preforeclosures: Frederick County, MD Foreclosures & Short Sales Update - 07/20/11 07:44 AM
Frederick County, MD Foreclosures & Short Sales Update  
There are 1,272 active listings of homes for sale in Frederick County, MD.  44 (3%) of the properties are lender owned foreclosures and 241 (19%) are short sale pre-foreclosures.  
Home buyers are anxious to take advantage of the attractive prices and the very low mortgage interest rates.  Real estate investors are building their rental portfolios and are frequently competing with first time home buyers.   Home buyers and home sellers need to be aware of the categories of properties they are considering.  The dynamics of lender owned foreclosures and short sale … (2 comments)

preforeclosures: Montgomery County, Maryland Foreclosures & Short Sales Update - 07/20/11 05:18 AM
Montgomery County, Maryland Foreclosures & Short Sales Update
123 (4%) of the 3,510 homes for sale in Montgomery County, MD are REO properties while 558 (16%) are short sale pre-foreclosures.
The residential real estate market is very active in Montgomery County, MD.  Home buyers are anxious to take advantage of the attractive prices and the very low mortgage interest rates.  Home buyers are facing multiple contract competition on some of the well price homes in preferred locations.  Real estate investors are competing with first time home buyers as they build their rental portfolios while lender owned foreclosures are available at attractive … (3 comments)

preforeclosures: Montgomery County, Maryland Foreclosures & Short Sales Update - 07/12/11 04:49 AM
Montgomery County, Maryland Foreclosures & Short Sales Update
124 (4%) of the 3,531 homes for sale in Montgomery County, MD are REO properties while 557 (16%) are short sale pre-foreclosures.
The residential real estate market is very active in Montgomery County, MD.  Home buyers are anxious to take advantage of the attractive prices and the very low mortgage interest rates.  Home buyers are facing multiple contract competition on some of the well price homes in preferred locations.  Real estate investors are competing with first time home buyers as they build their rental portfolios while lender owned foreclosures are available at attractive … (4 comments)

preforeclosures: Prince George's County, Maryland Foreclosures Update - 07/12/11 03:17 AM
Prince George's County, Maryland Foreclosures Update  
There are 4,435 active listings of homes for sale in Prince George's County MD.  562 (13%) of the homes for sale are lender owned foreclosures.  1,692 (38%) are short sale pre-foreclosures.  51% of the available properties are lender owned foreclosures or short sale pre-foreclosures.  
Mortgage Financing:  Prospective purchasers need to be aware of the changes that have take place and understand the current requirements for obtaining mortgage financing.  All should anticipate fully documented mortgage applications that may be considered to be intrusive. Different mortgage products are offered by different lenders.  Do not expect … (2 comments)

preforeclosures: Washington County, MD Foreclosures & Short Sales Update - 07/11/11 06:24 AM
Washington County, MD Foreclosures & Short Sales Update
There are 897 homes for sale in Washington County, MD.  50 (6%) of the active listings are lender owned foreclosures and 119 (13%) are short sale pre-foreclosure offerings.  
Lender Owned Homes:     
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-144360174-255  
Short Sale Pre-foreclosures:     
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-144360196-965  
Washington County, Maryland Real Estate Market Statistics:  During June, 2011, there were 134 closed sales and the average sold price was $152,279, down 13.04% from last year, with an average of 136 days on the market. … (6 comments)

preforeclosures: Frederick County, MD Foreclosures & Short Sales Update - 07/11/11 06:01 AM
Frederick County, MD Foreclosures & Short Sales Update  
There are 1,251 active listings of homes for sale in Frederick County, MD.  46 (4%) of the properties are lender owned foreclosures and 238 (19%) are short sale pre-foreclosures.  
Prospective buyers are anxious to take advantage of the attractive prices and the very low mortgage interest rates.  Real estate investors are building their rental portfolios and are frequently competing with first time home buyers.  
Home buyers and home sellers need to be aware of the categories of properties they are considering.  The dynamics of lender owned foreclosures and short sale offerings … (8 comments)

