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Anthony Dashtizadeh (Dash-T-Za-Day)

Fannie And Freddie, Changed?

Today Freddie Mac and Fannie May were taken over by the government. This is a milestone, in the current housing situation and hints at many more changes to come.

Namely, does this signify the bottom of the housing market? Many think so.

Mortgages rates dropped almost a 1/2 percent today for home buyers.

I think the most interesting questions in our area markets is; the upper echelons of the housing markets in the D.C. metro areas are doing quite fine. How will this affect our market?

The government taking over these two firms will positively effect our market in a great way. There will be more money to lend and it will be easier to obtain a loan, for qualified buyers.

If you are in the market to buy a home, or if you are considering to buy a home; seriously think about purchasing by the end of the year before you miss the boat.

I have a great 10 step information guide on how to buy a home and what expect. Just go to www.luxurySalesGroup.com or email me at Realtorpro@aol.com to request your FREE guide. There are also many other guides to choose from on the website.

Anthony Dash

240.353.3163

Realtorpro@aol.com

WWW.LuxurySalesGroup.com

For many home buyers of sellers who are interested in homes for sale in potomac, bethesda and chevy chase there is a wealth of info at you fingertips. Being more informed and listings, homes for sales and selling your home We are ranked as the #1 real estate agent// agency in Potomac Md. Check us out. WWW.LuxurySalesGroup.com

The High End Home Markets Is Alive and Well

The High End Home Markets Is Alive and Well in the Metro of DC

The luxury Market of Real Estate is going strong in the Metropolitan areas of DC.

This is great news considering the lackluster performance of the national real estate market.

Looking at the chart below; I would like to highlight a couple of items:

1. Most transactions are being sold between the 1-30 day period, mostly with the use of conventional loans.

2. With this being said, in Montgomery county alone, there are 881 and homes on the market over a million dollars. This suggests that sellers are starting to recognize that now is an attractive time to sell a home. Prices have held firmly and buyers would like to get their foot in the door before interests rates get out of hand.

CEO OF LUXURY SALES GROUP INC

ANTHONY DASHTIZADEH

240.353.3163 : MOBILE

REALTORPRO@AOL.COM ; ANTHONY@LUXURYSALESGROUP.COM

WWW.LUXURYSALESGROUP.COM

Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator - <$100K to >$5M Format

Montgomery County, MD
From: 07/01/2008 to 07/31/2008 Statistics generated on: 08/07/2008

