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Crofton, MD has had a total of 193 homes that have sold from January 1, 2010 through August 31, 2010. Of these, only 15 were bank owned (foreclosure) sales. This equates to 7.7% of total sales. Compared to other communities in the area, this is a very small number.

The process of purchasing a bank owned property is well documented, and varies only slightly from a normal resale. The fact that there hasn't been many foreclosures in Crofton, MD has tended to help keep property prices stable.

As of today, September 2, 2010, the map below shows the ten properties that have been foreclosed on in Crofton, MD. These properties are available for preview. Hover over the icon for a picture and price, click on the icon for full details.

If you're not already working with an agent, I can show you any foreclosed property in Crofton, MD, or anywhere in the surrounding area.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

Thirteen new listings became active during the week of 8/15 to 8/21. Prices on these new entries ranged from $225,000 to $525,000.

Four homes went under contract/no kick out status, and six went under full contract status. These contract changes are an indicator of future settlements in Odenton, MD.

One rental applications were registered, and ten homes were rented last week in Odenton, MD. Again, another indication of the strong rental market in Odenton.

Six homes completed the entire sale process and settled. Congratulations to these new Odenton, MD home owners. Closings remain strong in Odenton, MD.

One active listing expired, and six active listings were withdrawn from the Odenton, MD real estate market.

If you're looking for a home to buy or rent in Odenton, MD, or anywhere in the surrounding area, I can help.

Clicking any icon on the map below will display all homes for sale or rent in Odenton, MD.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell

Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

Eight new homes became active during the week of 8/8/10 to 8/14/10. One of these would be new construction. The current available homes for sale in the Crofton, MD inventory remains at 154. This is an excellent combination spanning all price ranges. The least expensive Crofton, MD home is listed for $129,900 and the most expensive is listed for $650,000.

Five homes went under contract/no kickout status, and three went under full contract status. One home went under contract with a kickout. This activity is an indicator of future settlements in Crofton, MD.

Three application was registered on rentals, and eight homes were rented last week in Crofton. Another indicator of the strength of the rental market.

Six homes completed the entire sale process and settled. Congratulations to these new Crofton, MD home owners. They ranged in price from $234,995 to $529,900.

Two active listings were withdrawn from the Crofton, MD market.

Clicking any icon on the map below will display all homes for sale or rent in Crofton, MD.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

Hallmark Woods in Gambrills is a wonderful community tucked away in the woods, yet near major roads and transportation routes. Just minutes from Crofton, Hallmark Woods sub-division has 108 homes, all on an acre, or more of land.

Prices of these single family homes in Hallmark Woods range from the mid $400's to the high $500's.

If you're looking for a single family home in a rural setting, Hallmark Woods is an area you should explore. There are currently 5 homes for sale in Hallmark Woods. all 5 can be seen on the map below.

If you're not already working with a REALTOR® to find a home in the Gambrills, Annapolis, Crofton area, I can help.

The Crofton, MD rental market is extremely robust right now. Quality, affordable rentals are very hard to come by. I'm getting calls and emails every day from people looking for decent rentals in the area. Renters are getting pretty aggressive trying to get into a place before school starts.

Many military families are being relocated and will be working at Ft. George G. Meade, or the NSA. Some as a result of the Base Realignment and Closing initiative (BRAC), and others with their Permanent Change of Station orders.

Crofton, MD is an excellent choice for renters. Located about 15 minutes from Ft. George G. Meade, Crofton has a lot to offer both buyers and renters. 

Crofton has a nice selection but only 20 rental homes in the current inventory. This is a pretty small inventory for a community this size. All of the properties are condos or townhouses. No single family homes are available today, August 15, 2010. That will change.

The map below shows all of the homes for rent in the Crofton, MD home inventory. Click on any of the icons and you will see additional details on each property. Log in and get automatic email updates when new homes go on the rental market in Crofton, MD.

If you're not already working with an agent to rent a house in Crofton, MD, or the surrounding area, I can help.

Four new homes became active during the week of 8/8/10 to 8/14/10. The current available homes for sale in the Crofton, MD inventory stands at 154. This is an excellent combination spanning all price ranges. The least expensive Crofton, MD home is listed for $129,900 and the most expensive is listed for $639,990.

Four homes went under contract/no kickout status, and four went under full contract status. This is an indicator of future settlements in Crofton, MD.

One application was registered on rentals, and eight homes were rented last week in Crofton. Another indicator of the strength of the rental market.

Four homes completed the entire sale process and settled. Congratulations to these new Crofton, MD home owners. They ranged in price from $187,999to $425,000.

Four active listings were withdrawn from the Crofton, MD market.

Clicking any icon on the map below will display all homes for sale or rent in Crofton, MD.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

Bowie, MD has been one of those areas in Suburban Maryland that has been hardest hit by foreclosures. Homes that complete the foreclosures process become bank owned properties and are listed with a local real estate brokerage for sale. The purchase of a bank owned property isn't much different than a normal resale.

Bowie, MD has had 619 homes sold between January 1, 2010 to July 31, 2010. 227 of these homes have been bank owned (foreclosed properties). So far this year 37% of properties in Bowie, MD have been foreclosures.

Bank owned properties are usually sold "as is," and the offer has to go to someone in the bank for a approval. A few extra addenda here and there and you can be the owner of a bank owned property.

Right now there are seventy one bank owned properties for sale in Bowie, MD. Details on each of them can be viewed on the map below.

If you're not already working with an agent, I can show you any active listing in Maryland...including those Bowie, MD bank owned foreclosures.

Clicking any icon on the map below will display all foreclosures in Bowie, MD.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

Three new rentals came on the market in Odenton, MD last week. The rental inventory still remains low, and the demand is high, primarily due to military moves at this time. That brings the total available rentals in Odenton to twenty one. Decent rentals are going pretty quickly.

Eleven new listings became active during the week of 7/25 to 7/31. Prices on these new entries ranged from $198,500 to $499,900.

Six homes went under contract/no kick out status, and four went under full contract status. One listing went under contract with a kick out clause. These contract changes are an indicator of future settlements in Odenton, MD.

Four rental applications were registered, and six homes were rented last week in Odenton, MD. Again, another indicationof the strong rental market in Odenton.

Eleven homes completed the entire sale process and settled. Congratulations to these new Odenton, MD home owners. Eleven homes going to settlement in one week is an indication of the strength of the market.

No active listings expired, however, five active listings were withdrawn from the Odenton, MD real estate market.

If you're looking for a home to buy or rent in Odenton, MD, or anywhere in the surrounding area, I can help.

Clicking any icon on the map below will display all homes for sale or rent in Odenton, MD.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved