Annapolis Real Estate news

Aug. 20, 2014

The Truth about the "Rain Tax"

No, Maryland isn't taxing rain.

 

You undoubtedly have heard the term "rain tax." Fox News started using the term earlier this year.

Local news outlets picked it up. It is a catchy label, but it misrepresents and smears an otherwise 

praiseworthy state initiative.

 

I think veteran environmental ...

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July 9, 2014

Don't let an Open Building Permit ruin a Purchase or Sale

In Anne Arundel County, a permit is required for all home construction,
including replacement work and most repairs (except for painting and shingle
replacement). Because open permits “run” with the buyer, an unpermitted or
incomplete permit project can lead to a buyer having to pay fines or remove
structures. This ...

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June 17, 2014

Power of Attorney in Maryland

A purchaser/seller of real property can authorize an agent to consummate the sale by issuing a Power of Attorney for the specific and limited purpose of purchasing/selling the property. Although a Power of Attorney is not the preferred way to transfer title, if the purchaser/seller decides to ...

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May 5, 2014

Arnold MD Real Estate Update

Arnold, MD Real Estate Update

March 2014 Summary

 

StatisticValuesYoYMoM
Total Sold Dollar Volume $7,393,974 -33.91% +27.81%
Closed Sales 20 -31.03% +33.33%
Median Sold Price $375,000 +1.35% +15.38%
Avg Sold Price $369,699 -4.17% -4.14%
Avg ...
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May 5, 2014

Severna Park Real Estate Update - March 2014

21146 Severna Park, MD

March 2014 Summary

StatisticValuesYoYMoM
Total Sold Dollar Volume $8,328,622 -55.2% -12.56%
Closed Sales 18 -43.75% -5.26%
Median Sold Price $459,425 -1.2% +5.61%
Avg Sold Price $462,701 -20.36% -7.7%
Avg Days on ...
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