Real Estate Information Archive

Mortgage Interest Rates Fall…Again! 

Mortgage rates dropped for the third straight week.  Interest rates for 30-year fixed mortgages were down to 4.57% last week, the lowest in 50 years. 

How low can they go?

Home Sales in Clarksburg 

A total of 16 homes went under contract in Clarksburg during June – up from 14 under contract in May. 

This is a bit of a surprise to some commentators, as they had expected sales to slow down once the $8,000 tax credit expired.  Not so… at least for the time being. 

I’ll be keeping a very close watch on this and will keep you posted!

Mortgage rates reach 50 year low 

Mortgage interest rates for 30-year fixed loans were down to 4.69 percent last week -- their lowest level in fifty years. 

Now would be a good time to refinance, if you haven’t recently done so!

Real Estate Update for Clarksburg, Maryland 20871 

A total of $10,380,020 worth of homes sold in Clarksburg during May of this year, which is an astounding 157.45% increase over May of 2009. 

The median price of homes sold increased by 3.71 percent during this same timeframe, and the number of units sold jumped by 140 percent. 

So, it was a very busy month for real estate in Clarksburg!

Clarksburg Farmers' Market to Open on June 6

Opening day for the Clarksburg Town Center farmers' market is set for Sunday, June 6 at Public House Road and Clarksburg Road, from 10:00 a.m. to 1:00 p.m.

For all the details, check out www.ClarksburgFarmersMarket.org

I hope to see you there!

Clarksburg Village, Clarksburg, Maryland Home Sales

There are currently five homes for sale in Clarksburg Village, ranging in price from $312,000 for a townhouse on Derby Post Place, to $574,800 for a detached colonial on Rainbow Arch Drive.

Seven homes in Clarksburg Villlage are now under contract pending settlement.

So far this year, seven homes have sold in the neighborhood:

-12643 Granite Rock Road for $600,000

-23208 Bent Arrow Drive for $624,000

-23117 Robin Song Drive for $325,000

-12616 Granite Rock Road for $449,000

-12603 Granite Rock Road for $575,000

-23108 Turtle Rock Terrace for $525,000

-12539 Blue Sky Drive for $360,000

Clarksburg, Maryland is now on Facebook

You can get daily updates on events and news on the new Clarksburg Facebook page...  http://www.facebook.com/ClarksburgLiving

Please feel free to post anything that you think would be of interest to our community!

Home Sales Update for Clarksburg, Maryland

April was a big month for real estate in Clarksburg.

A total of $10.6 million worth of houses and condos sold in zip code 20871 during April, which is a huge 128.53 percent increase compared to April of last year.

The median sold price of homes was up 21.32 percent, and the total number of units sold more than doubled.

For instant updates on homes that are on the market in Clarksburg, you are welcome to log onto www.HomesDatabase.com/IbiSofillas or you can email or call me anytime.

Little Bennett Golf Course, Clarksburg, Maryland 20871 

For those of you who are golfers, if you haven’t checked out Little Bennett Golf course, you're missing a treat. 

It’s an eighteen-hole par 72 course located in a beautiful setting in the northern portion of Little Bennett Regional Park.  There’s also a driving range and three practice greens – and let’s not forget the clubhouse, pro shop, and snack bar. 

You can get more details on Little Bennett Golf Course by logging onto http://www.montgomerycountygolf.com/

Clarksburg Town Center Shredding Event - Clarksburg, Maryland

The event will be held on Saturday, May 15 from 9:00 a.m. to noon at the Residents Club, 12901 Sugarloaf Chapel Road in Clarksburg and is free.

This event is open to all Clarksburg residents.

You can dispose of up to five boxes or bags of paper per vehicle.