Gaithersburg, MD Real Estate News

By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
Have you been to the new Rockville Town Square?  It is fabulous.  There are all kinds of new shops and restaurants.  They even have a Gordon Beirsch brewery/restaurant.  It is so much fun.  Come out Satruday, August 30th from 10:00 am to 5:00pm for the Rockville Town Square Jazz Festival. There will be live Jazz all day long, food tastings and the shops at the Rockville Town Square will have store specials. The tastings will be featuring the Rockville Town Square restaurants including; Austin Grill, Bobby's Crab Cakes, Greystone Grill, La Tasca Tapas Bar, Oro Pomodoro, Taste of Saigon and many more.  The tastings are $5.00 each, plus tax and they only take cash. So make sure you stop off at the ATM before you come. The Band Schedule is as follows; 10:15 am The Meritxell Project 11:30 am...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
This is the last weekend to see the play at the Gaithersburg Arts Barn.  My Emperor's New Clothes by Larry Shue will be preformed by the Sandy Spring Theatre Group for the last two shows this weekend.  It is a similar version of the story we all grew up with by Hans Christian Anderson. The Friday show starts at 7:30 and the Saturday shows start at 2:00 in the afternoon.    The Arts Barn is located at 311 Kent Square Road in the heart of the Kentlands.  Tickets are $14.00 for adults and $12.00 for residents of the City of Gaithersburg. Bring the whole family for a night of fun and story telling.  For more information you can call The City of Gaithersburg at 301-258-6394 or visit gaithersburgmd.gov/artsbarn for more information.
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
Gaithersburg will be say good bye to summer with a big send off.  On September 1st the 70th annual Gaithersburg Labor Day parade will be held at the intersection of Russell and Diamond Avenues in downtown Gaithersburg.  There will be Fire engines, marching bands, giant balloons and clowns celebrating the weekend.  The parade will start at 1:00 and last until about 2:00.  Bring your the family and your chairs and enjoy the afternoon.  There will be free parking at the city parking garage and shuttle buses from Gaithersburg Middle School. If your group is  interested in participating in the parade you may contact Janet Limmer at 301-258-6350 or you can go to Gaithersburgmd.gov and fill out the pdf form online. Come on out with the family and enjoy the fun!!
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
Currently there are 29 sales in the zip code of 20876 pending settlement.  Volume over last year at this time is down by about 38%.  Sellers are netting approximately 89% of their asking price. Total new listings in 20876 for July is 56, this includes townhomes, homes and condos. Metropolitan Regional Information Systems, Inc.   ZIP Code Statistics - <$100K to >$5M Format ZIP Code: 20876 Germantown, MD From: 07/01/2008 to 07/31/2008                Statistics generated on: 08/07/2008   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 1 0 1 -30 Days 4 $100,000 - 149,999 0 0 0 0 0 0 1 0 31-60 Days 2 $150,000 - 199,999 ...
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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 )
Maryland Short Sales. need to sell or buy a SHORT SALE in Gaithersburg  MD?First, let me tell you one thing. . . short sales should be called LONG SALES. . be prepared to have plenty of . . SHORT patience and a LOOOOONG waitThere are many owners in Montgomery County  Maryland that need to sell their homes for less than they owe, hoping that the lenders forgive the difference and a buyer gets a great a deal.The waiting part is the longest if you are a buyer. .as a seller, the waiting can actually benefit you. You could stay in the house as long as the bank is making a decision to accept or reject the short sale.The banks are overwhelmed with short sale requests, and some bank may make sellers and buyers wait for months for an answer. Yet despite the obstacles to successful short sales a ...
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By Laura Gray
(RE/MAX Realty Group)
This is the 59th Annual Fair for Montgomery County and it is sure to have something for everybody. No matter what your age is , if you are "City" Slickers or "Country" Folk , if you go during the day or evening you are sure to have fun. For more information , shows schedules & tickets discounts feel free to access the following link below: http://www.mcagfair.com/
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
These are the statistics for the month of July 2008 for zip code 20878.  This would include Gaithersburg, North Potomac and the Darnestown area.  As you can see the average sales price is down about 38% from last year.  The chart also shows us that the average contract is netting the seller approximately 92% of his sales price for a closed sale. These statistics are furnished by MRIS. Metropolitan Regional Information Systems, Inc.   ZIP Code Statistics - <$100K to >$5M Format ZIP Code: 20878 Gaithersburg, MD From: 07/01/2008 to 07/31/2008                Statistics generated on: 08/07/2008   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) U...
