Montgomery County Maryland Real Estate Market Report Spring 2014 [infographic]

Montgomery County Real Estate Market Report

Most homeowners across Montgomery County in Maryland have been enjoying an upswing in their home values, and home-sale prices are expected to continue rising for at least the next several months.
Spring is here - buyers and sellers are on their way to be more active.
Interest rates still are under an affordable 5% rate that will be watched closely in 2014. An upswing in interest rates could be very harmful to our  young real estate market recovery.


If you are looking to buy in 2014, our recommendation is to start early rather than later. Interest rates are very fragile in our market right now and could change dramatically at any time.
If you are looking to sell in 2014, our recommendation is to be realistic and don't take chances on the marketing of your home plus the pricing, These two elements goes together hand on hand for a successful sale.
Remember, in Montgomery County Maryland for 2013.... 25.1 of listings did not sell and went expired...that is one out of four houses!

Montgomery County Latest Home Listings

$301,000

11705 GAIL STREET, Silver Spring

Calendar Days 1-7: All offers will be rejected. We want REO's to have exposure to the market and potential buyers. The day after the property is listed is counted as Day ...

• Beds 4
• Baths 3.0
• MLS MC8318401

$314,900

7627 CREEKSTONE COURT, Gaithersburg

See the potential in this great home! Gleaming hardwoods on main level, pristine carpet upstairs. All in a sought after location, close to 270 and major commuter routes...

• Beds 4
• Baths 3.0
• MLS MC8318394

$329,900

4405 MAHAN COURT, Silver Spring

Well-maintained home with many upgrades! Andersen windows. Kitchen w/corian counters, cooktop, new refrigerator. Updated baths with ceramic tiled floors. New storm doors....

• Beds 3
• Baths 2.0
• MLS MC8318424

$234,900

14710 WEXHALL TERRACE Unit #17-181, Burtonsville

Stunning 3 level TH condo tucked away in a private corner. Renovated eat in kitchen w/ granite counters & backsplash, newer cabinets w/ under mount lights & appliances, S...

• Beds 3
• Baths 4.0
• MLS MC8317986
• Bldg. Townes Of Glouce

Montgomery County Real Estate Market Report

Tips for HOME BUYERS in Maryland

Buying a Home is Like Dancing

(You Can't Do it By Yourself!)  

 If you’re thinking about homeownership, ask yourself some basic questions and get informed as much as possible about the home-buying process. It will be easier for your real estate agent to help you find the dream home you are looking for. . 

Dancing by yourself is fine. .
As long as you are not serious . .yet
When it comes to home ownership for first time home buyers or any home buyer out there..
The faster you are knowledgeable about certain things will assure you of getting exactly what you want .. .
Sometimes first time buyers make decisions without knowing about the ramifications. .and this is a recipe to lose money, time and get stuck with a house you do not want.

Home ownership is serious business  because it is probably one of the biggest decisions one makes during a lifetime.
Is your  mortgage affordable ? 
not necessarily what the lender is willing to tell you . . 
you should make that decision yourself. .is it affordable for me?
If you are interested in low income housing in Maryland then we have many programs to help. .you should consult a real estate agent experienced in low income housing and knowledgeable of all the city  county, state and Government housing programs that are available for buyers that need a little help.

Welcome to our world

We embrace  technology and take the steps necessary to provide educational videos for all our clients..

An educated buyer for us provides with  the foundation towards a successful transaction.

We hope that the following videos could help you be prepared for different and unique situations that you may encounter when you're purchasing  Real Estate in today's market.

Our experience is one of  the values we can offer you.

Intro:

How To Hold Title on a Property?

Why Do I Need Title Insurance

Why is a pre-approval so important!

What is a HUD Property?



What is the difference between a Foreclosure and an REO?


Why is an appraisal like insurance for the buyer


Why Should You Buy a Short Sale


Maybe a short sale may not be good for you. . 


How Much Deposit Should You Pay?



Why do you need a Home Inspection?


Why is Lead Paint so Dangerous? 


Why is Radon Gas so Dangerous?


Why a House Survey is so Important?



Are you sure the refrigerator is staying with the house?


How Much to Offer?


Should you hire an agent or not?


What about Multiple Offers?

Buying a Home is Like Dancing

(You Can't Do it By Yourself!)  

WATCH MORE EDUCATIONAL VIDEOS FOR HOMEBUYERS HERE

THE PLAYLIST FOR HOMEBUYERS HERE

                                                                             

Herboso & Associates LLC

Maxus Realty Group 

MD DC AND VIRGINIA

301-246-0001

Our  real estate knowledge is always up-to-date. For expertise you can depend us, call us when you have questions about the market or are ready to make a significant move. . .Quality representation is not expensive, its priceless!

Content Provided by Maxus Realty Group Herboso & Associates 

 MD, DC and VA Listing Property 

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