Potomac Maryland Real Estate - Colleen Barlow, Realtor

Although I make my living buying & selling homes, I consider giving back to the community to be a very important aspect of my life.  Since so many homes are now selling for less than their assessed value here in Potomac and all of Montgomery County, Maryland; many homeowners are choosing to appea...

Just in case you're overwhelmed by the plethora of incoming news, I want to be certain that everyone knows this:If you live in Montgomery County, MD you get a fairly big discount or credit on your property taxes if you claim the home you live in as your residence or "homestead".  Up until recentl...

I'm pondering and researching tax assessment values vs. sale prices of homes recently sold in Potomac today.  I've got a beautiful home listed at $789K*.  It's 2008 tax assessment value is $871K.  It's been on the market about 27 days now.  We've had LOTS of showings, and I expect that it will be...

The Federal Housing Authority (FHA), Fannie Mae (FNMA) and Freddie Mac (Federal Home Loan Mortgage Corporation - FHLMC) have set a new loan limit for Montgomery County, Maryland of $729,750. This came about as part of the Economic Stimulus Package of 2008.So what does this mean to you?  If you're...

It's amazing how many people (i.e. potential buyers) are out looking at homes now (2/11/2008).  This past weekend, I went to show one of my new listings at 802 Twin Oaks Drive in Potomac to a couple who called me from an internet ad.  When I got to the home, there were 2 agents in the home alread...

Per the MRIS MLS (our regional MLS system), the average sales price of homes in Potomac, Maryland increased 3.49% from December 2006 to December 2007.  The media certainly is not focusing on this positive aspect of our local real estate scene.  With interest rates so low, it's truly a great time ...