preforeclosures: Prince George's County, Maryland Foreclosures Update - 07/05/11 06:18 AM
Prince George's County, Maryland Foreclosures Update  
There are 4,399 active listings of homes for sale in Prince George's County MD.  561 (13%) of the homes for sale are lender owned foreclosures.  1,661 (38%) are short sale pre-foreclosures.  51% of the available properties are lender owned foreclosures or short sale pre-foreclosures.  
Mortgage Financing:  Prospective purchasers need to be aware of the changes that have take place and understand the current requirements for obtaining mortgage financing.  All should anticipate fully documented mortgage applications that may be considered to be intrusive. Different mortgage products are offered by different lenders.  Do not expect … (5 comments)

preforeclosures: Washington County, MD Foreclosures & Short Sales Update - 07/05/11 04:50 AM
Washington County, MD Foreclosures & Short Sales Update
There are 911 homes for sale in Washington County, MD.  58 (6%) of the active listings are lender owned foreclosures and 114 (13%) are short sale pre-foreclosure offerings.  
Lender Owned Homes:     
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-143882161-549  
Short Sale Pre-foreclosures:     
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-143882180-375  
Washington County, Maryland Real Estate Market Statistics:  During May, 2011, there were 101 closed sales and the average sold price was $154,823, down 18.34% from last year, with an average of 151 days on the market. … (8 comments)

preforeclosures: Montgomery County, Maryland Foreclosures & Short Sales Update - 07/05/11 02:55 AM
Montgomery County, Maryland Foreclosures & Short Sales Update
120 (3%) of the 3,454 homes for sale in Montgomery County, MD are REO properties while 551 (16%) are short sale pre-foreclosures.
The residential real estate market is very active in Montgomery County, MD.  Home buyers are anxious to take advantage of the attractive prices and the very low mortgage interest rates.  Home buyers are facing multiple contract competition on some of the well price homes in preferred locations.
The Housing Opportunities Commission of Montgomery County (HOC) offers a mortgage interest rate to 4.5% with zero points for a 30 year fixed rate … (6 comments)

preforeclosures: Prince George's County, Maryland Foreclosures Update - 06/30/11 04:31 AM
Prince George's County, Maryland Foreclosures Update  
There are 4,624 active listings of homes for sale in Prince George's County MD.  587 (13%) of the homes for sale are lender owned foreclosures.  1,769 (38%) are short sale pre-foreclosures.  51% of the available properties are lender owned foreclosures or short sale pre-foreclosures.  
Prospective home buyers and real estate investors are finding bargain prices in the inventory of lender owned foreclosures in Prince George's County, MD.    
Mortgage Financing:  Prospective purchasers need to be aware of the changes that have take place and understand the current requirements for obtaining mortgage financing. … (5 comments)

preforeclosures: Washington County, MD Foreclosures & Short Sales Update - 06/28/11 06:38 AM
Washington County, MD Foreclosures & Short Sales Update
There are 924 homes for sale in Washington County.  62 (7%) of the active listings are lender owned foreclosures and 119 (13%) are short sale pre-foreclosure offerings.  
Lender Owned Homes:     
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-143423467-812  
Short Sale Pre-foreclosures:     
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-143423570-310  
Washington County, Maryland Real Estate Market Statistics:  During May, 2011, there were 101 closed sales and the average sold price was $154,823, down 18.34% from last year, with an average of 151 days on the market. The … (2 comments)

preforeclosures: Frederick County, MD Foreclosures & Short Sales Update - 06/28/11 05:58 AM
Frederick County, MD Foreclosures & Short Sales Update  
There are 1,273 active listings of homes for sale in Frederick County, MD.  51 (4%) of the properties are lender owned foreclosures and 236 (19%) are short sale pre-foreclosures.  
Home buyers and home sellers need to be aware of the categories of properties they are considering.  The dynamics of lender owned foreclosures and short sale offerings are somewhat different from normal transactions that do not require lender approval.  
Lender Owned Homes:    
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-143423608-503  
The mortgage investors that are selling lender owned foreclosures … (2 comments)

preforeclosures: Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 06/21/11 05:02 AM
Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update
There are 918 homes for sale in Washington County.  61 (7%) of the active listings are lender owned foreclosures and 115 (13%) are short sale pre-foreclosure offerings.  
Lender Owned Homes:     
Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-142879281-441  
Short Sale Pre-foreclosures:     
Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-142879357-756  
Washington County, Maryland Real Estate Market Statistics:  During May, 2011, there were 101 closed sales and the average sold price was $154,823, down 18.34% from last year, with an average of 151 days … (2 comments)

