Tuesday, September 18, 2012

Relocating to Gaithersburg MD ? Start Here!

http://www.reallynicehomes.com/blog/relocating-gaithersburg-md-start-here/

Really Nice Homes of Gaithersburg MD

Gaithersburg Homes

Gaithersburg, Maryland Homes

Whether you're looking for luxury homes, condos, or foreclosures, our Gaithersburg real estate specialists can help you find just the right property for sale FIND THE LATEST GAITHERSBURG LISTINGS HERE

Relocate to Gaithersburg Today

If you're considering moving to the Gaithersburg area, call me right now at 301-246-0001 or send us a message and you'll receive our special relocation package. It includes community highlights, transportation details, and a listing of homes for sale.FIND THE LATEST GAITHERSBURG LISTINGS HERE

Why Should You Choose Us?

Our network is our prime advantage over our competition and your most important advantage over other buyers on the market today. Yet the true secret to our success is how we focus completely on our clients' needs. For us, servicing one client at a time is our top priority. That's why our agents are committed to understanding every single client's needs and strategic objectives. Our promise to you is to continuously strive to serve better and achieve the best results of anyone else available today.
See our latest Market Report for Montgomery County Here

Search Gaithersburg Kentlands By Map


Latest Listings in Gaithersburg MD

701 HOPE LANE, Gaithersburg MD 20878
$440,000

701 HOPE LANE, Gaithersburg

This wonderful home has great curb appeal & is sited on a corner lot next to the park! Level & fenced 12,632 sq ft lot( includes outlot). Hwd flrs on 2 lvls. Pristine hom...
  • Beds 4
  • Baths 3.0
  • MLS MC7928906
128 AUTUMN VIEW DRIVE, Gaithersburg MD 20878
$619,900

128 AUTUMN VIEW DRIVE, Gaithersburg

The Vistas Farley Model Home. Spacious Open Bright 24' wide TH w/ 9' ceilings all 3 levels. Fully finished basement w/ walk-out. HW floors thru main level, 3-4 Br's, 3.5 ...
  • Beds 4
  • Baths 4.0
  • MLS MC7928331
24909 DUNNAVANT DRIVE, Gaithersburg MD 20882
$369,900

24909 DUNNAVANT DRIVE, Gaithersburg

Great opportunity! 4BR and 3 1/2 bath. Over one acre of land. Fully finished basement. Needs some work.
  • Beds 4
  • Baths 4.0
  • MLS MC7928286
116 AUTUMN VIEW DRIVE, Gaithersburg MD 20878
$604,805

116 AUTUMN VIEW DRIVE, Gaithersburg

The VISTAS, Farley Model, Elev. "C" double box bay windows. Builder spec 24' TH, incl. several structural upgrades: finished basement, 2 oak staircases, deck, tray ceilin...
  • Beds 4
  • Baths 4.0
  • MLS MC7928283
24705 ETCHISON DRIVE, Gaithersburg MD 20882
$269,000

24705 ETCHISON DRIVE, Gaithersburg

Beautiful 3 Bedroom rambler with lots of updates. New kitchen cabinets, new granite counters, new appliances, new vinyl flooring, new carpeting, freshly painted, new dri...
  • Beds 3
  • Baths 1.0
  • MLS MC79278

Monday, September 17, 2012

Area Real Estate News & Market Updates for Clarksburg Montgomery County MD


Area Real Estate News & Market Updates for Clarksburg  Montgomery County Maryland 20871


The market report for Clarksburg MD for August 2012 has good news and bad
Lets take a quick look at the report for Montgomery County Maryland in general
The bad news first: In May there was only 69000 jobs added for the whole United States.
The good news is that the private sector generated 1.8 million jobs between May 2011 to May 2012
Our local economy is tops when it comes to job creations and economic conditions. .that is the good news!
Unemployment rate is 5.6% in Maryland compared to the rest of the country
The laws of SUPPLY AND DEMAND are forecasting what the end of the year and the start of 2013 would look like, ,
PRICES ARE CERTAIN TO GO UP BECAUSE OF LOW INVENTORY AND A GROWING POOL OF BUYERS. AS THEY FIND THEMSELVES  UNABLE TO BUY & COMPETE WITH OTHERS FOR THE VERY FEW LISTINGS OUT THERE.


