The first thing that any home buyer should do is contact a Realtor who specializes in your local market. This is especially imperative for any first time home buyers. You will be pleasantly surprised how much easier your outlook on buying a home will be. A Realtor will be able to create a buyer plan that meets your particular needs along with setting you up with a reputable lender to find out what loan programs including a FHA option will best suit you. Good Luck!

Tue Jul 22 2008, 14:26

Well, did you find that prices have fallen since your request? I think that there is a greater selection of homes and you can get a bit more for your money now.

Sat Jul 19 2008, 03:36

There are many speculators out there waiting to buy because they are hoping to "time" the market and buy at the very bottom. The question no one can answer is: when will the bottom come? We will only know we've reached bottom when prices begin to rise again, and once that happens, well, we're no longer at the bottom. Further, a buyer might save on the purchase price by waiting but very well may end up paying more due to higher interest rates.

Fri Jun 6 2008, 18:30

FH, great feedbacks from all agents! Now is the best time to buy! Lower Price + Lower Rate = Buying Time. When you ready to look and move on with your purchase, keep in-mind, I work for FREE*, and you get 20% REBATE toward your purchase! Wow!
Call or email me today!
Reza

*Seller will pay buyer agents commission from your behalf!

Sat Mar 22 2008, 21:15

This is a great neighborhood to invest in if you are considering buying a townhome. It is close to metro,
all the highways -495 and shopping and schools-I think its a great area to invest and live in;
I know it very well as a native Washingtonian- My main office is located in 20852 off Woodglen Drive.

Fri Mar 21 2008, 20:03

If you want to find out how much home you can qualify for contact me.
Steve Abelman
FreeStar Financial
Rockville, Md
301-468-0900

Sun Mar 16 2008, 15:26

I just did a CMA for someone with a townhouse in this zip code. They bought in December 2004, and compared to the house that just sold this January in their neighborhood, they have a good chance to gain about 10 to 12%. When most localities are declining or stagnating, theirs has gained 3 or 4% per year, that is good for this market. And yes, its a great time to buy.
The rule of thumb that I like to use is, if you are going to be in a location for 5 or more years, you are most likely to experience an increase in value, enough to net you some cash to get into your next house. A normal, healthy market gain is about 4 to 6% a year. The market gains of 20% a year that we experienced between 2001 and 2005 are not normal. Now we find ourselves in a stall or decline, depending on the location, waiting for affordability to catch up.
With the recent FHA limit raised, and the programs like the Nehemiah program, which allow sellers to pay up to 6% of the buyer's closing costs and down payment, its a great time for first time home buyers to get into home ownership.
I might have a townhouse coming on the market soon. Visit my website and shoot me an email if you want more info.

Wed Mar 12 2008, 06:45

Dear Buyer, The best time to purchase a home is, in the Buyers Market! If you been thinking that I should buy or wait, Buy! Why? Low Prices + Low Rates = Best Time to Buy

Don’t wait to buy a Real Estate, Buy Real Estate and wait!

Homeowners and homebuyers demand for great location close to shopping centers, restaurants, amenities, transportation, schools, easy access to Hwy, and more!

Get FREE Market Snapshot on selected zip code.

Regards,

Reza Khodadad
Real Estate Consultant
www.RezaProperties.com

Tue Mar 11 2008, 10:23

I am a firm believer in this being a great time to buy Real Estate. Low interest rates and lots of inventory make for some very attractive deals. It is impossible to "time" the market. As a first-time buyer with plans to occupy the property for 5-6 years , in most cases that is a better choice than renting.

The 20852 zip code provides for a good location in Montgomery County. It is not insulated from the "correction" of the past 2 years, but has seen less downward pressure than many other zip codes in the County.

Let me know if you would like more specifics. I can be reached at 301-528-REED (7333).

Rick Reed
Congressional Residential Realty
Rockville, MD

Mon Mar 10 2008, 14:50