Happy Holidays and Happy New Year
The real estate market has been terrific this year and thanks to your referrals it looks like one for the record books. We try to make it look easy but of course it rarely is, and heaven knows we couldn't do it alone. So as we wrap up the year and head into the holiday break, here's a big shout out and happy holidays to some of the many folks associated with our real estate team - with a big THANK YOU for a fantastic 2013!
- Our terrific assistants: office manager and processor Marc Hershkowitz, marketing and internet assistant Becky Smith-Vogel, and Emily Bowers.
- All of our dependable lenders but especially Deb Levy with Eagle Bank, Joe Nalls and Karen Van Zandt with Prosperity Mortgage, and Brian Farasy with 1st Place Bank
- Our tireless settlement attorneys John Nalls at Counselors Title, Bobby Lee at Sage Title, Tony Duvol at RGS - and all the their processors and staff too!
- All the trades associated with getting our listings ready to show and attending to home inspection punch lists including Irshad and Nanda at Alliance Home Improvement, Casey Spears at Preston Landscaping, Nick Sage at Smartbox, Rick Neumann, Neumann & Associates (floors), Alan Ruprecht at Benware Termite Control.
- The folks who help us market your homes - all the photographers at Mouse on House (now TruPlace) but especially Sean and Bobby, L&F's own marketing Maven Julie Molster, the great staff at Marketing Matters, and the unsung - but much appreciated - staff in our wonderful Long and Foster Bethesda office - Belinda, Tammy, Maureen and Pritesh
The list is woefully incomplete, but the point is the same - we are blessed to be associated with so many wonderful, dependable professionals and we truly couldn't do it all without them.
Now for a peek at 2014, check out this link for ideas about the real estate design trends and colors coming our way....
Click here to read about whats hot for home decor in 2014
Barbara, Tom, Marc and Susan
Nalls Home Partners
The Nalls Home Partners
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Client Of The Month
Our Clients of the Month are Newlyweds Chris Poda and Helena Basche, pictured here in front of their beautiful new home on Woodman Avenue in Silver Spring.
We met Chris and Helena a number of years ago when another house on Woodman Avenue caught their eye. They weren't quite ready to buy at the time, and then wedding plans took priority, but we stayed in touch and sure enough, another house down on the cul de sac, backing the park, came on the market. Their story is a great example of how technology is improving our business; all three of us were immediately notified when a house that met their criteria came on the market. Although it literally took years, when the right one came, we all knew immediately and the rest, as they say, is history.
Congratulations Chris and Helena! Many happy, healthy years in your new home.
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October Pending Home Sales Down Again, but Expected to Level Out
WASHINGTON (November 25, 2013) - Although conditions were mixed across the country, pending home sales continued to move lower in October, marking the fifth consecutive monthly decline, according to the
National Association of Realtors �.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, slipped 0.6 percent to 102.1 in October from an upwardly revised 102.7 in September, and is 1.6 percent below October 2012 when it was 103.8. The index is at the lowest level since December 2012 when it was 101.3; the data reflect contracts but not closings.
Lawrence Yun, NAR chief economist, said weaker activity was expected. "The government shutdown in the first half of last month sidelined some potential buyers. In a survey, 17 percent of Realtors� reported delays in October, mostly from waiting for IRS income verification for mortgage approval," he said.
"We could rebound a bit from this level, but still face the headwinds of limited inventory and falling affordability conditions. Job creation and a slight dialing down from current stringent mortgage underwriting standards going into 2014 can help offset the headwind factors," Yun said.
Modest gains in the Northeast and Midwest were offset by declines in the South and West. Yun notes there
was a greater impact in the high-cost region of the West, where tight inventory also is holding back contract offers. He expects generally flat home sales going into 2014, but continued growth in home prices from limited inventory conditions.
The PHSI in the Northeast rose 2.8 percent to 85.8 in October, and is 8.1 percent above a year ago. In the Midwest the index increased 1.2 percent to 104.1 in October, and is 3.2 percent higher than October 2012. Pending home sales in the South slipped 0.8 percent to an
index of 114.5 in October, and are 1.5 percent below a year ago. The index in the West fell 4.1 percent in October to 93.3, and is 12.1 percent lower than October 2012.
Yun said there are concerns heading into 2014. "New mortgage rules in January could delay the approval process, and another government shutdown would harm both housing and the economy," he said.
Annual existing-home sales should be nearly 10 percent higher this year than in 2012, totaling just above 5.1 million, with a comparable volume expected in 2014. The national median existing-home price for 2013 is projected to be 11 percent above last year, and then cool to a 5.0 to 5.5 percent increase in 2014.
Information From the National Association Of Realtors�
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Regional Sales Trends For Single Family Homes
Contracts Ratified Per Month
Montgomery County
Washington DC
Information provided by GCAAR
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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!
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4826 Bradley Blvd #211
Chevy Chase, MD 20815
$569,000
Perfect Bethesda location! Updated end unit townhouse in Kenwood Forest - Just steps to Crescent Trail, Downtown Bethesda, shopping, coffee shops & Metro! Inviting living room with custom built-ins -opens to large rear deck. Table space granite kitchen with ample counter space & cabinets. First floor powder room & additional storage. Upstairs are two en-suite bedrooms with renovated private full baths & double closets + new stack Wash/Dryer!
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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!
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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
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Under Contract
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
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Under Contract
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
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Under Contract
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
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Under Contract
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
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Under Contract
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
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Sold
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.
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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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Our Blog
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Today's Interest Rates
30 Year Fixed 4.46%
15 Year Fixed 3.47%
5 Year Arm 2.99%
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Fun Event
The Water-skiing Santa 2013 Washington, DC
Date and Time: December 24, 2013 at 12:30 p.m. Rain, snow or shine.
This special event features a water-skiing Santa, flying elves, the Jet-skiing Grinch, and Frosty the Snowman performing on the Potomac River. Join in the Sing-along.
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Fun Event
Zoolights
Date and Time:
January 1, 2014 (except for December 24, 25, and 31)
Zoolights is the foremost holiday tradition in the DC Metro Area: a free holiday event that attracts over 100,000 people each year. Amidst the holiday lights, attractions, and cups of warm apple cider you'll find endless opportunities to begin new holiday traditions.
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Click On Image to Visit Our Website
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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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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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Junk in the Trunk
"We Smell Better"
Scheduling or rate inquiries
Call 877-JITT-NOW (877-548-8669) or E-mail: [email protected]
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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 [email protected]
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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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Preston Lawn Landscaping
Casey Spears
301-725-2555
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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
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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
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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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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