Tuesday, February 18, 2014

Maryland Real Estate - Ten Facts

Here are some interesting Maryland real estate facts from this month's Frederick County Association of Realtors (FCAR) Newsletter.

Ten Facts about Real Estate & Maryland’s Economy
According to a study titled “The Role of Real Estate in Maryland’s Economy 2013” commissioned by the Maryland Association of REALTORS® (MAR), ten FACTS indicate the importance of real estate transactions to Maryland:
  1. Maryland’s real estate industry employed 234,500 in 2012, about 9% of the state total.
  2. Real estate contributed $45.2 billion of Maryland’s Gross State Product in 2011.
  3. Maryland ranks 11th in terms of Real Estate Tax Burden, about 44% above the national median.
  4. Maryland’s per capita Real Estate Tax Burden was $3,152 in 2011, 27% above US median of $2,311.
  5. Local real estate taxes generated $7.3 billion, 60% of local government revenue in FY2013, an increase from the 49% share in FY2010.
  6. Direct and secondary employment in real estate supports 464,000 jobs in Maryland.
  7. Real estate related jobs generates more than $15 billion in wages/salary, more than $66,000 per worker.
  8. With multiplier effects, Maryland’s real estate industry contributes over $71 billion to the economy.
  9. Real estate contributes $887 million to the state of Maryland in personal property taxes.
  10. Maryland ranks 10th among all states for its reliance on Property Taxes as a revenue source.
Source: February 18, 2014, Frederick County Association of Realtors (FCAR) newsletter

Sunday, February 16, 2014

Alerts for Frederick County - Frederick City

If you want to get Alert Notifications for Frederick County (includes Frederick City) sign up on their website. You will get information about snow emergencies and road closings, etc. http://frederickcountymd.gov/index.aspx?NID=4727

Saturday, February 15, 2014

After the Snow - Snow Removal

It was good to see the city getting rid of the snow with the heavy equipment!  This shot is on Market Street. It's a major operation.  Bill Adkins got an even better close up shot on his blog: http://badkins55.wordpress.com/2014/02/15/february-15-2014-south-market-at-carroll-creek/

Thursday, February 13, 2014

More Snow Photos - Frederick County

More snow photos taken by residents around Frederick County.  I will post other snow photos  as I get them.

Spring Ridge

Kai Hagen - Thurmont

Carl Butler - Knoxville

Gabe O'Neill -  Ijamsville

Gabe O'Neill

Inna's dog Joey - Westminster, MD
Linda Motton - 4th Street, Frederick

Winter Wonderland in Frederick, Maryland

When clients ask me what kind of weather we have in Maryland, I usually ask: "What kind do you like?" We have it all.  Hot, cold, floods, drought, blizzards, hurricanes, tornados. We have just about everything except avalanches and volcanoes! Frederick County has had its share of ice, sleet, rain, and now the big snow. It was a beautiful sight coming down last night here in Frederick and everywhere in the county. Even prettier on the ground. I'm sorry if you have to drive in it, and it's a good day to decide not to go anywhere.  Here are some downtown photos. If you have some snow photos of your own, please feel free to share them and I will publish them.  Especially for suburban and country snow photos. Email me if you would like to submit one:  darcyrichards01@gmail.com.

Wednesday, February 12, 2014

Baker Park Tree Damage

Last week's ice storm took a toll on trees in Baker Park and on properties all around the county.  I walked through Baker Park last week and surveyed some of the damage.

Local Photographer Cam Miller and her Light Paintings

Check out all of local photographer Cam Miller's light paintings on her website. They are composite photos! She explained yesterday what an amazing complex and detailed process it is to create these classical works. http://camscamerashots.zenfolio.com/lightpaintings