Germantown Real Estate News
Real Estate news for Germantown, MD continually updated from thousands of sources.
Jul 18, 2015 | via The Maryland Gazette
Now that we're through the first half of 2015, we thought it would be a good time to take a snapshot of the market and see how we're doing. For the purposes of this exercise, we'll examine the number of homes sold, median prices, days on the market and the number of active listings. Comment?
Jul 15, 2015 | via Daily Record
This appeal involves a commercial real estate loan that, like many in the latter part of the last decade did, went into default. The lead lender, Carrollton Bank , first took a deed in lieu of foreclosure, then tried to sell the project. Comment?
Jul 14, 2015 | via The Washington Post
This rendering shows what Octave 1320, a new nine-story condominium development at 1320 Fenwick Lane in Silver Spring, is expected to look like upon completion in the fall. Herbert Casey has watched the transformation of Silver Spring from quiet suburb to a vibrant hub of restaurants and nightlife during his lifetime residency in the Montgomery County suburb. Comment?
Jul 7, 2015 | via The Baltimore Sun
On OC rentals: "I just don't see how it's fair how they can tell you what to do at your home." An effort to restrict weekly rentals of single-family homes in Ocean City that went nowhere last summer is back on the agenda in a new form. Comment?
Jun 30, 2015 | via Patch.com
Kim Farina, regional vice president of Weichert, Realtors, announced that the Germantown/Upper Montgomery County office was recognized for outstanding performance in May. The office led the region, which is comprised of locations throughout Montgomery and Prince George counties, as well as surrounding areas in the District of Columbia, for resales and resale dollar volume. Invite in top neighborhood specialists from Weichert's Germantown/Upper Montgomery County office to learn about the real estate services that Weichert, Realtors has to offer. Comment?
Yesterday | via The Enterprise
They serve their communities every day, often without acknowledgement or thanks. They're the local heroes sometimes taken for granted: military members, veterans, law enforcement, firefighters, first responders, teachers, health care workers and others who dedicate their lives in service to the people of Southern Maryland. Comment?
Friday Aug 28 | via The Baltimore Sun
Ohio-based Safeguard Properties, which has faced claims across the country that it locked people out of their homes or took their belongings before the foreclosure process was complete, settled a complaint from the Maryland Attorney General Friday. Under the settlement, Safeguard, the nation's largest mortgage field services company, agreed to a host of reforms to its practices and to pay $167,000 in restitution to Marylanders allegedly harmed. Comment?
Wednesday Aug 26 | via Norwalk Citizen News
Sen. Ben Cardin is holding a roundtable discussion on the overall health of Prince George's County's housing market. The Maryland Democrat is meeting with county and state officials on Wednesday, as well as members of the nonprofit community. Comment?
Wednesday Aug 19 | via Hometown Annapolis
Prince George's County Executive Rushern L. Baker III believes the county is recovering from the recession and mortgage crisis of the last decade. Citing figures from the Maryland Department of Labor, Licensing and Regulation, Baker and members of his administration pointed to job growth and an increase in the median price and desirability of housing. Comment?
Wednesday Aug 12 | via WCBM-AM Pikesville
ANNAPOLIS, MD Governor Larry Hogan today announced Maryland Grand Slam, a $2 million program to build stronger communities in Baltimore through homeownership. These funds will be maximized with an additional $1 million from the City of Baltimore following today's approval by the city's spending board. Comment?
6 min ago | via Patch.com
FrontDoor Communities announces that its Enclave at Nash Springs community in Lilburn is being strongly received by prospective homeowners in the area. The community has experienced high traffic volume, with an average of 12 to 15 visitors per week. Comment?
7 min ago | via Phoenix Real Estate Guy
Brought to you by: Phoenix Real Estate Guy Of course there are really two different scenarios here. First is, you are planning on staying in the house. Comment?
7 min ago | via Business Journal
Strong interest in the city's Elmwood Village and Hertel Avenue districts has prompted the owners of a historic North Buffalo building to put it up for sale. The Pierce Arrow Building, located at 1685 Elmwood Ave., has been placed on the real estate market by its New York City-based owners, Pierce Arrow Holding LLC. The asking price for the 132,000-square-foot building that dates back to 1906 is $4.99 million. Comment?
7 min ago | via Housing Wire
The rate of defects found on mortgage loan applications is on the rise, according to a new report from First American Financial . First American's Loan Application Defect Index for July found that loan application defects rose 4.9% from June to July, rising to the second highest total of the year. Comment?
7 min ago | via Housing Wire
The composite National Mortgage Risk Index for Agency purchase loans stood at 12.09% in July, down 0.2 percentage point from the average for the prior three months, but up 0.6 percentage point from a year earlier. The monthly composite, produced by the American Enterprise Institute's International Center on Housing Risk, has increased year-over-year in every month since January 2014. Comment?
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