackwell Real Estate )
Open House this Sunday in Piney Orchard - 933 Nanticoke Run Way Odenton, MD Sunday 5/15 Noon until 2pm End Unit townhome in a great location and community. Three Bedrooms, 3.5 Baths with a fully finished walk out basement.  Fresh paint throughout the home.  Features a master suite with full bath, a large eat-in kitchen that opens onto a deck overlooking the fully fenced rear yard that backs to woods.  A one year HMS home warranty is included for peace of mind.     Directions: Piney Orchard Parkway to Strawberry Lake Way to a Left on Piscataway Run Drive to a Left on Nanticoke Run Way.  House is #933 Unable to make it to the Open House?  Contact me for more information on this home!  
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Below are summary of Odenton Market Report April 2011:   Sold dollar value decreased in April'11 from $14.06M to $5.96M compare to April'10 (- %57.58) Average Sold price decreased in April'11 from $305k to $271k compare to April'10 (- %11.31) Total unit Sold decreased in April'11 from 46 to 22 compare to April'10 (- %52.17) Average DOM(Day on Market) decreased in April'11 from 109 to 94 compare to April'10 (- %13.76) Average Sold To List Price ratio decreased in April'11 from %95.2 to %93.2 compare to April'10 (- %2.13) Total active Listing increased in April'11 from 174 to 190 compare to April'10 (+ %9.2)     %27   of unit sold in less than 30 days %45   of unit sold in less than 60 days %68   of unit sold in less than 90 days        
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By Christie Lane Craven, Your Anne Arundel County Agent
(Blackwell Real Estate )
  Odenton, MD Real Estate Recap for April 2011 Real Estate stats are often compared to the previous years data to gauge the direction the market is going.  However, we have to keep in mind we had a first time home buyers government tax credit in effect last year.  If you look at the numbers compared to last year, at first glance you might panic and think things have really dropped off.  While it is true we aren't seeing the boom bolstered by the tax credit last April, if you look to 2009's data, you will see we are still right on course.  61 Odenton homes were listed for sale in April of 2011; compared to 85 the previous April and only 55 in April of 2009.  With the extension of the tax credit until June last year, many of my neighbors were inspired to join in the fray and list while th...
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Here is the list of OPEN HOUSES scheduled for this weekend in ODENTON. Take advantage of great weekend weather, go out and take a look at these properties. Price range from $275k to $413k. Contact me if you need more information about them.         8604 Wandering Fox TRL #106, ODENTON, MD 21113         Date: 30-April-2011    12:00-3:00 pm         List price: $275,000              BR:2 FB:2 HB:0       Living Area: 1600 sq.ft       Listing Company: Long and Foster  MLS#:AA7421769        481 King Malcom Ave., ODENTON, MD 21113         Date: 30-April-2011    1:00-3:00 pm         List price: $279,900              BR:4 FB:2 HB:0       Living Area: 1622 sq.ft       Listing Company: ABR    MLS#:AA7562883        2612 Sour Dock Drive, ODENTON, MD 21113         Date: 30-April-2011   12:00-2:00 pm ...
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Below are summary of Odenton Market Report March 2011:   Sold dollar value decreased in March'11 from $10.44M to $5.85M compare to March'10 (- %44) Average Sold price increased in March'11 from $298k to $325k compare to March'10 (+ %8.9) Total unit Sold increased in March'11 from 35 to 18 compare to March'10 (- %48.57) Average DOM(Day on Market) decreased in March'11 from 109 to 86 compare to March'10 (- %21.1) Average Sold To List Price ratio increased in March'11 from %93.7 to %96 compare to March'10 (+ %2.41) Total active Listing increased in March'11 from 149 to 164 compare to March'10 (+ %10.07)     %22   of unit sold in less than 30 days %39   of unit sold in less than 60 days %56   of unit sold in less than 90 days    
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Here is the list of OPEN HOUSES scheduled for this weekend in ODENTON. Take advantage of great weekend weather, go out and take a look at these properties. Price range from $230k to $413k. Contact me if you need more information about them.         2509 Orchard Knoll way, ODENTON, MD 21113         Date: 16-April-2011    1:00-3:00 pm         List price: $309,900              BR:3 FB:2 HB:2       Living Area: 1280 sq.ft       Listing Company: Long and Foster  MLS#:AA7533419        481 King Malcom Ave., ODENTON, MD 21113         Date: 16-April-2011    11:00-2:00 pm         List price: $279,900              BR:4 FB:2 HB:0       Living Area: 1622 sq.ft       Listing Company: ABR    MLS#:AA7562883        2612 Sour Dock Drive, ODENTON, MD 21113         Date: 16-April-2011   12:00-2:00 pm      ...
