~ Just Listed - 629 South Streeper Street ~

2 Bedroom, 2 Full Bath

Canton

www.629SStreeper.com

Move-in Ready Charmer in prime location, priced to sell! Walk in to the open first floor, flowing right from living room to kitchen. This 11ft+ wide home boasts oak and pine wood floors throughout, french doors, exposed brick, transoms, replacement windows, skylight and a partially finished basement with its own full bath. Large back patio with potential for a parking pad, NEW roof,  and interior roof access for potential rooftop deck. Crisp, clean and ready for you to make it your own!

Get more information and see all the photos here:

www.629SStreeper.com

~ Just Listed - 4295 Falls Road ~

3 Bedroom, 1 Bath

Medfield

www.4295Falls.com

Beautiful and immaculate​ , this 3 BR porch-front stunner sits far back from the street. A​n ​ urban oasis over-flowing with charm & character​. ​Many updates! ​Gorgeous interior arches, original wood floors, open floor plan & freshly painted. Boast ​s​ replacement windows, custom exterior doors, slate-tiled front porch, ​ 4 years new boiler,​ ​ ​brand new water heater​ ​ ​& ​more ~ ​WOW​! Relax on the covered back porch overlooking the lush ​, ​fenced yard & urban garden. Perfect for entertaining. Lucky guests, lucky you!

See all the photos and find out more information about this property at www.4295Falls.com

Housing Inventory Snapshot

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date. Housing Inventory Snapshot April 30, 2014 Average List Price for active listings Median List Price for active listings Average DOM: for active listings/ for sold listings Allegany County, MD Single Family under $180K $99,383 $95,000 202  / 211 Single Family over $180K $293,850 $259,900 193  / 188 Condo/Townhome under $300K $112,638 $89,777 277  / 506 Anne Arundel County, MD Single Family under $500K $333,437 $335,000 106  / 126 Single Family over $500K $1,003,268 $715,000 140  / 172 Condo/Townhome under $300K $183,908 $205,900 109  / 124 Condo/Townhome over $300K $419,774 $375,000 93  / 129 Baltimore City, MD Single Family under $500K $194,300 $145,000 118  / 106 Single Family over $500K $845,738 $724,900 107  / 137 Condo/Townhome under $300K $90,799 $65,000 143  / 152 Condo/Townhome over $300K $535,427 $470,900 125  / 94 Baltimore County, MD Single Family under $500K $254,886 $239,000 111  / 129 Single Family over $500K $919,279 $695,000 120  / 175 Condo/Townhome under $300K $126,320 $119,900 114  / 127 Condo/Townhome over $300K $474,513 $389,999 76  / 99 Calvert County, MD Single Family under $500K $312,772 $314,900 138  / 158 Single Family over $500K $722,183 $604,900 181  / 202 Condo/Townhome under $300K $230,895 $235,000 169  / 147 Condo/Townhome over $300K $374,920 $334,900 233  / 136 Caroline County, MD Single Family under $500K $200,016 $189,000 205  / 221 Single Family over $500K $799,230 $799,000 194  / 127 Carroll County, MD Single Family under $500K $326,455 $330,000 113  / 138 Single Family over $500K $770,745 $639,000 174  / 184 Condo/Townhome under $300K $173,581 $162,500 104  / 181 Condo/Townhome over $300K $354,653 $353,990 18  / 163 Cecil County, MD Single Family under $500K $297,178 $280,990 134 Single Family over $500K $729,365 $640,905 153 Condo/Townhome under $230K $158,170 $150,000 125 Condo/Townhome over $230K $280,398 $249,900 175  / 230 Charles County, MD Single Family under $500K $316,534 $325,000 122  / 147 Single Family over $500K $1,728,165 $1,150,000 120  / 101 Condo/Townhome under $300K $175,809 $169,999 103  / 122 Condo/Townhome over $300K $798,261 $819,900 45  / 103 Dorchester County, MD Single Family under $500K $182,573 $159,500 195  / 195 Single Family over $500K $1,171,308 $825,000 196  / 161 Condo/Townhome under $200K $116,477 $125,000 207  / 169 Condo/Townhome over $200K $335,777 $299,900 220  / 408 Frederick County, MD Single Family under $500K $321,905 $334,900 110  / 131 Single Family over $500K $783,492 $649,900 127  / 99 Condo/Townhome under $300K $211,350 $219,900 65  / 108 Condo/Townhome over $300K $378,072 $363,020 71  / 60 Garrett County, MD Single Family under $500K $192,405 $159,900 212  / 265 Single Family over $500K $929,400 $749,000 286  / N/A** Condo/Townhome under $300K $195,038 $219,000 415  / 860 Condo/Townhome over $300K $458,561 $367,000 126  / N/A** Harford County, MD Single Family under $500K $315,728 $324,900 101  / 144 Single Family over $500K $769,909 $634,900 174  / 249 Condo/Townhome under $300K $182,366 $189,000 80  / 118 Condo/Townhome over $300K $423,442 $389,900 166  / 56 Howard County, MD Single Family under $500K $361,862 $369,900 84  / 105 Single Family over $500K $846,690 $724,000 126  / 124 Condo/Townhome under $300K $209,501 $220,000 78  / 99 Condo/Townhome over $300K $413,870 $379,000 50  / 103 Montgomery County, MD Single Family under $1M $549,145 $519,500 84  / 90 Single Family over $1M $1,964,520 $1,595,000 108  / 120 Condo/Townhome under $600K $292,949 $279,900 67  / 83 Condo/Townhome over $600K $919,419 $724,900 69  / 70 Prince Georges County, MD Single Family under $500K $307,055 $300,000 95  / 120 Single Family over $500K $700,830 $599,000 126  / 94 Condo/Townhome under $300K $164,226 $165,000 116  / 142 Condo/Townhome over $300K $416,772 $360,990 109  / 109

