Final Walk Throughs
When you are buying a house, it’s customary to have a final walk through just before settling. The reasons are numerous, but mostly it’s to make sure that the house is in the same condition as when you signed the deal or had your home inspection (however many weeks ago).
It gives the buyer one last chance to see the place before they sign on the dotted line. It’s also in the best interest of the seller.
9 out of 10 times the house is in good shape and ready to go, but not always.
Sometimes the grass hasn’t been mowed in a while. Or the sellers have Read the rest of this entry »
East Bethesda MD 20814 Homes for Sale 9/7/12
Update for 9/7/2012. Three new listings! One under contract. No price drops.
All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 17 years. I’ve sold real estate in East Bethesda for over 12 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!
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25 Kentbury Way, $1,649,000
First showing is on Sunday, so I’ve yet to see it. This has been an East Bethesda favorite of mine since it went up in 2005. The gardens are gorgeous, and it’s perched up on a hill overlooking the neighborhood. Absolutely charming. If the interior lives up to the exterior, this house should sell quickly. 4BR/4FB and a 4-car garage! Days on Market: 1
8505 Halston Way, $979,000
We haven’t had a townhouse available in a while. This one features 3BR/2FB/2HB, a granite and cherry kitchen, and a deck out back. 2-car garage. Hardwood flooring. Easy walk to NIH-Medical Center metro, not to mention the new Walter Reed. Days on Market: 1
4303 Rosedale Avenue, $799,000
This one started off as a 3BR rambler… the second story addition (2004?) brings that total up to 5 BRs. 3 full baths. Hardwood flooring and an open floor plan. Pretty wood deck out back. Magnificent, large lot with lots of sunshine (despite being surrounded by trees). No basement. Pretty picture window. I think it might be a tad overpriced, but with low inventory, time will surely tell. Days on Market: 3
Hot off the Press
These days, most people do their home searching on the internet. There are a bunch of sites out there that can provide you with information on the local listings. Some will offer up an opinion as to the value (Zillow). Others are known for having great maps or open house information. I happen to run a weekly post that summarizes listings in my neighborhood of East Bethesda. It runs the gamut. Just about every site has it’s niche. What they don’t tell you is that these search engines pull their information from one source: the Multiple Listing Service. That’s me! Rather, it’s part of me. The MLS gathers input from dues paying, licensed real estate agents and puts it into a pretty little package that feeds various real estate sites. The MLS gets the information FIRST. No other sites can offer real time updates.
As a result, I get a lot of calls from people asking about various listings that went under contract days ago. Or they want to see 123 Main Street, only, it’s sold. The information out there is only as good as the search engine that is Read the rest of this entry »
East Bethesda MD 20814 Homes for Sale 8/31/12
Update for 8/31/2012. Ach. No new listings! One under contract. No price drops. Regrettably, not much to sell.
All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 17 years. I’ve sold real estate in East Bethesda for over 12 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!
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4514 Chestnut Street, $1,389,000
New construction by Crescendo Builders. 6 bedrooms and 5.5 baths. Situated on a block with a lot of big new houses. This house has a surprising amount of space. Great layout. Nice features. Short walk to Lynbrook Park and Metro. Days on Market: 8
4548 Windsor Lane, TBD
New construction by Georgetown Custom Homes. Believed to have 6BR/4FB/1HB, but there’s still time to customize certain elements. Give me a call if you would like more details. Not officially on the market. Read the rest of this entry »
Free Jazz Festival- Silver Spring
Save the Date.
When: September 8, 2012. 4:30 – 10:00 pm.
Where: Veterans Plaza, Silver Spring, MD 20910 (at the intersection of Fenton Street and Ellsworth Drive)
Who: Headliner: SERGIO MENDEZ
Also featuring: MARCUS JOHNSON, BRUCE SWAIM QUARTET, ELLIOT LEVINE
The performances are held outdoors so bring a blanket and/or beach chair. A wide variety of food will be available Read the rest of this entry »
East Bethesda MD 20814 Homes for Sale 8/24/12
Update for 8/24/2012. Hooray. Two new listings! Nothing under contract. No price drops. Not much to sell.
