BCCDC Real Estate by Marcie Sandalow

The Evers & Co July 2014 Real Estate Report

said on August 14th, 2014 filed under: State of the Market

Washington DC, Capitol Building in a cloudy sunrise with mirrorProspective D.C. home buyers will see less competition in the real estate market this August, since many competitive buyers are enjoying the final weeks of summer out of town.

The July 2014 real estate statistics show that the close-in Metro area experienced a 9% increase in dollar volume of sales over July 2013, a 2% increase in average price and a 16% increase in days on the market, all of which is consistent with a slight decline in the competitiveness of this high-demand market. This means buyers have a rare opportunity to place a bid on a home with much less competition. Buyers should take advantage of this golden opportunity in next few weeks before the market resumes in the fall.

In addition, mortgage rates are still low and there is a greater variety of loans available, which is added good news for buyers.

*Statistics are taken from the Metropolitan Regional Information System for these areas: Washington, D.C.; Montgomery County, Maryland; and Fairfax County, Arlington and Alexandria in Virginia.

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East Bethesda MD 20814 Homes for Sale 8/8/14

said on August 8th, 2014 filed under: Bethesda, Homes for Sale

Fall zinnias- corner of Chelton & SleafordUpdate for 8/8/14. One new listing. No price reductions. Nothing new under contract.  

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 18 years. I’ve sold real estate in East Bethesda for over 15 years. It’s a wonderful neighborhood within walking distance of Bethesda Metro AND NIH/Walter Reed. 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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IMG_26594532 Rosedale Avenue, $699,000
Brick colonial with 3BR/1FB on a 4,800 s.f lot. Sold “as-is”.  Open this Sunday from 1-4. Listed with Evers & Company Real Estate. Days on Market: 0

4544 Windsor4544 Windsor Lane, $799,900
Located on the Glenbrook Village side of East Bethesda, this home features 5BR and 2.5BAs. Gotta be honest… it’s a funky house. Great location, however. Listed with Weichert Realtors. Days on Market: 27

Read the rest of this entry »

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The Good, the Bad, and Just Plain Ugly

said on August 7th, 2014 filed under: Information for Sellers

picture of an old instant camera in a tripod with a retro effectWhen you list your house for sale, you want your house to look good, right?

Buyer beware.  Not all photography is equal.

We recently had an opportunity to compete for a listing. We didn’t get it (damn it).  The most frustrating thing was that when it did list the photography really stunk.  It was a good looking house, but you wouldn’t have known it from the pictures posted on-line. It looked like someone had come through and snapped a few shots with their phone.  The lighting was poor. The angles were all wrong. The furniture looked oversized and crowded. It just looked ugly. Using my buyer eyes, I might have found it all a bit underwhelming.  Mr. & Mrs. Seller-  this is exactly the opposite of what you want.

As an agent, it’s my job to get as many qualified buyers into your house as I possibly can. Good photography can do this.  Sure, one can accuse us of over-using the wide angle at times, but at least we make the room look inviting. I work with a professional photographer. We know how to find the best angle to show off a room, and if we can’t get the look we want Read the rest of this entry »

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East Bethesda MD 20814 Homes for Sale 8/1/14

said on August 1st, 2014 filed under: Bethesda, Homes for Sale

summer flowersUpdate for 8/1/14. Lazy summer. No new listings. No price reductions. Nothing new under contract.  

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 18 years. I’ve sold real estate in East Bethesda for over 15 years. It’s a wonderful neighborhood within walking distance of Bethesda Metro AND NIH/Walter Reed. 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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4544 Windsor4544 Windsor Lane, $799,900
Located on the Glenbrook Village side of East Bethesda, this home features 5BR and 2.5BAs. Gotta be honest… it’s a funky house. Great location, however. Listed with Weichert Realtors. Days on Market: 20

4324 Rosedale4324 Rosedale Avenue, $1,895,000
Wow. What a house! I’m not a big contemporary fan, but this house is fabulous! Amazing, soaring spaces throughout. 4BR/3.5BA. Balconies, decks, massive picture windows, & fabulous light. It’s way cool. If I were to be at all critical, it’s that the 2nd story rear balcony is only accessible via an outdoor stairway. Listed with Beasley Real Estate. Days on Market: 50

Read the rest of this entry »

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The Evers & Co. June 2014 Real Estate Report

said on July 27th, 2014 filed under: State of the Market

American pieThe statistics for June look a lot like May 2014, with numbers down in close-in Northern Virginia and in Montgomery County, but with the District of Columbia once again gaining in both dollar volume of sales and price. The dollar volume of sales was up 13% over last June, and the average price was up 6% in DC. One of the reasons is that the District offers “walkability”, and since gridlock has become a major issue for our Metro area, getting around easily and being able to walk to Metro, stores, work and entertainment is very desirable for people buying homes in our area. In addition, the Metro area is a good job market, and the young people filling these jobs are particularly interested in an urban lifestyle.

