Gaithersburg, MD Real Estate News

GAITHERSBURG/KENTLANDS/LAKELANDS, MD REAL ESTATE TREND INDICATOR     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 August with the same month last year. There were 85 new listings in the area and 75 listings went to contract. There were 50 actual settlements as compared to 83 homes sold last August. The total sold dollar volume was down 45.96%. The average number of days on the market was up to 96.  The average sale price was 92.34% of the average list price.  What does this mean?  It is still a soft market which favors buyers. The good news is that most of us in the real estate business have noticed an increase in activity and the number of contracts being submitted. It will 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 for Gaithersburg Maryland Foreclosures in Gaithersburg Maryland-Bank Owned Properties for Gaithersburg MD  Gaithersburg Right now, the market for foreclosures  in Gaithersburg is hot. While real estate purchases in general are in a decline for 2008, investors, first time home buyers and savy home buyers  are finding great deals in the foreclosure market in Gaithersburg MD . Maryland has a vast amount of foreclosures listed in the local real estate market at prices well below the market value compared to normal sales. If you are remotely thinking tha you should buy now. . .You need to call us SUBSCRIBE TO RECEIVE FORECLOSURES FOR GAITHERSBURG MD HEREWe have trained agents able to assist you with all of your real estate needs -- homes to live in, new builds, investment prope...
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NEWLY AVAILABLE REO - FLOWER HILL, GAITHERSBURG, MARYLAND September home buyers need to watch the inventory of lender owned homes.  The lenders have a surplus inventory of foreclosed homes and are highly motivated to sell them before the winter season.  Prices are reduced until the homes are under contract.  It is a good time to make offers.  Let us show you how to be the successful purchaser of a REO property. Many families are using FHA financing for the low cash requirement and easier underwriting requirements.  Recent changes by the White House made FHA even more attractive for use when purchasing lender owned homes.  Buyers need to be pre-qualified for financing. Ask us for the name of a loan officer.  We represent buyers as their exclusive agents.  Let us know if you would like to...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
Audrey June-Forshey | RE/MAX Reatly Group | 301-921-2672 756 Tiffany Drive, Gaithersburg, MD Open House Sunday September 7th, 1:00 to 4:00 pm 5BR/3BA Single Family House offered at $459,000   Year Built 1969 Sq Footage 2,156   Bedrooms 5 Bathrooms 3 full, 0 partial   Floors 4 Parking 1 Covered spaces   Lot Size 11,131 sqft   HOA/Maint $0 per month     see additional photos below      PROPERTY FEATURES Central A/CCentral heatFireplaceWalk-in closetHardwood floorTile floorFamily roomLiving roomDining roomDishwasherRefrigeratorStove/OvenMicrowaveAtticBasementWasherDryerLaundry area - insideBalcony, Deck, or PatioYard       ADDITIONAL PHOTOS Seller contact info:   Audrey June-ForsheyRE/MAX Reatly Group301-921-2672  For sale by agent/broker   Equal Opportunity Housing Posted: Sep 5, 2008, 3...
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FLOWER HILL REO PRICE REDUCTION -  GAITHERSBURG, MARYLAND Are you looking for real estate bargains?  September home buyers need to watch the inventory of lender owned homes in Montgomery County, MD.  The lenders have a surplus inventory of foreclosed homes and are highly motivated to sell them before the winter season.  Prices are reduced until the homes are under contract.  It is a good time to make offers.  Let us show you how to be the successful purchaser of a REO property. Many families are using FHA financing for the low cash requirement and easier underwriting requirements.  Recent changes by the White House made FHA even more attractive for use when purchasing lender owned homes.  Buyers need to be pre-qualified for financing. Ask us for the name of a loan officer.  We represent...
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By Roy Kelley
(Realty Group Referrals)
KENTLANDS FILM SOCIETY GALA OPENING NIGHT EARLY START TIME 6 PM SEPTEMBER 21, 2008 AT THE GAITHERSBURG ARTS BARN *Complimentary champagne and punch *Hors d'oeuvres provided by O'Donnell's *Hollywood-style ambience including red carpet and photographer Followed at 7 PM by the MANHATTAN SHORT FILM FESTIVAL *12 Festival finalists are being shown around the world that same week *Viewers will vote for Best Film *Automatic admission for subscribers *Some subscriptions still available *Limited number of walk-in tickets $8.00 *Walk-in reservations available after September 12 by contacting Maureen Green at greencwmp@aol.com or 301-947-8882 Applications for subscriptions ($35.00 for five-film series) available at the Kentlands Clubhouse, Lakelands Clubhouse, Gaithersburg Arts Barn or Kentlands ...
