Posts Tagged ‘SOMD’
St. Charles Town Center Mall Improvements!
I digress, I haven’t been impressed with the mall here in Charles County recently. One of the reasons is because they have been doing a lot of renovation work on it, and navigating through a maze of cones and equipment isn’t exactly my cup of tea. It looks like they’re getting close to finishing their work, [...]
Swan Point TIF Bond is approved
Looks like Swan Point will be getting it’s fancy new hotel after all! The Charles County Commissioners voted to approve the Tax Incremental Finance (TIF) Bond recently, which will pave the way for the development infrastructure there. Under the tax incremental financing, agreement, the county will issue $26 million in public bonds to fund the [...]
KB Homes Pulls out of Charles County
Actually, KB Homes has pulled out of Charles County and the entire Mid-Atlantic Region, it seems. In addition to MD, DC, and Virginia, they have also shuttered operations in Chicago, IL, and Albuquerque as well. This is in addition to a previous announcement that they have decided to cease operations in California. What does this mean [...]
Why Do You Love Southern Maryland? Budds Creek Drag Strip!
very rarely manage to get time off. From the time I turn my phone on at 9am until I finally call it quits around 9pm, my phone is more or less off the hook all day. Needless to say, none of us enjoy much time off. When I do see the occasional window of opportunity, [...]
Where is the market going?
I really wish there was some sort of easy solution to the deteriorating market that we’re seeing, but I seriously doubt we’ve hit the bottom just yet. I have a couple of points to make in this post, and they are very closely related, so I’d like to apologize in advance if this gets too [...]
Charles County Maryland Foreclosure Report February 2008
harles County has seen an upswing in Bank Owned (REO) properties for sale in the past month. In my last report, I indicated that there were 55 current foreclosures on the market in Charles County. That number has now crept up to 69. Increasing Foreclosures REO properties are rising because of the fallout from the credit crunch, [...]
New Listing! This Quailwood Rambler is Gorgeous!
I recently listed a fantastic, spacious rambler in the Quailwood Subdivision of La Plata, MD! I simply cannot say enough good things about this home! The floor plan is well laid out, the home is in immaculate condition, the hardwood floors are gorgeous, and the rooms are spacious, with wide doorways in the living, dining, [...]
Commercial Development and La Plata, Maryland Real Estate Values
As many of you know, I have been watching new development in La Plata, Maryland very closely, and more than a few people have voiced concern about how commercial development will impact their home’s value. Obviously, this is a sensitive subject, and I don’t want to be the one that yells “FIRE!” in a crowded [...]
Kohl’s in La Plata? Town Hall Meeting Recap
I attended the La Plata town hall meeting last night to see what exactly was being proposed with the new proposed Kohl’s department store in La Plata, MD. Let me say that I was some kind of impressed! It was the biggest crowd I have ever seen at a town hall meeting, It was literally standing-room [...]
Hilton Comes to Waldorf
Hilton is coming to Waldorf! No, not the whining airheaded blond bimbo with more money than sense, but the Hilton Hotel Chain has plans to build their first hotel in Charles County. Specifically, they’re planning on settling in Waldorf, Maryland, near the St. Charles Town Center Mall. The land was purchased for $1.95 Million Dollars, and Hilton [...]
La Plata Development; How Much Is TOO MUCH?
I refuse to let this be a rant about rapid over-development here in Charles County and specifically, La Plata, MD. I’m not against growth, development, and modernization (I know, I’m a Realtor, isn’t it my job to promote growth and development?), in fact I think that Charles County, Saint Mary’s County, and Calvert County are [...]
Kohl’s in La Plata? Town Hall Meeting Tonight!
The proposal for a Kohl’s Department Store in La Plata, MD will be discussed tonight at the La Plata Town Hall Meeting. La Plata Town Hall is the location for a meeting at 7 p.m. Jan. 14 between representatives of Kohl’s department store and members of the Quailwood, Hawthorne Greene and Jamestown communities to discuss [...]
La Plata Lions Club Charity Basketball Game on 1/13/2008!
This just came to me from Gregory Floberg, and it sounds like a lot of fun! I want to share this in hopes that you, your family and friends may be interested in taking advantage of some unforgettable family entertainment on Sunday afternoon, January 13, 2008. The game will be at the La Plata High [...]
Prince George’s County Real Estate Market Update
What a year 2007 has been! The real estate market has changed dramatically, and 2008 is shaping up to be a year of continued adjustment! Looking Back Currently, Prince George’s County Sales Statistics show that homes sales aredown a little over 55% from where it was a year ago (934 homes sold 11/06 vs 418 homes sold [...]
Southern Maryland Foreclosures are Big News
I recently contributed a bit of commentary to the Maryland Independent for an article they were writing on foreclosures in the region. I was excited to find this morning that the story was in fact FRONT PAGE news and the remarks I made featured prominently. Self promotional remarks aside, I am very grateful that the paper [...]
Charles County Foreclosure Statistics
Foreclosures are rapidly changing our local real estate market here in Charles County. The more foreclosures we see, the more home values are impacted, and the red hot foreclosure market is showing no signs of slowing down. County Update In 2006, we saw a total of 19 foreclosures sold through Realtors. In 2007, that number has jumped [...]
