Gaithersburg, MD Real Estate News

By Meyer Leibovitch, REALTOR Boyds, MD
(RE/MAX Elite Services, Nurit Coombe Team)
Meyer Leibovitch | RE/MAX Realty Group | 301-674-5227 561 Helene Street, Gaithersburg, MD Lakelands Dreamhouse! 3BR/2.5BA Single Family House offered at $565,000 Year Built 2002 Sq Footage 2,160 Bedrooms 3 Bathrooms 2 full, 1 partial Floors Unspecified Parking 2 Car garage Lot Size 2,000 sqft HOA/Maint $78 per month DESCRIPTION This is that special house that you have been waiting for since you started looking! Custom designer floors, faux painting, decorator colors, spectacularly upgraded carpet and that's just the beginning. The current owners are in the flooring business and spared no expense on the designer flooring including 4" hardwood floors, amazing distressed look ceramic tile in the kitchen, woven carpet on the stairs, and uprgrade carpet throughout the second and third floor...
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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 )
Relocating To Gaithersburg Maryland? -  Help for MD Relocation-  Information and Guide/Package  for Gaithersburg Maryland Tips to Help Your Move to Beautiful Maryland Relocating your family has to be a major change on your life and it is important that you find the right support to help you with your move. The questions can be indeed overwhelming.  How can I find a family neighborhood that makes my family feel at home?  Where are the best communities?  Where is the best shopping?  Which schools offer an environment where my child will flourish?  What should I expect to pay for a comparable home in my new home in Maryland? Where could my spouse have potential employment? These concerns merely scratch the surface of the questions that face a family when considering such a big move.  Herb...
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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 )
GAITHERSBURG HOMES IN MARYLANDGaithersburg MD REAL ESTATE Thank you for selecting our resources to find some of the best GaithersburgREAL ESTATE values today!It is our desire to serve you exceptionally well, as you search for aForeclosures,Fixer-Upper Properties , Distressed Properties in GaithersburgMaryland SAVE THOUSANDS BUYING FORECLOSURESN !!SEE A SAMPLE OF OUR FREE MLS HOME SEARCHCLICK HEREWE ARE THE #1 PLACE in Gaithersburg LISTINGS If you would like to see some of the properties in person, We will be happy to set a time to g et together to show you any of the properties for sale in Gaithersburg . We sincerely appreciate the opportunity to be your trusted real estate investment advisor and resource. Please feel free to contact us by calling 240-426-5754we know FORECLOSURES!!! We ...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
Metropolitan Regional Information Systems, Inc.   ZIP Code Statistics - <$100K to >$5M Format ZIP Code: 20878 Gaithersburg, MD From: 06/01/2008 to 06/30/2008                Statistics generated on: 07/08/2008   ResidentialUnit SalesNumber of Bedrooms Active Listings   Time on Market Price Class 2 Or Less   3 4  or More   CondoCoop GroundRent Residential   CondoCoop GroundRent of Units Sold(No. of Units) Under $100,000 0 0 0 0 0 0 0 0 1 -30 Days 15 $100,000 - 149,999 0 0 0 0 0 0 7 0 31-60 Days 19 $150,000 - 199,999 0 0 0 1 0 0 20 0 61 - 90 Days 10 $200,000 - 249,999 0 0 0 3 0 8 15 0 91-120 Days 3 $250,000 - 299,999 0 2 0 0 0 27 14 0 Over 120 Days 8 $300,000 - 349,999 0 6 0 3 0 27 8 0 Total 55 $350,000 - 399,999 0 3 1 2 0 29 11 0   $400,000 - 449,999 0 1 0 2 0 16 6 0 Type of Financingof U...
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 REO PRICE REDUCTION AT HIDDEN CREEK, GAITHERSBURG Mortgage lenders are anxious to reduce their inventory of lender owned foreclosures.  REO prices are reduced until the homes are sold.  All of the properties must be sold. This home was purchased new from NVR in 2006 for $423,090.  It is now available at $324,900.  Yes, you may ask for seller assistance with the closing costs. Many buyers are now using FHA financing for the low cash requirement of 3%. Recent action by the White House made FHA more attractive for financing the purchase of lender owned foreclosures. If desired, buyers may obtain additional funds for fix up and decoration. Ask us for a referral to a loan officer. We represent buyers as their exclusive agents. Check with us if you wish to receive reports on lender owned hom...
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By Tim Marose, Maryland Buyer & Refinance Specialist
(Primary Residential Mortgage Inc.)
In the past year, I have tried it all.   I have spent thousands upon thousands of dollars on various lead sources and marketing efforts.   Some were decent while others were just a waste of money.   There were a few things I learned throughout the process, and thought I would share them with you in my first ever blog. Internet lead services promise you the world.   I have dealt with 4 separate ones within the last year.   The sales rep tells you just how easy it is.  “Prospects go online looking for a mortgage.   They supply everything but date of birth and social.   You will know exactly how much they owe, the interest rate, the value of the home, the bedrooms, baths, when they purchased, etc.   You get the lead real time and call them and take an application.   If you have a program f...
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By Bob Myers, Montgomery County MD Real Estate
(Re/Max Realty Services)
Zip code 20879 includes the Gaithersburg neighborhoods of Flower Hill, Goshen, Hadley Farms, Hunters Woods, Montgomery Meadows, Quail Valley and Woodland Hills.  Home sale activity in June 2008 in this area has increased compared to June 2007 by 25%, but the average home price is almost 6% lower compared to this same time in 2007: from $340,650 in '07 to $320,575 in '08. Only 24 properties sold in June 2008 in this zip code - 7 condos and 17 single families/townhomes.  22 contracts were placed on homes in 20879 in June 08, and there were 60 new listings that came on the market for a total of 250 active listings. The average days on market is above the county average: 132 days for zip 20879 vs 97 for Montgomery County MD as a whole. To see all zip code statistics, click here for Gaithers...
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By Bob Myers, Montgomery County MD Real Estate
(Re/Max Realty Services)
The June 2008 numbers for home sales in Gaithersburg and North Potomac MD are down compared to June 2007 in zip code 20878.  Total dollar volume of home sales decreased by 36% compared to 2007.  There were 12 condos and 43 townhomes/single family homes sold in June, with 57 properties that went under contract.  84 condos came on the market and 281 residential homes came up for sale in this month.  The average days on market  was 85, compared to 87 days for Montgomery County MD overall.  The average sold price was $524,480, which is a 7% decline compared to June 2007.  Overall in Montgomery County, the average sold price declined 4% compared to the same month.  This zip code includes North Potomac and parts of Darnestown plus the neighborhoods of Diamond Farms, Kentlands, Lakelands, Quin...
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By Bob Myers, Montgomery County MD Real Estate
(Re/Max Realty Services)
The June 2008 statistics on the real estate market in zip code 20877 shows a slightly slower market than in May.  Twenty homes sold in May, compared to 18 in June.  The average sold price among these properties did go up slightly, however, and there was an equal number of new contracts: 27.  Here's how this section of Gaithersburg compared to Montgomery County Maryland as a whole:   In June 08 the average sale price in 20877 was $335,938, down from $392,844 in June 07, a decrease of 14.5%.  Montgomery County MD, by comparison, had a downturn of 4.15% in the average sold price of a home. Zip Code 20877 includes areas bordered by 270, north to Lakeforest Mall, east to Washington Grove and includes Audubon Square, Brighton East, Deer Park, Emory Grove, Foxwood, Hidden Creek, Mill Creek, Mi...
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