Gaithersburg, MD Real Estate News

By Roy Kelley
(Realty Group Referrals)
GAITHERSBURG MD 20877 REAL ESTATE TREND INDICATOR   If you are planning to purchase or sell a home in ZIP CODE 20877, you will want to know the trends of the market. The following report is for the past month and the statistics are compared with the same month last year. There were 182 active listings on the multiple listings service (MRIS).  During the month, there were 39 new listings and 55 went to pending new contracts. The sold dollar volume was up 4.10% from last year.  The number of homes sold was 27 from 21 last year. The average days on the market was 149 days from 140 days last year.  The average sale price was 84.27% of the average list price.  The median sold price was $203,000.  The market is still soft which means that it favors buyers.  Foreclosures and short sales listin...
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Recession Gardens are back in style again and are becoming popular through out the country. In the last few months I have seen more than one article referencing the phenomenon and its revival throughout our country.  They require hard work and the effort of the community but the pay off is well worth it. Locals are joining together to "clear" vacant lots in their community of trash and debris and then planting vegetable gardens for each one of the members/families that helped to clear the lots. By pooling their resources of time , manual labor and money the benefits for the many outweigh the benefit to any one member. We all know that seeds , some fresh dirt and fertilizer is not expensive , but what do you do with 142 green bean plants. Why you share them of course ! Recently there wa...
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GAITHERSBURG, MD 20878, KENTLANDS, LAKELANDS, NORTH POTOMAC ZIP CODE STATISTICS   Since we live in Kentlands and do a lot of business in zip code 20878, the real estate statistics in this area have a high level of personal interest. There were 290 home listed for sale on MRIS during the past month. 106 new listings were added to the inventory and 78 properties went to pending contracts. Only 35 went to settlement during the month as compared with 56 settlements during the same month last year. The sold dollar volume was down 47.70% from last year. The average sold price was $432,454 and the median sold price was $390,000, down 19.25% from last year. The average days on the market was 119 as compared to 98 last year. The average sale price was 90.21% of the average list price. Home selle...
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By Roy Kelley
(Realty Group Referrals)
SHOULD KENTLANDS ROOF STANDARDS BE CHANGED? The Kentlands Board of Trustees has heard proposals to address new materials and the aging community. The roofs are getting old and the cedar shakes require a lot of expensive maintenance. Is it time to introduce new roof products. If you have input on this question, send a note to the club house or attend one of the community sessions. Don't forget the May happy hour on Friday May 15 from 5 PM to 8 PM. Please RSVP to
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The below listed 20877 Gaithersburg neighborhoods in Montgomery County, Maryland show all their active listings for sale and rent in the MRIS as of today.  This is a keyword search, and sometimes you will also see homes listed from other areas.  Whenever you check back you will be updated with the latest listings, as this info is updated daily.  AUDUBON SQUARE BRIGHTON EAST BROWNS BROWNS ADDITION CAROLANN COURT CEDAR VILLAGE CHESTNUT COURT COMPRINT PROF PK DEER PARK DEER PARK OFFI CE CENTRE EMORY GROVE HILLS EMORY GROVE PARK EMORY WOODS FIRESIDE FLOWER HILL FOXWOOD GAITHERSBURG GAITHERSBURG OUTSIDE GAITHERSBURG TOWN GATEWAY COMMONS HAMLET NORTH HIDDEN CREEK KRA BAR GARDENS LAYTONIA LAYTONIA TOWNHOUSES LAYTONSVILLE OUTSIDE LILAC GARDENS MEEMS MINERAL SPRING VILLAGE MINERAL SPRINGS VILL T...
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The below listed 20879 Gaithersburg neighborhoods in Montgomery County, Maryland show all their active listings for sale and rent in the MRIS as of today.  This is a keyword search, and sometimes you will also see homes listed from other areas.  Whenever you check back you will be updated with the latest listings, as this info is updated daily.  AUDUBON SQUARE BRIGHTON EAST BROWNS BROWNS ADDITION CAROLANN COURT CEDAR VILLAGE CHESTNUT COURT COMPRINT PROF PK DEER PARK DEER PARK OFFI CE CENTRE EMORY GROVE HILLS EMORY GROVE PARK EMORY WOODS FIRESIDE FLOWER HILL FOXWOOD GAITHERSBURG GAITHERSBURG OUTSIDE GAITHERSBURG TOWN GATEWAY COMMONS HAMLET NORTH HIDDEN CREEK KRA BAR GARDENS LAYTONIA LAYTONIA TOWNHOUSES LAYTONSVILLE OUTSIDE LILAC GARDENS MEEMS MINERAL SPRING VILLAGE MINERAL SPRINGS VILL T...
