Milestone Germantown

One of the hidden gems in Germantown has got to be Milestone Neighborhoods

The Milestone Community of Germantown Maryland consists of

• Milestone Center
• Milestone II Townhouses
• Milestone Townhouses

Some of the feature amenities these communities offer to all its residents are:

Community Center

Pool

Sitting areas

Picnic Areas

Tot Lots

Milestone is practically located in the corner of 355 and Ridge Rd a few hunded feet from I-270 exit #16

If you want to buy a home, but aren’t sure if your budget can handle soaring real estate prices, we’ve got good news. There are things you can do to stretch your buying power. With the help of your   real estate agent – and these 10 tips – you can become a savvy home buyer without breaking your budget.

1. Get pre-approved for your home loan

2. Explore creative financing options. 

3. Sell your existing home first

4. Look for vacant real estate. 

5. Consider cosmetic fixers. 

6. Buy a home that’s a major remodel project.

7. Don’t discount bank foreclosures. 

8. Land to build your home.

9. An older, smaller home. 

10. The cheapest house in the best neighborhood. 

20876 Milestone - " Neelesville " in Germantown Montgomery County Maryland

Location! Location! Location! What makes Milestone in Germantown great for residents and visitors also makes it great for business. The near proximity of The Shady Grove Metro and being home of many major businesses located in and around Montgomery County MD . .is a true suburban community outside Washington DC , less than twenty five miles from the White House. It's convenient to transportation and the homes values are still affordable for many families that work in and around the city.

The Shady Grove Metro is a short drive away from this great community

Let's check a little what Milestone is all about . .climb aboard!

 

Milestone Germantown MD | Housing Market Expected To “Spring Forward” This Year

At a local level in Germantown Maryland, buyer confidence remains strong with some changes that varies on the price level and what type of houses they are looking for.    

Particularly in and around Milestone 20876 zip code. The addition of new store and business entities in the area makes Milestone one of the most busiest areas in Germantown.     

As you are aware, for most families, choosing a new home is the biggest financial decision they will ever make and for that reason, there are many complicated decisions involved in choosing your new home.     

Today I would like to talk to you about  Housing Market Expected To “Spring Forward” This Year

 

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market. 

Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right. 

Buyer demand has seasonality to it, which usually falls off in the winter months, especially in areas of the country impacted by arctic temperatures and conditions.

That hasn’t happened this year.

Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with the recent increase in rates, buyers are still able to lock in an affordable monthly payment. Many more buyers are jumping off the fence and into the market to secure a lower rate. 

The National Association of Realtors (NAR) recently reported that the top 10 dates sellers listed their homes in 2017 all fell in April, May, or June. 

Those who act quickly and list now could benefit greatly from additional exposure to buyers prior to a flood of more competition coming to market in the next few months.

 

Bottom Line

If you are planning on selling your home in 2018, let’s get together to evaluate the opportunities in our market.

 

 

Source.. KCM Fernando Herboso Blog

To protect your interests and assure that you make the best possible decisions,  

it's important that you have a knowledgeable agent on your side who is an expert in the local real estate market.  

We are dedicated to keeping you on top of our local market. Rest assured that we will provide you with a well-informed,  

and the most updated strategic view for your home purchase in Germantown Maryland  

To reach us, please call 301-246-0001 

or send us an email  info@ReallyNiceHomes.com  

Search for the newest listings in Germantown by map (click picture below)  

 

 

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system  

 

www.99SOLD.com - Call or text 240-426-5754 for more information.    

Milestone Germantown MD | Why Home Prices Are Increasing

At a local level in Germantown Maryland, buyer confidence remains strong with some changes that varies on the price level and what type of houses they are looking for.     

Particularly in and around Milestone 20876 zip code. The addition of new store and business entities in the area makes Milestone one of the most busiest areas in Germantown.      

As you are aware, for most families, choosing a new home is the biggest financial decision they will ever make and for that reason, there are many complicated decisions involved in choosing your new home.      

