Foreclosed, Distressed and Short Sales

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Real Estate Agent - Remax Excellence - Silver Spring, MD - Maryland #318884
Down payments on homes for sale in Silver Spring, MD have fallen to a three-year low.  Currently, the median down payment is 9 percent for first-time home buyers.  As low as this figure is, it's still much higher than it was during the housing boom when about half of all first-time buyers made no...
The National Association of Realtors is predicting continued home value increases based on current market trends of low inventory, high demand, and reduced foreclosure activity.  In addition, real estate economists also anticipate residential rental rates to rise over the next few years due in pa...
Freddie Mac posted a $2.9 billion profit for the third quarter of 2012, a huge improvement from the $4.4 billion loss posted one year ago.  This is the second consecutive quarter that Freddie has not required any extra bailout money from the US government. As foreclosures drop, home prices stabil...
Looking for fun this weekend?  Here’s a list of events in Montgomery County, MD that just about everyone can enjoy!   WinterGlow 2012 Art Show & Sale When:  November 9       Where:  Art League of Germantown at 12901 Town Commons Drive, Germantown, MD 20874 What:  40 artists will showcase fine con...
Since the beginning of the housing crisis, millions of homeowners have found themselves pinned in by their financial circumstances and chained to a mortgage on which they owe more than their home is worth. In the past, homeowners enduring these challenges had very few options, and most would be f...
If you're planning to search homes in Silver Spring, MD during the fall and winter months, be prepared to encounter unique challenges and opportunities alike.  Challenges There will be significantly less inventory to choose from, so it may take longer to find your "dream home."  Lower inventory g...
If you are in the business of real estate investing, you are probably familiar with the mantra:  location, location, location.  You can change the color of the walls, the interior furnishings...even a home's layout, but you cannot change the location. A home's proximity to reputable schools, shop...
On October 29, Silver Spring, MD homes were struck by Superstorm Sandy – previously a category 1 hurricane.  Sandy was the largest Atlantic hurricane in recorded history, with a wind span stretching over 1,000 miles.  It is expected that $5 billion to $10 billion in insurance claims will be filed...
It's hard to believe that November is already here, but with it comes events in Montgomery County, MD that showcase an appreciation for the arts.  Continue Reading for the Full List of Events
The Center for Responsible Lending released a report last week titled, "Collateral Damage:  The Spillover Cost of Foreclosures."  This report gives valuable insight on the effect a foreclosure has, not just on a homeowner, but on a community as well. ·         Between 2007 and 2011, 10.9 million ...

Emcee M. Arah

Realtor w/Architectural Dimension, AHWD CRS B-Arch
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