Real Estate Information

BRAC Jobs 101:

Dan Greenhaus, chief economist for Miller Tabak & Co. reports,  "Sales of new homes are down 6.1% compared with January 2009’s 329,000 units, which was the previous record low. The number of homes for sale rose 0.4% to 234,000 in January. At the January sales pace, it would take 9.1 months to sell that inventory, up from 8.0 months in December and the highest monthly supply since May." 

Home builders have slashed their inventories to a 38 year low.  New Homes under construction fell to a record low of 100,000 nationally.  Builders have cut back on production of new homes, but they still face headwinds from unsold existing-homes as foreclosures continue to mount up. If a home isn’t sold before it’s finished, it’s taking a record 14.2 months to sell it after completion—a reflection of the mismatch between more expensively priced homes in the inventory and lower-priced homes that have been selling.

The median sales price of a new home sold in January was $203,500, down 2.4% compared with a year earlier. Cheaper homes were selling better than expensive ones: 47% of sales were for less than $200,000, up from 43% in December. Meanwhile, 38% of sales were for $200,000 to $400,000, down from 41% in December.

SEVERN RIVER WATERFRONT PARADISE NEAR ANNAPOLIS MARYLAND

This custom waterfront located on Plum Creek is the perfect place to call home. You'll enjoy breathtaking views from most rooms in this 5 bedroom, 4.5 bath waterfront retreat.  From your first steps through the double front door you will be impressed with the quality, floor plan and exciting features.  Work from home in the main level study with built- in desk and cabinets for great storage.  The cook will always be in the middle of the activity in this five star kitchen featuring granite counters, stainless appliances, a butler's pantry with china cabinets and a breakfast bar for informal meals.  The family room with gas fireplace is open to the kitchen area with views to the water.  If formal entertaining is what you like the formal dining room is the perfect place for your fine china and finest feast.  The large master bedroom features a wall of windows overlooking the water with a balcony for summer time enjoyment.  The lavish master spa bath is designed for your complete relaxation and rejuvenation.  The lower level has been designed for fun and games.  When summer comes you will enjoy relaxing on the waterside patio or take a spin in your boat that is docked at your private deep water pier.  If a waterfront home is in your future take a look at this one.  $1,275,000  You'll be glad you did!     

Property is Exclusively Listed By The John Collins Real Estate Group

For More Info Call John Collins at 410-224-4999

Email - JohnCollins@mris.com

CHARMING HOME UNDER $250,000

ARNOLD, MARYLAND

This is a great opportunity to own a lovely 2 level, 3 Bedroom, home on the Broadneck Penisula of Arnold, Maryland.  Special features include a spacious family room with built-in bookcases, a separate dining area, the upgraded eat-in kitchen with Pergo floor and tile backsplash is a cooks delight, master bedroom with walk-in closet, upgraded bathroom, private patio, storage shed. Coveniently located to all major routes and shopping.  Don't wait on this one.  It may qualify for the $8,000  Federal Government Tax Credit, but the contract must be ratified by April 31, 2010.

Exclusively Listed By The John Collins Real Estate Group

For More Info Call John Collins at 410-224-4999

email - JohnCollinsGroup@mris.com

The Federal Government extended the First Home Buyer tax credit and expanded it to include qualified move-up buyers.  The maximum tax credit amount for the current homeowners is $6,500.   The credit is available for homes purchased on or after November 7, 2009 and before May 1, 2010.  Home contracts subject to a binding sales contract signed before May 1, 2010 will also qualify as long as closing occurs before June 30, 2010.  The eligible move-up buyer must have owned and resided in their residence for five consecutive years out of the last eight years.  Buyers can claim the credit on their 2009 taxes, even if the home is purchase in 2010, by filing an amended tax return.  Salary requirements are single taxpayers with incomes up to $125,000 and married couples with a joint income up to $225,000 qualify for the full tax credit.  Time is running out so give John Collins - 410-224-4999 a call to discuss your options.

Goldstein & Levy, P. A.

