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Dear Nalls Home Partners Clients, Friends and Family:
We will keep it short and sweet this month because the big news is still the brisk local market, which leaves little time for anything else! We have all been assuming the recovery is being driven by the Federal Tax Credit and excellent mortgage rates. The credit expires in two weeks and the smart money is on rising interest rates so we should know by this time next month if what we've been seeing is the beginning of real recovery or not. Fingers crossed.
In the mean time, we continue to try to stay current on the latest local and national real estate news so that we can help our clients make the best possible decisions regarding their purchases and sales. Of course, the crystal ball proved a bit cloudy for all of us a couple of years back so we're kind of shy on predictions, but information is always empowering. We try to share the best of what we hear and read on our Facebook Page, on Twitterand for those of you that just want to look with our having to sign into anything, on our blog. Social media is more than just a fad or for young people, it's a great way to stay up to date for everyone. We try to share something interesting every day including links to articles on everything from staging a home for the market to fair housing laws, favorite retirement communities or the dangers of Chinese drywall. We also welcome guest posts from anyone associated with the housing industry. If you have a good idea you would like to share or want to promote your business by providing useful information that pertains to real estate, by all means let us know. We appreciate the fresh ideas.
And before I sign off: thank you, thank you to all who have sent referrals this month. Nothing beats knowing that you've spoken highly of us to a friend! You can be sure that they will be well taken care of.
Enjoy this GORGEOUS spring weather!
All the best -
Barbara, Tom, Susan, Harrison and Ron
Long and Foster Real Estate, Inc
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Regional Sales Trends
Sales Trends for the Month of February Single Family Homes
Contracts Ratified Per Month
(information from GCAAR)
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9038 Phillip Dorsey Way Columbia, MD
$499,000
Beautifully maintained five bedroom, three and a half bath colonial on oversized, professionally landscaped corner lot. Three finished levels with hardwood, wall to wall, crown molding and great detail. Bright eat-in kitchen opening to TREX deck and great room, fully finished lower level with outside entrance, plus an attached two car garage. The Master Bedroom Suite features a large full bath, a huge walk-in closet and a nice sized bump-out! Priced to sell.
Click Here for a Virtual Tour
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15205 Wycliffe Court Rockville, MD
$599,000
Bright, charming 5 BR, 2.5 BA split level on over 1/3 acre lot in Flower Valley. Fresh paint,gleaming hardwood floors,cul-de-sac location,truly move-in ready.Large eat-in kitchen,seperate Master Suite,stone fireplace, large wraparound deck, attached garage, over-sized windows, and more. Priced to sell - this one won't last!
Click Here for a Virtual Tour
Estimated property taxes and non-tax charges in the first full fiscal year of ownership is:$6,410.00
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3001 Veazy Terrace NW #334 Washington, DC
$499,000
Rarely available HUGE (0ver 1500sqft) 2 bedroom & 2 bath coop.This home boasts a lovely hall entry, an over-sized living area, a large formal dining room, a big table-spaced kitchen, two generous bedrooms including a master bath, picture windows in every room, beautiful & private patio, refinished floors, fresh paint, parking, & lots of storage. This ideal location offers Metro, shops,
restaurants & more.
Click Here for a Virtual Tour
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Under Contract!
2316 Ross Road Silver Spring, MD
$485,000
Big, bright, 3- 4br 2.5ba renovated home w/great flow and feel, Eat-in kit w/granite counters, walnut cabinets, updated baths, replaced windows - the works! Very large corner lot with good backyard. Very well priced - this is an opportunity - don't miss it!
Click Here for a Virtual Tour
Estimated property taxes and non-tax charges in the first full fiscal year of ownership is:$5,141.00
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Under Contract!
14067 Pellita Terrace Rockville, MD
$411,000
Rare opportunity in Willows of Potomac! Take advantage of Convenient location & outstanding community amenities including a club house w/pool. Featuring a Terrace level w/ Entrance Foyer, sunny Family or Recreation Room, Full Bath, Expanded Wet Bar and Sitting Room walking out to the Backyard. Main level w/Huge eat-in kitchen. Upper level with three large bedrooms and two separate full baths.
Click Here for a Virtual Tour
Estimated property taxes and non-tax charges in the first full fiscal year of ownership is:$4,954.34
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Under Contract!
2707 Ross Road Chevy Chase, MD$599,000
Fantastic opportunity in a much sought after neighborhood! This well cared for charming 3bdrm, 2BA home boasts NEW granite countertops, NEWLY renovated bathrooms, hardwood flrs, attached garage, big family room,cozy front porch, tons of storage & lots more. Convienent to restaurants, parks & public transportation. Close to DC, Bethesda, Silver Spring.
Click Here for a Virtual Tour
Estimated property taxes and non-tax charges in the first full fiscal year of ownership is:$5,097.00
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Under Contract!
8804 Wooden Bridge Road, Potomac MD
$810,000
COPENHAVER BACKING THE PARK! This is the one you have been waiting for. 5 big bedrooms upstairs, lovely foyer & formal rooms,large bright family room off updated eat in kitchen, renovated baths, fresh paint, gleaming hardwood floors, finished daylight lower level walks out to gorgeous lot & patio.
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Estimated property taxes and non-tax charges in the first full fiscal year of ownership is: $8,538
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SOLD!
7204 Loch Lomond Drive, Bethesda MD
$1,449,000
An entertainers dream home with almost 9,000 sq. ft., seven bedrooms and five and a half baths, oversized rooms throughout. Spectacular two story marble foyer, four fireplaces, two car garage, huge lot, great location in Whitman district. Three full levels, two with hardwood. Huge master bedroom suite with marble fireplace and owner's deck. Oversized, eat-in kitchen adjacent to family room with stone fireplace. Easy in to DC, easy out to 495/270.
Estimated property taxes and non-tax charges in the first full fiscal year of ownership is: $15,074.65
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SOLD!
6401 Seat Pleasant Drive Capitol Heights, MD
$148,000
COMPLETELY RENOVATED inside and out, practically a new home. Beautiful 2 bedroom, 2 bath rambler! Great value & quality construction. Gleaming hardwood floors in living room, nice granite counters and new windows, new 2 car driveway, brand new appliances in kitchen, New HVAC system, new washer & dryer plus Egyptian Tile in Master Bath!
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Sold!
5608 Jordan Road, Bethesda MD 20816
$1,999,999
Spectacular new home in convenient Springfield. Seven bedrooms and five and a half baths, with the highest quality finishes. Gourmet kitchen with granite, custom cabinets, stainless. Four finished levels, large deck, screened porch, covered front porch, patio, and two car garage. Hardwood on two full levels. Three fireplaces, slate mudroom, and more. Close to shopping, DC, Bethesda, and 495.
Click Here for a Virtual Tour
Estimated property taxes and non-tax charges in the first full fiscal year of ownership is: $23,545.52
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Sold!
15105 Poplar Hill Road, Germantown MD
$1,299,000
ELEGANCE DEFINED! The original model for Spring Meadows featuring all that you would expect from Miller plus an enormous absolutely state of the art modern kitchen addition. Huge room sizes, three beautifully finished levels, glorious landscaping, fabulous flow for entertaining, truly too much to say.
Click Here for a Virtual Tour
Estimated property taxes and non-tax charges in the first full fiscal year of ownership is:$13,869.24
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