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Nalls Home Partners
E-Newsletter

November 2013

Thankful  

 

 

With the holidays fast approaching, we thought it would be appropriate to list some things we are thankful for:

  
We're thankful we live in the strongest real estate market in the country. Other areas are years away from a housing recovery, but our local market is very strong. In addition, the sharp fluctuations in market activity are leveling off. Our market is steady and stable.

 

We're thankful the government shutdown didn't greatly affect our market. With a large concentration of government workers and associated businesses, the shut down could have been disastrous to local real estate. It appears the shut down extended the Fall market, a good thing really. Houses are selling briskly, well past the time things normally "slow down". We're expecting high levels of activity right into the New Year.

 

We're thankful interest rates are still very low, and it appears they will stay there. The new appointee  for the Fed has said she wants to keep them there. Low rates mean more people can achieve their dream of home ownership, always a good thing.

 

Most of all, we are thankful for you, our clients. Without your trust, our business would be nonexistent. Your commitment to us, and the referrals you send us, are the reasons we are able to stay involved in this "cray business".  Without you, we are nothing. THANK YOU!

 
 

Barbara, Tom, Marc and Susan

Nalls Home Partners


 
Tom and Barbara   









The Nalls Home Partners 
 Client Of The MonthMarc Hershkowitz
 
 
Our Client of the Month isn't a client at all, but rather we want to introduce our newest team member Marc Hershkowitz! Marc comes to us with a very strong real estate resume that includes working with some of the best agents in our area. He's a talented agent in his own right but will also be working as our office manager and general assistant, particularly with processing and contract-to-close. In the two months that he's been with the team he has already made himself an invaluable asset and I know our clients have all enjoyed working with him as much as we do. 
 
When he isn't here in the office, Marc enjoys spending time with his son Ron and loves camping and listening to live music. Marc also has a passion for teaching and teaches fifth grade religious school and speaks Hebrew fluently.
  
  
September Settlements Remain Strong; Inventory Up in Montgomery County
Real Estate News
Inventory remained tight in the District for condos and single-family homes during the month of
September, but started to rise in Montgomery County. Both jurisdictions continued to see strong settlement activity.
  
Washington, DC The average number of days on market was down 37.5% compared to September 2012. The median price for condos was up 6.8%, and single-family homes saw an 15.4% increase. Available inventory declined slightly for condos in September with 4.9% fewer listings, but single-family listings saw no change. Condo contracts rose 8.9%, and condo settlement activity saw a 10.8% increase over 2012. Single-family contracts saw virtually no increase, but single-family settlements increased 12% over September 2012.
  
 Montgomery County The average number of days on market was down 36.2% from September 2012. Median condo prices saw a 5.8% increase, with the price of single-family homes increasing by 7.9%. The amount of available inventory increased for condos and single-family homes - 13.9% and 7.7% respectively - compared to September 2012. Condo contracts saw a 14.5% rise in September, but the number of new single-family contracts decreased by 3.5%. Settlements were again on the rise in September, with a 29.2% gain for condos, and a 13.6% increase for single-family homes.

 

Information From the GCAAR
  
  
Regional 
Sales Trends For Single Family Homes 
  
Contracts Ratified Per Month
 
Montgomery County
   MC SALES TRENDS
  Washington DC

 

      DC SALES TRENDS

Information provided by GCAAR

Our Listings

5119 Manning   

 

5119 Manning Drive
Bethesda, MD 20814
$1,425,000

Absolutely enchanting expanded renovated cape, just steps to Downtown Bethesda! True Chef's Kit w/ granite counters, Island, Viking range & separate Sub 0 frig & freezer. Kit opens to large FR addition w/ coffered ceilings & built-ins. Mudroom. 3 Renovated BA's! Decadent MBR w/ private BA. Upper level laundry. Driveway, garage, screened in porch & fenced yard! The perfect location!


 

 

 

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

11,532.51

 

2709 Blaine  

2709 Blaine Drive
Chevy Chase, MD 20815
$735,000

This is it! Expanded, updated, colonial on one of Rock Creek Forest's prettiest streets! Versatile floor plan, Large bright rooms, updated eat in kitchen, real 1st floor family room, beautiful sun room open to patio, generous bedrooms with good closets, large, charming lower level with multiple rooms, great private lot. Very well maintained & cared for, new windows, recent systems, excellent opportunity in very popular neighborhood!

  

Please Click Here to View the Virtual Tour 

 

 

 Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $6,017.05

Billman  

1712 Billman Lane
Silver Spring MD 20902
$429,000

Large pristine Dutch colonial w/ 4 BR~s up! Renovated marble kitchen opens to family room Sep. DR. Oversized LR. Enchanting screened in porch. MBR suite w/ sitting room + priv. bath w/ dual vanity & jet soaking tub. There are three additional large bedrooms plus, another full bath on the upper level. Finished walk-out lower level with daylight sun, recreation room, den / guest room, + lots of storage. Driveway & big fenced yard!

Please Click Here to View the Virtual Tour 

 

 

 

Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $4,589.11

 

2811 Blaine   

2811 Blaine Drive
Chevy Chase, MD 20815
$675,000

 Wonderful three bedroom, three full bath rambler in Rock Creek Forest! Bright, versatile floor plan, large rooms, updated kitchen (all new stainless steel appliances.) open to sunny breakfast/sitting rm. Fresh paint, carpet, gleaming hardwood floors, energy efficient windows. MBR w/ FB. Great daylight walk out LL w/ FR, rec. room, full bath, gym area & mudroom area. Attached garage, nice deck, beautiful lot.

