Maryland Short Sales. need to sell or buy a SHORT SALE in Clarksburg  MD?First, let me tell you one thing. . . short sales should be called LONG SALES. . be prepared to have plenty of . . SHORT patience and a LOOOOONG waitThere are many owners in Montgomery County  Maryland that need to sell their homes for less than they owe, hoping that the lenders forgive the difference and a buyer gets a great a deal.The waiting part is the longest if you are a buyer. .as a seller, the waiting can actually benefit you. You could stay in the house as long as the bank is making a decision to accept or reject the short sale.The banks are overwhelmed with short sale requests, and some bank may make sellers and buyers wait for months for an answer. Yet despite the obstacles to successful short sales a ha... 08/16/2008

If you like fresh, locally-grown food (and who doesn't!), you should check out the Clarksburg farmers market. It's open every Sunday from 10:00 a.m. to 1:00 p.m. and is located in Clarksburg Town Center at the junction of Public House Road and Ebenezer Chapel Road. The market, which started this June, is a way for local farmers to connect with consumers in our area, and will be open each Sunday until November. For more details you can log onto their website: www.clarksburgfarmersmarket.org 08/13/2008

Work on a portion of Skylark Road in Aurora Hills is scheduled to begin in a few weeks, and it will mean re-routing of traffic in the neighborhood. The work will take place on Skylark Road from Piedmont Road and will continue to the entrance of the Ovid Hazen Wells recreation fields near Cherry Branch Road.  Artery Development of Bethesda will begin work once the utilities companies have moved their power lines and utility poles to permit construction, and a section of the road will be closed for about six weeks.  Artery has pledged to post detour signs in advance so that motorists will be forewarned of the new traffic pattern. 08/12/2008

The latest statistics are out and they reveal that home sales in zip code 20871 reached $8,035,069 in July 2008 versus $6,982,368 during the month of July 2007.  That's a 15.08 percent increase in the total value of homes sold in Clarksburg compared to last year. The number of homes sold totaled 15, compared to 14 in the same month last year, and the median sold price of homes was $452,500 -- down 7.14 percent compared to last year.  The average days on the market was 106 in July versus 84 in 2007. So... more homes sold, but they were at the lower end of the price range and taking longer to sell.   08/11/2008

Metropolitan Regional Information Systems, Inc.    ZIP Code Statistics: 20871 Clarksburg, MD - Real Estate Trends Roy Kelley, Associate Broker, RE/MAX Realty Group Client Service:  301-670-8996. From: 07/01/2008 to 07/31/2008                Statistics generated on: 08/07/2008   ResidentialUnit SalesNumber of Bedrooms Active Listings   Time on Market Price Class 2 Or Less   3 4or More   CondoCoop GroundRent Residential CondoCoop GroundRent of Units Sold(No. of Units) Under $100,000 0 0 0 0 0 0 0 0 1 -30 Days 4 $100,000 - 149,999 0 0 0 0 0 0 0 0 31-60 Days 0 $150,000 - 199,999 0 0 0 0 0 0 0 0 61 - 90 Days 5 $200,000 - 249,999 0 0 0 0 0 1 5 0 91-120 Days 1 $250,000 - 299,999 0 0 0 0 0 3 2 0 Over 120 Days 5 $300,000 - 349,999 1 0 0 0 0 7 3 0 Total 15 $350,000 - 399,999 0 2 1 0 0 16 1 0   $4... 08/10/2008

 REO BARGAIN - CLARKSBURG, MARYLAND August home purchasers will find good deals in the inventory of lender owned foreclosures in Montgomery County.  This home was purchased in the spring of 2006 for $583,992.  The lender now has it for immediate sale at $393,800. Prospective buyers need to have a pre-qualification letter in hand to submit with any offer.  We recommend FHA financing for the low cash requirement.  Ask us for a referral to a loan officer that is familiar with REO properties. We are available to assist you as your exclusive buyer agent.   We provide client reports on lender owned homes in Montgomery County and Frederick County.  roykelley@mris.com   22246 TRENTWORTH WAY, CLARKSBURG, MD 20871   CLARKSBURG HEIGHTS - 3 BEDROOMS/2.5 BATHS - $393,800   Tax Fiscal Year  2008  Est... 08/10/2008