Residential
Unit Sales
Number of Bedrooms

Active Listings

Time on Market

Price Class

2
Or Less


3

4
or More

Condo
Coop

Ground
Rent

Residential

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

0

0

0

1

0

3

35

0

1 -30 Days

268

$100,000 - 149,999

2

1

0

7

0

9

148

0

31-60 Days

155

$150,000 - 199,999

3

9

2

35

0

130

329

0

61 - 90 Days

153

$200,000 - 249,999

8

21

7

35

0

362

350

0

91-120 Days

93

$250,000 - 299,999

2

39

11

33

0

605

213

0

Over 120 Days

198

$300,000 - 349,999

8

41

29

25

0

575

124

0

Total

867

$350,000 - 399,999

5

36

32

26

0

604

87

0

$400,000 - 449,999

4

19

32

9

0

415

40

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 - 499,999

2

22

29

4

0

382

33

0

$500,000 - 599,999

1

18

64

7

0

539

45

2

Conventional

546

$600,000 - 699,999

1

14

46

4

0

349

16

0

FHA

184

$700,000 - 799,999

1

6

36

2

0

241

10

0

VA

19

$800,000 - 899,999

0

4

28

0

0

158

6

0

Assumption

41

$900,000 - 999,999

0

2

12

2

0

133

3

0

Cash

64

$1,000,000 - 2,499,999

0

1

72

4

0

499

30

1

Owner Finance

1

$2,500,000 - 4,999,999

0

0

3

0

0

70

2

0

All Other

12

$5,000,000 & Over

0

0

0

0

0

12

1

0

Unreported

0

Totals

37

233

403

194

0

5086

1472

3

Total

867

Grand Totals

867 6561
2008 2007 % Change
Total Sold Dollar Volume: $ 460,552,815 $ 611,024,814 - 24.63 %
Average Sold Price: $ 531,203 $ 601,995 - 11.76 %
Median Sold Price: $ 408,000 $ 490,000 - 16.73 %
Total Units Sold: 867 1,015 - 14.58 %
Average Days on Market: 92 68 35.29 %
Average List Price for Solds: $ 579,936 $ 631,522 - 8.17 %
Avg Sale Price as a
percentage of Avg List Price:
91.60 % 95.32 %
Total Number of NEW listings
taken for the month: 1569

Total Number of Properties
marked Contract for the month: 509
Total Number of Properties
marked Contingent for the month: 373

Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 882

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2008 - Information deemed reliable, but is not guaranteed.

The High End Home Markets Is Alive and Well

The High End Home Markets Is Alive and Well in the Metro of DC

The luxury Market of Real Estate is going strong in the Metropolitan areas of DC.

This is great news considering the lackluster performance of the national real estate market.

Looking at the chart below; I would like to highlight a couple of items:

1. Most transactions are being sold between the 1-30 day period, mostly with the use of conventional loans.

2. With this being said, in Montgomery county alone, there are 881 and homes on the market over a million dollars. This suggests that sellers are starting to recognize that now is an attractive time to sell a home. Prices have held firmly and buyers would like to get their foot in the door before interests rates get out of hand.

CEO OF LUXURY SALES GROUP INC

ANTHONY DASHTIZADEH

240.353.3163 : MOBILE

REALTORPRO@AOL.COM ; ANTHONY@LUXURYSALESGROUP.COM

WWW.LUXURYSALESGROUP.COM

Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator - <$100K to >$5M Format

Montgomery County, MD
From: 07/01/2008 to 07/31/2008 Statistics generated on: 08/07/2008

Residential
Unit Sales
Number of Bedrooms

Active Listings

Time on Market

Price Class

2
Or Less


3

4
or More

Condo
Coop

Ground
Rent

Residential

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

0

0

0

1

0

3

35

0

1 -30 Days

268

$100,000 - 149,999

2

1

0

7

0

9

148

0

31-60 Days

155

$150,000 - 199,999

3

9

2

35

0

130

329

0

61 - 90 Days

153

$200,000 - 249,999

8

21

7

35

0

362

350

0

91-120 Days

93

$250,000 - 299,999

2

39

11

33

0

605

213

0

Over 120 Days

198

$300,000 - 349,999

8

41

29

25

0

575

124

0

Total

867

$350,000 - 399,999

5

36

32

26

0

604

87

0

$400,000 - 449,999

4

19

32

9

0

415

40

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 - 499,999

2

22

29

4

0

382

33

0

$500,000 - 599,999

1

18

64

7

0

539

45

2

Conventional

546

$600,000 - 699,999

1

14

46

4

0

349

16

0

FHA

184

$700,000 - 799,999

1

6

36

2

0

241

10

0

VA

19

$800,000 - 899,999

0

4

28

0

0

158

6

0

Assumption

41

$900,000 - 999,999

0

2

12

2

0

133

3

0

Cash

64

$1,000,000 - 2,499,999

0

1

72

4

0

499

30

1

Owner Finance

1

$2,500,000 - 4,999,999

0

0

3

0

0

70

2

0

All Other

12

$5,000,000 & Over

0

0

0

0

0

12

1

0

Unreported

0

Totals

37

233

403

194

0

5086

1472

3

Total

867

Grand Totals

867 6561
2008 2007 % Change
Total Sold Dollar Volume: $ 460,552,815 $ 611,024,814 - 24.63 %
Average Sold Price: $ 531,203 $ 601,995 - 11.76 %
Median Sold Price: $ 408,000 $ 490,000 - 16.73 %
Total Units Sold: 867 1,015 - 14.58 %
Average Days on Market: 92 68 35.29 %
Average List Price for Solds: $ 579,936 $ 631,522 - 8.17 %
Avg Sale Price as a
percentage of Avg List Price:
91.60 % 95.32 %
Total Number of NEW listings
taken for the month: 1569

