Rockville, MD Real Estate News

By Bob Myers, Montgomery County MD Real Estate
(Re/Max Realty Services)
At the end of January 2008 there were 51 condo/coop active listings and 141 residential properties active in zip code 20850, including properties in the Americana Centre, Decoverly, King Farm, and Willows of Potomac neighborhoods.There were 6 condo/coops that sold in January and 16 residential homes.  The total dollar volume sold has gone down by almost 16% compared to January of last year, with the average sold price up by 11%.  The average number of days on market is 92 - slightly more than last January's average of 84.  Across Rockville, less than 10% of active listings or properties under contract were ‘short sales' - where the owner is selling for less than they owe on the property.  Out of 616 properties for sale or under contract in all Rockville zip codes as of mid-February, 45 ...
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By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
ROCKVILLE REAL ESTATE FOR SALE AND AVAILABLE FOR HOME BUYERS WHO DON'T WANT TO CUT GRASS.Town Homes in Montgomery County, MD are a very popular home choice.  Many town home owners in Rockville wish to live and work close to home.  Or, the home owners wish to own a wonderful, roomy, luxury town home in Montgomery County close to METRO with a quick commute to Bethesda or Washington, DC.  In fact, by METRO, Maryland home owners can commute to the Pentagon in Arlington, VA within an hour.  The most requested newer town home style will have a 2 car garage, 3 plus bedrooms, 2 plus full baths and offer easy access to METRO.  On a square foot basis, this town house model with offer the living space of newer homes in Montgomery County in the $650,000 to $1,700,000 price range for similar locatio...
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By Jeannie Nguyen, My Goal is to Maximize Your Bottom Line!
(Century 21 Redwood Realty)
Ever have a client you want to stop working for but they are related to you?  It such a sticky situation you can really cause a extended family problem if you decided to refer them to someone else.  Not only will they be offended, it will be a uncomfortable situation at family reunion.  Any suggestions????
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By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
ROCKVILLE REAL ESTATE, MONTGOMERY COUNTY MARYLAND ABOUT HOMES IN ROCKVILLE MARYLAND, THE COUNTY SEAT FOR MONTGOMERY COUNTY.ROCKVILLE MARYLAND, IN MONTGOMERY COUNTY - HOMES IN ALL PRICES AND TYPESActive Listings homes for sale in Rockville, Maryland as of October 30, 2007.There are 366 active listings of detached homes for sale in Rockville, Maryland.The lowest price is $280,000.The highest price is $2,235,000.The average price is $568,158.There are 29 detached homes "UNDER CONTRACT" in Rockville Maryland.  The lowest price Under Contract is $230,000.The highest price Under Contract is $299,999.The average price Under Contract is $597,055.FORECLOSURES FOR SALE IN ROCKVILLEThere are 3 foreclosed detached homes for sale in Rockville.The low price for a bank owned property for sale in Rockv...
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By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
FORECLOSED HOMES AND BANK OWNED REAL ESTATE IN MONTGOMERY COUNTY, MARYLAND.Consumers wishing to buy a home in Rockville may be able to beat the high prices of resale real estate in Montgomery County, MD, by adding foreclosed homes, bank owned homes and REO properties.  Homefinders.com agents are skilled in finding these homes and always include them when doing an MLS search for property for sale for our buyers.  Most foreclosed properties are in move-in condition, although many will need cosmetic work.  Foreclosures in Rockville are often discounted for condition and when you, the homeowner, completes minor repairs and makes cosmetic upgrades, your home will grow in value accordingly.  FORECLOSURES FOR SALE IN ROCKVILLE Foreclosure in Rockville, Brookhaven, with 3 bedrooms, 2 full baths...
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By Judi Casey
(Llewellyn Realtors)
 This beautiful brick townhouse looks as if it is from the Pottery Barn Catalogue. Spectacular kitchen renovation with double granite countertops,custom cabinets,tile floor and stainless steel appliances. 3 BR, 2.5 BA, finished basement,deck,fenced yard.Wootton School District. The finishing touches are being applied and it will be ready for the market next week. Details will be available after this weekend.
