MoCoRealEstate

Archive for May, 2009

Paradise in Your Back Yard

May 27th, 2009 Categories: North Potomac

This great home features some great amenities.  The family room has a brick fireplace and dramatic cathedral ceiling with skylights.  You’ll find hardwood floors and custom built-ins throughout.  It may well have the perfect back yard – lush, level and backing to parkland.  See huge pics and details at www.BacksToPark.com.

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Delightful brick home in Whetstone

May 25th, 2009 Categories: Gaithersburg

Not that long ago, finding a brick, four bedroom home in Montgomery County for under $500,000 was unthinkable.  Today, this fantastic home is available in the low $400s.  With four sides brick, hardwood flooring on the main levels and a bright walk-out lower level, this home is an unbeatable value.  Tour big pictures and see all the details at www.BlueWillowLane.com.

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Housing inventory continues to shrink in Montgomery County

May 24th, 2009 Categories: Market Updates

Does it seem like there are fewer homes available in Montgomery County?  Jeannette and I have had the same feeling while working with our buyers over the last several weeks.  A snapshot of housing inventory confirms that supply continues to shrink.  From mid April to mid May, the total inventory of available homes went down to just over 4,300 homes – a reduction of 5%.  The number of distress and bank properties went down even more – down 13% from last month.

I absolutely do believe that we’ve found a bottom for entry level homes in Montgomery County.  We’ve seen sustained transaction volume there and distress properties are definitely being removed from the market.  Anecdotally, I feel like the market for homes in the $500Ks to $600Ks are firming up as well.  This is definitely the case in North Potomac, Darnestown and Germantown.  I’ll run some stats soon to see if the data backs me up on this.

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Do you have questions about the Montgomery County real estate market? Call us at 301-527-9079 or send an email for more info about buying, selling and living in Montgomery County, Maryland.

Posted by Bruce Lemieux | Leave A Comment

Breath-taking Home in Potomac Grove

May 14th, 2009 Categories: North Potomac

This DR Horton home sparkles throughout.  Stepping into the wide foyer with sweeping center stair case is breath taking.  The main level living space is fantastic with bright custom kitchen and spacious family room.  Discover big rooms and outstanding features throughout. See more huge pictures .

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Running nonstop from Gettysburg to D.C.

May 4th, 2009 Categories: Things to Do

Montgomery County, Maryland and the entire Metro D.C. area is a fantastic place for runners.  It’s tough to find a weekend when you’re not a quick drive to a race.  Last week, Jeannette and I participated in the American Odyssey Relay which is a a 200 mile relay from Gettysburg, Pennsylvania to Washington D.C.  The organizers did a phenomial job especially considering this was the inaugural event.

The running was fun, but the best part was hanging out with some great running buddies for 36 hours.  I took some video capturing the highlights.  Start training for 2010!

Posted by Bruce Lemieux | 8 Comments »