Total Number of Properties
marked Contract for the month: 509
Total Number of Properties
marked Contingent for the month: 373

Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 882

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2008 - Information deemed reliable, but is not guaranteed.

The High End Home Markets Is Alive and Well

The High End Home Markets Is Alive and Well in the Metro of DC

The luxury Market of Real Estate is going strong in the Metropolitan areas of DC.

This is great news considering the lackluster performance of the national real estate market.

Looking at the chart below; I would like to highlight a couple of items:

1. Most transactions are being sold between the 1-30 day period, mostly with the use of conventional loans.

2. With this being said, in Montgomery county alone, there are 881 and homes on the market over a million dollars. This suggests that sellers are starting to recognize that now is an attractive time to sell a home. Prices have held firmly and buyers would like to get their foot in the door before interests rates get out of hand.

CEO OF LUXURY SALES GROUP INC

ANTHONY DASHTIZADEH

240.353.3163 : MOBILE

REALTORPRO@AOL.COM ; ANTHONY@LUXURYSALESGROUP.COM

WWW.LUXURYSALESGROUP.COM

Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator - <$100K to >$5M Format

Montgomery County, MD
From: 07/01/2008 to 07/31/2008 Statistics generated on: 08/07/2008

Residential
Unit Sales
Number of Bedrooms

Active Listings

Time on Market

Price Class

2
Or Less


3

4
or More

Condo
Coop

Ground
Rent

Residential

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

0

0

0

1

0

3

35

0

1 -30 Days

268

$100,000 - 149,999

2

1

0

7

0

9

148

0

31-60 Days

155

$150,000 - 199,999

3

9

2

35

0

130

329

0

61 - 90 Days

153

$200,000 - 249,999

8

21

7

35

0

362

350

0

91-120 Days

93

$250,000 - 299,999

2

39

11

33

0

605

213

0

Over 120 Days

198

$300,000 - 349,999

8

41

29

25

0

575

124

0

Total

867

$350,000 - 399,999

5

36

32

26

0

604

87

0

$400,000 - 449,999

4

19

32

9

0

415

40

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 - 499,999

2

22

29

4

0

382

33

0

$500,000 - 599,999

1

18

64

7

0

539

45

2

Conventional

546

$600,000 - 699,999

1

14

46

4

0

349

16

0

FHA

184

$700,000 - 799,999

1

6

36

2

0

241

10

0

VA

19

$800,000 - 899,999

0

4

28

0

0

158

6

0

Assumption

41

$900,000 - 999,999

0

2

12

2

0

133

3

0

Cash

64

$1,000,000 - 2,499,999

0

1

72

4

0

499

30

1

Owner Finance

1

$2,500,000 - 4,999,999

0

0

3

0

0

70

2

0

All Other

12

$5,000,000 & Over

0

0

0

0

0

12

1

0

Unreported

0

Totals

37

233

403

194

0

5086

1472

3

Total

867

Grand Totals

867 6561
2008 2007 % Change
Total Sold Dollar Volume: $ 460,552,815 $ 611,024,814 - 24.63 %
Average Sold Price: $ 531,203 $ 601,995 - 11.76 %
Median Sold Price: $ 408,000 $ 490,000 - 16.73 %
Total Units Sold: 867 1,015 - 14.58 %
Average Days on Market: 92 68 35.29 %
Average List Price for Solds: $ 579,936 $ 631,522 - 8.17 %
Avg Sale Price as a
percentage of Avg List Price:
91.60 % 95.32 %
Total Number of NEW listings
taken for the month: 1569

Total Number of Properties
marked Contract for the month: 509
Total Number of Properties
marked Contingent for the month: 373

Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 882

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2008 - Information deemed reliable, but is not guaranteed.

