Best Time to Buy in the DC/Maryland/Virginia Area

We are seeing our share of foreclosures, however, we also see the market picking up.  What an opportunity for first time buyers, for families looking to move up and for investors.   I am seeing homes in great condition, updated etc. at foreclosure prices but not foreclosures. 

In Bethesda, Maryland, homes are again affordable.  A beautiful, 5 bedroom, 4 full bath home for only $725,000, while in Urbana, Maryland homes less than 5 years old which were purchased at $700,000 selling today for only $500,000.  Jump on the bandwagon, and purchase a home today.  The only time you will know the market has bottomed out is when it is on the way up.

In Montgomery Village, I sold in January a 4 bedroom, 3 full bath garage townhome in mint condition at $299,000 in 10 days.  We have a darling 2 master suite garage town-home for only $279,500 in the same location. Home prices range from $200,000 to $700,000. Montgomery Village is community designed with lots of green space, a lake with geese/ducks and row boats/sailfishes, 6 pools, tennis courts, bike trails, and close to the Metro.  This community is about 20 miles from DC.  A wonderful place to walk your dog.

Another area is the Kentlands, this was designed to represent a 19th century town, including alleys.  Walk to shopping, to "Whole Foods", restaurants, movie theater and schools.  This community is about 15 years old with home prices beginning around $400,000+. 

Look to my blog on a weekly basis to find out what is happening in the above communities. 

Bunny Land at Butlers Orchard  March 20,21,22,24,29,&30.  www.butlersorchard.com

The Boy Scout Troop 1988 held a food drive in Montgomery Village which brought 115 bags of food to Gaithersburg Help.

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