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LEAD Academy Receives Donation from Montgomery Area Association of Realtors

MONTGOMERY - On Tuesday, officials from LEAD Academy were joined by officials from the Montgomery Area Association of Realtors to receive a donation of $200,000 and announce a strategic partnership between the two organizations.
"We are are so thankful to the Board and all the members at the Montgomery Area Association of Realtors for this very generous gift," said Charlotte Meadows, chair of the LEAD Academy Board. "MAAR is an organization that is dedicated to helping improve our community and we are excited to join with them in this goal."
Supreme Court Rules Landowner Can Sue Over Gov’t Access

The U.S. Supreme Court ruled on Friday that property owners can challenge government access to their land, which some view as a major victory for property rights.
The court’s ruling stemmed from a case involving a Pennsylvania woman, Rose Mary Knick, whose land the town of Scott Township used in 2013 to access an old burial ground. Knick didn't grant the town permission to come on her property, and she sought damages in court for what she viewed as an invasion of her privacy. Local rules, however, require property owners to allow access to private cemeteries discovered on their land.
Open House(s) in the River Region

Searching for a
Searching for a dream home?
Many area REALTORS® will hold homes Open for prospective buyers. Check our listings for the area Open Houses this weekend.
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Existing-Home Sales Ascend 2.5% in May

WASHINGTON (June 21, 2019) – Existing-home sales rebounded in May, recording an increase in sales for the first time in two months, according to the National Association of Realtors®. Each of the four major U.S. regions saw a growth in sales, with the Northeast experiencing the biggest surge last month.
Total existing-home sales1, completed transactions that include single-family homes, townhomes, condominiums and co-ops, jumped 2.5% from April to a seasonally adjusted annual rate of 5.34 million in May. Total sales, however, are down 1.1% from a year ago (5.40 million in May 2018).
More Buyers Use Gov’t Assistance Programs for Down Payments

Some would-be home buyers may be able to afford the
monthly payments of a mortgage, but they can’t scrape up
enough money for the down payment. More than 2,500
government assistance programs nationwide are offering
help, and more buyers are taking advantage of the aid.
More than 13% of borrowers who used Federal Housing
Administration mortgages in the first three months of this
year used government assistance for their down payment,
up from 8.6% five years prior, according to recently
published FHA data. The number of government assistance programs has
doubled between 2013 to 2016..
Open House(s) in the River Region

Searching for a dream home?
Many area REALTORS® will hold homes Open for prospective buyers. Check our listings for the area Open Houses this weekend.