Activity in the Real Estate market is high . .but inventories  are at record lows
Easy to figure this out. .
A lot of people want to sell but, their equities are still too low to motivate them.
Most of the inventory is coming from the MUST SELL homeowners to short sales and a few foreclosures out there.
If you are a buyer, my advice is to act quickly and be prepared before going out there.

General Inventory and Statistics For Montgomery County Real Estate 
Notice the number of listings for August 2012
2345 Active Listings available
This is the lowest number recorded in the last 7 years
We have buyers. . but the listings are simply not there!
Prices are rising because of this.
The average Days on Market has dropped over 17% from last year, indicating the trend mentioned above. Listing priced well, are selling very quick!

Friday, September 14, 2012

My property is in rough shape and needs a lot of work - can I still do a Short Sale?

http://www.reallynicehomes.com/blog/my-property-rough-shape-and-needs-lot-work-can-i-still-do-short-sale/

Question & Answers for Short Sales


My property is in rough shape and needs a lot of work; can I still do a Short Sale on my property?
    Absolutely. We can sell any property for any amount that matches the property's condition.  In fact most lenders are even more motivated to do a Short Sale on a property that needs work than on a property that doesn't. The lender does not want to do repairs if they foreclose on the property and they know the risk of loss associated with this process.

    Normally a property that needs a lot of work is more likely to be sold as a distressed property. .where the lender and the buyer agree to a determined price based on condition.

    How is that benefit you as a seller?

    There is no  expense from your part doing a short sale
    You are in a hardship and all the cost associated with a short sale is paid by the lender giving the third part authorization

    For a free consultation, call: 
    Fernando Herboso 
    Broker for Herboso & Associates llc

    301-246-0001

    Maryland Short Sale Real Estate, Maryland Short Sale Specialist, short sales, short sales help maryland, loan modifications Get the facts from a distressed property expert that has the ability to help you avoid a foreclosure by doing a Short Sale today!


    Short Sales Expert MD

    "How to Short Sale And Never Pay The Bank Another Penny."

           

           Chase Short Sales 

          

         

          

    Thursday, September 13, 2012

    The Appraisal Factor (X-FACTOR) that may derail the recovery?

    http://www.reallynicehomes.com/blog/appraisal-factor-x-factor-may-derail-recovery-urbana-md/

    Urbana MD Real Estate Market Report

    The Appraisal Factor  (X-FACTOR) that may derail the recovery?


    For a long time the so called experts in the real estate market have been predicting an extremely long rebound in the housing market in areas like Urbana Maryland in Frederick County because of the "Shadow Inventory" looming behind the scenes.
    This predicted new wave of new inventory was supposed to crush the housing market in Maryland and slow down any momentum that was generated by the Spring and Summer markets of 2011, 2012. To my surprise after seeing the numbers year to year for August 2011 to 2012 . .

    "I think the shadow inventory is not really the cause but our market specifically  in Urbana is really sucking right about now!"

    The shadow inventory has not materialized  yet there is another factor that is stopping the growth besides the sluggish local economy . The X Factor here may be the appraisals. Appraisals are coming low and killing deals all over Maryland right now. In newer communities like the Villages of Urbana, this is significant because of the time in between sales. In an older neighborhood, someone selling a home 20 years later does not have problems adjusting the final sales price to the appraised value. 

    The good news is that we should be looking to a healthy 2013 after we get over this hump.
    The market itself will pressure the appraisals to raise prices, together with the decline of short sales and foreclosures in the area. The evidence of this is already showing in many places in Maryland. 

    Looking at the cart below, the most significant number is the "Median Sold Price" being 26.48 % LOWER compared to last year.
    This affects home prices across the board and one of the reasons why appraisals are coming low.

    The average Sold in 2011 was $482,890
    The average Sold in 2012 is $355,000

    Big difference!


    According to the chart below, we have definitely started to see a measurable down trend but do not panic yet. . 
    Days on the market is down from 77 to 51, meaning more buyers out there.
    Also, the actual average SOLD price is only down 9.71%, a good sign.

    In 2013, interest rates will most likely still be at record lows pushing renters in purchasing homes all over Frederick County. ..  in cities such as Urbana Maryland this will push prices higher.




