The proportion of homeowners that expected declines in the value of their homes in the year ahead fell to 15 percent in January, the lowest level since early 2007. That is down from 16 percent in the fourth quarter, and sentiment has improved over the past year. In the first quarter of 2009, 26 percent expected their home value to decline. The mean anticipated annual gain over the next five years held steady at 2.7 percent in January. REO and short-sale properties can be money pits when offers take forever to close and vacant properties are trashed. Here are some suggestions for expediting the deals: The best short-sale deals are those where the bank has pre-approved the sale price. The property may still take a long time to close, but not as long as it would otherwise. Buyers of a... 02/22/2010

      Fixing the economy can all be described with one word: Confidence. We need the consumer to be confident enough to make long-term decisions such as purchasing a house for their long-term security. We need businesses to be confident enough to hire workers so that they can expand in the long-run. We need investors confident enough to purchase financial instruments so that banks are confident enough to lend to businesses and consumers. Certainly, the past few years have not been a period of confidence. On the other hand, sometimes events outside our own control give us another perspective. The tragedy beset upon Haiti is of a magnitude that is hard to conceive. Yet, the response of the world to the aid of this small country also is of a magnitude that is hard to conceive. While we ex... 02/13/2010

   The Markets. Rates were slightly lower in the past week. Freddie Mac announced that for the week ending January 28, 30-year fixed rates averaged 4.98%, down from 4.99% the week before. The average for 15-year fixed eased to 4.39%. Adjustables were also slightly lower with the average for one-year adjustables falling to 4.29% and five-year adjustables falling to 4.25%. A year ago 30-year fixed rates were at 5.10%. "Rates held steady this week ahead of the Federal Reserve's (Fed) policy committee meetings, " said Frank Nothaft, Freddie Mac vice president and chief economist. "The Fed announced on January 27th that economic activity has continued to strengthen. It also noted that with substantial resource slack continuing to restrain cost pressures and with longer-term inflation expect... 02/05/2010

North Potomac Homes for Sale, Pre-foreclosures, REO - Montgomery County MD Home owners and prospective home buyers are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale. The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers. The first report shows the 15 active listings excluding the lender owned (REO) homes and the short sale listings.   Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-97427860-327 The second report shows the 4 short sale lis... 12/22/2009

NORTH POTOMAC HOMES FOR SALE, PRE-FORECLOSURES, REO - MONTGOMERY COUNTY, MARYLAND Home owners and prospective home buyers are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale. The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers. The first report shows the 15 active listings excluding the lender owned (REO) homes and the short sale listings.   Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-96459133-945  The second report shows the 2 short ... 12/08/2009

NORTH POTOMAC HOMES FOR SALE - MONTGOMERY COUNTY, MARYLAND   11/19/2009

Search For Properties in Nort Potomac Maryland Here (testing new IDX)   Click in Picture   11/18/2009

NORTH POTOMAC, MARYLAND RESIDENTIAL MARKET - MONTGOMERY COUNTY  10/28/2009

NORTH POTOMAC, MARYLAND RESIDENTIAL REAL ESTATE MARKET - MONTGOMERY COUNTY   10/21/2009

NORTH POTOMAC, MARYLAND RESIDENTIAL REAL ESTATE MARKET - MONTGOMERY COUNTY  10/14/2009

NORTH POTOMAC, MARYLAND RESIDENTIAL REAL ESTATE MARKET - MONTGOMERY COUNTY  10/06/2009

Bank Owned 5 Bedroom , 2 1/2 Bath , Over 5000 Total Square Feet, Nice lot located on Driscoll Court in Washingtonian Woods. Sold in 2005 for $800,000 , Now Bank Owned & listed for $599,900  listing courtesy of Robert Crow III of RE/MAX Realty Group  I represent my buyers as their exclusive Agent ... if you are interested in one of the many opportunities in this unprededented buyer's market ... I would be glad to help.  rick.boothe@longandfoster.com  301-793-6796 *This information is deemed reliable but not guaranteed. 07/27/2009

DUFIEF MILL ESTATES: We had 60 groups of visitors at our Open House at 14 Paramus Court!  I have not seen that many buyers since 2005.  With a supply of only 2 months, I have no doubt that 20878 has entered a sellers market.  There is less available in Dufief Mill Estates. Numerous buyers were ready to buy, this past Sunday, but had few choices. One guest mentioned that his agent told him to wait and see on another home they liked. That home sold right away.  Well, the same happened yesterday.  This Paramus Court home was under contract in 24 hours. My suggestion to serious buyers: Evaluate the home you chose, get your agent to help determine its fair value and make an offer.  Some owners prefer to work with the first offer.  If you are the one, chances are you will avoid a bidding war.    05/11/2009

