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News in Frederick, Maryland

10 Jan 1986

Page 10

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News January 10, 1986 Page 10 old newspaper archives

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Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Jan 10, 1986

Page

10

Record number of Montgomery County single family homes sold in 1985

Gaithersburg Montgomery Village area led the county in 1985 single family home sales with a record 10,588 properties purchased totaling about 13 billion dollars. Sales surpassed 1978 and 1984 figures driven by lower interest rates, stronger take home pay, and stable prices. Most sales exceeded 100000 dollars with median prices between 101000 and 113000, and Bethesda Chevy Chase led condo coop activity.

MENTIONED IN THIS ARTICLE

Montgomery County Rockville Gaithersburg-Montgomery Vilage County Board of Realtors Harvey Rosendorf Noammartin Rosendorf Maryland Sonsea Topeitaig Bok Meltis Gaithersburg Olney Brookeville Silver Spring Wheaton Bethesda-Chevy Chase Gaithersburg-Montgomery Village Ganthersburg-Montgomery Village
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Freddie Mac moves into second mortgage market

Freddie Mac will begin buying and repackaging second mortgage home loans in a bid to tap a growing market. The move positions Freddie Mac against Fannie Mae, which has bought second mortgages since 1981, and could spur competition that lowers rates.

MENTIONED IN THIS ARTICLE

Washington Federal Home Loan Mortgage Corp Freddie Mac Federal National Mortgage Association Fannie Mae Michael F Coffey Freddie Mat Hews Savings and Loan Federal Home Loan Bank Board CS Linghs ITIL
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Also Mentioned on This Page

Ruth W. Ellis Montgomery Bethesda and Potomac Associated Press Orlando Realty Fredericktowne Village Evelyn Howes Pete Hoffman James Hoult Mike Orlando Farmbrook Kithen Ryan Key Parkway East Condominiums Key Parkway Walliamsburg Key Parkway East Association Richard Fobrinapr Bente Io Waverley Drive Hermes Rodbeangian Yvonne Jerniaan Lano & Foster Real Estate Inc Metro Wash Baughman’s Barkley Springs West Virginia Frederick Blue Ridge Sleepy Creek Overlook Creek Morgan Management. Inc Monocacy Valley Bob Young Tse Betwen Ross Cralatinia Ibsester Trout Real Estate, Inc Frederick MD Woodsboro Nis Fredenck Staley Avenue YMCA Market Street 13Th Street Carrall Park Manor Jennings Court George Stauffer Realty Hissey Realty Old Receiver Road Rocky Springs Road Laenir Woodbine, MD Andersen
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