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Olney, MD Real Estate News

The below listed Olney 20832 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.  ANSCROFT ARDEN WOODS BARNSLEY MANOR ESTATES BRIARS ACRES BROOKE GROVE BROOKEVILLE KNOLLS BROOKVILLE KNOLLS CAMELBACK VILLAGE CASHELL MANOR CHERRYWOOD CHERRYWOOD THSE CHRISTIE ESTATES FAIR HILL FAIR HILL FARM FOREST CROSSING HALLOWELL HOMELND VL OLNEY JAMES CREEK NORBROOK VILLAGE OAKLAND FARM OATLAND FARM OLNEY OLNEY ACRES OLNEY MILL OLNEY OAKS OLNEY SHOPPING CENTER OLNEY SQUARE OLNEY TOWNE PT OLNEY OUT RES 2 SHEPHERDS HARD FORTUNE THE COURTS/OLNEY THE ...
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By Joe Buffington, GRI, CDPE
(RE/MAX Realty Centre)
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for March 2009.  The Red lines are the active homes, blue under contract, and green are sold.  The absorption rate is determined by the number of homes on the market and the number of homes selling that month. The absorption rates for March 09 are much higher than March 08.  This is a great indicator for a strong  spring market.  Our office has added several CDPEs.  These are Certified Distressed Property Experts.  They are great agents who can help their clients navigate short sales and foreclosures. Absorption Rates:  March 2009  11.5% absorption rate March 2008  8.4% absorption rate March 2007  16.9% absorption rate
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By John MacArthur, Licensed Maryland/DC Realtor, Metro DC Homes
(Century 21 Redwood)
Make Someone Happy !        I was sitting with a new agent the other day. I was trying to get a handle on why they had chosen this profession. If I can determine what motivated them to join the ranks of Realtors, I can then delve a little deeper into what might be that one factor that will separate them from those that have tried and failed and those that are still active today.      The young lad turned the question around and asked me..."Why are you a Realtor? You have had great success in other industries. Why are you still practicing this profession?"      I gave it a moments thought. I have always known the why. I smiled and said this profession offers me an abundance of opportunities to make someone happy. Everyday, I have the chance to make a difference in one person's life. Why...
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By Joe Buffington, GRI, CDPE
(RE/MAX Realty Centre)
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for February 2009.  The Red lines are the active homes, blue under contract, and green are sold.  The absorption rate is determined by the number of homes on the market and the number of homes selling that month. The absorption rates for Feb 09 are lower than Feb 08.  Freet not, one of the lead indicators is under contract properties.  There were 23 properties under contract at the end of Feb 08.  There were 28 under contract at the end of this Feb.   Absorption Rates:  February 2009  6.2% absorption rate February 2008  7.6% absorption rate February 2007  18.1% absorption rate  
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By Dr. Stacey-Ann Baugh, A doctor who makes house calls.
(Century 21 New Millennium)
I was diagnosed with MS in 2006.  It all started because I kept getting dizzy when I would exercise.  The doctors ran every test in the book and came back with a possible diagnosis of Multiple Sclerosis.  To say I was floored is putting it lightly.  That had never even crossed my mind.  Since then we have done several more tests and the doctors are in pretty good agreement that this is what I have.I am one of the lucky ones.  The biggest impacts on my life are a chronic fatigue (which can be quite debilitating) and occasional vertigo and dizziness.  I am grateful for how I feel so far.  However, I do live with the notion that my level of functioning can change at any time.  There are many mornings when I wake up and think to myself before I get out of bed "Is this the day that my legs w...
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By Kacem Benali Bethesda & Rockville REALTOR
(Rockville & Bethesda Homes for Sale, I can help sell ur home)
Olney, Maryland Homes For Sale     More Communities... Area Links Olney Maryland Olney, MD Homes For Sale Olney, Maryland is home to more than 32,000 residents who enjoy lovely homes, peaceful small-town living and easy access to the many large urban attractions of Baltimore and Washington, D.C. Olney is located about 15 minutes from the Washington D.C. Metro Area, in the upper northeast Montgomery County. For similar information about other cities in Maryland, checkout the Rockville Homes For Sale page. Many residents of Olney have chosen to commute to work in Baltimore, Washington, D.C., or even northern Virginia.  Olney Manor Park, Swim Center and Longwood Recreation Center in Brookeville are two of the area's finest recreational facilities. If you would like more information on Oln...
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By Dr. Stacey-Ann Baugh, A doctor who makes house calls.
(Century 21 New Millennium)
Are you interested in new construction?  Montgomery County still has several new construction projects available.  Whether you are looking for condos in Takoma Park or Gaithersburg, townhomes in Wheaton or Germantown, or estate homes in Olney or Potomac, or all locations in between, I can help.  There are currently projects all across the county, featuring many different sizes, floorplans, and builders.  Stop by the Long & Foster Real Estate office, 3402 Olandwood Court, Olney MD, on Sunday February 22, 2009 from 12-5pm to learn about all the new construction projects available in Montgomery and surrounding counties.  Give me a call today.  I would be happy to help you navigate the world of purchasing new construction. "Your New Home Specialist!"
