Short Sale MD - Foreclosures MD
Montgomery County - Frederick County Maryland
WEEKLY MARKET REPORT for All
SHORT SALES
and
FORECLOSURES
FRECO (Frederick County) and MOCO(Montgomery County) in MD
Short Sale and Foreclosures Report for the month of OCTOBER 2009
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Oversupply Of Foreclosures To Drive Down House Prices
Although many believe the national housing market has bottomed. . not too fast!
it will likely continue to lag with this massive oversupply of homes the rest of the year and probably
the first quarter of 2010.
Doing this report in a weekly basis, we keep the pulse of teh market in teh Maryland Region
and the massive supply of homes in the PRE-FORECLOSURE process will continue
to grow for months to come.
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This is a complete weekly report for our neck of the woods. .
updated on the last day of October 2009
with the latest data taken for the MRIS for
all SHORT SALES and FORECLOSURES. . . including Bank Owned Properties,
REO'S and Auction Properties in Montgomery County and Frederick County
in Maryland
FORECLOSURES SOLD in MONTGOMERY COUNTY in 2009
FORECLOSURES SOLD so far in OCT. 2009 : 107
FORECLOSURES SOLD in SEPTEMBER 2009 : 113 FORECLOSURES SOLD in AUGUST 2009 : 139 FORECLOSURES SOLD in JULY 2009 : 126
FORECLOSURES SOLD in JUNE 2009 : 194
FORECLOSURES SOLD in MAY 2009 : 173
MOCO FORECLOSURES SOLD so far in 2009 : 1183
"For June 2009 over 30% of SOLD properties in the US
where DISTRESSED PROPERTIES"
FORECLOSURES SOLD in FREDERICK COUNTY in 2009 FORECLOSURES SOLD so far in OCT. 2009 : 32
FORECLOSURES SOLD in SEPTEMBER 2009 : 45 FORECLOSURES SOLD in AUGUST 2009 : 51 FORECLOSURES SOLD in JULY 2009 : 60
FORECLOSURES SOLD in JUNE 2009 : 72
FORECLOSURES SOLD in MAY 2009 : 66
FRECO FORECLOSURES SOLD so far in 2009: 410
pssstt. . we have just completed a list of foreclosures for both these counties. ..want one?
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For buyers, short sales are a way to get a bargain. For upside-down homeowners, they are
a way to avoid foreclosure. But for pretty much everyone involved, short sales are not a way
to buy a house quickly. Short sales can be anything but short. Unless you work with
highly skilled agents.
We just completed one short sale where the bank simply refused to collaborate and we
had to employ an array of tactics to get the main person in charge and we closed 4 days later
The best thing is that my client knows that she sold her home and no foreclosure on her record.
in two years, she'll be buying again
The Road to a Short Sale:
Short sales are also an option for investors, why let those investments drained you
until you have nothing left. . a short sale can be a tool to put you in a better
position a couple years from now.
Call me for a consultation
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SHORT SALES SOLD in MONTGOMERY COUNTY in 2009
Short Sales SOLD so far in OCT. 2009 : 72
Short Sales SOLD in SEPTEMBER 2009 : 108
SHORT SALES SOLD in AUGUST 2009 : 105
SHORT SALES SOLD in JULY 2009 : 111
SHORT SALES SOLD in JUNE 2009 : 123
SHORT SALES SOLD in MAY 2009 : 92
MOCO SHORT SALES SOLD so far in 2009 : 718
| FACT : You should try a loan modification first before a short sale. . . |
SHORT SALES SOLD in FREDERICK COUNTY in 2009
Short Sales SOLD so far in OCT. 2009 : 28
Short Sales SOLD in SEPTEMBER 2009 : 26
SHORT SALES SOLD in AUGUST 2009 : 24
SHORT SALES SOLD in JULY 2009 : 21
SHORT SALES SOLD in JUNE 2009 : 32
SHORT SALES SOLD in MAY 2009 : 31
FRECO SHORT SALES SOLD so far in 2009 2009 : 194
HELP HERE
I want you to know that you may call me for any reason. And please let me know
if a friend, family member or neighbor needs a caring, competent real estate
professional to help in buying or selling. I truly appreciate your friendship and referrals. My direct number is 240-426-5754 |
CONTACT US : By Phone 240-898-1848 xt #1 (short sales)
240-898-1848 xt #2 (foreclosures)
By email Fernando@ReallyNiceHomes.com
Herboso & Associates is associated with Key Realty Group LLC and both entities EXPRESSLY DISCLAIMS AND MAKES NO REPRESENTATIONS OR
WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED OR STATUTORY about the accuracy of this report. Data is taken directly from MRIS
SHORT SALES HELP MARYLAND
;)
;)
I'm telling you--you do have your fingers on the pulseofforeclosures and short sales in MD, don't you?! Lots of great information for your distressed property buyers and sellers.