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The Market Is Moving....You Could Be Too!
I recently saw a post card from another Realtor with that wonderful tagline. It's not so terribly unique that I feel awkward re-using it, but a tip of the hat to friend and colleague Sharon Buchanan with Remax just in case...
Regardless, the sentiment is perfect. After so many years of down markets and depressing real estate news, folks finally feel like moving is an option. Sure, interest rates are up a tiny bit, but they are still very, very low. Heck, we would have all been tripping over each other to get 4.25% back at the peak of the market. And it's a nice, balanced market out there. Listings selling reasonably quickly and easily; buyers getting nice houses in one or two tries; lenders being sort of halfway rational about loaning mortgage money...pretty good stuff.
So now, instead of a marketplace full only of people who absolutely HAVE to move, we are seeing discretionary moves and lots of folks who just WANT to move house, for all sorts of reasons. And that could be you. Dream a little. Maybe you've always wanted a bit of elbow room from the neighbors, or a pool, or a guest room or a contemporary rather than traditional home. Whatever the reason - and there are as many as there are people and families - we're here to help.
If you need a little inspiration, try looking at my favorite web-addiction, Houzz. It's pure house-porn. Love it!
Enjoy the rest of the summer, stay cool, have fun and we'll see you in September!
Barbara, Tom, Susan and Emily,
Nalls Home Partners
The Nalls Home Partners
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Client Of The Month
Our Clients of the Month are Robbie and Megan Barbero, here with their two adorable daughters, Tessa and Zoe. Megan is an attorney specializing in appellate litigation with Wilmer Hale and Robbie works in science policy in Washington DC. More importantly, the Barberos will be the newest neighbors in the beautiful Chevy Chase neighborhood of Rock Creek Forest later this summer. Between now and then they'll be working with our friends at Alliance Home Improvement on some renovations to make their new home just perfect. The house will be gorgeous and we know they'll love the neighborhood - great quiet location, easy commute, and wonderful access to Rock Creek Park. Congratulations Robbie and Megan!
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Sales Prices Continue Their Upward Climb - Settlements Remain Strong in the District and Montgomery County 
Inventory remained tight and median sales prices were up in both jurisdictions for condos and single-family homes. The condo market continued to rebound with settlements in the District and Montgomery County up significantly over June 2012.
Washington, DC
The average number of days on market was down 38.46% from June 2012. The median price for condos was up 7.2%, and single-family homes saw an 11.7% increase in the median price. Available inventory continued to decline compared to June 2012, with 31.4% fewer condo listings and 14.7% fewer single-family listings. Condo contracts saw a modest increase, 9%, but settlement activity continued to be brisk with a 21.6% increase over 2012. Single-family contracts in the District increased 10.3%, and single-family settlements saw a 6.3% increase over June 2012.
Montgomery County
The average number of days on market was down 41.07% over June 2012. The median condo price saw a small increase of 3.3%, with the price of single-family homes increasing by 7.1%. Available single-family inventory declined 15.8% compared to June 2012, and condo inventory decreased by 5.2%. New condo contracts increased by 21.9% in June, and new single-family contracts rose by 13%. Settlements were again on the rise in June, with a 28.5% gain for condos, and a 16.8% increase for single-family homes.
Information Provided by GCAAR® |
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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
$1,999,000
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
$1,089,000
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
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5101 River Road #1502
Bethesda, MD 20816
$385,000
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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Sold
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
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Sold
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   Â
Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $4,235
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Sold
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
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Sold
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
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Sold
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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Sold
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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 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 4.31%
15 Year Fixed 3.39%
5 Year Arm 3.16%
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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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Screen on the Green 2013 in Washington DC Free Outdoor Movies at the National Mall
* August 5th "Willy Wonka and the Chocolate Factory"
* August 12th - "Tootsie"
Screen on the Green is a favorite Washington, DC summer tradition. Bring a blanket to the National Mall on a warm night and watch a classic film on a gigantic movie screen. Films are shown on Monday nights beginning at dusk, around 8:30-9:00 p.m. People start to claim their spots on the lawn as early as 5 p.m. Movies play except in extreme weather and there are no rain days.
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Bethesda Chevy Chase Restaurant Week 2013
July 29th-August 4th
 Bethesda Chevy Chase Restaurant Week offers prix fixe lunch for $12 or $16 and three-course dinner menus for $33 at dozens of Bethesda area restaurants. Restrictions may apply. Cuisines include American, French, Greek, Indian, Italian, and more. Please call individual restaurants for restrictions, menu options and reservations. Click Here to See the Participating Restaurant List
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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
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
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All information in this e-newsletter is deemed reliable but not guaranteed.
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