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By Roy Kelley
(Realty Group Referrals)
Spanish Club forming for Kentlands Residents If you are interested in studying the Spanish Language or engaging in a discussion group - this could be the club for you! The Kentlands Spanish Club is currently forming in response to the residents who participated in Spanish classes in the spring and would like to continue their education. This club will also be open to any other residents interested in Spanish who have not previously participated in Spanish classes. Meeting dates and times have not been set and this group is in its early forming stages. If you are interested, please send an email to Anita Parks at aparks@cmc-management.com to sign up for more information as it becomes available.
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
Last Sunday our office had an office BBQ at the Seneca Creek State Park in Gaithersburg.  It was a really fun afternoon.  Our office does a really great job keeping us things positive and fun.  Kara Hurley, one of our office managers and party organizer extrodinaire, thought it would be a fun afternoon for us all to come out and hang out together and just let go of the market for a bit.  I think it is really a great thing that even in tight times our brokers and managers are trying to keep things up and positive for all. The office supplied the burgers and Hot dogs, the rest of us brought all of the side dishes.  There was more than enough for all.  Everyone was invited, the kids and all. For a fund raiser our broker, Ken Crowley what a sport, let us pie him for donations to the Childre...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
Audrey June-Forshey | RE/MAX Reatly Group | 301-921-2672 756 Tiffany Drive, Gaithersburg, MD Come Live in the Heart of Gaithersburg 5BR/3BA Single Family House offered at $459,000 Year Built 1969 Sq Footage 2,156 Bedrooms 5 Bathrooms 3 full, 0 partial Floors 4 Parking 1 Covered spaces Lot Size 11,131 sqft HOA/Maint $0 per month see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace Walk-in closet Hardwood floor Tile floor Family room Living room Dining room Dishwasher Refrigerator Stove/Oven Microwave Attic Basement Washer Dryer Laundry area - inside Balcony, Deck, or Patio Yard ADDITIONAL PHOTOS Seller contact info: Audrey June-Forshey RE/MAX Reatly Group 301-921-2672 For sale by agent/broker Equal Opportunity Housing Posted: Aug 30, 2008, 4:09pm PDT
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NEW COUNTRYWIDE REO LISTING - GAITHERSBURG, MARYLAND September home buyers need to watch the inventory of lender owned homes in Montgomery County for home purchase bargains.  The lenders have a surplus supply of owned foreclosures and are very anxious to sell them quickly.  Talk with us about making offers on REO properties.  We will show you how to make a successful purchase.   Many families are using FHA financing for the low cash requirement. Ask us for the name of a loan officer for pre-approval.  You will need a lender letter from Countywide when you submit your contract. Check with us for more details on this home or other lender owned homes in Montgomery County and Frederick County, MD.   We represent buyers as their exclusive agents. roykelley@mris.com 18419 HALLMARK CT, GAITHER...
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By Paul Defngin
(Apex Home Loans, Inc)
Certainly heard it right! It was only July 14 when the new Risk-Based Premiums for mortgage insurance went into effect.  I had just gotten used to referencing it with my prospective buyers and referall partners...and now a new annoucement from HUD. Just as I thought I got a hang of something, I have to go back to square one.  Oh my :) Are you keeping up?  If not then it becomes even more important that you work with those professionals that keep up with the constant changes.  Effective October 1, 2008 through September 30, 2009 there will be a moratorium on the risk based structure.  Just think that in the last weeks, 2 of my First Time Home Buyers were pre-approved using the July 14 structure and so I hope that they find a home before Oct 1 because the premium based structure save them...
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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 One day, 5 HOURS a Year in the making. . .Gaithersburg at it's best!!!Celebrate Gaithersburg in Olde Towne 27th Annual Street FestivalSeptember 21, 2008Noon – 5 PMA lively mix of arts, music, food, and fun awaits when you Celebrate Gaithersburg in Olde Towne.  This 27th annual event is headlined by Gin Blossoms and also features The Rembrandts and Derek James, a world market of international artisans, environmental education in the Green Zone, and the Taste of Gaithersburg, with delicious samples from local restaurants.  Plenty of children’s activities to round out the day. Admission and parking are free.  Call 301-258-6350 or visit THIS WEBSITE FOR MORE INFORMATIONSCHEDULEStage I - City Hall Pavilion Stage Noon Welcome Ceremony:• Naturalization of U.S. citizens• I...
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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 Bank Owned ,Pre-Foreclosures and Foreclosures in Gaithersburg in Montgomery  County Maryland Get a sample of what we are offering to our clients. .when it comes finding BANK OWNED PROPERTIES IN Gaithersburg  MDby only subscribing to:www.HERBOSO.com Our personal mission is to bring to you a level of knowledge, experience, commitment, high standards and results to answer your housing needs. We believe, the most effective way to provide superior service is to build a strong working relationship with you. Our systems includes regular consultations and feedback, which is the best tool for identifying and clarifying your housing objectives and help define strategic solutions, full access to all of our Foreclosure Lists subscriptions, complete and detailed co...
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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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