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Leggett To Attend Groundbreaking For New Choice Hotels International Corporate Headquarters


On August 30th, at 10 a.m., Montgomery County Executive Isiah Leggett will join Congressman Chris Van Hollen; City of Rockville Mayor Phyllis Marcuccio; Clayton Foulger, principal of Foulger-Pratt; the Foulger-Pratt leadership team; and other dignitaries, officials and community leaders to celebrate the groundbreaking for the new corporate headquarters for Choice Hotels International in association with Foulger-Pratt Companies.


Montgomery County Foreclosures Hit Two-Year Low

The Gazette.net reports that Home foreclosures in Montgomery County are at their lowest level in two years, according to a county report released last week.

There were 1,428 foreclosure events in Montgomery County in the third quarter of the year — July through September — data shows, a number that is down about 10 percent from the previous quarter.

Among those county residents who narrowly escaped foreclosure is Carol Smouse, who nearly lost her Germantown home last year when she was laid off from her job as a saleswoman and couldn't pay her bills.

After losing her job in February 2009, Smouse, 50, was able to make her $1,500 mortgage payments for about two months using money from her savings and retirement funds.

"Eventually I ran out of money and was unable to make my payments," she said.

Montgomery County Housing Fair

Montgomery County's annual Housing Fair and Financial Fitness Day will be held, rain or shine, on Saturday, October 2 from 10 a.m. to 3 p.m. at the Bohrer Park Activity Center, Summit Hall Farm, 506 S. Frederick Avenue, Gaithersburg, MD 20877.  To celebrate the tenth anniversary, the fair will expand its educational outreach to the community and provide new networking opportunities and publicity benefits for Sponsors and Exhibitors: housing providers, businesses, banks, credit unions, realtors, government agencies, community organizations, and nonprofits.

Close to Home: Federal jobs help stability in Rockville, Md. By Christine Dugas, USA Today

Christine Dugas for USA Today reports:

Rockville, Md., is so close to Washington, D.C., that it has escaped the worst of the housing bust and the recession. Federal government jobs are so resilient that they have provided a buffer against the economic downturn.

That doesn't mean that Rockville, the Montgomery County seat, has been sheltered from the ups and downs in the housing market.

Like the national market, its home sales recently plunged.

CLOSE TO HOME: Real estate markets across the USA