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By Martha Brown, Your Homes Around Annapolis Agent
(Long & Foster Real Estate, Inc., Annapolis MD 21403)
How About A Foreclosure?   Earlier this year I received a phone call from a Mom who was helping her daughter with the process of purchasing her first home. Within days we met for our initial buyer consultation. I always feel it is important to get to know who you are planning on working with, to learn what is important to them, how to best proceed and to let them know how I work. All went well and we were off on our home search within days of that meeting.We went out 3 separate times and looked at 5-6 homes each time. Just enough so Mom and daughter could digest what they saw, discuss and choose their top 3 choices of the day. On the third day out there was no denying that when we walked into the home you see here that this was the one.   Located in the Odenton community that was her to...
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Here is the list of OPEN HOUSES scheduled for this weekend in ODENTON. Take advantage of great weekend weather, go out and take a look at these properties. Price range from $230k to $413k. Contact me if you need more information about them.           2509 Orchard Knoll way, ODENTON, MD 21113         Date: 2-April-2011    1:00-4:00 pm         List price: $309,900              BR:3 FB:2 HB:2       Living Area: 1280 sq.ft       Listing Company: Long and Foster  MLS#:AA7533419        481 King Malcom Ave., ODENTON, MD 21113         Date: 2-April-2011    11:00-2:00 pm         List price: $279,900              BR:4 FB:2 HB:0       Living Area: 1622 sq.ft       Listing Company: ABR    MLS#:AA7562883        2612 Sour Dock Drive, ODENTON, MD 21113          Date: 3-April-2011   12:00-2:00 pm      ...
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By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton, MD is a great community for people moving into the housing corridor between Baltimore and Washington, DC. Sitting right about in the middle of these two large employment areas is the Odenton, MD community. Additionally, Odenton houses a large portion of the the Military and Intelligence complex, Ft. Meade. This complex alone is projected to grow by about 22,000 jobs in the next couple of years due to the Base Realignment and Closing procedure, BRAC. Certainly, one of the more popular sub-divisions in Odenton is Piney Orchard. This community is made up of a combination of single family homes, town houses, condos, and rental units. Complementing the housing for sale are several retail establishments. Looking for new construction, Piney Orchard is a great location. 55+ Active Adu...
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
  Below are summary of Odenton Market Report Feburary 2011:   Sold dollar value increased in Feb.'11 from $6.92M to $8.06M compare to Feb.'10 (+ %16.48) Average Sold price increased in Feb.'11 from $277k to $299k compare to Feb.'10 (+ %7.85) Total unit Sold increased in Feb.'11 from 25 to 27 compare to Feb.'10 (+ %8) Average DOM(Day on Market) decreased in Feb.'11 from 93 to 73 compare to Feb.'10 (- %17.2) Average Sold To List Price ratio decreased in Feb.'11 from %93.3 to %92.8 compare to Feb.'10 (- %0.55) Total active Listing increased in Feb.'11 from 142 to 172 compare to Feb.'10 (+ %19.72)     %30   of unit sold in less than 30 days %44   of unit sold in less than 60 days %63   of unit sold in less than 90 days
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By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Whether you're relocating into the area, upsizing or downsizing, or possibly a BRAC related move, the Piney Orchard sub-division of Odenton should be on your list. Piney Orchard has all styles of housing, from apartments, condo's, townhouses, active adult, and single family homes. Price ranges are from the 200's to the 700's. Piney Orchard is oriented to outdoor activities with four pools, tennis courts, a community center, and many walking and nature trails.  Right now the least expensive 2 br, 2 ba condo is listed at $185,000. The highest priced 4 br, 3 ba single family home is listed at $525,000. If you're not already working with an agent to find your perfect Piney Orchard home...I can help. Call Rich at 443-995-9595. The map below shows all the currently active listings in Piney O...
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Homes for sale in Piney Orchard, Odenton and community information: Many buyers interested in purchasing homes in Odenton, Crofton area express interest in the Piney Orchard homes. The Piney Orchard area of Odenton is made up of several smaller sub-divisions, while Piney Orchard organization controls facilities for the entire community. Nature trails, three pools, community center, parks and recreation fields are several reasons to consider Piney Orchard when looking for homes for sale in Odenton.   Piney Orchard community is located in Anne Arundel County, Maryland. There are more than 4,500 homes consisting of apartments, condominiums, townhomes, single-family homes and 55 and over residences. Beautiful tree-lined lots and a wide range of townhomes choices accent the quiet neighborhoo...
