Spring Market
Nalls Home Partners
E-Newsletter

June 2013

Emotions when buying and selling a home

Buying or selling a home is a stressful and emotional process. Buyers feel the disappointment when they're "outbid" for a house in a multiple offer situation. Sellers feel the pain when they don't sell their house right away. After all, it's the best house in the neighborhood!

The trick is to minimize the emotional part of the process. One of the hardest things for a seller to hear, either from their agent or others, is what's wrong with their house. I always use the same example. When I walk into my vet's office with one of my dogs and he says "Your dog is fat", the first thing I say is "No he isn't!". Well, chances are he is. The vet doesn't see him every day so he notices the difference. The same thing with a seller getting their house ready for the market. The small scratch in the hardwood that's been there is no big deal, you see it every day, but to a potential buyer, they'll notice it. Any needed repairs or improvements aren't evaluations of your house or you as homeowners. They are the necessary steps needed to try and maximize the price you get for your house. Replacing a solid brass and crystal chandelier worth $5,000 with a $200 fixture from Home Depot doesn't make much sense, but that's what today's buyers want, so you do it.

If a buyer gets to the point of writing an offer, they have invested in the property emotionally. When their offer isn't accepted, the feelings of rejection and disappointment are natural. Easier said than done, but you need to move on. Things truly happen for a reason, and we can't count the number of times a disappointed buyer ends up finding the "dream home" a week later. If it wasn't meant to be, it wasn't meant to be. Stay positive, the right one is out there.

One more potential emotional powder keg is the home inspection. Sellers get annoyed because someone is "criticizing" their house and their ability to care for it. Buyers get agitated because their "dream home" isn't perfect. Remember, all houses have flaws, even brand new ones. Keep things in perspective. Ask yourself if it's really important, and proceed accordingly.

The thing to remember, for buyers and sellers, is a house is four walls and a roof, and everything in between. You make it a home. The love and laughter of a home is what gives it value, and that doesn't convey. You get to keep that forever.

 

 

Tom, Barbara, Susan and Emily.

Nalls Home Partners

Tom and Barbara   










The Nalls Home Partners 
 

Client Of The Month

Client of the Month  

    

Our Clients of the Month are the O'Donoghues, Anne Marie, Karl, and their three adorable boys. We've had the pleasure of knowing the family for several years since Anne Marie is a teacher at Walt Whitman, where all five of our daughters went to high school. In addition, Anne Marie and Karl coached our daughter Eileen for four years in softball. Throw in a few nights of babysitting, pizza parties, and games, and we've spent a lot of time together.

 
After a lot of thought, Anne Marie and Karl decided they wanted to be closer to Whitman, where they spend so much time teaching and coaching, and closer to the schoolmates of the boys, so they took the plunge. They listed their house and sold it to be able to better compete in today's crazy buyer's market. A very scary process, but they got everything done. They got their house ready for the market, sold it with no new home on the horizon, worked full time, took care of three very active boys, found their new home, moved, all in a month's time! We truly don't know how they did it. I guess when you deal with teenagers every day all day, anything is possible. We're thrilled they were able to move into the community that they were already such a big part of. Welcome!  

 

List of Improving Housing Markets Grows
Housing Market Improves

Daily Real Estate News | Friday, June 07, 2013

More than 70 percent of U.S. metros' housing markets are showing signs of strengthening, according to the June release of the National Association of Home Builders/First American Improving Markets Index. The number of improving housing markets totaled 263 in June, with metros from 49 states and the District of Columbia included. The index identifies metro areas that have shown improvement in housing permits, employment, and housing prices for at least six consecutive months.  

 

For June, 29 metros were added to the list while 24 dropped off. Among the new metros added in June: Salinas, Calif.; Sioux City, Iowa; Chicago; Topeka, Kan.; Baton Rouge, La.; Laredo, Texas; and Philadelphia. 

"As market conditions improve across most of the country, some metros have moved onto the IMI list while marginal seasonal fluctuations have nudged others off of it," says NAHB Chief Economist David Crowe. "This is to be expected as the recovery expands. Meanwhile, it's worth noting that the number of improving markets is now more than three times what it was in June 2012."  


Information Provided by National Association of Realtors®    

 

Regional
Sales Trends

Sales Trends for   
Single Family Homes
Contracts Ratified Per Month

Montgomery County

(information from GCAAR)    
MC graph for June 2013
Washington DC   
(information from GCAAR) 
 DC graph for June 2013

Our Listings

7701 Marbury  

7701 Marbury Road
Bethesda, MD 20817
$2,100,000
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!

  

  Please Click Here to View the Virtual Tour       

Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $21,006.57

 

 

Westbard     

5513 Westbard Ave.
Bethesda, MD 20816
$1,089,000

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

 

 

Violet     

821 Violet Place 
Silver Spring, MD 20910
$599,000

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

 

 

   

Torran Rocks    

7403 Torran Rocks Way
Gaithersburg, MD 20879

$225,000
 
This is a great home, excellent value!  Large eat-in country kitchen with skylight, Pergo flooring & new frig. Living room w/ fireplace. Bath w/ skylight. Finished lower level. Big in yard. Off street parking. 



Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $2,792.92

   

The Kenwood  

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

Under Contract 

Exterior Front Davis     

911 Davis Ave.
Takoma Park, MD 20912
$649,000
 

Original Farm Home in highly sought-after Takoma Park. This rarely available special property, built circa 1900, boasts an enchanting covered front porch, original wood floors, intricate wood trim, period moldings, and custom built-ins, and sits on a lovely corner lot with a fish pond, a fully fenced in yard, mature espaliered apple tree, and blooming flowers. Huge rear deck & great  front porch! 

  

 Please Click Here to View the Virtual Tour      

 

Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $7,502.26

 

 

Under Contract

1622 Cody       

1622 Cody Drive 
Silver Spring, MD 20902
$488,000

Renovated & expanded cape cod in Forest Estates, .52 miles to Forest Glen Metro. Four bedrooms, two and a half baths. Granite & stainless steel kitchen, opens to sun-filled family room. Stylish new kitchen, sleek new baths, magnificent Bamboo flooring, replacement windows & new high-end appliances! Finished lower level. Covered front porch, rear shed, built-in brick BBQ pit, patio, rear basketball court & fenced in level backyard!.

 

 Please Click Here to View the Virtual Tour      

Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $4,235

 

 

Under Contract

    

4216 Gelding Lane 
Olney  MD 20832
$525,000

Immaculate four bedroom, two and a half bath colonial. Updated throughout, three finished levels, two car garage, great lot, across from park. Kitchen with granite, stainless steel and custom cabinets. Renovated baths. Large bedrooms. Screen porch and deck. Gleaming hardwood floors, two story foyer, built ins, crown molding, to much to list. Priced to sell!

 

 Please Click Here to View the Virtual Tour      

Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $4,804.27

 

 

Under Contract 

2708 Blaine     

2708 Blaine Drive 
Chevy Chase, MD 20815
$710,000
 

Picture perfect, classic colonial in sought after Rock Creek Forest. GREAT room sizes, updated kitchen, dining room with 2 built-in China cabinets, main level family room addition, 3 sun filled bedrooms on upper level, + finished walk-out lower level with full bath & 4th bedroom! Exterior with side screened in porch, deck, driveway & garage! Near park, school, shops, swim/tennis - a great value! 

  

 Please Click Here to View the Virtual Tour       

 

Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $6,128.82

 

 

Sold

79th Place     

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

 

 

 Sold 

Cradock  

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

Sold

The Kenwood  

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

 

Sold 

Exterior Front    

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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In This Issue
List of Improving Housing Markets Grow
Regional Sales Trends
7701 Marbury Road
5513 Westbard Ave....
821 Violet Place
7403 Torran Rocks Way.
5101 River Road #1502..
1622 Cody Drive.
4216 Gelding Lane.
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National Capital Barbecue Battle 2013
 
BBQ    
   Dates and Times
June 22-23, 2013 
Saturday 11 a.m. to 10 p.m. 
Sunday 11 a.m. to 7:30 p.m.

Location: 
Pennsylvania Avenue, NW, Washington, DC between 9th & 14th Streets. 
Near Federal Triangle, Metro Center and Navy-Mem'l Archives Metro Stations. 

The National Capital Barbecue Battle is an annual competition between top BBQ restaurants from the Washington, DC area and around the country. If you love barbecue you'll love the food samples, cooking demonstrations, interactive displays and children's activities at this sizzling summer festival. The nation's best barbecue teams cook-off for over $40,000 in cash and prizes in two major contests.
  
AFI DOCS 2013 (formerly Silverdocs)
AFI Theater  
 
Dates: June 19-23, 2013
Location: AFI Silver Theater 
8633 Colesville Road 

AFI DOCS (formerly Silverdocs) is a film festival that was created through a unique alliance between the American Film Institute (AFI) and Discovery Channel to showcase, honor and expand the audience for independent documentaries. AFI DOCS brings the best new documentaries to Washington, DC area audiences, showcasing 53 films representing 30 countries. In 2013, the film festival was renamed and expanded to include venues on the National Mall and the Penn Quarter neighborhood of Washington DC and at the AFI Silver Theatre and Cultural Center in Silver Spring, Maryland.

Click Here for Schedules and Film Details


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Walk Score

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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!   
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Eagle Bank 

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 

 

August 2009 Sales Numbers 
Counselor Title, LLC
John G. Nalls 
4400 Jenifer Street, NW Suite 200
240-498-8290
240-498-8290
240-498-8290
Home Inspector
Chip Castell
301-593-7964
Preston Lawn Landscaping
 
Casey Spears
301-725-2555 
casey@prestonlandscaping.com 
 Preston Landscaping
 
Benware Termite
Allen
301-260-1840 
 
Brian T. Farasy

Vice President/Mortgage Banker
NMLS# 728159
15400 Calhoun Drive Suite 170
Rockville, MD 20855
Phone: (301) 279-5145
Mobile: (240) 277-4422
Efax: (301) 560-6368
Email:  BFarasy@fpfc.net
Website:
firstplacebank.com
 
 
AHI
Alliance Home Improvement
301-260-7695 Main
240-223-7733 Direct
301-260-7693 Fax

 

 
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. 

James Scott,  Jr.
6001 Montrose Road Suite 805 
Rockville, MD 20852
301-881-3220 
Contact Us
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Long & Foster Real Estate, Inc.
Nalls Home Partners, LLC.

Top 1% of Realtors Nationwide

7700 Old Georgetown Road, Suite 120 
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




   
All information in this e-newsletter is deemed reliable but not guaranteed.