    New Villages of Urbana Listings: All Urbana homes, townhouses  and condos listed within the last 7-days
    Expand your search and obtain absolutely the latest listings here


    Are you a selling in Urbana?  we do understand where you stand. . .unless you really, really need to sell, we are advising our clients to wait until 2013 . .but just in case you need help now



    Wednesday, September 12, 2012

    Two Reasons in Using a Real Estate Agent to Buy Luxury Real Estate MD, DC and VA

    http://www.reallynicehomes.com/blog/two-reasons-using-real-estate-agent-buy-luxury-real-estate-md-dc-and-va/

    Two Reasons in Using a Real Estate Agent to Buy Luxury Real Estate MD, DC and VA


    While using a good buyer’s agent is a must for just about for  any type of  home purchases, it is more important when purchasing luxury property.

    The ideal agent to employ is someone with experience.
    In fact, that experience could save you thousands of dollars with these two tips alone. . .

    Reason #1

    The most important considerations in the luxury home buying process is price: Are you paying too much because of emotion or actual value?
    Your agent is your wake up call!
    Your agent will determine  the market value of the luxury property you fall in love with.
    It  requires the ability to compare the uncomparables out there. Most luxury homes do not compare to others in a cookie cutter concept as inexpensive homes do.. . They all are different because no one wants to buy an expensive home that looks exactly  like the neighbor's next door.
    You need an agent that is willing to advice you in what price to offer based on facts and not emotions.

    Reason #2

    This benefit  primarily comes from experience. An agent who spends his/her days selling cheaper priced homes lacks this experience, they are not in familiar territory. . so ensure that you work with a luxury home specialist. Because that same person, because of their network of contacts may allow you to hear about an incoming luxury listing before it hits the MLS!


    How much can you get for $1 million in today’s real estate market? 

    The answer will of course, vary depending on where Are you looking to buy. . . .

    This MAP will give you a comparison What a Million Dollars Buys . . .according to location for the Washington Metropolitan Area

    HAVE FUN!

     





    Looking for a LUXURY HOME? Start Here
    We can help you, 
    All you need to do is one call 301-246-0001 and lets us show you the quality of our services.
    Licensed in MD, DC and VA
    Looking to sell a LUXURY HOME?. . START HERE
    If you are looking for a new home to buy anywhere in the Washington Metropolitan area, we strongly believe that this is where you need to start your search.

    Sample of the Latest Million Dollar Homes For Sale 

    7201 DULANY DRIVE, Mclean VA 22101
    $32,000,000

    7201 DULANY DRIVE, Mclean

    Chateau la vie: the absolute crown jewel of mclean designed by harrison design associates, to be built by noble building and design. 28,000 Sq. Ft. Of unparralled luxury,...
    • Beds 8
    • Baths 12.0
    • MLS FX7897523
    1607 28TH STREET NW, Washington DC 20007
    $18,000,000

    1607 28TH STREET NW, Washington

    Originally part of the Evermay estate, this exceptional detached Federal in Georgetown exudes grandeur. Masterfully renovated in 2007, the home is filled with natural li...
    • Beds 8
    • Baths 10.0
    • MLS DC7854980
    3101 CHAIN BRIDGE ROAD NW, Washington DC 20016
    $16,125,000

    3101 CHAIN BRIDGE ROAD NW, Washington

    The grandest house in DC currently on the market. On a magnificent location overlooking Battery Kemble Park this 15,600 sq ft house has it all: ballroom, pool/guest hou...
    • Beds 7
    • Baths 12.0
    • MLS DC7784619
    1005 FOUNDERS RIDGE LANE, Mclean VA 22102
    $14,900,000 

    1005 FOUNDERS RIDGE LANE, Mclean

    "The Estate at The Reserve" is a magnificant 20,000 sq ft custom built home in the exclusive community of The Reserve. This elegant mansion boasts an indoor pool, indoor ...
    • Beds 6
    • Baths 12.0
    • MLS FX7755852
    439 SPRINGVALE ROAD, Great Falls VA 22066
    $13,500,000 

    439 SPRINGVALE ROAD, Great Falls

    Beautiful property with a pond, flowing stream & dramatic scenic views. Ideal location for horses or future development. The property consists 439A & 439 Springvale....(T...
    • Beds –
    • Baths –
    • MLS FX7529403
    612 RIVERCREST DRIVE, Mclean VA 22101
    $12,500,000

    612 RIVERCREST DRIVE, Mclean

    MAJOR PRICE REDUCTION ON RIVER: LIVE! Hi above the Potomac w/ breathtaking views of river, Am Legion bridge, MD countryside. Privacy, spaciousness, elegance in MOST prest...
    • Beds 7
    • Baths 11.0
    • MLS FX76670