POTOMAC HOMES FOR SALE

POTOMAC HOMES FOR SALE, PRE-FORECLOSURES, REO - MONTGOMERY COUNTY, MARYLAND

Home owners and prospective home buyers are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale.

The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers.

The first report shows the 186 active listings excluding the lender owned (REO) homes and the short sale listings.  

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-96550195-713 

The second report shows the 2 short sale listings that are available. Short sales are transactions where the proceeds of the sale will not cover the outstanding mortgages. These are sometimes called pre-foreclosures. 

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-96550221-237

The third report shows NO lender owned foreclosures (REO) for sale.  The lender owned properties are vacant and prices are reduced until they are sold by the highly motivated sellers.   

As you can determine from this report, foreclosures and short sales are not having a major impact on this market area.

Do you qualify for the new tax credit?  The Home Buyer Tax Credit now includes current home owners as well as first time buyers. This link provides the highlights of the program: http://www.federalhousingtaxcredit.com/glance.php

New Home Buyer Tax Credit Video:  http://www.youtube.com/watch?v=1leN8E8BKTo

Please contact us with your questions. We always appreciate your referrals.