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Metropolitan Regional Information Systems, Inc.   ZIP Code Statistics - <$100K to >$5M Format ZIP Code: 20878 Gaithersburg, MD Roy Kelley, Associate Broker, RE/MAX Realty Group, Gaithersburg, MD Email:  roykelley@mris.com;  Home Search Website:  www.roykelley.com Client Service:  301-670-8996 From: 07/01/2008 to 07/31/2008                Statistics generated on: 08/07/2008   ResidentialUnit SalesNumber of Bedrooms Active Listings   Time on Market Price Class 2 Or Less   3 4or 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 13 $100,000 - 149,999 0 0 0 1 0 0 6 0 31-60 Days 12 $150,000 - 199,999 0 0 0 0 0 1 19 0 61 - 90 Days 10 $200,000 - 249,999 0 0 0 2 0 10 12 0 91-120 Days 6 $250,000 - 299,999 0 0 3 1 0 2...
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REO - NEW LISTING FROM COUNTRYWIDE HOME LOANS, GAITHERSBURG, MARYLAND THIS IS A NEW ASSIGNMENT AND THIS HOME IS NOT YET ON THE MULTIPLE LISTING SERVICE. CONTACT US IF YOU WISH TO BE THE FIRST TO SEE IT.  THE PRICE HAS NOT YET BEEN DETERMINED. This is a good month to make offers on lender owned foreclosures in Montgomery County.  The REO inventory is at a record high level and the lenders are highly motivated sellers. They must keep reducing the prices until the homes are sold. Many buyers are using FHA financing for the low cash requirement. Recent changes by the White House have made FHA even more attractive for use when purchasing a lender owned foreclosure.  Ask us for the name of a loan officer if you have not already obtained the needed pre-qualification letter.  A lender letter mu...
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 REO - QUINCE ORCHARD MANOR, GAITHERSBURG, MARYLAND This is a good month to make offers on lender owned foreclosures in Montgomery County.  The REO inventory is at a record high level and the lenders are highly motivated sellers. They must keep reducing the prices until the homes are sold. Many buyers are using FHA financing for the low cash requirement. Recent changes by the White House have made FHA even more attractive for use when purchasing a lender owned foreclosure.  Ask us for the name of a loan officer if you have not already obtained the needed pre-qualification letter.  A lender letter must be submitted with any offer. We provide client reports on lender owned homes in Montgomery County and Frederick County.  Please contact us for advice on the successful purchase of lender o...
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 WASHINGTONIAN WOODS REO BARGAIN - GAITHERSBURG, MD Sometimes you can find a bargain for a home purchase in the finest neighborhoods.  August buyers need to watch the inventory of lender owned foreclosures in Montgomery County, Maryland. This home sold for $959,000 in the summer of 2007.  It is available from the lender at $709,900.  Yes, it does have a finished basement. Let us know if you'd like to have the details on this home.  Call us for an appointment if this home will meet the needs of your family. Please contact us for client reports on lender owned homes in Montgomery County and Frederick County, Maryland.  roykelley@mris.com   405 MIDSUMMER DR, GAITHERSBURG, MD 20878     WASHINGTONIAN WOODS - 5 BEDROOMS/4 BATHS - $709,900   Tax Fiscal Year  2008  Estimated property tax and no...
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  COUNTRYWIDE HOME LOANS REDUCED REO PRICE August home purchasers that are seeking good prices should be watching the inventory of lender owned foreclosures.  The lenders are holding an excessive number of properties and are doing what is necessary to sell them.  Prices are reduced until the homes are sold. Prospective buyers need to be pre-qualified by a loan officer at Countrywide Home Loans.  Many families are using FHA financing for the low cash requirement and the ability to ask the seller for assistance with closing costs.  Ask us for a referral to a loan officer.  We provide client reports on lender owned homes in Montgomery County and Frederick County.  Please contact us for your next purchase.  roykelley@mris.com   13104 SCARLET OAK DR, GAITHERSBURG, MD 20878   QUAIL RUN - 3 BE...
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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 Gaithersburg Maryland If you are looking for Foreclosures in Gaithersburg MDCLICK HEREWe are a group of Realtors that specializes in providing services to real estate investors in Gaithersburg and Montgomery County. Through our relationships with other Real Estate agents and banks we find, way below market value, single and multi family residential properties that we wholesale to our network of investors. We guide and support our investors through their rehab and selling or renting of their purchased home. We work on behalf of our investors and do what we think is best for our investors at all times. Right now there is a plethora of we  houses all over the Washington DC Maryland Region with low purchase prices and high after rehab values.                      Start by subsc...
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