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Rockville, MD Real Estate News

Rockville & Silver Spring, MD Foreclosure Auctions, Trustee Sales, Homes For Sale, Harvey West Auctioneers Harvey West Auctions, Auctioneers conducts trustee sales at the county court house entrance. Trustee sales auctions are open to the public and all qualified bidders. These sales are foreclosures by the secured mortgage lenders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  The required deposits must be in the form of cash or certified funds. Most of the bidders use cashier's checks that are payable to themselves and endorse the checks when they are successful. Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions a...
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By Nick Pakulla, Nick Pakulla Mortgage Team, Lender in MD DC VA
(Nick Pakulla Mortgage Team Maryland, Virginia, District of Columbia)
With officially 1 week left until summer mortgage rates have reached near 50 year all-time lows!  This coupled with recent news that home sales are increasing is great news for the housing market.  The Maryland and DC metro area real estate markets have been historically slightly more stable than national averages due to the high amount of government jobs. For example, in the video below Lawrence Yun explains that regionally in the Northeast sales increased 21.1%.   However, if there is any good news about the housing market, I’ll take it! National Association of Realtors presents data that completed transactions that include single-family, townhomes, condominiums and co-ops, increased 7.6 percent to a seasonally adjusted annual rate of 5.77 million units in April from an upwardly revi...
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By Peggy Lyn Speicher, Co-Founder & REALTOR®
(The Speicher Group)
1 BR 1 BA Condo for Sale The Gables Rockville Maryland The seller is now offering to pay all condo fees for the buyer for the remainder of 2010! This saves your buyer the $371 pool fee PLUS $349 per month! The pool opens next weekend and it's a big party all summer!  
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Rockville, MD Homes For Sale For $250,000 Or Less   Active Listings, Short Sales, REO Listings Of Lender Owned Foreclosures - Montgomery County   Investor Alert   What is available in homes for sale for $250,000 or less?   This is a question that is being asked by real estate investors as they seek to build their rental portfolios. Homes in the area make good rental properties because of the convenience to employment centers, shopping and public transportation. And, the schools have an outstanding reputation. Many are pleased to find that there is a very good selection of homes for sale below the $250,000 price level.    Spring is blooming for Maryland real estate investors. This is what is available today:   If you exclude the short sales and lender owned foreclosures, there are 24 act...
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By Peggy Lyn Speicher, Co-Founder & REALTOR®
(The Speicher Group)
3 Bed 2.5 Bath Home Rockville Manor Park Country Club Maryland Open Sunday 1-4 Charming colonial in sought-after Manor Park Country Club. Built in 1947, this architecturaly distinctive home is located on a breathtakingly beautiful 1/2 acre lot with flat, fenced backyard & mature landscaping. Also: gleaming hardwood floors on 2 levels, updated kitchen, morning room & more. Fabulous golf/tennis/social club for entire family: $20,000 initiation fee waived. Visit the RE/MAX web site for more information. Open house Sunday, May 23, 2010 from 1 - 4.  Please come by, sy hi, and look at everything that Rockville Manor Park Country Club Maryland has to offer.   View Larger Map
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Rockville, MD 20852 Zip Code Real Estate Statistics     Home owners and prospective purchasers want to know the trends of the local real estate market. The following statistics are for the past month and are compared with the same month last year. There were 97 new listings of homes for sale and 89 homes for sale went to pending new contracts. The sold dollar volume for the zip code was up 44.48% from last year. The number of homes sold was 48 from 36 last year. The average time on the market was 52 days from 71 days last year. The average sale price was 96.50% of the average list price. The median sold price was $379,000.      Blooming in Montgomery County. RealEstate Business Intelligence, LLC.ZIP Code Statistics - Higher Price Segment Format ZIP Code: 20852 Rockville, MD From: 04/01/...
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Rockville, MD 20850 Zip Code Real Estate Statistics     Home owners and prospective purchasers want to know the trends of the local real estate market. The following statistics are for the past month and are compared with the same month last year. There were 87 new listings of homes for sale and 69 homes for sale went to pending new contracts. The sold dollar volume for the zip code was down 4.62% from last year. The number of homes sold was 42 from 39 last year. The average time on the market was 40 days from 64 days last year. The average sale price was 98.08% of the average list price. The median sold price was $437,450.  The average sold price was $476,016.     Spring is blooming for home buyers in Montgomery County. RealEstate Business Intelligence, LLC.ZIP Code Statistics - Higher...
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Rockville, MD Foreclosure Auctions, Trustee Sales, Homes For Sale, Harvey West Auctioneers Harvey West Auctions, Auctioneers conducts trustee sales at the county court house entrance. Trustee sales auctions are open to the public and all qualified bidders. These sales are foreclosures by the secured mortgage lenders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  The required deposits must be in the form of cash or certified funds. Most of the bidders use cashier's checks that are payable to themselves and endorse the checks when they are successful. Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not condition...
