 Adele's Graduation! We've had a busy few weeks both professionally and personally and the newsletter is a bit late as a result. It's all happy news. Of course, you don't need us to tell you that the real estate market in our area is on absolute fire - every media outlet in town is talking about that. We're glad to say that we're helping lots of Nalls Home Partners clients buy and sell in what can be a challenging transitional market.
On the home front, we've had a big month. In order: Our eldest, Callie, just finished her 1L year at William & Mary Law, and is headed off to an internship in Argentina next week. Adele graduated from JMU with a BS in Exceptional Education and starts straight into a fifth year masters program this week. Maddy came home from Copenhagen just in time for Mother's Day and heads back to New Orleans to work this summer before starting her senior year at Tulane in the fall. Eileen, who also made it for Mother's Day lunch between exams, will be working this summer at Penan and Scott, before heading back to Virginia Tech to finish up her accounting degree. Finally, in June, Lottie will be our fifth and final graduate from Walt Whitman HS and will be joining her sister at Virginia Tech this fall at the school of Engineering. Whew!
Thinking about how much it means to have the girls home and around the house again this week reminds me just how important your real estate transactions are. It really is about more than just buying and selling property; it's about supporting transitions to and from homes where memories are made. Thank you all for letting us be part of such a significant time in your lives.
Lastly, a shout out to our wonderful assistants, Emily Bowers and Becky Smith-Vogel, without whom we, very literally, could never do it all and certainly not the last couple of weeks! Emily coordinates our office and contract to close; Becky does our marketing and the newsletter - and provides the gentle reminders that we need to write the main article - which might never get done otherwise! Thank you ladies ;-)
Happy May! Tom, Barbara, Susan and Emily.
The Nalls Home Partners
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Client Of The Month
 
Our clients of the month this month are Andrew Berman and Kristina Berdan, shown here in front of the lot that will shortly be their new home at the Chestnut Lodge project in Rockville. The red barn you see in the background is an historic structure from one of the area's original farms, and will incorporate the garage for the house as well as additional storage. It was a perfect fit for Kristina and Andrew since she wanted the charm of a historic home and he wanted the amenities of new construction - and all within walking distance of Rockville Town Center. Because it's taken a while for the builder to get the permits from the city historic preservation folks, this one's been a long time coming but I love working with you both and it was worth it in the end. Congratulations- we did it!! Now let's get it built!
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Housing Prices Rise; Inventory Remains Slim 
Housing inventory remained tight in March with fewer condos and single-homes available. Median sales prices were also up in both categories, while single-family contract activity slowed slightly.
Washington, DC
The average number of days on market was down 24.69% from March 2012. The median price for condos
was up 8.2%, and single-family homes saw a 11.4% increase in the median price. Available inventory
dropped from March 2012, with 38.5% fewer condo listings and 31.8% fewer single-family listings. Condo
contract activity improved slightly in March, with a 2% increase over March 2012, and condo settlements
increased 10.8%. Single-family contracts in the District dropped slightly, 1.2%, but single-family settlements
saw a 14.3% increase over March 2012.
Montgomery County
The average number of days on market was down 35.56% over March 2012. The median price increased
5.3% for condos and 11% for single-family homes. Available inventory decreased for condos by 29.9%, and
also for single-family homes, 31.2%. New condo contracts increased by 7.5%, but decreased for single family homes by 5.8%. Condo settlements again saw a sizeable increase in March, 22.2%, and single family
settlements increased 15.3%.
Information Provided by Greater Capital Area Association of Realtors® |
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Regional
Sales Trends
Sales Trends for
Single Family Homes
Contracts Ratified Per Month
Montgomery County
(information from GCAAR) 
Washington DC
(information from GCAAR) 
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7701 Marbury Road
Bethesda, MD 20817
$2,249,000
Gorgeous new-build in 2007 beautifully improved by meticulous owners. Six bedrooms, five and a half baths, 7500+ sq ft on four full daylight levels, gorgeous finishes, fantastic room proportions, very large, open lot. Sumptuous master w/the bath and closet of your dreams, Viking/subzero kitchen with an island that goes on for days, mud room, porches, the works! Great sports court, deck & fenced backyard!
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5513 Westbard Ave.
