Market Conditions in Montgomery County : Real Estate Advice

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Miekeba Jones, Real Estate Pro in Silver Spring, MD
Miekeba Jones answered:
What's the market like in Silver Spring?
The Market is Lovely in Silver Spring!! I have a client relocating to Silver Spring soon!!
0 votes Share Flag Thu Jan 31, 2013 Market Conditions in Silver Spring
Shelley Green, Real Estate Pro in Bethesda, MD
Shelley Green answered:
What is the current avg cost of a three bedroom home in Germantown MD?
The average sold peice for a detached 3 bedroom home in all of Germantown for the past 12 months is $324,741. The average list price was $331,683. Please keep in mind this includes shor ... more
0 votes Share Flag Mon May 6, 2013 Market Conditions in Germantown
Alison Hillm…, Other/Just Looking in San Francisco, CA
Alison Hillman answered:
what are the condo fees and what is included?
Hi Jackie,

That's a good question! You should work directly with an agent who can help you learn more about that specific property (and probably will know a lot about similar propert ... more
0 votes Share Flag Wed May 15, 2013 Market Conditions in Rockville
Brinklowboy, Home Owner in Brinklow, MD
Brinklowboy answered:
where is th closest metro statio n to washington dc?
There is no metro. Forget about it. Drive. Metro sucks anyway, and it would actually be cheaper to drive, unless the feds are paying your fare, in which case, buy a little house in Arli ... more
0 votes Share Flag Fri Jul 20, 2012 Market Conditions in Potomac
Greg Myers, Real Estate Pro in Gaitherburg, MD
Greg Myers answered:
What is the value of a 2 bedroom townhouse on Azalea DR?
There have been 2 settlements of 2 bedroom townhomes in the Regent Square subdivision Azalea drive is located in. One 2 bedroom settled at $249,000 and the 2nd townhome settled at $256, ... more
0 votes Share Flag Mon Nov 3, 2014 Market Conditions in Rockville
Jessica Hood…, Real Estate Pro in Gambrills, MD
Jessica Hood & Laura Roskelly answered:
what is the marekt like in 20814? what is the price per square foot vs. 2011? What is inventory now?
Hi Harsich,

The general market climate is MD is great. We are defying all National statistics especially since 1/2012. Our area generally does not calculate value based on a per s. ... more
0 votes Share Flag Sun Feb 10, 2013 Market Conditions in Bethesda
Molly Carter, Real Estate Pro in North Bethesda, MD
Molly Carter answered:
Please let me know Market condition in Germantown, MD 20874 zipcode.
Hi Sajan,
Market conditions depend on quite a few factors and what you are looking for with a specific market. For example, there are numerous first time buyers and investors competing ... more
0 votes Share Flag Thu Apr 11, 2013 Market Conditions in Germantown
Piero Marinu…, Real Estate Pro in Silver Spring, MD
Piero Marinucci answered:
What is the price movement do agents see after ICC completed along the north Silver Spring stretch?
I haven't noticed any major movement at this point, but I expect the new highway will spur development along its path.
0 votes Share Flag Sat Feb 9, 2013 Market Conditions in 20906
Jessica Hood…, Real Estate Pro in Gambrills, MD
Jessica Hood & Laura Roskelly answered:
Cost per square foot new construction in Chevy Chase, Md
Hi Greg,

We don't normally deal in cost per s.f. in Maryland. But rather use comparable sales data found in the MLS. Any local Realtor should be happy to prepare a CMA for yo ... more
0 votes Share Flag Fri Feb 22, 2013 Market Conditions in 20910
Ariana Loucas, Real Estate Pro in National Harbor, MD
Ariana Loucas answered:
We bought our dream home in MD in Jun.07, when home prices were declining, but the decline continued. When will home values return to Jun07 levels?
Dear Kiamf,
That is a good question and a hard one to call. Without having your exact address to assess how much the home value has lost, answering it is even more difficult. I special ... more
0 votes Share Flag Tue Nov 2, 2010 Market Conditions in Laytonsville
Craig Rosenf…, Real Estate Pro in Gaithersburg, MD
Craig Rosenfeld answered:
Are prices still going down in Gaithersburg?
Hi Fiona,

Quick answer..No! Prices have been increasing steadily in Gaithersburg and throughout the region. The June 2013 statistics were just released and the average sold price wa ... more
0 votes Share Flag Thu Jul 11, 2013 Market Conditions in Gaithersburg
Piero Marinu…, Real Estate Pro in Silver Spring, MD
Piero Marinucci answered:
How can I determine the current value of my Leisure World 2 bedroom, 2 bath condo (1,095 sq.ft.)
Reggie, all you need is a local REALTOR. Send me an email with your address, and I'll let you know what it may be worth in today's market.

You could also pay an appraiser ... more
0 votes Share Flag Sat Sep 28, 2013 Market Conditions in 20906
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Is there a current problem with banks not lending?
Fortunantely or unfortunately, banks are much more stringent when it comes to making loans, they do require lots of financial documentations, etc.; therefore not as easy to qualify as i ... more
0 votes Share Flag Tue Jul 13, 2010 Market Conditions in Gaithersburg
Lewis Poretz…,  in Annapolis, MD
Lewis Poretz - MARYLAND 203K Renovation Loans answered:
Is there a current problem with banks not lending?
YES - it is called Lender Overlays. The FED said yesterday that banks and lenders are impeding lending and that they should do all they can to help consumers....

"Should do?&quo ... more
0 votes Share Flag Tue Jul 13, 2010 Market Conditions in Gaithersburg
Brian Gormley,  in Montgomery County, MD
Brian Gormley answered:
I live in a townhome on westlake terrace admist many condos. The value of our townhome is difficult to assess considering there are only 4-5 comps
In my experience, zillow, BoA and other value sites can be RADICALLY off-based. It is not infrequent that those two sites are $100,000 different in value on a $250,000 house! Answer t ... more
0 votes Share Flag Sun Aug 7, 2011 Market Conditions in Bethesda
Carolyn Thom…, Real Estate Pro in Rockville, MD
Carolyn Thompson answered:
Have list prices increased in Bethesda, since this time last year.
Yes, list prices are up more than 6%. In addition, there are a low number of foreclosures and short sales in Bethesda.

Feel free to contact us if you have a Bethesda MD homes for sa ... more
0 votes Share Flag Sun Feb 10, 2013 Market Conditions in Bethesda
Utz Real Est…,  in Westminster, MD
Utz Real Estate answered:
What is the deal with 58 Sheridan? I know the bank owns the project, but how do homeowners get exterior work completed? is there an HOA? We are
Chad,

I see you are asking about 58 Sheridan, however I'm unable to find any listings that are active or that have been sold recently to give you any information. Can you give ... more
0 votes Share Flag Mon Jan 25, 2010 Market Conditions in Gaithersburg
Kathy Dawson, Real Estate Pro in Crofton, MD
Kathy Dawson answered:
Does the high inventory & low number of sales in Germantown mean prices will fall further?
You are so right, it does appear that we have hit the bottom. The inventory level in your area might possibly appear to be high due to the way the homes are priced. They might be pric ... more
0 votes Share Flag Fri Apr 20, 2012 Market Conditions in Germantown
Bob Myers, Real Estate Pro in Rockville, MD
Bob Myers answered:
At this point, should we give another try to selling or keep renting?
There has been alot of activity in Montgomery County especially with the first time homebuyers tax credit stimulating demand. Germantown has been hard hit with foreclosures and short s ... more
0 votes Share Flag Mon Oct 12, 2009 Market Conditions in 20874
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