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By Betsy Schuman Dodek, SearchPotomacHomes.com
(Washington Fine Properties - Washington DC Area Real Estate)
  THE MAINS IN ROCKVILLE MD:  GARAGE TOWNHOUSES IN A+ LOCATION SUBDIVISION – THE MAINS: The Mains is a popular community built in 1989 of 61, brick, two car garage townhomes in the Timberlawn subdivision in Rockville MD and N. Bethesda area. 21 years later and the floor plans at The Mains are still popular amongst buyers. Many units have vaulted ceilings in the great room on the back of the house with open living room/dining rooms in the front. The master bedrooms have vaulted ceilings and two additional bedrooms in the upper level. Many of the owners have updated their homes with refinished hardwood floors, new kitchens including stainless steel appliances and granite counters.   COMMUNITY AMENITIES:   Residents of The Mains can take advantage of the Pembroke Association pool, tennis c...
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
Rick Boothe | RE/MAX Realty Group | 301-793-6796 5809 Nicholson Lane, Rockville, MD Wonderful Building & a fantastic condo! 1BR/1BA Condo offered at $285,000 Year Built 1991 Sq Footage Unspecified Bedrooms 1 Bathrooms 1 full, 0 partial Floors Unspecified Parking 1 Car garage Lot Size Unspecified HOA/Maint $0 per month DESCRIPTION An Abundance of Sunlight fills this rarely available 1 Bedroom in the Wisconsin.Shows Beautifully & includes all of the Luxury & Amenities that The Wisconsin has to offer Indoor/Outdoor Pools, Fitness Center ,Tennis/Squash/Racquetball courts,24 hr Gated Security, Underground Garage & So Much More! One Block to Metro/Shopping & Restaurants. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Tile floor - Family room - Dishwasher - Refri...
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By Betsy Schuman Dodek, SearchPotomacHomes.com
(Washington Fine Properties - Washington DC Area Real Estate)
FALLSTONE IN ROCKVILLE MD: FABULOUS TOWNHOMES IN GREAT LOCATION SUBDIVISION - FALLSTONE: Fallstone is an exclusive community of 132, two car garage townhomes in the Rockville/North Bethesda area. This is a lovely neighborhood located just outside the beltway but convenient to all area amenities including walking distance to White Flint Metro Station & White Flint Mall and just a stone's throw from the new Rockville Town Square, Downtown Washington & Bethesda, I-495, I-270, Westfield Montgomery Mall, Tysons Corner Mall, Grocery Stores - Giant, Balducci's, Harris Teeter & Whole Foods, the Montgomery Aquatic Center and the Davis Library. Just a stone's throw from Fallstone will be the new White Flint Town Center and home to the area's newest Whole Foods, LA Fitness and Arhaus Furniture to...
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By Nick Pakulla, Nick Pakulla Mortgage Team, Lender in MD DC VA
(Nick Pakulla Mortgage Team Maryland, Virginia, District of Columbia)
Fannie Mae is changing the rules on interest only mortgages and adjustable rate mortgages (ARMs).  They are instituting stricter policies, for the better, to help prevent people from qualifying for homes they could not normally afford.  Some of these following rules should have been in place from the start!   “To limit the impact of payment shock for ARM borrowers,“ Fannie Mae is requiring that for ARMs with an initial period of 5 years or less that the borrowers must be qualified at the greater of the note rate plus 2 percent or the fully indexed rate.  A lot of people would like to argue that the lending pendulum has swung too far, however, this is a change that most can agree makes perfect sense. “Fannie Mae has structured the interest-only option for borrowers who are in a position ...
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By Nick Pakulla, Nick Pakulla Mortgage Team, Lender in MD DC VA
(Nick Pakulla Mortgage Team Maryland, Virginia, District of Columbia)
  In respect of Earth Day, Clean Currents provides you a way to power your home with clean energy (and it saves you money!) Did you know that you can power your Montgomery County home with clean energy for LESS than you pay with BGE or Pepco!? Clean Currents Wind Power allows residents of the Mid-Atlantic to go carbon-neutral. Clean Currents bundles standard electricity from the Mid-Atlantic grid with Renewable Energy produced by wind turbine farms in the United States. This bundled product is supplied by Washington Gas Energy Services. There is no installation of equipment required and no change to the reliability of power to your home. YOU CAN ALSO SAVE MONEY! Clean Currents wind power rates are LOWER than avg Pepco, BGE, and Allegheny rates. As a price comparison here are the Pepco r...