Bethesda, MD 20816
$1,169,000
Come see the fantastic interior of this 5 level, 5 bedroom, 4.5 bath home in sought after Westwood. Gourmet kitchen with skylights and breakfast room, oversized dining room, butlers pantry are ideal for entertaining. Ample living space with huge family room with fireplace, recreation room, media room, formal living room with fireplace. Great location, less than 2 miles to DC or downtown Bethesda.
Please Click Here to View the Virtual Tour
Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $10,788.40
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821 Violet Place
Silver Spring, MD 20910
$615,000
Renovated Sears bungalow with top end upgrades. From the covered front sitting porch to the fenced back,this one has it all! three finished levels with master suite and bath, bright custom kitchen with bamboo floors,cherry cabinets, stainless steel appliances, concrete counters. Finished lower level with new full bath, recreation room and rear entrance.Off street parking, close to Downtown Silver Spring and Takoma Park Metro.Classic detail with modern finishes.
Please Click Here to View the Virtual Tour
Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $4,909
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5101 River Road #1502
Bethesda, MD 20816
$395,000
Amazing Location - Steps to Crescent Trail, Whole Food & Metro Bus in Front of Building! Spacious two bedroom, two full bath corner unit corner unit with awesome views from 15th floor balcony! Huge living room opens to gracious dining room, both rooms have crown molding & scenic views. Lots of closet space- 3 HUGE walk-in closets. Building includes: 24 hr Front Desk, Pool, Fitness Room, & Party Room. Garage Parking space included.
Condo Fee: $1013.00 Condo fee includes: Air Conditioning, Cable TV, Electricity, Heat, Management, Master Insurance, Trash Removal, Water, Pool, and Exercise Room
Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $3,369
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Under Contract
6506 79th Place
Cabin John, MD 20818
$1,389,000
Impressive Arts & Crafts home with 6 bedrooms, 5.5 baths, chef's kitchen w/granite counters & stainless steel appliances, 2 fireplaces, 1st floor bedroom suite with walk-in closet & full bath, master bedroom suite with dual walk-in closets, cathedral ceilings & lux bath. Finished lower level with recreation / media room, 6th bedroom, wine cellar / utility closet & full bath. Front & rear covered porches + 2-car garage & additional front driveway for extra parking! Rear hot tub! Easy commute to VA & DC. Whitman cluster.
Please Click Here to View the Virtual Tour
Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $13,494.51
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Under Contract
506 Jaystone Pace
Silver Spring, MD 20905
$649,000
Beautiful home on cul-de-sac backs to parkland! Four bedrooms, four full baths and 1 half bath, dramatic LR, stunning DR, Chef's Kit, mudroom, office, AMAZING master bedroom suite with sitting rm, upper level lounge, walk-out LL! This house has it ALL!Breathtaking details abound; exquisite built in cabinetry, crown & chair rail moldings, cathedral ceilings & skylights! Huge deck w/ hot tub & great yard + 3 car garage!Please Click Here for the Virtual Tour
Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $6,298.59
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Under Contract
5101 River Road #1504
Bethesda, MD 20816
$375,000
Fabulous Location - Steps to Crescent Trail, Whole Food & Metro Bus in Front of Bldg! Spacious two bedrooms and two full baths, unit with Awesome Views from 15th Floor Balcony! Huge Living Room Opens to Gracious Dining Room. Lots of Closet Space. Purchase and Expansion Opportunity Exists with Adjacent Unit Which is Owned by Same Owner. Bldg includes: 24 hr Front Desk, Pool, Fitness Room, & Party Room. Garage Parking.
Condo Fee: $774.00
Condo fee includes: Air Conditioning, Cable TV, Electricity, Heat, Management, Master Insurance, Trash Removal, Water, Pool, and Exercise Room
Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $3,368.12
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Under Contract
1912 Cradock Street
Silver Spring MD, 20905
$399,000
Spacious five bedroom, three and a half bath colonial in Good Hope Estates. Fresh paint and carpet ,hardwood floors,l arge level lot, on a quiet street. Large kitchen opens to family room,formal living and dining room, finished lower level with separate bedroom and full bath, renovated baths, attached garage. Plenty of practical living space at a very attractive price.
Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $3,999.00
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Sold!
