In Montgomery County, days on market have fallen to HALF what they were last year at this time, and sales are up 23.3%, but the median sales price *fell* by 2%. Bottom line: you could make up in interest savings what you sacrifice in sales price, by selling in today’s market. But you have to be priced and positioned correctly.

Median sold price edged down 3.5% from last year, but dollar volume and number of homes sold are both up solidly, while avg days on market fall from 118 to 72.

Poolesville High School is ranked number 59 in the nation! Way to go, POOLESVILLE!!!

Two key government programs that have kept home ownership more affordable than ever wind down to their completion. Let’s get it started!

The homebuyer’s tax credit ends April 30. Thinking of buying? Then the time to act, my friend, is RIGHT NOW!!!!

FHA announced SIGNIFICANT future modifications to its loan program, and this will affect countless thousands of home buyers. Here are the facts.

Great detailed information on the qualifications for the newly extended and expanded hombuyers Federal tax credit.

The bill primarily is concerned with extending unemployment benefits, and is currently amended to include the extension of an $8,000 tax credit for those buying their first homes as well as an $6,500 tax credit for some borrowers buying a home for a second time.

In light of the current economy, families are re-prioritizing and finding ways to do more with less. When it comes to housing, some families are also deciding that less is more.

Freddie Mac said the average rate for 30-year fixed mortgage dropped 0.21% to an average 5.38% for the week ending June 18. Mortgage rates have been on the rise in the last few weeks, so this decrease is good news for the housing industry.  Mortgage applications follow rates, and drop as rates increase.  Analysts are [...]