FHA Loan Mount Rainier Maryland

April of 1910 would be the official incorporation of the town of Mount Rainier. Long before its official incorporation, Mount Rainier, similar to neighboring towns, was mostly rural. However, the period of great urban expansion in the bordering nation’s capital, Washington D.C., forced individuals and families outward if they were looking for a more suburban lifestyle. Mount Rainier was one of the many locations that took this opportunity to expand. Along with its location on the Baltimore and Ohio Railroad, Mount Rainier was the perfect spot. The major residential and commercial developers of the area would name the town Mount Rainier after the famous mountain in the state of Washington. Mount Rainier, Maryland would see much success throughout the 1900s in both commercial and residential developments.

Today, Mount Rainier is still a prime location of the outskirts of the busy and bustling Washington D.C. Mount Rainier continues to have great access to the railroad lines, other cities in Maryland like Baltimore and the state capital, Annapolis, as well as the University of Maryland. In Mount Rainier, Maryland you can find that the average sale price of residences is around $525,000 and its real estate market has been on a continuous, steady incline.