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Office Location 795 Rockville Pike,
Rockville, MD 20852
Phone: (301) 613-7253
Fax: (301) 424-9290

Spring 2009 ICC Update (Georgia Avenue to Emory Lane) *Many pictures!*

Posted by Matt Lateer on Wednesday, July 8th, 2009 at 7:06pm.

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Whatever your opinion on the ICC, the impact of the ICC is far reaching: Geography has been impacted in ways that will last forever, travel out of the area will likely become more convenient, new traffic patters are going to evolve, and new walking/ biking paths will emerge. 

Matt recently had the opportunity to go up in a helicopter to do a little aerial photography, and came back with the the shots included in this post.  The shots are from early spring (vegetation is lighter, and so more can be seen without leaves, etc).

Click here for more information on how the ICC has affected a specific property value

**Next week look for ICC pictures from Emory Lane west to Muncaster Mill. 

 

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What is the Obama administration's newest attempt at hedging future foreclosures? Hafa video!

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Only a few short years ago, even Real Estate Agents did not know what a short sale was!  My, how things have changed... 

Banks have estimated that the majority of short sales will have been processed by 2014.  More than 1 in 4 of all homes are now backed my mortgages that are worth more than the collateral that secures them: the homes themselves! 

The Department of the Treasury recently put out a new progam called HAFA (Home Affordable Foreclosure Alternative), which should make things more standardized...

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Location, Location, Location vs. Jobs, Jobs, Jobs!

 

potomac_400Unemployment in MD, DC, VA & US

Interested to see how the DC metropolitain area stacks up in unemployment when compared to the nation?  I think you will find this interesting, and the graph below updates automatically and so is current now!  Please post your thoughts below, I would be interested in your opinion...

PLEASE NOTE: You can click on the graph to see actual numbers

 

 

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