Fort Meade Real Estate News and Updates

March 30, 2018

Odenton Condo for sale in Seven Oaks

The Roskelly Team just listed this picture perfect condo for sale in the
Seven Oaks subdivision of Odenton right across the street from Fort
Meade.  This first floor condo features 2 bedrooms and 2 full baths
in a secured access building and is offered for sale at $195,000. 

Enjoy all of the amenities that Seven Oaks has to offer including
community pool, clubhouse, picnic area and more!

View a full floor plan tour of this home.

Inside you'll find a spacious living room with entry to your private patio
A kitchen with wood floors, gas cooking and new granite counter-tops that
opens to the dining room.
The master bedroom features a walk-in closet and en suite bath with
granite vanity top.
The guest bedroom has entry to the second full bath and is just across from
the laundry room with extra storage.

Thinking of buying a home in Seven Oaks or listing your Seven Oaks home for sale?  Contact The Roskelly Team  at (410) 721-6694 today and we'll make sure you get the very best price and contract terms on your sale or purchase.

March 30, 2018

Piney Orchard condo for sale

The Roskelly Team at RE/MAX Leading Edge just listed this 55+, age
qualified condo with garage for sale in the Cedar Ridge at Piney Orchard
subdivision of Odenton.  Offered for sale at $325,000, this sunny, 1,700 s.f.
corner unit features two bedrooms and overlooks the community pool.

Enjoy all the amenities Piney Orchard has to offer along with a separate
community pool and an amazing recreation center.

View a full floor plan tour.
piney orchard home for sale in Odenton MD
The spacious living room features columned entries to the formal dining room
and sunroom with wood floors.
The recently updated kitchen features new Duraceramic tile floors, breakfast bar,
granite counter-tops and a sunny breakfast room with built-in office nook.
The master suite features tray ceilings, dual walk-in closets and an en suite
bath with dual sink vanity and shower.
The guest bedroom adjoins the second full bath and laundry room with extra storage.
The garage is located on the side of the building.

Thinking about buying, selling or renting a home in Piney Orchard? 
The Roskelly Team specializes in this neighborhood.  Let us put our 20 years
of experience to work for you to get you the very best price and contract
terms on your sale or purchase.

March 22, 2018

Anne Arundel County MD Cost of Living

The Economic Policy Institute released some interesting data on the cost of living by US County via a Family Budget Calculator.  Anne Arundel County came in at an annual salary need of $99,570.  This included (for a family of four) a housing allowance of just $1,692 per month, well below the county average, which I would estimate at $2,000 per month.  So, in reality a true adjusted housing cost would be about $5,000 more per year topping the $100k mark on an annual salary needed to make the county affordable.

So many families are renting and using hard-earned income to pay someone else's mortgage.  This leaves those families without one of the very best income protections, a mortgage interest deduction.  If you've been on the fence about buying a home, let's talk.  We have programs with little or no down-payment, county and city grants and are expert at negotiating your closing costs into your home purchase so you could own with little to no money out of pocket.

Why invest in a home?  Well, even if you can't afford to buy your dream home now, getting a starter home gives you the tax advantages and you'll be building equity towards a future purchase or retirement savings. 

Ready to move up?  We can help you sell or rent your existing home for top dollar so that you can use that equity to buy a home that fits your lifestyle right now.

The Roskelly Team wants to invest with you in your dream of home ownership.  Let's get started today with a search of all homes for sale in Anne Arundel County!  Or, give us a call at (410) 721-6694


March 16, 2018

Home for Rent Near Fort Meade - 7944 Citadel Drive Severn MD

The Roskelly Team just listed this 4 bedroom 2 bath single family home for rent near Fort Meade.  Located in The Provinces, just two minutes to Fort Meade / NSA this home features a large fully fenced yard.

The main level features a living room and family room, recently updated kitchen 

A recently updated kitchen with gray cabinets and granite counter-tops and sunroom addition (photos to be updated).
Upstairs, you'll find two additional bedrooms and a second full bath.