Because of the resilience, success and stability of Washington, D.C. foreign investment will probably increase and we will be tracking what we believe will be increasing interest, especially from the two biggest foreign investors in U.S. real estate, Canada and China.

*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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East Bethesda MD 20814 Homes for Sale 7/25/14

said on July 25th, 2014 filed under: Bethesda, Homes for Sale

summer flowersUpdate for 7/25/14. No new listings. No price reductions. Nothing new under contract.  Oh, and one went away. Sheesh.

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 18 years. I’ve sold real estate in East Bethesda for over 15 years. It’s a wonderful neighborhood within walking distance of Bethesda Metro AND NIH/Walter Reed. 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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4544 Windsor4544 Windsor Lane, $799,900
Located on the Glenbrook Village side of East Bethesda, this home features 5BR and 2.5BAs. Gotta be honest… it’s a funky house. Great location, however. Listed with Weichert Realtors. Days on Market: 13

4324 Rosedale4324 Rosedale Avenue, $1,895,000
Wow. What a house! I’m not a big contemporary fan, but this house is fabulous! Amazing, soaring spaces throughout. 4BR/3.5BA. Balconies, decks, massive picture windows, & fabulous light. It’s way cool. If I were to be at all critical, it’s that the 2nd story rear balcony is only accessible via an outdoor stairway. Listed with Beasley Real Estate. Days on Market: 43

Read the rest of this entry »

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Holding Out For A Better Offer

said on July 23rd, 2014 filed under: Information for Sellers

Best Offer No matter what the “temperature” of the market, sellers always wonder whether or not they should work with the first offer that comes in or wait for something better to come along. In real estate, sometimes that 2nd offer doesn’t come around for a long, loooong time. Quite often the first offer is the best offer a house will receive, so we almost always advise our sellers to try and work with the “bird in hand.”

If your home is on the market, and an offer comes your way, even if it is a lousy offer, make an effort to review the terms and send back a counter offer.  Sometimes buyers are testing the waters, not actually believing that their offer will be accepted as presented.  A low-ball offer doesn’t always signal a lack of interest, capability, or flexibility on the part of the buyer. If you take offense and don’t respond, you’ll never know just how willing the buyer would have/could have been.

In 2013 the average number of “days on market” was 48 (for Bethesda zip code 20814).  So far this year in 2014 that number is 59.  Despite the lack of inventory, not all houses receive offers within the first few days.

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East Bethesda MD 20814 Homes for Sale 7/18/14

said on July 18th, 2014 filed under: Bethesda, Homes for Sale

summer flowersUpdate for 7/18/14. One new listing. No price reductions. Nothing new under contract.  

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 18 years. I’ve sold real estate in East Bethesda for over 15 years. It’s a wonderful neighborhood within walking distance of Bethesda Metro AND NIH/Walter Reed. 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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4544 Windsor4544 Windsor Lane, $799,900
Located on the Glenbrook Village side of East Bethesda, this home features 5BR and 2.5BAs. Gotta be honest… it’s a funky house. Great location, however. Listed with Weichert Realtors. Days on Market: 6

4324 Rosedale4324 Rosedale Avenue, $1,895,000
Wow. What a house! I’m not a big contemporary fan, but this house is fabulous! Amazing, soaring spaces throughout. 4BR/3.5BA. Balconies, decks, massive picture windows, & fabulous light. It’s way cool. If I were to be at all critical, it’s that the 2nd story rear balcony is only accessible via an outdoor stairway. Listed with Beasley Real Estate. Days on Market: 36

Read the rest of this entry »

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East Bethesda MD 20814 Homes for Sale 7/11/14

said on July 11th, 2014 filed under: Bethesda

June LilliesUpdate for 7/11/14. How is it possible to go away for 2+ weeks and have so little activity?  Me thinks the summer is here.  Activity for the last three weeks: 2 under contract. No new listings. One price reduction. Kinda boring…

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 18 years. I’ve sold real estate in East Bethesda for over 15 years. It’s a wonderful neighborhood within walking distance of Bethesda Metro AND NIH/Walter Reed. 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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4324 Rosedale4324 Rosedale Avenue, $1,895,000
Wow. What a house! I’m not an over-the-top contemporary fan, but this house is fabulous! Amazing, soaring spaces throughout. 4BR/3.5BA. Balconies, decks, massive picture windows, & fabulous light. It’s way cool. I have to say, if I were to be at all critical, it’s that the 2nd story rear balcony is only accessible via an outdoor stairway. Listed with Beasley Real Estate. Days on Market: 29

under construction 200 x 1504412 West Virginia Avenue, @$1,575,000
Douglas Construction will be building a 5BR/4.5BA home on this lot. Should be breaking ground soon. Safe to say that there is time for customization. Wonderful block- steps from Lynbrook Park. Listed with ReMax. Days on Market: 52

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Gone Fishing…

said on June 19th, 2014 filed under: Information for Buyers

Back in July.East Bethesda  

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