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The below listed 20882 Gaithersburg neighborhoods in Montgomery County, Maryland show all their active listings for sale and rent in the MRIS as of today.  This is a keyword search, and sometimes you will also see homes listed from other areas.  Whenever you check back you will be updated with the latest listings, as this info is updated daily.  BROOK HOLLOW BROOKE GRIVE BROOKE GROVE BROOKEFIELD BURNHAM HILLS DAMASCUS OUTSIDE ETCHINSON ESTATES ETCHISON FAIRHILL FERTILE MEADOWS FOXLAIR ACRES GOLF ESTATES GORGEOUS COUNTRY GORGEOUS PIECE OF PROPERTY GORGOEUS PROPERTY GOSHEN ESTATES GOSHEN HUNT HILLS GREENHILLS FARM GRIFFITH ESTATES GRIFFITHS CHANCE JANWOOD LAND OF GOSHEN LAYTONSVILL OUTSIDE LAYTONSVILLE LAYTONSVILLE KNOLLS LAYTONSVILLE OUTSIDE LAYTONSVILLE TOWN N/A NONE OVERLOOK HILLS PT O...
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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 Gaithersburg MD Find More for Less with Homes in Foreclosure in Gaithersburg Maryland . .  Consider the use of a FORECLOSURE LOCATOR You can always find bargains when you buy a home as a foreclosure in Gaithersburg MD. . but to really maximize your savings buying homes in foreclosure you should use an expert FORECLOSURE LOCATOR . . .that way you will MAXIMIZE your choices assuring yourself of a great BARGAIN.                         "EXPERIENCE THE NEW WAVE OF REAL ESTATE " Need help now locating a home in Gaithersburg  Maryland? . call us 240-426-5754 WE KNOW WHERE THE BARGAINS ARE. . .     Need immediate help? Call 240.426.5754 right now! Fernando@ReallyNiceHomes.com For Sale | Frederick Condos For Sale | Urbana Homes For Sale | Frederick Homes For Sale | Any Germa...
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We are seeing a resurgence of First-Time Homebuyers in our local market place in Maryland. Many are seizing the opportunity to purchase their first home within walking distance of a metro station or a short bicycle ride from the current workplace. Many of this Post-war homes in the area may need some minor updates to accommodate today's consumer. This is a perfect use of the FHA 203K Streamline loan to give an existinghome a modern update. Whether it is NEW flooring or appliances, some drywall repairs and paint , or electrical, mechanical and/or plumbing updates this is the perfect fit for the perfect house that needs a little TLC. The "203K Streamline" guidelines are fairly simple and are as follows: Renovations not to exceed $35,000. Homeowner must qualify for basic loan + renovation...
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By Tim Marose, Maryland Buyer & Refinance Specialist
(Primary Residential Mortgage Inc.)
The mortgage industry has gone through several changes in the last few years.   The ability to refinance your home loan has become increasingly difficult, and lenders are requiring borrowers to jump through more hoops than ever.   Many homeowners are trying to take advantage of historically low interest rates, but have been surprised by the numerous changes that have taken place and the high qualification standards.   There are a few things you should know prior to calling your mortgage broker. You now need to have a very high credit score in order to qualify for a mortgage refinance.   In years past, it seemed that a pulse and the ability to fog up a mirror where the only requirements for refinancing.   Now, almost every lender requires a minimum of a 620 Fico score, and many require a...
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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 Gaithersburg Maryland" Foreclosure Locator For Gaithersburg Md We know where the BEST BARGAINS ARE in Gaithersburg Maryland   Many people do not realize they need representation when buying a home!  When you call the agent on the lawn sign, are you aware they represent and have a fiduciary relationship with the seller?  In other words, The agent has an obligation to MAKE YOU PAY AS MUCH AS POSSIBLE for THAT HOME. Because he/she represents the seller ONLY. Look at it this other way. . if you were going to trial, would you hire the same attorney as your opponent? Herboso & Associates has buyer specialists who will exclusively represent you and the best part is that it is FREE!  That's right.  You are represented at no cost to you (buyer specialists are paid by the seller)...
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By Roy Kelley
(Realty Group Referrals)
SPRING YARD MAINTENANCE When the weather turns warm, we start to think about the appearance of our lawns and gardens in Kentlands. We found a landscaper at a home show in Frederick County. For the past two days, Bear Enterprises has been upgrading our yard and we are very happy with the results. If you need assistance with your yard work, we recommend Barry Panik, Jr. at Bear Enterprises, 301-663-5938. He is a nice guy and will give you good advice. His firm services properties in Frederick County and Montgomery County, Maryland. Community service post by roykelley@mris.com  
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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 )
Foreclosure Listings for Gaithersburg Maryland" Pre-Foreclosures Properties for Gaithersburg  Maryland This is a sample of our reports when you subscribe FREE to our foreclosures lists.. .(directly from court public records) www.Herboso.com Property 1 of 35  Foreclosure Stage Preforeclosure Tax ID 09-02016644 Address 8 Watch Hill Ct Property City Gaithersburg Zip Code 20878 Subdivision Washingtonian Village Foreclosure Recording Date 02/13/2009 Posted Date 01/27/2009 Mortgage Type ADJ     Are you looking for a bargain in Gaithersburg? . .we know where they are!. .call us 240-426-5754 Property 2 of 35  Foreclosure Stage Preforeclosure Tax ID 09-03326141 Address 1339 Main St Property City Gaithersburg Zip Code 20878 Subdivision Lakelands Foreclosure Recording Date 02/19/2009 Posted Date ...
