We are seeing our share of foreclosures, however, we also see the market picking up. What an opportunity for first time buyers, for families looking to move up and for investors. I am seeing homes in great condition, updated etc. at foreclosure prices but not foreclosures.
In Bethesda, Maryland, homes are again affordable. A beautiful, 5 bedroom, 4 full bath home for only $725,000, while in Urbana, Maryland homes less than 5 years old which were purchased at $700,000 selling today for only $500,000. Jump on the bandwagon, and purchase a home today. The only time you will know the market has bottomed out is when it is on the way up.
In Montgomery Village, I sold in January a 4 bedroom, 3 full bath garage townhome in mint condition at $299,000 in 10 days. We have a darling 2 master suite garage town-home for only $279,500 in the same location. Home prices range from $200,000 to $700,000. Montgomery Village is community designed with lots of green space, a lake with geese/ducks and row boats/sailfishes, 6 pools, tennis courts, bike trails, and close to the Metro. This community is about 20 miles from DC. A wonderful place to walk your dog.
Another area is the Kentlands, this was designed to represent a 19th century town, including alleys. Walk to shopping, to "Whole Foods", restaurants, movie theater and schools. This community is about 15 years old with home prices beginning around $400,000+.
Look to my blog on a weekly basis to find out what is happening in the above communities.
Bunny Land at Butlers Orchard March 20,21,22,24,29,&30. www.butlersorchard.com
The Boy Scout Troop 1988 held a food drive in Montgomery Village which brought 115 bags of food to Gaithersburg Help.
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