March 13, 2018

Maryland Real Estate Finance News - 3-12-2018

VA Mortgage loans for Fort Meade MD home buyers

You've probably been hearing a lot of interest rates rising for mortgage loans.  We've got several clients whose home purchasing power just went down a bit as the interest rate raise put their top mortgage limit down and their desired monthly payment out of reach.  While you'll hear much about this being really bad news for the market, rates are still historically very low and, in my opinion, not likely to cause much of a fuss for us.  This could however herald a slow down (or cooling of contract terms) in the hot seller's market that we have right now as the audience of home buyer's, particularly for top-priced housing, will shrink and we may not have as much demand.  

Our preferred lender, Pete O'Donnell at First Home Mortgage, has given us his over view below... 

Currently the average 30 Year Fixed mortgage rate is hovering right around 4.5%, up from roughly 4% in December 2017. While this is a large increase in a small time frame, it’s important to remember that after the 2016 election rates shot up from 3.57% in November to 4.3% by late December. That wasn’t even the largest increase in the last 5 years. From May-June 2013 rates increased from 3.35% to 4.46%!

So you’re probably thinking…how did we get here? How did we see this .5% increase over the last 2 months?

There’s not one singular cause, but I’ll review a few of the likely culprits below…

1)      Federal Reserve- While the Fed doesn’t have a direct impact on long term mortgage rates; its policies tend to have a trickle-down effect.  After years of increased bond buying and quantitative easing, the Fed has started to unload its massive balance sheet and is flooding the bond market with treasury bills. This increased supply of treasuries is driving the price down, and increasing the yield (Bond price and yield have an inverse relationship). Mortgage rates tend to follow the 10 Year Treasury yield and we’ve see the 10 year yield rise from 2.4% in Mid-December to 2.9% this week.

2)      Inflation- For the last few years Janet Yellen and the Fed have been warning about rising inflation, but most economic indicators showed no reason to be concerned. That has changed in the last few months as we’ve seen GDP growth over 3% in the last few quarters, coupled with 17 year low unemployment levels (currently 4.1%). What really rang the inflation alarm was the January Labor report which showed average hourly earnings up 2.9% from the prior year. For the last few years we’ve seen unemployment decline, but wage growth was relatively flat. This new trend of declining unemployment and increased earnings has signaled inflation may be taking off sooner than expected.

3)      Stock Market- In late January and early February the stock market saw some record daily losses but it’s probably not as bad as you think. While Monday the 5th was the Dow’s single worst day decline in history, percentage-wise, it was only a 5% drop from its 12 month high, not even registering an official “correction”. While typically there’s an inverse relationship between the stock and bond market, this hasn’t been the case as mortgage rates continued to climb as the Dow fell. 

So where do we go from here? Probably up. Most economists are projecting rates to continue to rise the remainder of 2018 and into 2019. My advice is to get pre-approved as soon as possible so you can get into your next home before we see interest rates cross the 5% barrier, which we have not seen since 2011.

March 8, 2018

Homes for Rent Near Fort Meade - 7504 Langport Court

The Roskelly Team just listed this amazing three level Villa for rent in the Villages of Dorchester Hanover just 5 minutes to Fort Meade MD and NSA.  Offered at $2,400 per month, this home features over 2,800 s.f. of living area with 3 bedrooms 3.5 baths, a private deck and fenced back yard.

View a full tour of this home here.

Homes for rent near fort meade md
The main level features gleaming hardwood floors throughout with formal living room, formal dining room, gourmet kitchen with granite counter-tops and stainless steel appliances, half bath, laundry room, and sunroom with entry to your private deck.
Upstairs you'll find a spacious master suite with walk-in closet and private bath with shower and separate soaking tub along with a dual sink vanity, two additional bedrooms and a full bath complete the upper level.
The finished basement offers a sitting room with entry to the fenced back yard with patio, den and large family room, plus a full bath with pedestal sink and shower.
Contact The Roskelly Team, your Fort Meade area real estate specialists since 1999 for a private showing of this home.  Or visit us on-line to view all homes for rent near Fort Meade.  If you are a tenant looking to rent a home, your good credit is all you need to qualify for our free rental locator service.  We'll can be your one-stop contact any property listed on any website.  And, we'll work with you until you find your perfect home!

