Month: May 2015
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Maryland announces mortgage program for active duty and veterans
A $20 million initiative was announced to assist veterans and military families to buy a home. The “You’ve Earned It!” program offers low mortgage and significant down payment assistance. Governor Larry Hogan was quoted in a press release from the Governor’s office, ““I am very proud of this new initiative, which helps our brave men…
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What’s in store for housing and the economy – a look ahead
The National Association of Realtors® posted on May 14th a slideshow on Economic and Market issues and outlook. The slides show home price trends increasing, and seasonal differences in pending and home sales; as well as projections of home sales into 2016. Graphs also depict declining affordability; as well as regional differences (Northeast trend is…
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Montgomery MD home sales lukewarm as home prices increase
The good news (for home owners) is that average home sale prices continue to climb, as there has been 1% year over year increase for April. But If you’re following Montgomery County MD home sales, April 2015 sold homes increased 10% from last year, but is 2% lower from the same in 2013, and 8%…
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