Author: dankrell
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New neighborhood – new homes Rockville MD
EYA has started building and sales for their Westside at Shady Grove community. The community is said to be a “…thoughtfully planned 90-acre neighborhood…” that will have parks, libraries, schools, community center, shops and restaurants. EYA is currently building 400 “sleek and spacious” townhomes that are to be a short walk to amenities. Features include…
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More listings and sales, but data may point to rocky road ahead
May 2015 was a decent month for Montgomery County MD home sales. Closed transactions increased about 6% compared to the same time last year, and increased about 2% from 2013. May’s contracts decreased about 25% year over year; while newly listed homes increased about 3% year over year. Average home sale prices have decreased during…
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Luxury home lifestyles – new homes in Gaithersburg MD
Wormald Homes is now offering has luxury lifestyle homes in Crown, Gaithersburg MD. Their city home lifestyle offers a number of options and possible amenities; such as Three-Car Garages; Penthouse Lofts; Elevators; Viking Appliances; 10 ft. ceilings; Modern island Kitchens open to Great Room, Sunroom, and Grand Terrace; Owner’s Retreats’ Rooftop Living Terrace; Rooftop Dining…
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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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A word on negotiating your home sale
The “first rule” of negotiation is to not be emotional. However, many decisions about buying and selling a home are often based on emotion; furthermore, home buyer’s and seller’s expectation and anticipation can also influence decisions. Stick to the facts. Armed with data and facts, there is less guessing and you are more likely to…
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New Luxury Homes in Olney MD
Luxury new homes in Olney MD by Toll Brothers Trotters Glen A new home community by Toll Brothers
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Maryland February sales strong
The Maryland Association of Realtors reported that home sales are reaching equilibrium as February sales increased 16.3% compared to February 2014, but average home prices fell 3.8%, according to the March 24th press release. Home absorption has increased as Home listing inventory increased 7.3%, while there has been a slight decline in months of inventory.…
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