March 8, 2018

Maryland Homeowner's Tax Credit

Why are we telling you about the Maryland Homebuyer's Tax Credit now?  Because the deadline to file an application is May 1st and this could affect a great deal of Fort Meade area homeowners, particularly those serving in our US Military!  We aren't just your Fort Meade real estate pros, we care about our families and our community before, during and after you work with us to find or sell a home!  This program is designed to give you a credit, based on a percentage of your income, on your real estate taxes paid.

The very first thing you need to know is that this program is for households whose combined total income is LESS than $60,000 per year.  If you meet that criteria, read on...

You must meet three other basic requirements

1.  You must OWN or have a legal interest in the property

2.  The home on which you are seeking the tax credit must be your primary residence where you live at least 6 months out of the year, including July 1st. There are special conditions if you did not live in the home on July 1.

3.  Your net worth (excluding the value of the this property or any qualified retirement savings accounts) must be less than $200,000.

If you've met the criteria above you need to submit an application or you can view all program information on the Maryland State website.

March 5, 2018

Crofton MD Real Estate - Homes for Sale on 3 -5-18

Whether you're looking for a single family home, townhome or condo, the Crofton real estate market is hopping right now but there are still some bargains to be had.

All Single Family Homes for sale in Crofton MD
Single family homes right now start at $299,900 for a home in Crofton Village and range up to $550,000 for a home in Crofton Manor.  With our "coming soon" high school and lots of new retail business in the Crofton area, home prices are sure to increase.

All townhomes for sale in Crofton
Townhomes in Crofton range in price from $260,000 for a  two story home in Crofton Park to $365,000 for a three level townhome in Walden.

All Condos for sale in Crofton MD
Condo Prices start at $169,900 for a cute little home in The Habitats to $307,500 for a three level townhome condo off the Crofton Parkway in Georgetown.

When you are buying or selling a home, navigating a hot real estate market where multiple offers are the norm takes some skill.  You don't want to overpay or leave money on the table!  The Roskelly Team has almost 20 years of local market experience and we live, work and play in Crofton MD.  Give us a call today at 410-721-6694 or visit us on-line at  We'd love to make finding or selling your Crofton home the easiest part of your move!

Jan. 26, 2018

Home For Sale Near Fort Meade - 7861 Crystal Brook

The Roskelly Team just listed this beautiful home for sale near Fort Meade MD
in the Pointe at Arundel Preserve subdivision of Hanover.  This home features
3 bedrooms 2 full and 2 half baths with a rough-in for tub in basement and a
two car garage and is offered for sale at $405,000.

View the full virtual tour!
Hanover MD Home for sale near Fort Meade
The main level offers a welcoming foyer, gourmet kitchen with granite
counter-tops, separate dining room and powder room.

Upstairs you'll find a master bedroom with walk-in closet and en suite bath
along with two additional bedrooms, a second full bath and laundry area.

The finished, walk-out basement features an over-sized two car garage,
large family room with gas fireplace and a third full bath.

Enjoy all the amenities that Pointe at Arundel Preserve including swimming pool,
tennis, tot lots, fitness center & more!

Jan. 17, 2018

Home for rent in Piney Orchard - 836 Estuary

The Roskelly Team just listed this luxurious three level end unit townhome
with fenced yard and 25' x 13' patio for rent in the Piney Orchard subdivision
of Odenton.  

3 bedrooms 2 baths offered for rent at $2,200

Piney Orchard home for rent in Odenton MD
The main level offers a welcoming foyer, a living room with hardwood
floors, corner gas fireplace and built in bookshelves and a separate
dining room with French door entry to the fenced yard...
...and a gourmet kitchen with granite counter-tops and upgraded appliances.
The upper level features two bedrooms, a full bath and a
spacious laundry room.
And the entire top level is a grand master suite with huge walk-in
closet and luxury bath with soaking tub and separate shower.
Enjoy all the amenities that Piney Orchard has to offer including indoor
and outdoor pools, tennis, fitness center and more!

Thinking of buying, selling or renting a home in Piney Orchard?  Contact
The Roskelly Team today for experienced, friendly real estate assistance.