ARCHIVED BLOG POSTS

2008 

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03/25/2008
 Today's Wall Street JournalFederal officials say a wave of opportunistic scams are targeting homeowners trying to avoid foreclosure in the current housing downturn. Monday, prosecutors in California unsealed twin cases against 19 people who, according to agents from the Federal Bureau of Investi...
03/25/2008
  From today's Wall Street Journal: Foreclosures are occurring at the highest rate in decades -- and as a result, lenders are acquiring homes faster than they can sell them off. As of the end of last year, about 2% of all home loans were in foreclosure, or double the average rate over the past 28...
03/25/2008
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03/25/2008
Today's Washington Post quotes the chief economist of NAR as saying that sales have been down in the Washington area but that the region is relatively recession-proof and some people have been willing to keep their unsold homes on the market longer, confident they will eventually get an acceptabl...
03/25/2008
Roy Kelley | RE/MAX Realty Group | 301-670-8996 12110 Skip Jack Drive, Germantown, MD 3 Bdrm Single Family House offered at $324,900 Year Built 1989 Sq Footage 1,208 Bedrooms 3 Bathrooms 2 full, 1 partial Floors 3 Parking 1 Car garage Lot Size 1,840 sqft HOA/Maint $55 per month DESCRIPTION Wonde...
03/25/2008
The Frederick News Post reports today that home sales are still lagging in Carroll County, MD.      The following report shows the average sales price as a percentage of the average list price as 88.63%.  The average days on the market was 148.  The total number of homes sold was down 39.13% from...
03/25/2008
The Frederick News Post reports today that home sales are still lagging in the Washington County.  The article states that home sales were down 42.8 percent in February as compared to the previous year.   The following report shows the average sales price as a percentage of the average list price...
03/25/2008
The Frederick News Post reports today that home sales are still lagging in the county. "According to the Maryland Association of REALTORS, February sales in Frederick County of both new and existing homes were down 40.9 percent compared to a year earlier."   The following report shows that the av...
03/25/2008
This is the recent list of REO homes in Frederick that we provided for our clients. The large number of lender owned homes presents a wonderful time for purchase opportunities. Roy    LENDER OWNED FORECLOSURES, FREDERICK  COUNTY, MD  (Rev. 3/20/08) (Contact us for further price reductions)   We h...
03/24/2008