206 Halpine Walk Court
Exceptional townhouse in pristine condition 1 BLOCK TO METRO! This property shines top to bottom - gleaming hardwood floors, palladium windows, vaulted ceilings, sun-filled Corian kitchen with breakfast bar, breakfast room, & stainless steel appliances. Finished walk-out lower level with gas fireplace. HUGE master bedroom with luxurious bath & 2 walk-in closets. 2 car garage! Please Click Here to View the Virtual Tour Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $5,801.20
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Sold!
5321 Ridgefield Road
Bethesda, MD 20816
$799,000
Fantastic four level, four bedroom and three full bath split in great location. Remodeled kitchen with Corian, new full bath with roll in shower, two fireplaces, attached garage, hardwoods, large wooded lot, formal dining an living, enclosed screen porch and deck, all minutes from shopping, DC and downtown B-town. Great deal for a great neighborhood. This won't last long. Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $8,754.64
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 Coupon! 10% Off
for Nalls Home Partners Clients!  We Deliver - You Pack - We Pick Up - We Store and Move!410-353-5268
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Click On Image to Visit
Our Blog
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Today's Interest Rates
30 Year Fixed 3.54%
15 Year Fixed 2.72%
5 Year Arm 2.63%
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Click On Image to Visit Our Website |
Know Your Stuff® - Home Inventory, the Insurance Information Institute's free online home inventory software. This application makes creating and updating your home inventory easy and efficient. And with our free, secure online storage you will have access to your inventory anywhere, any time. You never know when a disaster may strike, but you can be prepared with an up-to-date home inventory.
Click on Above Image to Enroll in this Free Online Program
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Bike to Work Day in Washington, DC
Date: Friday May 17th
Friday May 17, 2013 Commuter Connections and the Washington Area Bicyclist Association invites you to join over 10,000 area commuters for a celebration of bicycling as a clean, fun and healthy way to get to work. Attend one of 70 pit stops throughout D.C., Maryland, and Virginia to receive a free T-shirt, refreshments, and be entered into a raffle for a free bicycle!
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Hometown Holidays 2013 - City of Rockville's Memorial Day Event
Dates: May 25 - 27, 2013
Location: Rockville Town Center
Annual street festival celebrating Memorial Day. The three-day event features dozens of entertainers performing on seven stages, children's rides, teen activities, VisArts Fine Arts Festival, an environmental expo, the Taste of Rockville, the Annual Ride for Rockville Bicycle Tour, and the Memorial Day Ceremony and Parade. Click Here for More Information on Events |
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Walk Score!
What is Your Home's Walk Score? Click on the Above Image to Find Out!
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Check Out Our School Boundary Widget on Our Website!
Find School and District Boundaries
 What School is this Property Zoned to? Click on the Above Image or go to our Home Page www.nallshome.com to Find Out! (Look in the Middle of the Home Page)
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Deb Levy Eagle Bank 1425 K Street, NW Washington, DC 20005 Office 202-292-1581 Mobile 301-332-7758 Fax 301-841-0282 NMLS ID: 481255
deblevy@eaglebankcorp.com
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Counselor Title, LLC
John G. Nalls
4400 Jenifer Street, NW Suite 200
240-498-8290
240-498-8290
240-498-8290
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Chip Castell
301-593-7964
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Brian T. FarasyVice President/Mortgage Banker
NMLS# 728159
15400 Calhoun Drive Suite 170
Rockville, MD 20855
Phone: (301) 279-5145
Mobile: (240) 277-4422
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Alliance Home Improvement
301-260-7695 Main
240-223-7733 Direct
301-260-7693 Fax
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RTS Environmental
Services, Inc.
www.rtsenvironmental.com 301-607-6276 1-800-722-5589 rtsenviro@comcast.net RTS Environmental Services performs Pre-Purchase and discovery inspections for Mold and Asbestos building issues. RTS also provides solutions for issues which may require mold and asbestos removal according to industry methods, practices and standards.
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James Scott, Jr.
6001 Montrose Road Suite 805
Rockville, MD 20852
301-881-3220
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Contact Us
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Long & Foster Real Estate, Inc.
Nalls Home Partners, LLC.
Top 1% of Realtors Nationwide
4733 Bethesda Ave,
Bethesda, MD 20814
Tom's Cell: 301-237-5170
Barbara's Cell: 240-602-9035
Susan's Cell: 301-943-3851
Office: 240-497-1700
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All information in this e-newsletter is deemed reliable but not guaranteed.
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