preforeclosures: Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update - 06/09/11 04:47 AM
Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update  
There are 4,689 active listings of homes for sale in Prince George's County MD.  641 (14%) of the homes for sale are lender owned foreclosures.  1,778 (38%) are short sale pre-foreclosures.  52% 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 … (2 comments)

preforeclosures: Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 06/07/11 05:28 AM
Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update
There are 904 homes for sale in Washington County.  59 (7%) of the active listings are lender owned foreclosures and 111 (12%) 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-141805732-92  
Short Sale Pre-foreclosures:     
Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-141805752-484  
During April, 2011, there were 110 closed sales and the average sold price was $150,785, down 9.08% since last year, with an average of 155 days on the market. The zip code reports … (0 comments)

preforeclosures: Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update - 05/25/11 06:07 AM
Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update  
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 during the past three years.
Many of the incentive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of the upward pressure on interest rates.  The maximum size of FHA loans is expected to go down and … (4 comments)

preforeclosures: Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 05/24/11 06:41 AM
Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update
What's for sale in Washington County?  
There are 899 homes for sale in the county.  53 (6%) of the active listings are lender owned foreclosures and 110 (12%) 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-140720982-236  
Short Sale Pre-foreclosures:     
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-140721062-283  
During April, 2011, there were 110 closed sales and the average sold price was $150,785, down 9.08% since last year, with an average of 155 days … (5 comments)

preforeclosures: Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 05/24/11 04:32 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 1,315 active listings of homes for sale in Frederick County, MD.  53 (4%) of the properties are lender owned foreclosures and 252 ( 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-140720702-881  
The mortgage investors … (2 comments)

preforeclosures: Montgomery County, Maryland Weekly Real Estate Report: Foreclosures & Short Sales Update - 05/23/11 03:55 AM
Montgomery County, Maryland Weekly Real Estate Report:  Foreclosures & Short Sales Update
129 (4%) of the homes for sale in Montgomery County are lender owned foreclosures.
Prospective home buyers and those that plan to sell their homes need to be alert when considering the sales that have taken place and the current inventory of available properties.  Knowing the market is mandatory if for those that are seeking the best results.  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 … (2 comments)

preforeclosures: Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update - 05/18/11 05:10 AM
Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update  
Prospective home buyers are taking action this spring. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of the upward pressure on interest rates.  The maximum size of FHA … (2 comments)

preforeclosures: Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 05/17/11 04:59 AM
Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update
The attractive housing market will encourage prospective home buyers to make their purchase decisions this spring. Timing is critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase. By the way, first time buyers are defined as those that have not owned a home during the past three years.
All of these positive dynamics … (2 comments)

preforeclosures: Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 05/17/11 04:37 AM
Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update  
Home buyers are very active this spring. Timing is critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.  
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of the upward pressure on interest rates. The maximum size of FHA … (2 comments)

preforeclosures: Montgomery County, Maryland Weekly Real Estate Report: Foreclosures & Short Sales Update - 05/16/11 04:01 AM
Montgomery County, Maryland Weekly Real Estate Report:  Foreclosures & Short Sales Update
Only 3% of the homes for sale are lender owned foreclosures.
In Montgomery County, MD, there is a shortage of available properties in some price segments and many of the well priced properties, including lender owned foreclosures, are attracting multiple contracts. Home buyers that start out thinking that they should make low offers are finding that they are competing with others and may actually need to pay more than the asking price for some homes.
It is a time of great opportunity for home buyers and real estate investors. … (3 comments)

preforeclosures: Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update - 05/12/11 05:08 AM
Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update  
Prospective home buyers are taking action this spring. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of the upward pressure on interest rates.  The maximum size of FHA … (1 comments)

preforeclosures: Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 05/10/11 08:04 AM
Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update
The attractive housing market will encourage prospective home buyers to make their purchase decisions this spring. Timing is critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase. By the way, first time buyers are defined as those that have not owned a home during the past three years.
All of these positive dynamics … (5 comments)

preforeclosures: Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 05/10/11 07:37 AM
Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update  
Home buyers are very active this spring. Timing is critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.  
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of the upward pressure on interest rates. The maximum size of FHA … (1 comments)

preforeclosures: Montgomery County, Maryland Weekly Real Estate Report: Foreclosures & Short Sales Update - 05/09/11 05:17 AM
Montgomery County, Maryland Weekly Real Estate Report:  Foreclosures & Short Sales Update
Only 3% of the homes for sale are lender owned foreclosures.
The beautiful spring weather is getting families excited about purchasing a new home. However, they are seeing the news that the real estate market is now in a double dip mode and will be a long time before recovery. The metro market of Washington, DC is ahead of most of the major markets and appears to be recovering quite nicely from the housing recession. The national market is good to talk about but all need to look to … (0 comments)

preforeclosures: Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update - 05/05/11 07:59 AM
Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update  
Prospective home buyers need to take action this spring. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of the upward pressure on interest rates.  The maximum size of … (4 comments)

preforeclosures: Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 05/03/11 03:29 AM
Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update  
Home buyers are very active this spring. Timing is critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.  
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of the upward pressure on interest rates. The maximum size of FHA … (7 comments)

preforeclosures: Montgomery County, Maryland Weekly Real Estate Report: Foreclosures & Short Sales Update - 05/02/11 03:16 AM
Montgomery County, Maryland Weekly Real Estate Report:  Foreclosures & Short Sales Update
Only 3% of the homes for sale are lender owned foreclosures.
It is a time of great opportunity for home buyers and real estate investors.  Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase. By the way, a first time buyer is defined as one that has not owned a home during the past three years
All … (4 comments)

preforeclosures: Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update - 04/28/11 04:17 AM
Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update  
Prospective home buyers need to take action this spring. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of the upward pressure on interest rates.  The maximum size of … (1 comments)

preforeclosures: Montgomery County, Maryland Weekly Real Estate Report: Foreclosures & Short Sales Update - 04/18/11 05:08 AM
Montgomery County, Maryland Weekly Real Estate Report:  Foreclosures & Short Sales Update
Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of the upward pressure on interest rates.  The maximum size of FHA loans is expected to go down and the down payment requirements are expected to go up. … (1 comments)

preforeclosures: Montgomery County, Maryland Weekly Real Estate Report: Foreclosures & Short Sales Update - 04/11/11 03:42 AM
Montgomery County, Maryland Weekly Real Estate Report:  Foreclosures & Short Sales Update
Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of the upward pressure on interest rates. FHA mortgage insurance premiums are scheduled to increase on April 18th. The maximum … (2 comments)

 


Listings

Links

Archives

RSS 2.0 Feed for this blog