Gaithersburg, MD Real Estate News

By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
I represent My Buyer clients as their exclusive agent. We are in the midst of an unprecedented buyers market. Banks are burdened with large inventories of homes that must be sold. Contact me to help you take advantage of these opportunities. rick.boothe@longandfoster.com    301-793-6796 374 HART RD, GAITHERSBURG, MD 20878 List Price: $599,000 4 Bedroom , 4 ½ Bath Luxury Colonial Kentlands Midtown Townhouse Desirable Kentlands Parkwood TH, 4 bedroom. 4.5 bath, Hrdwd floors,10ft ceilings, Gourmet Kitchen with island,3rd floor owners suite with deck+awning, deck off kitchen + patio1 frplc in LL. den.detached 2 car garage Listing courtesy of Rosselle Realty Services 108 LAKE ST, GAITHERSBURG, MD 20878 List Price: $860,000 4 Bedroom , 4 ½ Bath Kentlands Gatehouse BANK OWNED*** BEST PRICE IN...
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By Meyer Leibovitch, REALTOR Boyds, MD
(RE/MAX Elite Services, Nurit Coombe Team)
I have been trying to gather as much information about Fannie Mae's new approach to the pre-foreclosure market.   A lot of the 3 and 5 year ARM's that were so popular that many years back are poised to convert and it's going to be the straw that breaks the camel's back for even more homeowners. Fannie Mae, Freddie Mac and Countrywide launched a beta program in Orlando, Florida and Phoenix, Arizona actually setting short sale prices, pro-actively and allowing eligible sellers the opportunity to avoid foreclosure. I haven't heard how they will set the prices, but an appraisal and a BPO would probably be a good place to start. If the program extends the time the defaulters are able to stay in their homes until it sells, there could be a huge advantage to everyone. The properties may suffer...
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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 Fernando, I need to find a cheap home in Gaithersburg Maryland Can you help me? Ms Future Client:It was very nice speaking with you today. As promised, I would like to initially send you a few properties that may interest you. . www.HERBOSO.comI will also like to invite you to sign up for an updated list of foreclosures in Gaithersburg Maryland HEREPlease know that, we will be glad to help you find just the right property for you if you would gives us teh consideration to work on your behalf.Would you be available this Saturday to go and preview some of these properties?Please let me know and I will be glad to arrange it for you.Sincerely, Fernando ( my direct number is 240-426-5754) Fernando HerbosoHerboso & Associates Broker "Working with us it's...
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By Rob & Jeannie Steward - Realtors®, We Work TWICE As Hard For You! - Ashton Group
(RE/MAX Advantage)
YOU’RE INVITED!   Come And Find Out... What’s happening with today’s real estate market. Available financing options. How Weichert simplifies the home buying process. Free Home Buying Seminar ~ Thursday February 19th ~ 7:PM to 8:PM 20400 Observation Drive - Suite 200, Germantown, MD. 20876   Topics discussed: Process of buying a home ~ Current Market Statistics & Trends ~ Benefits of using a Buyers Agent ~ Benefits of Loan Pre-approval ~ Benefits of Owning vs Renting ~ First Time Home Buyers Benefits, Incentives & Special Loan Programs ~ New Tax Credit For Home Buyers (Up To $7500)   Our Weichert Financial Gold Services Manager Will Be Available To Answer Any Questions.   Useful information for the experienced buyer and first time homebuyer. Light food and beverage served! Please call ...
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By Roy Kelley
(Realty Group Referrals)
GAITHERSBURG BLOOD DONORS NEEDED Gaithersburg, MD. The City of Gaithersburg, nonprofit organizations and Inova Blood Donor services invites the entire community to explore ways to help others this holiday season at the City of Gaithersburg Giving Fair and Blood Drive on Tuesday, December 30, 2008 from 2 to 7 p.m. at Casey Community Center, 810 S. Frederick Ave. The Giving Fair will feature a variety of nonprofit organizations that will be on hand to share information and resources on a wide range of services. The end of the year is the perfect time to consider a tax deductible charitable contribution, but there are countless other needs that could benefit from your time and talent as well. Explore how you can get involved and make a difference in your community. The need for blood reach...