If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.

Sincerely,     Magan Marie Drane, Realtor®, ABR® Relocation Expert Direct (410) 493-6854 Office (410) 235-4100 Fax (410) 558-6761 Magan@MaganDrane.com www.magandrane.com Coldwell Banker Residential Brokerage  Listing Agent  &  Buyers Agent Since 2005 #1 in Coldwell Banker Maryland Individual Sales for January 2014!

Tips for BUYING

Whether you're a first time home buyer or have bought multiple houses, there are some keys things you need to keep in mind.

• Know the Costs: It always pays off to be prepared. Make sure you are aware of all the costs associated with buying a home and be sure to factor them into your budget.
• Location: Do your research ahead of time. This way you'll be able to narrow your search down to the neighborhood you want to live in. And you won't waste you're time looking at homes outside your ideal neighborhood
• Size: How much home do you need? If you're a growing family, keep that in mind so your house isn't bursting at the seems in a few years. 
• Credit: How is your credit? Better to find out now before starting your home search.
• Family: Do you have kids, or are expecting to within the time that you plan to own your home? Keep school districts in mind.
• Get Pre-Approved!: Do this before setting out to look at homes. Nothing is worse then finding your dream home in what you think will be your available budget only to find after that you can't afford it.
• Find the Right Agent: It is important to be comfortable with your Real Estate agent. Find someone you can trust and depend on to fight for you!!

Federal Tax Credit for New Home-Buyers

New home-buyers may be eligible for federal income tax credit

Eligible homebuyers can claim a federal income tax credit of up to $2,000 for the life of their mortgage under a new program unveiled Thursday by the Maryland Department of Housing and Community Development. DHCD’s Maryland HomeCredit program provides eligible home-buyers with a mortgage credit certificate allowing them to claim a tax credit for some portion of the mortgage interest rate paid each year on their federal income tax return. 

The program launches June 1 and continues through Dec. 15, 2015. A home-buyer purchasing a home during that period is eligible to claim 25 percent of the interest paid as a federal tax credit for every year the mortgage is outstanding and the buyer lives in the home. The homebuyer must get the Maryland HomeCredit at the time he or she closes on the mortgage. There are fees associated with the Maryland HomeCredit. Refinances are not eligible.

Read it here: http://www.dhcd.state.md.us/Website/blog/Default.aspx

Thinking about buying or selling?

Now is the time!

The spring selling season is bursting with activity. There is an increase in showings and properties are going under agreement quickly, often within days.

If you have been waiting for prices to increase before putting your home on the market, it's time to stop waiting! The buyers are out and ready to purchase, so home sellers shouldn't miss this tremendous opportunity. If you are thinking of placing your home on the market, call me today. I will complete a competitive market analysis, review competing homes currently on the market, and will determine the inventory levels specific to your locale and price point. Who knows I may just have the buyer you are looking for!

And buyers, you should do your due diligence in advance. Obtain a mortgage pre-approval, which will allow you to make a quick purchase decision. Keep your home-ownership goal in sight. Contact me about getting the process started, I can recommend a great lender! Working together, you'll be moving in no time.

Next week, I'll post both tips for selling your home and tips for purchasing a home, so check back!

Happy buying and selling!

~ Just Listed - 3011 Barclay Street ~

3 Bedroom, 1.5 Bath

Abell

www.3011Barclay.com

Move in Ready! This charming home is just steps from all Charles Village has to offer. Lots of bonuses with this home- replacement windows, wood floors, open floor plan, updated kitchen, and renovated bathroom. Living room opens up to dining room which leads right into the open kitchen with plenty of cabinet space and a breakfast bar. Upstairs is light and bright with 3 bedrooms and a full bath. Relax in your grassy, fully-fenced, private back patio or take in the city life from your cozy front porch!

See all the photos and find out more information about this property at

www.3011Barclay.com