Foreclosures Clarksburg Maryland If you are looking for Foreclosures in Clarksburg Maryland CLICK HEREWe are a group of Realtors that specializes in providing services to real estate investors in Clarksburg and Montgomery County. Through our relationships with other Real Estate agents and banks we find, way below market value, single and multi family residential properties that we wholesale to our network of investors. We guide and support our investors through their rehab and selling or renting of their purchased home. We work on behalf of our investors and do what we think is best for our investors at all times. Right now there is a plethora of we  houses all over the Washington DC Maryland Region with low purchase prices and high after rehab values.                      Start by subs... 08/10/2008

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Here is the Clarksburg Area (Clarksburg, Hyattstown, and Boyds) supply and demand chart for July 2008.  The Red lines are the active homes, blue under contract, and green are sold.  The absorbtion rate is determined by the number of homes on the market and the number of homes selling that month. After a significant improvement in June, July dropped slightly.  However this is an increase over this same time last year.  This is a great sign for Clarksburg real estate community.  Absorbtion Rates:  July 2008  8.3% absorption rate July 2007  7.3% absorption rate July 2006  5.2% absorption rate   08/06/2008

Most everyone has now heard of the new tax credit for first-time homebuyers.  I thought it might be helpful to pass along some follow-up information on the details. -This is being touted as a tax credit that reduces the amount of income tax owed dollar for dollar, rather than a mere deduction.  (It is really more of an interest-free loan - see below.) -It is good for up to ten percent of the purchase price of the home or $7,500 -- whichever is less. -It is for principal residences only and the purchase must close between April 9, 2008 and July 1, 2009. -First-time homebuyer is defined as someone who has not had ownership interest in a principal residence in the three-year period before the date of the current purchase. -There are certain income restrictions, which your CPA will be glad ... 08/05/2008

Relocating To Clarksburg Maryland? -  Help for MD Relocation-  Information and Guide/Package   for Clarksburg Maryland Tips to Help Your Move to Beautiful Maryland Relocating your family has to be a major change on your life and it is important that you find the right support to help you with your move. The questions can be indeed overwhelming.  How can I find a family neighborhood that makes my family feel at home?  Where are the best communities?  Where is the best shopping?  Which schools offer an environment where my child will flourish?  What should I expect to pay for a comparable home in my new home in Maryland? Where could my spouse have potential employment? These concerns merely scratch the surface of the questions that face a family when considering such a big move.  Herboso... 08/03/2008

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ARORA HILLS in CLARKSBURG MARYLAND A "Little Heaven" in Montgomery County The crack of a bat from a nearby baseball diamond. The taste of watermelon at the nearby park, Neighbors chatting over the backyard fence. Whatever images you have of small town life, prepare to live them out in Arora Hills in Clarksburg Arora Hills in Clarksburg Maryland  one of the  first neighborhoods developed to enhance the living of it's residents.   The hub of the community is a beautiful park next door to the community. Ovid Hazen Wells Park, a 290-acre regional park featuring ball fields, picnic pavilions, a playground, hiking trails, soccer field  and plenty of grassy areas to spread out and relax. If you are a family that wants to be active . .and visiting a park in a weekend is your kind of fun? Take a... 07/29/2008

Over the weekend, the US Senate passed a bill that aims to reduce the number of foreclosures by permitting homeowners to refinance into government-backed loans.  The House of Representatives approved the bill last week and it now is headed to the President for his signature, which is anticipated. The program would be available to an estimated 400,000 home owners and would be administered by the FHA.  It will insure up to $300 billion in refinanced thirty-year fixed-rate loans. For mortgages that now exceed the value of the home, the lender would be asked to voluntarily write down the principal to the qualifying level.  That's the rub: the success of the program will depend on how receptive banks will be to writing down a portion of the loan. 07/28/2008

Here is the Clarksburg Area (Clarksburg, Hyattstown, and Boyds) supply and demand chart for June 2008.  The Red lines are the active homes, blue under contract, and green are sold.  The absorbtion rate is determined by the number of homes on the market and the number of homes selling that month. After a drop in May, we saw the absorption rate show significant improvement in June.  This is a great sign for Clarksburg real estate community.  Absorbtion Rates:  June 2008  10.6% absorption rate June 2007  4.7% absorption rate June 2006  4.3% absorption rate 07/25/2008

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