The below listed North Potomac 20878 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.  AMBERFIELD AMBERLEA FARM ANCIENT OAK ANCIENT OAK WEST BELVEDERE BONDBROOK BOZZUTO AT KENTLANDS BRIGHTON WEST CLOPPERS MILL WEST CLOVERLEAF TWNHS DARNESTOWN KNOLLS DARNESTOWN OUTSIDE DIAMOND COURTS DIAMOND FARM DORSEY ESTATES DUFIEF DUFIEF MILL DUFIEF MILL BROOK DUFIEF MILL ESTATES ECHO DALE ESWORTHY ESTATES ESWORTHY PARK FARMLANDS FERNSHIRE FARMS FIRSTFIELD PLACE FOX RUN GAITHERSBURG GAITHERSBURG OUTSIDE GAITHERSBURG TOWN GREENS OF WRTHR HADDON... 05/05/2009

As of March 4, 2009 there are 46 homes for sale in North Potomac Md.  Prices on these homes range from $289,900 to $1,665,000.  Click here for detailed sales data for North Potomac MD real estate - including homes in zip codes 20878 and 20850 on my website.  Six homes are for sale in the neighborhoods of Dufief, Dufief Mill, Dufief Mill Brook, and Dufief Mill Estates.  Another six homes are in Potomac Chase, another four are in Quince Orchard Knolls and another four are in Stonebridge. Three of these homes have been on the market for more than a year, eight of the 46 have been on the market for six months to a year. Since January 1 of this year, 15 properties have gone under contract: 4 in Stonebridge, 2 in Quince Haven, 2 in Potomac Ridge and 3 in Potomac Chase. Only nine properties ha... 03/05/2009

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  - <$100K to >$5M Format ZIP Code: 20878 Gaithersburg, MD From: 12/01/2008 to 12/31/2008                Statistics generated on: 01/07/2009 Residential Unit Sales Number of Bedrooms Active Listings   Time on Market Price Class 2 Or Less   3 4   or More   Condo Coop Ground Rent Residential    Condo Coop Ground Rent of Units Sold (No. of Units) Under $100,000 0 0 0 0 0 0 1 0 1 -30 Days 11 $100,000 - 149,999 0 0 0 3 0 0 11 0 31-60 Days 8 $150,000 - 199,999 0 2 0 0 0 4 17 0 61 - 90 Days 8 $200,000 - 249,999 0 1 0 3 0 7 11 0 91-120 Days 5 $250,000 - 299,999 0 5 1 3 0 17 8 0 Over 120 Days 15 $300,000 - 349,999 1 3 0 3 0 16 5 0 Total 47 $350,000 - 399,999 2 1 1 0 0 6 6 0 $400,000 - 449,999 0 0 1 0 0 9 7 0 Type of Financing of Units Sold (No. of Units) $450,000 - 499,999 0 0 1 0 0 15 3 0 $500,... 01/21/2009

       As many people already may know; The Government has agreed to bailout all troubled assets, within corporations on Wall St, mainly. This certainly affects us, both good and bad.      This most important thing to realize is, it was inevitable. This had to happen or our situations would be worst than that of the depression era.      Mortgage rates have gone down and will continue to drop a little more even, to stay somewhere just under 6%, for the time being.  This will help 'kickstart' the housing sector somewhat.      Regrettably, we are all left holding the bag, as taxpayers.  With, what some say to be, upwards of 1 Trillion dollars in deficit in 1 year; taxes will have to be raised. None of us are immune. Both the little guy and the big will be paying for this. Lets just hope it... 09/22/2008

Today Freddie Mac and Fannie May were taken over by the government. This is a milestone, in the current housing situation and hints at many more changes to come.  Namely, does this signify the bottom of the housing market? Many think so. Mortgages rates dropped almost a 1/2 percent today for home buyers. I think the most interesting questions in our area markets is; the upper echelons of the housing markets in the D.C. metro areas are doing quite fine. How will this affect our market? The government taking over these two firms will positively effect our market in a great way. There will be more money to lend and it will be easier to obtain a loan, for qualified buyers. If you are in the market to buy a home, or if you are considering to buy a home; seriously think about purchasing by th... 09/08/2008

The High End Home Markets Is Alive and Well in the Metro of DC The luxury Market of Real Estate is going strong in the Metropolitan areas of DC. This is great news considering the lackluster performance of the national real estate market. Looking at the chart below; I would like to highlight a couple of items: 1. Most transactions are being sold between the 1-30 day period, mostly with the use of conventional loans. 2. With this being said, in Montgomery county alone, there are 881 and homes on the market over a million dollars. This suggests that sellers are starting to recognize that now is an attractive time to sell a home. Prices have held firmly and buyers would like to get their foot in the door before interests rates get out of hand.   ANTHONY DASHTIZADEH 240.353.3163 : MOBILE R... 08/31/2008