Broker’s Open 20 Perryfalls Place Wednesday, March 10, 2010 12-2 pm

This Wednesday, March 10, 2010, please join me and my company, Keller Williams Excellence Realty, at a Broker’s Open to showcase my new listing at 20 Perryfalls Place in Perry Hall, MD.

This great townhouse has three bedrooms, one full bath, and two half baths, plus large, open living spaces on each level.

I will be there on Wednesday, along with my office colleagues as well as agents from other real estate brokerages in the area. Stop on by to have some light lunch and view this home, and share feedback with me so I can share with my seller!

Weather.com shows around 60 degrees and cloudy on Wednesday, so make sure to enjoy the warm weather and some light food on the deck off the kitchen and dining room of this great home!

20 Perryfalls Place – Oakhurst Townhome
Nottingham, Maryland – Offered at $217,500
*UPDATE: SOLD!*

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Explore this wonderful Perry Hall home for sale at $217,500…

• First Floor
• Second Floor
• Finished Basement
• Exterior
• Neighborhood

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White Marsh Real Estate Values May Get Boost From GM Electric Motors Plant

General Motors announced today that its White Marsh plant is going to be its hub for building electric cars, creating 200 new jobs in Baltimore County. Andrea K. Walker of the Baltimore Sun reported this news shortly after GM announced it this afternoon.

This could be wonderful for the White Marsh and Perry Hall housing market because these jobs created may bring people from outside of the area, and they will need places to live! Other areas that could benefit could be Harford County up towards Bel Air like Abingdon, Fallston & Joppa, because they tend to be a quick commute to the area where the factory will be.

The expanded plant is due to open in 2013, with the new jobs beginning right around that time. Job training should begin before then with people moving into the area at that point.

This is GM’s first foray into electric motor cars, and is creating good buzz for the company, which bodes very well for the White Marsh area of Baltimore County!

New ramp from 695 Westbound to 95 South Near White Marsh plus Major Traffic Switch at 895/95 Split Will Mess With Baltimore Traffic

Beginning July 1, 2009, expect major delays on 695 and 95 as confused motorists attempt to navigate the new location for the ramp to 95 South near White Marsh. Motorists will be exiting 695 from the RIGHT instead of the left, as they had been doing, and entering 95 South on the right as well. Here is the link to the press release from the Maryland Transportation Authority.

Add onto that a few short miles down 95 South, where on July 12, 2009, there will be a major switch in traffic pattern at the 895/95 split in Baltimore. Currently, motorists remain to the left to get on to 895, and merge to the right to remain on 95. As of July 12, this will switch COMPLETELY around, making motorists merge to the left to remain on 95 and to the right to get on 895. Here is a graphical description of the change.

This means motorists who just navigated the merge onto 95 from 695 from the right now have to merge across traffic to the left lanes to remain on 95 South.

What does this mean for the people who live nearby? Have their house values dropped due to this? With the noise, dirt, dust, and road closures forcing motorists onto Route 1 or Philadelphia Rd in White Marsh and Rosedale, or Eastern Avenue near Canton in Baltimore how has this effected their values?

So far, running statistics, the market has not dropped in those areas. A few are actually better over last year. Was the year ago value drop due to early construction & in anticipation of what was to come? Possibly.

I am pleased to see that house values in White Marsh, Canton, Rosedale and the other areas surrounding this construction have not been hit hard. I will keep an eye on the statistics to keep updates coming.