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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 )
Key Realty Group in Gaithersburg MarylandThis is an invitation to a class sponsored by Key Realty Group in Gaithesburg MDWhat?  Lead Generation using the InternetWhere? at 910 Clopper Road, Suite 210N, Gaithersburg, MarylandWhen ?   Tuesday at 6:30 PM EXAMPLE:  To see a list of all FORECLOSED HOMES in Montgomery County SIGN UP HERE Foreclosures in Montgomery CountyInstructor: Fernando Herboso from Choice Real Estate. All are invited!!!Fernando Herboso Herboso & AssociatesRealtor/ConsultantsCHOICE REAL ESTATE"Working with us it's not an OBLIGATION. .it's a choice" Phone: (301) 881-8900 Cell: (240)426-5754www.ReallyNiceHomes.com
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GAITHERSBURG/KENTLANDS/LAKELANDS, MARYLAND REAL ESTATE TREND INDICATOR, ZIP CODE 20878      If you are thinking about buying or selling a home in zip code 20878, you should take a close look at the following report that compares the statistics for November with the same month last year. There were 48 new listings in the area and 46 listings went to pending new contracts. There were 27 actual settlements as compared to 40 homes sold last year. The total sold dollar volume was down 43.38%. The average number of days on the market was down to 97 from 108 days last year.  The average sale price was 90.53% of the average list price.  What does this mean?  It is still a soft market which favors buyers.  Buyers have the largest selection and the lowest prices that have been available for sever...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
 Every year my office, RE/MAX Realty Group in Gaithersburg, Maryland supports our community in some way.  In past years we have helped the Salvation Army Angel Tree Kids to help make the holidays better for others.  I was always amazed at the support and generosity that the agents in my office showed for those in need. This year we did a Food Drive for the Maryland Food Bank.  Kara Hurley, who is part of our office staff.  Kara organizes all of our community drives, social and educational activities.  Kara is a driving force to our success with the food drive.  Besides that, she is the cutest thing you could ever know.  Each agent was asked to send out postcards to folks in our SOI and other networks we were involved with in order to meet our goal of 500 lbs of food for the Maryland Foo...
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By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
GAITHERSBURG MD REAL ESTATE FOR SALE IS PRICED FROM ABOUT 11% TO 25% LOWER IN 2008 THAN HOMES SOLD IN OCTOBER 2007.  Many of the homes sold were bank owned and short sales.  SOLD INFORMATION BELOW SHOWS THE PRICE REDUCTIONS FOR HOMES THROUGHOUT GAITHERSBURG, A VERY POPULAR TOWN IN MONTGOMERY COUNTY, MARYLAND.  See map below. 20886 Average SOLD Price - October, 2008 - $245,793. Average SOLD Price - October, 2007 - $325,320. Average SOLD Price - October, 2007 - October, 2008 - DOWN 24.45%. 20877 Average SOLD Price - October, 2008 - $266,806. Average SOLD Price - October, 2007 - $340,806. Average SOLD Price - October, 2007 - October, 2008 - DOWN 21.55%. 20879 Average SOLD Price - October, 2008 - $274,667. Average SOLD Price - October, 2007 - $318,484. Average SOLD Price - October, 2007 - ...
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By Roy Kelley
(Realty Group Referrals)
REO - DAMASCUS AREA - GAITHERSBURG, MARYLAND - MONTGOMERY COUNTY COUNTRYWIDE RELISTS HOME THAT FAILED TO SELL AT AUCTION 25004 Johnson Farm Road, Gaithersburg, MD 20882 is again available at a much reduced price:  $835,000. The previous owner purchased this home from D. R. Horton in the fall of 2004 for $1,050,341.  The public record shows the size as 6,341 square feet of living area plus a 3,738 square feet basement that is finished plus a large garage. If you have dreams of a home of this size it is a good time to submit a contract. Prospective purchasers need to be pre-qualified for financing by Countrywide Home Loans and the lender is offering incentives if you use their financing. Full details and pictures are available by email. Check with us if you need a referral to a loan offic...