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The below Gaithersburg, Maryland properties shown are all the active listings in the MRIS as of today.  Whenever you check back you will be updated with the latest listings, as this info is updated daily. Gaithersburg MD condos for sale Gaithersburg MD townhomes Gaithersburg single family houses   These Montgomery County MD homes for sale are all over Gaithersburg including Brookefield - Avalon Farm - Hamlet North - Sharon Woods - Summer Ridge - Hyde Park - Willow Wood - Green Farm Park - Emory Grove - Flower Hill - Meadowvale - Carriage Walk - Montgomery Meadows - Washington Grove - Emory Grove Park - Oakmont Manor - Observatory Heights - Seneca Whetstone Run -  Middlebrook Hill - Hunters Woods - Charlene townhomes - Edinburgh - Hadley Farms - Browns - Gateway Commons - Mineral Spring ...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
Seems I have been green longer than I care to admit.  Ever since I was a kid, like 40, there I said it, years ago.  My mom is from Germany and they have always recycled and reused as part of their culture for years before we showed up.  We never wasted anything, brown grocery bags, they were our trash bag, when they changed to the plastic kind, ditto. If we ever got food in those plastic containers, we reused them to save leftovers.  We always found at least a second use for everything.  Thanks Mom, who knew you were so cool?? We had those grocery bags that you took to the grocery store way back when.  However, when I went to the grocery store we would never use them back then, they weren't so cool.  None of my friends did it , you know what I am talking about.  Now it is the THE thing....
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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 )
Short Sales, Foreclosures in Gaithersburg MD, Foreclosure Hunter for Gaithersburg Maryland"  Foreclosures for Gaithersburg Maryland ! The Internet is causing a massive sea change in the real estate foreclosure business. We know that buyers have the ability to find any home for sale with no Realtor help. .  What separates us from the rest is that we create a specific list of foreclosures for you in Gaithersburg Maryland where we specialize. we have the latest foreclosures and pre-foreclosures and it  just happens we excel at finding bargain properties anywhere in Maryland . . specially in Gaithersburg Maryland  We have foreclosures even in the  Kentlands. .  Gaithersburg is a very diverse community located just in the heart  of Montgomery County, Maryland. It is the third largest incorp...
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By Roy Kelley
(Realty Group Referrals)
UPPER MONTGOMERY COUNTY MD HOME PRICES DOWN This chart shows the median prices on homes sold in Upper Montgomery County Maryland from March 2008 through March of this year. The overall trend has been down and March median prices are 20% below the prices last year. The good news is that median prices during March were up from January and February. The agents in our office at RE/MAX Realty Group are experiencing a significant increase home purchase activity. Much of the activity relates to short sales listings of financially distressed home owners and major activity in the inventory of lender owned homes. Individual homes owners that are not compelled to sell are waiting for a stronger market before listing their homes for sale. It is difficult for individual owners to compete with the pr...
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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 )
html> Bank Owned Properties in MD. . "Foreclosures listings in MD" Foreclosures LISTINGS for Maryland ! Welcome to HERBOSO.com, the number one real estate property listings service exclusively for first time home buyers, investment and bargain property hunters.  Whether you're looking for just a place to live, a rent with option to buy. . wholesale property for repair and flip, fixer upper homes at various levels, handyman specials for the week-end handy man, foreclosure listings for all Maryland, pre-foreclosures more commonly know as short sales, or just simply looking for  bargain properties listed way under market value.         you've come to the right place.                         Foreclosures Listings for Maryland Here If you have a more specific request. .  .check our  Free For...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
I was asked by the Montgomery County Maryland Women's Council of REALTORS® to give a presentation about what I have learned about social networking in the last couple of years.  I was honored to be asked and so I went last Wednesday to see the members of WCR I put my presentation together, keeping it simple for myself and for the members to not be overwhelmed by the massive amount of information that goes along with social networking.   I thought Blogs, Social Networks and Micro-blogging would be the a good place to start. I am  far from being and über geek or any kind of expert, but I have taken many classes over the last year, and still do now, to learn about this ever evolving way of doing business. I put my presentation together, simple and what I hoped would be clear for the member...
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
This Impressive Kentlands Gatehouse Property with almost 5600 Total Square Feet was originally listed for $860,000 Just Dropped to $725,000 At this price the contracts will start to fly. I represent my buyers as their exclusive Agent ... if you are interested in one of the many bank owned properties NOW LISTED for sale ... I would be glad to help.  rick.boothe@longandfoster.com 301-793-6796  
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