BUILDER HAS REDUCED THIS AMAZING WATERFRONT HOME $600,000 AND WILL LOOK AT ALL REASONABLE OFFERS!

This waterfront custom home was built on 1.46 wooded acres that rolls down to a deep water pier off of the Severn River in Annapolis, Maryland.  It is the perfect entertaining home for friends and family. 1st. level study, gleaming hardwood floors, Fantastic kitchen with large center island kitchen w/granite counter tops and 42" custom cabinetry.  The family room off the kitchen has a lovely stone fireplace for cold winter nights and great football parties.  There is also a large private deck off the kitchen.  The lavish master suite w/balcony and superbath has all the bells and whistles.  The lower walk-out level was built for parties.  It features a wet bar, sliders to a patio (the perfect place for a hot tub), and a room for exercise or office.  There is also a 3 car attached garage.  All of this is located just minutes from Annapolis and the Severn River.  This property is a short sale.  Come see and fall in love.  To see this home call John Collins at 410-224-4999 or email JohnCollins@mris.com with questions.  Home has been reduced to $1,000,000 - At this price it won't last!

http://www.johncollinsgroup.com/property/1880-Luce-Creek-Drive-Annapolis-Maryland

SELLER OF THIS CUSTOM ANNAPOLIS HOME HAS REDUCED THE PRICE!

The Seller will look at all offers on the beautiful custom home located in the beautiful country like community of Bay Head.  Just ten minutes from Annapolis and Severna Park this 4 Bedroom, 3.5 Bath home has all of the bells and whistles.  Upon entering the two story foyer you will see the quality of craftsmanship that was used in building this home.  The vaulted ceiling family room features a stacked stone fireplace that will warm you and your family on many winter nights.  The huge 5 star kitchen is a cook's delight.  Room for everything in the lovely cabinets, only the best appliances and a large eat in area for informal dining.  The bedrooms are all super sized with a master suite that is a wonderfula retreat for sleeping, reading or enjoying a bubble bath in the superbath.  The gleaming hardwood floors and crown moldings are an added feature.  The private rear deck looks out onto a premium 1.40 acre wooded lot with lots of privacy.  This home is located on the Broadneck peninsula of Annapolis.  It is a must see for anyone looking for good value for their dollars.  Call The John Collins Real Estate Group today and get ready to be impressed.  410-224-4999

http://www.johncollinsgroup.com/property/1504-Masonetta-Way-Annapolis-Maryland

New Listing - Tax Credit Delight!

953 Old Annapolis Neck Road, Annapolis - Eastport Maryland

Let the Federal Government help you buy this 4 Bedroom, 2.5 Bath two story colonial, located in Annapolis, MD.  This pristine colonial home features  spacious rooms, formal dining room, family room with a wood burning fireplace, pergo like floors, and breakfast area kichen, master suite with walk in closet, lower level recreation room, private deck, large fenced yard with storage shed and a 1 car garage.  All of this for the fantastic price of $445,000.  It is not a short sale or bank owned.  It's just a great buy!  953 Old Annapolis Neck Road, Annapolis Md.  Listed by The John Collins Real Estate Group  Call today to see this great buy!  410-224-4999

http://www.johncollinsgroup.com/property/953-Old-Annapolis-Neck-Road-Annapolis-Maryland

THIS IS A DREAM HOME!

Whether you are looking to own a Bed and Breakfast or just enjoy the lifestyle of charm and beauty this Eastport, Annapolis home is for you.  The owners have reduced the price by $275,000 so they can move on to their next port of call.  Their lose is your good fortune.  The English gardens are beautiful and peaceful.  The location is within walking distance to Historic Annapolis, the Annapolis - Eastport water taxis, fine resturants, pubs, crab houses and marinas.  If that wasn't enough the small town feel of Annapolis Eastport makes it the most desirable town in all of Anne Arundel County.  Take a virtual tour of this outstanding home and see why everyone is raving!

http://www.johncollinsgroup.com/property/11-Chester-Avenue-Annapolis-Maryland