FHA just released some new financing guidelines that will assist condo home buyers in the Fort Meade real estate market.

To understand the impact of this change you'll need to understand that, prior to this, FHA required a community review and certification of every condo association in the US.  They are looking for things like condo financial health, investor ratios (too many non-owner occupied units could), delinquency rates and more. They required that each condo association request renewal every two years.  So, if the condo association did not do it's job and get their community approved, FHA home buyers were not allowed to obtain financing in that community.  Many Fort Meade home buyers own homes near previous duty stations and if the VA loan benefit is used, FHA is the next best option for a loan.

The recent changes which have long been advocated by the National Association of Realtors include the following:

1.     Allows for a single-unit approval process for properties that do not currently have FHA approval.
2.     Extends the re-certification date from 2 years to 3 years.  
3.     Allows more mixed use projects to be eligible for FHA loans

You can view the complete update at this link.

Thinking of buying, selling or renting a home near Fort Meade?  You can count on The Roskelly Team to make your next real estate transaction your best!

August sales stats for Gambrills show a slow down that wasn't completely unexpected after last months huge boom.  We're just a few sales down over the same period last year and the median sold price stayed steady.

The Roskelly Team at RE/MAX Leading Edge specializes in homes for sale in Gambrills MD. View all homes for sale in Gambrills MD, or list your Gambrills home for sale with our team!  EHO

Crofton home sales got a big boost in August as may home buyers were dashing to secure homes before the new school year start.   Total homes sold was up by almost 33% and total units sold was up by over 35%.  The median sold price went down just a little but that is expected as the majority of homes sold were townhomes and condos.

If you're considering a move to this area, you can search all homes for sale in Crofton, or if you're thinking of leaving the area we can list your Crofton home for sale.  The Roskelly Team has been serving the Crofton real estate market since 1999 and we would love to go to work for you to buy or sell a home. 

The Roskelly Team at RE/MAX Leading Edge just listed another great home for sale in Waldorf MD.  Located just 30 minutes from Andrews AFB and commuting routes to both DC and Baltimore, this 4 level 4 bedroom 3.5 bath townhome  is offered for sale at $290,000 and features 2,600 s.f. of living area with a private deck.

View virtual tour and floor plans at this link
Inside you'll find a step up foyer that leads to a large living room with sunny bay window, a separate dining area (or expand your living room!)...
    
...a kitchen with granite counter-tops and adjoining breakfast room, a separate sun room and powder room.
    


The upper level offers two spacious bedrooms that share a hall bath, along with a laundry area.
    

The top level is a grand master suite with cathedral ceilings, sitting area and luxury bath!
    


And, the finished, walk-out basement includes a supersized recreation room, a 4th bedroom, 3rd full bath and a finished storage area or play room!

If you'd like to schedule a private showing visit us on-line or give us a call today at (410) 721-6694.

The Odenton real estate market continues to thrive when other areas are seeing a bit of a slow down.  August is our last month to get families moved into their new homes so there is usually a mini-rush, but Odenton saw a 46% increase in sold dollar volume.  Pretty impressive for this small Maryland city.  But with communities like Seven Oaks, Piney Orchard and Peach Orchard within reasonable pricing, Odenton is a top destination choice for military and DOD home buyers.  

The Roskelly Team at RE/MAX Leading Edge specializes in homes for sale in Odenton and we'd love to help you find your perfect home or sell your existing home.  Visit us on-line to get started.  Search all homes for sale in Seven Oaks
List your Seven Oaks home for sale.

The Roskelly Team at RE/MAX Leading Edge just listed this beautiful and spacious
three level colonial home for sale near Fort Meade in the Seven Oaks subdivision
of Odenton just 2 minutes to the base!

This 4 bedroom 3.5 bath 1 car garage home features almost 3,600 s.f. of living area
and storage and is priced at $450,0000.

View the MLS listing or take a floor plan tour

The main level welcomes you with spacious formal living and dining rooms
with crown molding and bay window.
    
and continues with a gourmet kitchen with granite counter-tops, center
island, breakfast nook and center island.  The kitchen opens to the family
room with gas fireplace and entry to the back yard with deck and fenced yard.
    
Upstairs, you'll find a huge master suite with wood floors, walk-in closet
and en suite bath with soaking tub and separate shower plus three additional
generously sized bedrooms and a second full bath.
    
The finished, walk-out basement offers a super-sized recreation room,
office or den and a 3rd full bath.
    
And outside you'll find a fenced yard with deck.
    
Visit us on-line to search all homes for sale near Fort Meade and
homes for rent near Fort Meade.  Thinking of selling or renting your home?
We do that too with 20 years of unparalleled results.  List your home for
sale with The Roskelly Team.

The Gambrills real estate market was on fire in July, much like it's neighbors Crofton, Odenton and Severn the general Fort Meade MD area saw double digit increases in value and sales volume.  This month the total sold volume was up 45% over the same period in 2018 with total units sold also 44%.  We expect to see even bigger increases in August as the new pending listings is bursting right now!  
The Roskelly Team at RE/MAX Leading Edge specializes in homes for sale in Gambrills MD and we'd love to help you buy or sell a home.  Visit us on-line to get started with your Gambrills home search or to get information on listing your Gambrills home for sale. 

Severn real estate followed the trend with Odenton, Crofton and other cities close to Fort Meade where home values and sales saw huge increases in 2019.  This month the total dollar volume sold is up almost 30% over the same period in 2018.  And, the huge glut of new construction that held back some re-sale values has finally evened out.  Severn homeowners should be pleased with a 9% increase in the average home sale price and with the 18% increase in units sold.  

If you're considering buying, selling or listing your Severn home for sale, The Roskelly Team at RE/MAX Leading Edge would love to go to work for you.  We've got our finger on the pulse of the Severn real estate market since 1999!

Crofton MD home values saw a 10% increase over the same period in 2018 with median home values up just under 4%.  This year has been a boom for Crofton and a bit of a slowdown wasn't unexpected.  Crofton remains one of the most popular MD communities with home buyers.
If you're considering a move to Crofton MD, you can search all homes for sale in Crofton or list your Crofton home for sale with The Roskelly Team at RE/MAX Leading Edge EHO.  Your Crofton MD real estate experts since 1999.