Today I would like to talk to you about  Why Home Prices Are Increasing

 

There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as prices are not at peak levels when they are adjusted for inflation), there seems to be no shortage of opinion.

However, the increase in prices is easily explained by the theory of supply & demand. Whenever there is a limited supply of an item that is in high demand, prices increase.

It is that simple. In real estate, it takes a six-month supply of existing salable inventory to maintain pricing stability. In most housing markets, anything less than six months will cause home values to appreciate and anything more than seven months will cause prices to depreciate (see chart below).

According to the Existing Home Sales Report from the National Association of Realtors (NAR), the monthly inventory of homes for sale has been below six months for the last five years (see chart below).

 

Bottom Line

If buyer demand continues to outpace the current supply of existing homes for sale, prices will continue to appreciate. Nothing nefarious is taking place. It is simply the theory of supply & demand working as it should.

 

Source.. KCM Fernando Herboso Blog

 According to the Existing Home Sales Report from the National Association of Realtors (NAR), the monthly inventory of homes for sale has been below six months for the last five years (see chart below).

 

Bottom Line

If buyer demand continues to outpace the current supply of existing homes for sale, prices will continue to appreciate. Nothing nefarious is taking place. It is simply the theory of supply & demand working as it should.

 

Source.. KCM Fernando Herboso Blog

 According to the Existing Home Sales Report from the National Association of Realtors (NAR), the monthly inventory of homes for sale has been below six months for the last five years (see chart below).

Bottom Line

If buyer demand continues to outpace the current supply of existing homes for sale, prices will continue to appreciate. Nothing nefarious is taking place. It is simply the theory of supply & demand working as it should.

 

Source.. KCM Fernando Herboso Blog

 

Milestone Germantown MD | Thinking of Selling Your Home? Why You Need A Pro in Your Corner

At a local level in Germantown Maryland, buyer confidence remains strong with some changes that varies on the price level and what type of houses they are looking for.     

Particularly in and around Milestone 20876 zip code. The addition of new store and business entities in the area makes Milestone one of the most busiest areas in Germantown.      

As you are aware, for most families, choosing a new home is the biggest financial decision they will ever make and for that reason, there are many complicated decisions involved in choosing your new home.      

Today I would like to talk to you about  Thinking of Selling Your Home? Why You Need A Pro in Your Corner

 

With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional.

Real estate agents are trained and experienced in negotiation and, in most cases, the seller is not. Sellers must realize that their ability to negotiate will determine whether or not they get the best deal for themselves and their families.

 

 

Here is a list of some of the people with whom the seller must be prepared to negotiate if they decide to FSBO:

 * The buyer who wants the best deal possible

 * The buyer’s agent who solely represents the best interest of the buyer

 * The buyer’s attorney (in some parts of the country)

 * The home inspection companies, which work for the buyer and will almost always find some problems with the house

 * The termite company if there are challenges

 * The buyer’s lender if the structure of the mortgage requires the sellers’ participation

 * The appraiser if there is a question of value

 * The title company if there are challenges with certificates of occupancy (CO) or other permits

 * The town or municipality if you need to get the CO permits mentioned above

 * The buyer’s buyer in case there are challenges with the house your buyer is selling

 

 * Your bank in the case of a short sale

Bottom Line

The percentage of sellers who have hired real estate agents to sell their homes has increased steadily over the last 20 years. Let’s get together and discuss all we can do to make the process easier for you.

 

Source.. KCM Fernando Herboso Blog

 

To protect your interests and assure that you make the best possible decisions,  

it's important that you have a knowledgeable agent on your side who is an expert in the local real estate market.  

We are dedicated to keeping you on top of our local market. Rest assured that we will provide you with a well-informed,  

and the most updated strategic view for your home purchase in Germantown Maryland  

To reach us, please call 301-246-0001 

or send us an email  info@ReallyNiceHomes.com  

 

Search for the newest listings in Germantown by map (click picture below)  

 

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system  

 

www.99SOLD.com - Call or text 240-426-5754 for more information.