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April 28, 2008
There is a new Polish Pottery Mart right down the street from Laurel Md in Historic Savage Mill. This new pottery store takes the place of Samberz Pottery which closed its doors on February. This new store sells stoneware made from white clay from the Polish village of Boleslawiec. For more information give them a call at 240-456-0070.
April 27, 2008
Laurel Md will be host to several festivals this Spring. The Montpelier Festival of Herbs, Tea and the Arts will be held Saturday May 3 from 10 a.m. to 4 p.m. This festival is held on the grounds of the Montpelier Mansion. Also on May third is the Laurel Flower Mart from 10 a.m. to 2 p.m. The Laurel Flower Mart will be held on a lot at the 378 block on Main St. May third will also be the day of Lakefest. Lakefest will be held at Granville Gude Park from 11 a.m. to 4 p.m.
And ofcourse, don’t forget the annual Bond Mill Elementary School Fair in May as well.
April 26, 2008
Ok, so whats’ happening in the mortgage industry in Maryland. Well, you still have the great first time home buyer programs. The state offers the CDA program. This program still allows buyers to have a back end ratio of up to 50%. FHA loans are still very popular and getting more popular. FHA allows the buyer to have a back end ratio of 43%. In addition, FHA is not credit score dependent. However, with an FHA loan you need at least three percent of your own money. But, there is away around that as well. Several non-profit organizations will give you that three percent money. If done right, using an FHA loan you can get into a home for $1000 or less. Feel free to ask me for details. Montgomery County Maryland still has its great HOC program. The HOC program has a step loan that starts at 3.9% the first year, 4.9% the second year and then stops at 5.9% for the rest of the loan. All these programs make buying Maryland real estate that much more affordable.
April 23, 2008
The Alice B. McCullough Field in the city of Laurel Md will be expanding. The city has approved funds to expand the field located on Eighth Street in Laurel. Two new fields will be developed. One new field will be for soccer and the other for football. Currently next to McCullough is an area that use to belong to a business that burned down a long time ago. Since then, the city of Laurel Md and Prince Georges County have traded the site back and forth. When Prince Georges County failed to build homes on the site, Laurel bought the site back. Plans to build the field have been in the works since 1998. The funding for the expansion just came through.
April 22, 2008
Several churches and synagogues (I hope I spelled that right) in the Laurel Md area, have come together over the past couple of months to sing a tribute to Martin Luther King. A few months back, the group sang at the Resurrection Church in Laurel Md on Laurel-Bowie Rd. Last night the group performed at Coppin State College in Baltimore Md. Both performances were well received. This wonderful piece of music was written by Laurel Md’s own Dr. Mack Statham. Dr. Statham is the organist at First United Methodist Church in Laurel Md. He and his son played the piano in last nights performance.
April 21, 2008
Just wanted to add a few more details of the Option “Z” boundary implementation. The new boundaries will effect schools in both Laurel Md and Beltsville Md. Bond Mill Elementary, Calverton Elementary and the new Vansville Elementary will go to a pre-K to 5th grade format. King Middle School will add a 6th grade. In addition to these changes, Beltsville Elementary will change to pre-K to 8th grade format. All these changes will take place in 2009.
April 20, 2008
| |
2008 |
2007 |
% Change |
| Total Sold Dollar Volume: |
$ 2,460,100 |
$ 3,403,400 |
- 27.72 % |
| Average Sold Price: |
$ 307,513 |
$ 378,156 |
- 18.68 % |
| Median Sold Price: |
$ 301,350 |
$ 340,000 |
- 11.37 % |
| Total Units Sold: |
8 |
9 |
- 11.11 % |
| Average Days on Market: |
129 |
138 |
- 6.52 % |
| Average List Price for Solds: |
$ 345,468 |
$ 389,622 |
- 11.33 % |
Avg Sale Price as a
percentage of Avg List Price: |
89.01 % |
97.06 % |
As you can see, Prince Georges County Laurel zip code area 20708 also reflects the country’s current real estate market. One interesting note is that “average days on market” actually decreased 6.52 percent. Maybe that is a good sign of things to come? My feelings are that, till this market hits the level it should have been at in normal appreciation, it will continue to go down. It will eventually flatten out.
April 18, 2008
| |
2008 |
2007 |
% Change |
| Total Sold Dollar Volume: |
$ 2,622,250 |
$ 14,263,261 |
- 81.62 % |
| Average Sold Price: |
$ 291,361 |
$ 375,349 |
- 22.38 % |
| Median Sold Price: |
$ 300,000 |
$ 337,450 |
- 11.10 % |
| Total Units Sold: |
9 |
38 |
- 76.32 % |
| Average Days on Market: |
116 |
74 |
56.76 % |
| Average List Price for Solds: |
$ 314,300 |
$ 385,928 |
- 18.56 % |
Avg Sale Price as a
percentage of Avg List Price: |
92.70 % |
97.26 % |
As you can see, home sales in Laurel Md are reflective of most of the country. These kind of statistics can be found everywhere in Maryland. Maybe a little less so in higher price brackets.
April 16, 2008
Gorman Crossing Elementary School in Laurel Md has its own “Geek Squad”. The Geek Squad consist of several elementary students who are learning about technology. Their teacher Mark Welsh got the idea off of, where else, the internet. These students are learning how to problem solve for both teachers and students who find themselves in technological turmoil. This sounds like a good idea for every school in the country.
April 15, 2008
A very important message for Laurel Md residents. Prince Georges County will begin picking up your yard waste on Wednesdays. The county does this every year about this time. This will be done once a week into the begining of the Fall. So put your yard waste out by the curb on Wednesday mornings. You can use large paper leaf bags. Any twigs or branches you have can not be more than 4 feet in length. All branches should be tied together by twine.
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Contact Us
Brien Berard
RE/MAX
13994 Baltimore Ave.
Laurel, MD 20707
Phone: (301) 604-0198
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