Charles County Maryland Sales Statistics November 2007
Charles County has been impacted heavily during the recent market downturn (although not as badly as PG County). Sales are down roughly 33% from this time last year, average days on market is up over 85% to 132, and average sales prices have fallen as well. Prices are down roughly 3% from November of 2006, [...]
St. Mary’s County Maryland Sales Statistics November 2007
St. Mary’s County, Maryland has a few interesting points to make note of when looking at the overall market health. First, the average and median sales price of a home here has gone up. While this is a very good sign, it is not the only indication that the local market is performing as well [...]
Calvert County Maryland Market Statistics November 2007
Calvert County, much like Southern Maryland, is currently working through downward sales trends and coping with lackluster sales in the real estate market. Although sales volume is only down by roughly 10% county wide, a look at the bigger picture gives a much better indication of what the local market is actually facing. Prices are [...]
St. Mary’s County MD Foreclosures
ust a quick update for everyone keeping an eye on St. Mary’s County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in St. Mary’s County: 20 Number of Pre-Foreclosures for sale in St. Mary’s County: 18 If anyone wants to be added to the current foreclosure or [...]
Charles County Real Estate Market Report – November 2007
Wow, this has been an incredibly difficult year to try selling a home! As I’ve mentioned in previous blogs, Countrywide Home Loans was the first to take action to help ease consumer strain and keep people from being foreclosed on. It may be to early to tell, but it looks like we’re starting to see [...]
PG County MD Foreclosures
Just a quick update for everyone keeping an eye on Prince George’s County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in PG County: 250 Number of Pre-Foreclosures for sale in PG County: 489 If anyone wants to be added to the current foreclosure or pre-foreclosure mailing [...]
Waldorf Power Plant Proposal
Now there seems to be a new proposal for the county, this time from another company, Competitive Power Ventures, and instead of Indian Head, they’ve set their sights on a Gas-Powered plant to be located in Waldorf, MD. Hmm, they claim the plant would be 50-100 times cleaner than a coal plant, and Maryland is expected to [...]
Charles County MD Foreclosures
Just a quick update for everyone keeping an eye on Charles County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in Charles County: 46 Number of Pre-Foreclosures for sale in Charles County: 55 If anyone wants to be added to the current foreclosure or pre-foreclosure mailing lists, [...]
Power Plant Plans in Indian Head Die
There’s been plenty of debate in the last year regarding the proposed power plant in Indian Head, MD at the Naval Base. All of that is moot now that the proposal has died due to financial feasibility, or lack thereof. While the idea of putting in a coal-powered plant was unsavory to many local residents [...]
Charles County Market Statistics
I’ve had a couple of people ask me recently what the current market out look is in the region, so I’m putting up a quick portion of my market report to let everybody see exactly what we’re facing here in Charles County. If anybody has any questions about the charts, I’d be more than happy [...]
Charles County Cafe Blog Worth A Look!
I recently ran across a great local blog that seems to hit the nail on the head! The blog is called the Charles County Cafe, and if you have the chance, I highly recommend you check it out! I love reading other local blogs, and I’ll be featuring more and more as time allows. One [...]
St. Mary’s County Sales Statistics
I recently had a discussion on city-data.com about housing in St. Mary’s County, MD. I wanted to post a link for the median sales price of a home in zip code 20659 (St. Mary’s largest zip code) to better illustrate the market in the area. I’ve pulled the data directly from the multiple listing service (MLS) [...]
Rails-to-Trails Creates More Charles County Recreation
I’m excited about Charles County’s newest recreational development! In October, 2006 the Navy donated a 13 mile stretch of train track running from White Plains to Indian Head, and now that stretch of dormant track is slated to be turned into a recreational trail for Charles County! They’re planning to tear out the tracks and install a 100′ [...]
Middletown Road Will Remain Closed
The Charles County Department of Planning and Growth Management has announced that the portion of Middletown Road between the Smallwood Drive West intersection and the Billingsley Road intersection will remain closed to through traffic until on or about Jan. 29. Signs will remain posted notifying the public of the closure and existing detour routes. The [...]
Calvert County MD Foreclosures
Just a quick update for everyone keeping an eye on Calvert County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in Calvert County: 18 Number of Pre-Foreclosures for sale in Calvert County: 21 If anyone wants to be added to the current foreclosure or pre-foreclosure mailing lists, [...]
Charles County is getting a new public park!
Well it’s about time! Everyone who lives on the western side of Charles County knows that there is a distinct lack of public parks and resources in the area. The Pisgah, Maryland Park announcement, means that the Bryans Road/Indian Head area will be seeing lots of improvements! The new park has already gotten it’s funding approval from the [...]
Why Do You Love Southern Maryland?
I can remember moving to Southern Maryland back in the mid 90′s because my parents wanted me in the school system down here rather than in PG County. I’ve lived around the bay for as long as I can remember, and Southern Maryland is by far my favorite region. Why? Well for one thing, I [...]
What’s Going Where in Charles County
Ever wonder about what’s being built or what a developer proposes to build on the vacant land around the corner? This feature is intended to provide an easy way for you to learn about planned development throughout Charles County. Using information provided by the Charles County Department of Planning and Growth Management, and the town of La Plata zoning office, the Southern Maryland Extra gives you a [...]
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