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KENTLANDS - LENDER OWNED FORECLOSURES AVAILABLE FOR PURCHASE - GAITHERSBURG, MD We just updated our list of lender owned foreclosures in Montgomery County and a couple of the homes are located in Kentlands. If you have friends or family members that want to purchase in this area, they will find the best deals in the inventory of lender owned foreclosures. 108 Lake Street, 4 BR/4.5 BA Single Family $860,000 110 A Bucksfield Rd., 3 BR/2.5 BA Townhouse Condo $395,000 The full listing information, history and pictures are available by email.  Prospective buyers will need to be pre-approved for financing.  Ask us if you need a referral to a lender.  We represent buyer clients as their exclusive agents.  roykelley@mris.com
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By Meyer Leibovitch, REALTOR Boyds, MD
(RE/MAX Elite Services, Nurit Coombe Team)
Is buying a home ever simple? The answer is probably not--because of all of the thought that goes into finding the right home and the stress of making the right decisions. Not to metion, the hiccups you can experience along the way. The process, however, is usually the same for everyone and can be broken down in to its base parts. I devised this brief flow chart to simplify what seems like a daunting and complicated task. Over the past 20 years, I have helped buyers follow the same path to home buying success hundreds of times. The chart does not address all of the intricacies and sub processes that can go into the purchase, but the majors are covered. If you follow these steps, you will find yourself owning a home. It's important to put major emphasis on the pre-approval and inspection...
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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 Maryland Foreclosure Listings! Gaithersburg MD Foreclosure Listings - Maryland Foreclosures Thank you for visiting this site Our main purpose is to give you Free Information about Foreclosures, Short Sales in Gaithersburg Maryland PLUS DC an Virginia. Easy sign up and immediately start receiving all foreclosures in Gaithersburg www.Herboso.com We are a premier real estate site which aims at assisting you in buying the best real estate. Fernando Herboso & Associates offers numerous real estate services to its clients. .we specialize in analyzing properties for our client investors and have several tools in place to assist form the first time Home Buyer Investor to Experienced investors We encourage to JUMP STRAIGHT www.Herboso.com  AND RECEIVE all foreclosure downloads for ...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
I am so excited, the Sugarloaf Craft Fair is this weekend!!  It is one of my favorite pre holiday activities.  There is so many great things to see there at the fair!! If you have never been to the Sugarloaf Craft Fair this is your weekend to go.  There are artists and crafts people from all over the country here in Gaithersburg at the Fairgrounds to sell.  I love getting the hot cider and shopping for treasures to start off the Holiday season.  They make perfect holiday gifts for family and friends, maybe a gift or two for yourself.  The show will be this weekend November 21, 22, and 23.
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By Roy Kelley
(Realty Group Referrals)
Kentlands News posted today: -------- Comcast Repairs - Hart Road and Ridgepoint Place Published By: Mac Staples Publish Date: 13-Nov-2008 Comcast has notified the City of Gaithersburg regarding a couple of emergency repairs in the Kentlands on Hart Road and Ridgepoint Place. Contact for Comcast: Joshua Bokee Director, Government Affairs Montgomery & Frederick Counties Comcast 20 West Gude Dr Rockville, MD 20850 Office: 301.294.7653 Fax: 301.294.7697 joshua_bokee@cable.comcast.com **View the full topic or comment on-line: http://www.kentlandsusa.com/?t=ce_news&mode=dialog&id=81 --------
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By Ellen Crawford, Alpharetta Real Estate Agents & Alpharetta REALTOR
(Maximum One Executive REALTORS®)
This is a Gaithersburg Maryland real estate update for Tuesday November 11, 2008.  As of today Tuesday November 11 2008 there are currently 359 homes for sale in Gaithersburg Maryland in our MRIS MLS System.  These are fee simple homes for sale and detached single family homes.  Gaithersburg Maryland is located just North West of Washington DC in Montgomery County Maryland.  Gaithersburg Maryland has great homes, neighborhoods, and some great subdivisions with reasonably priced single family detached fee simple homes for sale. Below is a current list of activity on single family homes for sale in Gaithersburg Maryland. 359 'Active' - Gaithersburg Maryland Homes 9 'Cntg/KO' -  Gaithersburg Maryland Homes 31 'Cntg/NO KO' - Gaithersburg Maryland Homes 22 'Contract' - Gaithersburg Maryland ...
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GAITHERSBURG/KENTLANDS/LAKELANDS, MARYLAND REAL ESTATE TREND INDICATOR ZIP CODE 20878      If you are thinking about buying or selling a home in zip code 20878, you should take a close look at the following report that compares the statistics for October with the same month last year. There were 80 new listings in the area and 40 listings went to pending new contracts. There were 43 actual settlements as compared to 40 homes sold last year. The total sold dollar volume was down 3.89%. The average number of days on the market was up to 98 from 81 days last year.  The average sale price was 92.4% of the average list price.  What does this mean?  It is still a soft market which favors buyers.  Buyers have the largest selection and the lowest prices that have been available for several year...
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