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By Joe Buffington, GRI, CDPE
(RE/MAX Realty Centre)
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for January 2008.  The Red lines are the active homes, blue under contract, and green are sold.  The absorption rate is determined by the number of homes on the market and the number of homes selling that month. With the big 3 pleading their case in Congress the real estate market slowed down more than usual in 2008.  However we are seeing a huge number of new contracts written in January.  The absorption rates should be up in February/March.  Stay tuned. Absorption Rates:  January 2009  6.5% absorption rate January 2008  6.0% absorption rate January 2007  17.4% absorption rate  
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By John MacArthur, Licensed Maryland/DC Realtor, Metro DC Homes
(Century 21 Redwood)
                                                        And I want YOU !   That's right, I am the new MANAGER of the Olney, MD Office of Long and Foster Real Estate, Inc.. Guess what? I want to sit down and talk with any agent that is looking to make a positive change in their career. My door is open and I would welcome the opportunity to share my vision and passion for your future. Some may ask...Are you crazy? If believing in the talent and abilities of agents in my office is crazy......yep, guilty. If believing that this market may be different than any other market but is a great time to be a real estate agent.....yep, I am guilty on that count. If believing that given the proper support and tools, any agent can succeed (even in this market)..........well yes, I am guilty. I am not ...
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By Peggy Lyn Speicher, Co-Founder & REALTOR®
(The Speicher Group)
It's estimated that 33 million home owners are at least one month behind on their mortgage payments.  If a homeowner falls behind on their mortgage payments, usually a foreclosure or short sale is coming soon. Most homeowners do not know their options in this situation. It can be very confusing, frustrating, and frightening. Often, the lender is aggressively contacting the homeowner, demanding payment and threatening legal action. WHAT IS A SHORT SALE?Some people mistakenly believe that a short sale implies that the sale will go very quickly. Ah, quite the contrary! In a short sale, the mortgage company is involved and must approve the terms of the sale (3rd party approval) thus making the process much longer than a typical sale. When homeowners must sell their home because they can no ...
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By Joe Buffington, GRI, CDPE
(RE/MAX Realty Centre)
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for October 2008.  The Red lines are the active homes, blue under contract, and green are sold.  The absorption rate is determined by the number of homes on the market and the number of homes selling that month. The second half 2008 absorption numbers were surpassing the 2007 numbers, but November 2008 numbers took a beating compared to Nov 2008.  Nov 2007 was far above even the Nov 2006 numbers.   Nov 2007 was either an anomaly or a trend.  Stay tuned for the December numbers.  Absorption Rates:  November 2008  6.2% absorption rate November 2007  13.9% absorption rate November 2006  8.0% absorption rate
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By Margaret Woda, Maryland Real Estate & Military Relocation
(Long & Foster Real Estate, Inc.)
After an hour's drive to Olney Ale House in Montgomery County to meet family for lunch yesterday, we soon regretted our choice of meeting place.   My husband and I had been looking forward to visiting with our daughter, in town from Texas for just two days, as we enjoyed drinks and appetizers pending the arrival of three others in our family.  In spite of the fact that the restaurant was nearly empty, the manager instructed a hostess not to seat us until everyone else arrived.  We explained that we wanted to order right away, but she was adamant that we must wait in the cold and drafty entryway until the entire party was present.  Apparently she never learned that "You don't get a second chance to make a good first impression." I had expected to write a glowing restaurant review in my M...
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By Dr. Stacey-Ann Baugh, A doctor who makes house calls.
(Century 21 New Millennium)
The Long & Foster office in Olney is serving as a drop off point for Toys for Tots.  Bring in a new unwrapped toy to the office by December 10. Please drop off your toy at the Olney/Brookeville office 3402 Olandwood Court Olney, MD 20832 7 days per week, 9am-5pm until 12/10/2008     
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By John MacArthur, Licensed Maryland/DC Realtor, Metro DC Homes
(Century 21 Redwood)
I don’t really have any. Oh, I know that the media has painted my future with a broad brush of gloom and doom. It would only seem reasonable to think that my ability to earn a living or continue living in a style that I have grown accustomed to in recent years may not be in the cards for the foreseeable future. The frequency of deals has diminished over the last eighteen months. Things have changed in the market. There are fewer buyers available. In this area, it seems that at least half the homes for sale are not really for sale. Referrals from outside sources have become a trickle. The real estate atmosphere has taken on a pale that is far from conducive to supporting optimism. So, why should I or any other Realtor keep plugging along? It is who I am ! ! ! I have not been a Realtor f...
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By John MacArthur, Licensed Maryland/DC Realtor, Metro DC Homes
(Century 21 Redwood)
Olney Golf Park is located just south of town on Georgia Avenue. The actual address is on Emory Church Road. It is a short drive for any golfer in the area. There is plenty of free parking. The Golf Park has a fully stocked pro shop. The staff is well versed in all of the merchandise and there are actually professionals that offer club fitting. Other amenities of pro shops are also offered including club fitting. It is not a driving range. It was never intended to be a place where folks could just let out the shaft and bang golf balls for thirty minutes. If that is your pleasure, you will be accommodated. If you want to maintain or improve your game…this training facility is for you! The above picture gives an overview of the site. You don’t see the large practice putting green. You do...
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By Joe Buffington, GRI, CDPE
(RE/MAX Realty Centre)
Here is the Clarksburg supply and demand chart for October 2008.  The Red lines are the active homes, blue under contract, and green are sold.  The absorption rate is determined by the number of homes on the market and the number of homes selling that month. Keep in mind that these numbers are resale homes not the new homes.  Clarksburg has seen a year to year increase in absorption rates.  October 2008 saw a huge increase in the absorption rate over October 2007.  We have also seen signs of bottoming out on certain types of homes in Clarksburgs.  For instance, many of the detached garage townhomes are selling now for close to what they sold for in the spring.  Things are really looking up for Clarksburg.  Absorption Rates:  October 2008  8.2% absorption rate October 2007  5.1% absorpti...
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