All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 17 years. I’ve sold real estate in East Bethesda for over 12 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!
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4514 Chestnut Street, $1,389,000
New construction by Crescendo Builders. 6 bedrooms and 5.5 baths. Situated on a block with a lot of big new houses. It has really changed over the years. Short walk to Lynbrook Park and Metro. Days on Market: 1
4415 Maple Avenue, $777,000
Unique colonial (or is it a Victorian? I’m awful at this stuff) with a wonderful screened porch. 4 bedrooms and 4.5 baths. Artist/owner has a mural for every wall. Many of the systems have been repaired/replaced over the years. Sold as is. No central air. Easy walk to Lynbrook Park. Days on market: 1
Bethesda/DC Area Absorption Rates- July 2012
There are several ways to figure out how well the real estate market is doing. One of them is to take a look at he absorption rate – or, the amount of time it will take to sell the current inventory. It is by no means an exact science, but it does help decipher the local market.
So, how did July 2012 fare? Geez- pretty well. There’s not much to sell.
I took a look at zip codes that included Bethesda, Chevy Chase, Cleveland Park, Friendship Heights and AU Park (more specifically, 20814, 20815, 20816, 20817, 20818, 20015 & 20016). Combined, they average Read the rest of this entry »
East Bethesda MD 20814 Homes for Sale 8/17/12
Update for 8/17/2012. One under contract. One withdrawn from the market after 150 days. That leaves us with 4-5 active listings. Only one of them is under $1-million.
All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 17 years. I’ve sold real estate in East Bethesda for over 12 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!
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4548 Windsor Lane, TBD
New construction by Georgetown Custom Homes. Believed to have 6BR/4FB/1HB, but there’s still time to customize certain elements. Give me a call if you would like more details. Not officially on the market.
4323 Maple Avenue, $799,000
1949 rambler with some updates. Open floor plan with 3 bedrooms and 2 baths on the main level. Another bedroom and bath to be found on the lower level. Convenient location. New deck. Big attic. Price remains ambitious. Days on Market: 58 Read the rest of this entry »
If You Can Qualify for a Loan…
… a house is a good investment. There is a great article in USA Today that discusses the virtues of buying a home. It tracks the peaks and valleys of the national market, and comes to the quick conclusion that now might be a great time to buy. Of course, locally, we’ve known this for a while. The news comes as no surprise to the scores of DC area home buyers who are fighting over some very limited inventory.
The article touches on the three big factors that go into buying a house today: qualifying for a loan (many hurdles to jump), low interest rates (unbelievable!), and supply (low, as I mentioned before, triggering more building = more employment = increased pricing, etc). It makes for good reading: If you can pull it off, a house is a smart investment.
Looking to Buy? You’re in the right place:
If you prefer, please give me a call at 301-758-4894. Or, fill out the form below and I’ll get back to you ASAP!
The Evers & Co. July 2012 Real Estate Report
The housing market throughout the country is in recovery, with the close-in Washington Metro area marketplace leading the most successful metropolitan markets with a 7.4% increase in dollar volume of sales over last July and a 20% decrease in days on the market.
While prices didn’t go up much in July, they had risen in the greater Metro area this spring to within 80% of the peak bubble prices. There is a continuing shortage of product, since very few new homes were built over the past six years and some sellers are still keeping their homes off the market, waiting for prices to get closer to what they were in 2005. This is creating situations with multiple bids on popular properties. With limited product, an expanding local labor market, high prices on rentals and record low interest rates, we can expect that this Washington area marketplace will only continue to improve.
*Statistics are taken from the Metropolitan Regional Information System for three areas: Washington, D.C.; Montgomery County, Maryland; and Fairfax County, Arlington and Alexandria in Virginia.
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