 

 

Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $6,455.16

 

Under Contract 

511 Goodland Place  

511 Goodland Place
Rockville, MD 20850
$699,000
Super popular Lakewood Model on beautiful Goodland Place with ALL the builder upgrades: finished third floor with bath, finished garage loft with half bath, an inviting front porch, gorgeous finishes, hardwood floors, the works! 3/4/5 bedrooms (including loft and 3rd floor), three full and two half baths, kitchen open to family room with fireplace, courtyard patio, great garage, loads of storage. No disappointments - this one shines!

 

 

 

 Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $7,804.62

 

Under Contract 

Exterior Front Marbury     

7701 Marbury Road 
Bethesda, MD 20817
Thoughtful design & breathtaking details combine to make this 4 level, 6BR, 5.5BA Craftsman the home of your dreams. Well cited on a very large lot, the distinctive residence offers substantial living, dining & family rooms, a magnificent chef's kitchen, mudroom, library, porch, a beautiful deck & spacious 2 car garage.  Large bright bedrooms & a decadent owner's suite upstairs and perfectly finished LL open to the fenced rear yard (& sportcourt!) complete the picture. Ideally located near schools and vibrant downtown Bethesda, this is the one you've been waiting for!


Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $22,714.140

 

 

Under Contract 

4020 17th  

4020 17th Street, NW
Washington, DC 20011
$825,000
The best of EVERYTHING!! Beautiful original owner colonial, new kitchen, fresh paint, gleaming hardwood floors, renovated baths & newly finished LL - the works! 3/4 bedrooms,  2 full baths + 2 half baths, including  possible 1st floor master bedroom. Sun room, family room. Fantastic over sized lot w plenty of room for expansion and/or garage,Fantastic Crestwood location just minutes to downtown, Rock Creek Park, vibrant Silver Spring.

Under Contract 

17514 Kohlhoss Road  

17514 Kohlhoss Road

Poolesville, MD  20837
$209,000
Charming, well maintained townhome with unique floor-plan. Upgraded eat in kitchen with great flow. Large master bedroom with walk-in. Natural light-filled lower level with full bath, huge family room, separate laundry and utility. Slider to private fenced yard. Updated baths throughout. Fantastic closet space on all three levels. Affordable option for County schools. Easy commute by car, boat, or train

  

Click Here to View the Virtual Tour 

 

Estimated Tax and Non Tax Charges in the First Fiscal Year of Ownership

$2,103.70

 

 

Under Contract 

Westbard     

5513 Westbard Ave.
Bethesda, MD 20816
$1,074,000

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

 

 

Sold   

The Kenwood  

5101 River Road #1502
Bethesda, MD 20816
$379,000
 
Amazing Location - Steps to Crescent Trail, Whole Food & Metro Bus in Front of Building! Spacious two bedroom, two full bath 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

Sold

   

       

8722 MANCHESTER RD #8 
SILVER SPRING,
$119,000

 
Bright, renovated, convenient - and at a price you can afford! Large sunny top floor 2 BR unit. Spacious living room, dining area + renovated kitchen w/ stainless steel appliances and Silestone Counters! 2nd BR w/ custom built-ins. Great closet space. + extra storage. Fee inc: taxes & all utilities- it's a great deal!
Monthly Coop Fee: $492.31
 


 Estimated Tax and Non-Tax Charges in the First Fiscal Year of Ownership $1,025.00

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In This Issue
5119 Manning Drive...
2709 Blaine Drive
1712 Billman Lane...
2811 Blaine Drive...
511 Goodland Place
Blog 
 
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  Interest Rates
Today's Interest Rates
  
30 Year Fixed 4.35% 
15 Year Fixed 3.35% 
5 Year Arm 3.01% 
  
Fun Event
parade


 
 Silver Spring Thanksgiving Parade 2013
Date: November 23, 2013


Parade Start Time
10 a.m.
  
Parade Route:
The parade begins at Ellsworth Drive and Veterans Place and proceeds South on Georgia Avenue, ending at Silver Spring Avenue
.
The Silver Spring Thanksgiving Parade, officially named the Montgomery County Thanksgiving Parade, kicks off the holiday season with a family friendly celebration in
The lineup includes giant balloons, a variety of floats and Santa's sleigh accompanied by reindeers and elves throwing candy canes to the crowd.

 

 

 

 

  

 

Fun Event

 

 

Turkey Chase  

 

 

YMCA Turkey Chase

 

Date and Tome: November 28, 2013, 8:30 a.m. 9401 Old Georgetown Rd. Bethesda, Maryland

 

 

The largest race in Montgomery County, Maryland and the signature charity event of the Bethesda-Chevy Chase Rotary and the YMCA Bethesda-Chevy Chase, the annual Turkey Chase will benefit charities supported by the Bethesda-Chevy Chase Rotary Club, YMCA Bethesda-Chevy Chase scholarships, financial assistance and YMCA Youth & Family Services.

 

The 2-mile walk/run and the USATF-certified 10 kilometer race are both open to the entire family.  Turkey Chase also holds the Tot Trot 50 meter race, which is designed for all ages, whether your little one is just beginning to walk or loves to run and play. Each participant will receive a shirt and a special prize and memories that will last a lifetime.


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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.