How Affordable Are The Kentlands in Gaithersburg Maryland?


If you are looking for a home in the Kentlands Gaithersburg. Let me share a secret with you…

We know that finding the perfect place to live takes a lot of time and consideration., 

You want to find the best area where you and your family feel the most comfortable. .

Choosing the Kentlands in Gaithersburg Maryland in my opinion is a no brainer, but you must fit a certain profile.

If you are a resident of the Kentlands.

You are energetic and do not mind community participation

You will see a lot of people everyday and, connecting with them is part of the lifestyle on the Kentlands. .

Yes, you can have privacy when needed but. .if solitude and being in wide open space is your cup of tea.. 

The Kentlands may not be the right place for you. .


There are many other places nearby where you can have more land, more house and more room for just you and your family. .just connect with me and I love to share other areas in Montgomery County. 

The Kentlands is an engaging community and you will be pressured in participating via your kids in school, your weekend activities and just by patronizing the local businesses around the area.


This is why we always advice our clients. .


In the Kentlands. 

is not just a house you are buying. .

you are buying a new life-style


Today, I would like to talk to you about How Affordable Are The Kentlands in Gaithersburg Maryland?


Some industry experts are claiming that the housing market may be headed for a slowdown as we proceed through 2017, based on rising home prices and a potential jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the National Association of Realtors (NAR).

Here is how NAR defines the index:


“The Housing Affordability Index measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national level based on the most recent price and income data.”


Basically, a value of 100 means a family earning the median income earns enough to qualify for a mortgage on a median-priced home, based on the price and mortgage interest rates at the time. Anything above 100 means the family has more than enough to qualify.

The higher the index, the easier it is to afford a home.


Why the concern?


The index has been declining over the last several years as home values increased. Some are concerned that too many buyers could be priced out of the market.

But, wait a minute…

Though the index skyrocketed from 2009 through 2013, we must realize that during that time, the housing crisis left the market with an overabundance of distressed properties (foreclosures and short sales). All prices dropped dramatically and distressed properties sold at major discounts. Then, mortgage rates fell like a rock.

The market is recovering, and values are coming back nicely. That has caused the index to fall.

However, let’s remove the crisis years (shaded in gray) and look at the current index as compared to the index from 1990 – 2008:

 Though prices and rates appear to be increasing, we must realize that affordability is composed of three ingredients: home prices, interest rates, and income. And, incomes are finally rising.

ATTOM Data Solutions recently released their Q1 2017 U.S. Home Affordability Index. The report explained:


“Stronger wage growth is the silver lining in this report, outpacing home price growth in more than half of the markets for the first time since Q1 2012, when median home prices were still falling nationwide. If that pattern continues, it will help turn the tide in the eroding home affordability trend.”


Bottom Line

Compared to historic norms, it is still a great time to buy from an affordability standpoint.


If you want to find the best house for the money in the Kentlands or its surrounding neighborhood “Lakelands

This is what we can do for you, 

We will prepare you a list of houses that fit your criteria and take the time to show all these houses to you, with no pressure and no hassle.

So please let us know when you are ready...




If you want to get started now, 

Please call us at 301-246-0001

Or text to: 240-426-5754


Thinking of selling your home in the Kentlands?  Let Fernando take over the marketing of your property with our unique 99 STEPS system - Call or text 240-426-5754 for more information.