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By Scott Smolen, Rooted in Tradition, Focused on the Future
(RE/MAX Leading Edge)
People have been asking me what the clearing off of Waugh Chapel Road in Odenton, Md. near Chapel Grove is being done for.  The area that is being cleared is actually Chapel Grove Phase 7.   Winchester wanted to finish and get out of the community a few years ago when the market took a down turn.  They decided that they did not want to develop the last phase of the community and instead sold the land.  There is only going to be one cul-de-sac there with 7 building lots.  All of the lots will be approximately 1/4 acre and they will all back to woods.   As of this post, I am not aware of what builder will actually be building the homes on the lots when they are complete.  Rumor has it that it will in all likelihood be a national builder who will build homes that should sell in the $600,00...
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By Stephen Howell, Annapolis MD Homes For Sale 443-994-8043
(Coldwell Banker Residential Brokerage)
DISA and BRAC Jobs Now Arriving at Fort Meade, Odenton, Maryland, 21113 Ben Weathers at The Capital Newspaper reported this morning (January 5, 2010) that with Fort Meade jobs on the way and thousands of jobs transferring, local area road projects are still many months away from completion. Traffic congestion around the Ft. Meade area may be a negative by-product of the Defense Information Systems Agency (better known as DISA) move to the base in Odenton, Maryland, but, a surge in the demand for local housing should prove beneficial to the area.  So, demand for housing this spring should be strong, especially since home prices are low and interest rates are also very modest. Along with the 5,000-plus DISA employees expected to work on base at Ft. Meadewill come their families.  And with...
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By Christie Lane Craven, Your Anne Arundel County Agent
(Blackwell Real Estate )
Raining in the New Year...  How  I spent the beginning of 2011... I'm not the least bit ashamed to admit I rang in the New Year cozied up on my couch watching a very orange-toned Dick Clark and putting the finishing touches on my blog- My Favorite Listing Photos of 2010.  I had great company as you can see from the photo- surrounded by boyfriend, our Dobermans, and some kitty friends while getting work done was the perfect way for me to ring in my new year in Real Estate.   2010 was a great beginning for me.  I joined Active Rain, attended my first Rain Camp, and found the beginnings of my blogging voice. 2011 is set to be epic!
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By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Foreclosures have been a part of the real estate market pretty much since there has been a real estate market. The only difference now is the number of foreclosures that seem to be crowding many areas. Odenton, MD does have its share of foreclosures, but nothing very significant considering the area covered by Odenton. Less than 10% of all homes sold this year in Odenton, MD have been foreclosures. Contrast that to Bowie, MD, just a few short miles away, where over 33% of all homes sold this year were in the foreclosure category. Today, there are 9 Odenton MD homes for sale that are foreclosures. Very comparable to the adjacent town of Crofton where there are 11 foreclosures for sale. Purchasing an Odenton, MD foreclosure is only slightly different than a regular resale. I can help you...
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By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Days on Market is one of those questions that many buyers ask their real estate agent. It’s also one of those questions that needs further research. I can help you better understand why a home has sat on the market for a while. Was the house listed too high? What was the condition? Were there any restrictions on showing, etc? That being said, Odenton, MD homeowners can see a graph of the Average Days on Market going back to November of 2008. As you can see, the data shows that the Average Days on Market is pretty volatile. For sellers, the decrease in Average Days on Market is good news. For buyers, it’s still time to strike while prices and mortgage rates are still excellent. If you’re looking for a house to buy or sell in Odenton, MD, or the surrounding area…I can help. Call Rich at ...
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By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
VETERANS ADMINISTRATION HOME FINANCING FOR FT. MEADE MILITARY PERSONNEL AND VETERANS VA Backs 19 Million Home LoansHome Loan Program Going Strong Despite Tight Market VETERANS ADMINISTRATION BULLETIN NOVEMBER 1, 2010.WASHINGTON (Nov. 1, 2010)- With mortgage rates at historic lows,Veterans and military personnel continue to use the Department ofVeterans Affairs (VA) home loan program in record numbers to purchase ahome or refinance their existing loans.    "Home ownership is one of the foundations of the American dream," saidSecretary of Veterans Affairs Eric K. Shinseki. "VA is honored toadminister a benefit that for two-thirds of a century has profoundlyaffected the lives of our Veterans, our military Servicemembers, andtheir families."Since the VA Home Loan program began in 1944 as pa...
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By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Foreclosures have been a part of the real estate market pretty much since there has been a real estate market. The only difference now is the number of foreclosures that seem to be crowding many areas. Odenton, MD does have its share of foreclosures, but nothing very significant considering the area covered by Odenton. Less than 10% of all homes sold this year in Odenton, MD have been foreclosures. Contrast that to Bowie, MD, just a few short miles away, where aver 33% of all homes sold this year were in the foreclosure category. Today, there are 13 Odenton MD homes for sale that are foreclosures. Very comparable to the adjacent town of Crofton where there are 12 foreclosures for sale. The least expensive of the thirteen is a 2 BR, 2 BA condo in Lions Gate, listed for $134,900. The hig...
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