preforeclosures: Montgomery County, Maryland Weekly Real Estate Report & Kentlands Flower Photographs - 06/20/11 02:27 AM
Montgomery County, Maryland Weekly Real Estate Report:  Foreclosures & Short Sales Update
127 (4%) of the 3,621 homes for sale in Montgomery County are REO properties while 584 (16%) are short sale pre-foreclosures.
Home buyers and real estate investors are finding that this month is a time of great opportunity for real estate purchasers.  The home prices are very attractive and the mortgage interest rates are still very low.  
The Housing Opportunities Commission of Montgomery County (HOC) has reduced the mortgage interest rate to 4.25% with zero points for a 30 year fixed rate FHA loan.  HOC also offers a … (9 comments)

preforeclosures: Prince George's County, MD Real Estate Market - 06/16/11 10:42 PM
Prince George's County, MD Real Estate Market
There are 4,638 active listings of homes for sale in Prince George's County MD.  625 (13%) of the homes for sale are lender owned foreclosures.  1,768 (38%) are short sale pre-foreclosures.  51% of the available properties are lender owned foreclosures or short sale pre-foreclosures.
Prince George's County MD Real Estate Market Statistics:  During May, there were 738 closed sales, down 29.63% from last year.    The average sold price was $172,594, down 17.71% from last year, with an average of 104 days on the market.  The median price was $158,500, down 17.71% from last year. Homes … (15 comments)

preforeclosures: Thursday Flowers & Frederick County Market Report - 06/15/11 10:30 PM
Thursday Flowers & Frederick County Market Report
There are 1,272 active listings of homes for sale in Frederick County, MD.  55 (4%) of the properties are lender owned foreclosures and 236 (19%) are short sale pre-foreclosures.
Real Estate Market Statistics for Frederick County, Maryland:  During May, there were 235 closed sales, down 19.8% from last year.  The average sold price was $244,254, down 7.01% from last year,  with an average of 107 days on the market.  The median sold price was $218,000, down 7.59% from last year.  The average sold price was 90.02% of the average original list price.     … (15 comments)

preforeclosures: Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update - 06/15/11 01:02 AM
Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update  
There are 4,638 active listings of homes for sale in Prince George's County MD.  625 (13%) of the homes for sale are lender owned foreclosures.  1,768 (38%) are short sale pre-foreclosures.  51% of the available properties are lender owned foreclosures or short sale pre-foreclosures.  
Prospective home buyers and real estate investors are finding bargain prices in the inventory of lender owned foreclosures in Prince George's County, MD. Mortgage interest rates are very low and there are special programs to assist home buyers that have not owned a home … (0 comments)

preforeclosures: Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 06/14/11 06:28 AM
Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update
There are 913 homes for sale in Washington County.  62 (7%) of the active listings are lender owned foreclosures and 116 (13%) are short sale pre-foreclosure offerings.  
Lender Owned Homes:     
Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-142340302-811  
Short Sale Pre-foreclosures:     
Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-142340323-148  
Washington County, Maryland Real Estate Market Statistics:  During May, 2011, there were 101 closed sales and the average sold price was $154,823, down 18.34% from last year, with an average of 151 days … (4 comments)

preforeclosures: Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 06/14/11 06:07 AM
Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update  
Home buyers and home sellers need to be aware of the categories of properties they are considering.  The dynamics of lender owned foreclosures and short sale offerings are somewhat different from normal transactions that do not require lender approval.  
There are 1,272 active listings of homes for sale in Frederick County, MD.  55 (4%) of the properties are lender owned foreclosures and 236 (19%) are short sale pre-foreclosures.  
Lender Owned Homes:    
Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-142340072-489  
The mortgage investors that … (0 comments)

preforeclosures: Montgomery County, Maryland Weekly Real Estate Report: Foreclosures & Short Sales Update - 06/13/11 03:00 AM
Montgomery County, Maryland Weekly Real Estate Report:  Foreclosures & Short Sales Update
120 (3%) of the 3,600 homes for sale in Montgomery County are REO properties while 566 (16%) are short sale pre-foreclosures.
Lender owned foreclosures and short sale pre-foreclosure offerings compete with individual owners for the attention of home buyers.  Fortunately, lender owned foreclosures (REO) have been selling well in Montgomery County and the total number is no longer large enough to adversely impact the overall market.  However, some individual neighborhoods do have a disproportionate number of foreclosures.
Short sale pre-foreclosures are the most difficult sector to analyze.  The unknown … (0 comments)

 


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