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By Betsy Schuman Dodek, SearchPotomacHomes.com
(Washington Fine Properties - Washington DC Area Real Estate)
ROCKVILLE, MD: MARKET REPORT FOR LUXBERRY COURTS Luxberry Courts is a jewel of a neighborhood in Rockville, MD. It is comprised of 100+ contemporary patio garage condos. This is the only condo development of its kind in close in Rockville, MD (also referred to as N. Bethesda) where you get a garage both attached and non-attached. The following is a snapshot of the market in Luxberry Courts since the beginning of the year. ACTIVE LISTINGS (0): There are no active listings on the market. UNDER CONTRACT (1): There is one condo under contract in Luxberry Courts. It is located at 5705 Balsam Grove Court. It was listed at $474,999 and was on the market for 49 days. The model is called the Monterey. All Montereys in the community have detached garages. It is a great plan - 2 bedrooms, 2 full b...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Foreclosures for CONDOS in Grosvenor Rockville Maryland All Condos in Rockville by the Metro! Find Rockville Condos foreclosures- use our helpful listings search tools to find foreclosed homes for sale in Rockville  Maryland. You can view real estate listing photos of foreclosed properties, pre-foreclosures and bank owned properties. You can also information about short sales and HUD Properties. Whether you are looking for a foreclosure property or other properties for sale, or curious about your current home value, our Rockville  Maryland real estate snapshot shows the latest market trends. By clicking on the door knob, you will have access to the latest Rockville  MD condos in the area. . this list is updated several times per day. Our list of  CONDO FORECLOSURES for Rockville  in Mon...
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By Ron Trzcinski, 410-935-5844
(410-935-5844 Office)
Government As A Partner The Greater Washington DC Region, which includes Northern Virginia and large parts of Maryland, is almost recession proof.  This is primarily because of the jobs created by the Federal Government.  These high level positions have brought some of the most educated and skilled personnel to the area.  It has also helped to propel some of the local universities to the forefront in research.  However, it should not stop with just the Federal jobs.  The assets in the region should be used to spur innovation in the private industry.  The article below stresses this as a direction for the various entities to pursue. ---------------------------------------------- Government is no barrier to D.C. becoming a leader in innovation By George Vradenburg and Herb MillerMonday, A...
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Homes For Sale In Rockville, MD - Foreclosures, Trustee Sales - Harvey West Auctioneers Harvey West, Auctioneers conducts trustee sales at the county court house entrance. Trustee sales real estate auctions are open to the public and all qualified bidders. These sales are foreclosures by the secured mortgage lenders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  The required deposits must be in the form of cash or certified funds. Most of the bidders use cashier's checks that are payable to themselves and endorse the checks when they are successful. Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not condition...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Foreclosures for CONDOS in Rockville Maryland What is a REO CONDO?  It is a condo that became "Real Estate Owned" by a bank that foreclosed on the property. Condos are properties that have been foreclosed in Rockville Maryland are now in the possession of the lender. These condos are listed with Realtors and marketed just like any other property. Anyone can make an offer and it is now available to the public. By clicking on the door knob, you will have access to the latest Rockville MD condos in the area. . this list is updated several times per day. Our list of  CONDO FORECLOSURES for Rockville in Montgomery County are FREE Open the door now. . . no strings attached! The Latest CONDO Foreclosures for Rockville Maryland If you are 3 months from purchasing , please contact us and ask for...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Foreclosures in Rockville Maryland Our personal mission is to bring to you a level of knowledge, experience, commitment, high standards and results to answer your housing needs. We believe, the most effective way to provide superior service is to build a strong working relationship with you. Our systems includes regular consultations and feedback, which is the best tool for identifying and clarifying your housing objectives and help define strategic solutions, full access to all of our Foreclosure Lists subscriptions, complete and detailed community reports for any specific neighborhood and just remember. . . . our list of FORECLOSURES for Rockville in Montgomery County are FREE Open the door now. . . no strings attached! The Latest Foreclosures for Rockville Maryland If you are 3 month...
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By Nick Pakulla, Nick Pakulla Mortgage Team, Lender in MD DC VA
(Nick Pakulla Mortgage Team Maryland, Virginia, District of Columbia)
It baffles me the numbers of agents I talk with that are nervous about the possibility for a settlement to be delayed, even after the LO knows when the settlement date is, and agrees to do the loan.  In my opinion, ALWAYS closing the loan on time is the number one most important goal for any loan officer!    When seeking a mortgage, you don't want clients to be stuck in-between two homes having to stay in a hotel for a week because your loan package has been delayed.  Or even worse the deal falls through... The hardest part about trying to gain a Real Estate Agent’s trust and business really seems to be that they already have something that they know works most of the time, although it may not be the best, and they are hesitant to try something new.  aka: Why fix it if it isn't broken? ...
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