The High End Home Markets Is Alive and Well

The High End Home Markets Is Alive and Well in the Metro of DC

The luxury Market of Real Estate is going strong in the Metropolitan areas of DC.

This is great news considering the lackluster performance of the national real estate market.

Looking at the chart below; I would like to highlight a couple of items:

1. Most transactions are being sold between the 1-30 day period, mostly with the use of conventional loans.

2. With this being said, in Montgomery county alone, there are 881 and homes on the market over a million dollars. This suggests that sellers are starting to recognize that now is an attractive time to sell a home. Prices have held firmly and buyers would like to get their foot in the door before interests rates get out of hand.

CEO OF LUXURY SALES GROUP INC

ANTHONY DASHTIZADEH

240.353.3163 : MOBILE

REALTORPRO@AOL.COM ; ANTHONY@LUXURYSALESGROUP.COM

WWW.LUXURYSALESGROUP.COM

Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator - <$100K to >$5M Format

Montgomery County, MD
From: 07/01/2008 to 07/31/2008 Statistics generated on: 08/07/2008

Residential
Unit Sales
Number of Bedrooms

Active Listings

Time on Market

Price Class

2
Or Less


3

4
or More

Condo
Coop

Ground
Rent

Residential

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

0

0

0

1

0

3

35

0

1 -30 Days

268

$100,000 - 149,999

2

1

0

7

0

9

148

0

31-60 Days

155

$150,000 - 199,999

3

9

2

35

0

130

329

0

61 - 90 Days

153

$200,000 - 249,999

8

21

7

35

0

362

350

0

91-120 Days

93

$250,000 - 299,999

2

39

11

33

0

605

213

0

Over 120 Days

198

$300,000 - 349,999

8

41

29

25

0

575

124

0

Total

867

$350,000 - 399,999

5

36

32

26

0

604

87

0

$400,000 - 449,999

4

19

32

9

0

415

40

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 - 499,999

2

22

29

4

0

382

33

0

$500,000 - 599,999

1

18

64

7

0

539

45

2

Conventional

546

$600,000 - 699,999

1

14

46

4

0

349

16

0

FHA

184

$700,000 - 799,999

1

6

36

2

0

241

10

0

VA

19

$800,000 - 899,999

0

4

28

0

0

158

6

0

Assumption

41

$900,000 - 999,999

0

2

12

2

0

133

3

0

Cash

64

$1,000,000 - 2,499,999

0

1

72

4

0

499

30

1

Owner Finance

1

$2,500,000 - 4,999,999

0

0

3

0

0

70

2

0

All Other

12

$5,000,000 & Over

0

0

0

0

0

12

1

0

Unreported

0

Totals

37

233

403

194

0

5086

1472

3

Total

867

Grand Totals

867 6561
2008 2007 % Change
Total Sold Dollar Volume: $ 460,552,815 $ 611,024,814 - 24.63 %
Average Sold Price: $ 531,203 $ 601,995 - 11.76 %
Median Sold Price: $ 408,000 $ 490,000 - 16.73 %
Total Units Sold: 867 1,015 - 14.58 %
Average Days on Market: 92 68 35.29 %
Average List Price for Solds: $ 579,936 $ 631,522 - 8.17 %
Avg Sale Price as a
percentage of Avg List Price:
91.60 % 95.32 %
Total Number of NEW listings
taken for the month: 1569

Total Number of Properties
marked Contract for the month: 509
Total Number of Properties
marked Contingent for the month: 373

Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 882

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2008 - Information deemed reliable, but is not guaranteed.