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By Timon Mitrakas
(RE/MAX)
Rockville InformationThank you for visiting my blog.  Below you will find information on Rockville, Maryland. If you would like to know more, please feel free to give me a call.  I can also share with you which neighborhoods tend to be more "family" oriented, discuss the real estate market in general, and assist you in finding your dream home. I can be reached at 888.321.4556 or via email at timon@ehomesearch.us.  Please visit my website at http://www.ehomesearch.us/.                                                                                   Rockville MarylandRockville is the county seat of Montgomery County, Maryland, United States. According to the 2005 census update, the city had a total population of 57,402, making it the fourth largest city in Maryland.[1]HistorySituated in ...
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By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
ABOUT HOMES IN ROCKVILLE MARYLAND, THE COUNTY SEAT FOR MONTGOMERY COUNTY.ROCKVILLE MARYLAND, IN MONTGOMERY COUNTY - HOMES IN ALL PRICES AND TYPESRockville homes area very much in demand because Rockville is the County Seat for Montgomery County, MD.METRO has 6 stations in Rockville. Resale Single Family Homes in Rockville are priced from $300,000 to over $3,000,000 and the average price is $615,000.Rockville has a rich history and the Town of Rockville offers many beautiful, well maintained and preserved homes that date back to the mid 1800sGarage Town Houses have been very popular in Rockville since about 1995.            Rockville HomesNew homes in Rockville are lovely, similar to the existing style of the existing homes and offer large homes with luxury features.  Prices for new home...
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By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
KING FARM, LUXURY HOMES, WALKING TO SHOPPING, WALK TO THE PARK, WALK TO METRO.YES, walk to METRO from King Farm.  There are not many communities within walking distance of the Shady Grove Metro.  But, for owners of homes in King Farm, the 1/2 mile walk to Metro adds value to their home.KING FARM, a residential community in Rockville, Maryland.  Remember the "King Farm" barn?  For many years, as we drove along Rockville Pike we would see the big white barn with "KING FARM" painted on the roof visible from the road.  Year after year as residential developments came to the area, we knew it had been permitted for a PUD, Planned Unit Development and just waited and watched.  Then in about 10 years ago, the first signs of construction went up with a couple of construction roads, a few sales t...
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By Tom Brannigan
(Long & Foster Real Estate, Inc)
New advantages for the 2007 tax year make mortgage insurance an attractive alternative to second loans. Brand new legislation, approved by Congress in December 2006, now allows for 100% deductible mortgage insurance (MI), to those who qualify.This increases the buying power for thousands of consumers who are unable to come up with the traditional 20% down payment: •Effective for the 2007 tax year on loans closed on or after January 1, 2007•Applicable to households with adjusted gross income <$100,000 •Simplified mortgage process - only one loan needed! Now, just like second loans, mortgage insurance is tax deductible. But, unlike second loans, there's no potential payment increase with MI. The new legislation is expected to save nearly one million Americans a total of $91 million when t...
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By Alan Stevens
(TRUSTWORTHY MORTGAGE)
  Well, the elections are over and much to many people’s chagrin, the bond market did not explode, we did not see a rise in interest rates as a result of the Democratic win in mid- term elections , It is even possible to see a return to mortgage rates of 6% in the near future.  Maybe even high 5% range. There is however one topic I am very concerned about – a mortgage credit spiral.  Those with greatest exposure to this event will be those buyers who entered the market with poor credit, little money down and mortgages with adjustable rates or negative amortization payments that will mature and spiral out of control. Recently, a client called me in a panic.  He had received notice from his bank that his checking account was overdrawn.  Upon careful examination, he learned that his mortg...
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By Alan Stevens
(TRUSTWORTHY MORTGAGE)
My name is Alan Stevens.  I am a senior loan officer and vice president of Trustworthy Mortgage Corporation.   My mission is to provide the most suitable and cost effective residential mortgage products to homeowners and homebuyers and to act as a trusted financial advisor to my clients and partners.  I am committed to providing professional advice, consultation, and direction to my customers, to educate them in all aspects of the home financing process and to comply with all state and federal regulations governing loan origination. I support continued growth and responsible homeownership. It is a goal that is shared by the real estate and mortgage banking industries and is enthusiastically supported by my company.In addition to being a senior loan officer, I am also a sales trainer and...
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