Off We Go!
I'm watching workers take down the holiday decorations on the building across the street from my office, and, swamped returning calls, thinking about how our "spring market" seems to be taking off already. Odd. But if it wasn't so cold, I'd wonder where winter went because in here if feels like spring - it's that busy.
What's driving it? Pent up demand, for one thing. Lots of buyers lost heart last spring when the competition was so fierce, and then lost interest to the distractions of the summer, the election and then the holidays. Couple that with low inventory and I think a lot of folks put their move on hold.
Now though, interest rates have taken a little dip with a promise to rise this year. Of course, they have been saying that for a while, but some professionals who are a lot smarter than I am are saying they really will go up - and that is going to be stimulative. Very, very stimulative.
Everyone seems to be hopping off the fence at once.
Last year the market began - and ended - early too. The big market was wrapped up by the end of April. We didn't know it at the time, of course, but it's easy to see in retrospect.
Which is all a long way of saying that if you are thinking about a move this year, call us sooner than later. We want to be able to position our sellers to the best advantage and get our buyers settled before prices go up.
Happy New Year to us all!!
Barbara, Tom, Marc and Susan
Nalls Home Partners
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Client of the Month
Our Clients of the Month are first time buyers Catherine Dorman and Christian Yingling. Catherine is an old family friend, and now Christian is too! The newlyweds were eager to start their life together and found an adorable home right where they wanted to be. With Catherine's creativity, she's an interior design specialist, and Christian's practical "house' knowledge, we're sure they'll be happy for years to come. Our spectacular clients make our job fun! Thanks Catherine and Christian. We want to wish them a long and happy life together.
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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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2813 28th Street in Woodley Park
First class renovation of a classic Wardman row home. Exquisite extended Case Design kitchen and elegant expanded baths, classic main room proportions with high ceilings and lovely hardwood floors, main flr den/sitting room, finished LL in law suite, lovely deck, patio, porch and hardscaping, private garage, solar panels. An absolute gem - Hurry!
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2602 Spencer Road
Chevy Chase, MD 20815
List Price: $625,000
Start it right with the best value in Chevy Chase. Well maintained brick colonial, three bedrooms, generous living room, Separate dining room, updated kitchen, enclosed sun porch, bright finished lower level recreation room, large level fenced rear yard. Hardwood floors, fresh paint, ready to move right in - beat the crowds (and rates) and enjoy the spring in popular Rock Creek Forest while your friends are still out looking!!
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $5,661.18
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2708 Colston Drive
Chevy Chase, MD 20815
List Price: $759,000
GREAT new listing! Completely charming all brick colonial will steal your heart! Gorgeous block of popular Rock Creek Forest; bright, open, renovated floor plan with fabulous new granite and stainless kitchen done just right. Large living room with bay window, classic fireplace, 1st floor den, well finished lower level, private fenced rear yard and patio. Generous bedrooms and closets. Off street parking.
Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $5,557.54
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4116 Saul Road
Chevy Chase, MD 20815
New Price: $765,000
Big, bright, beautiful Byeford split renovated top to bottom, fresh paint, gleaming floors, and sun-filled open kitchen. Four bedroom and three full baths, including attached master, four levels, great flow - living room opens to sunny deck, family room opens to adj patio, large private lot, mature plantings, hot tub!! Two car gar plus tons of storage. Fantastic central location close to pools & schools, great commute!
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $7,506.34
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Call Barbara For Private Showing!
4809 Chevy Chase BLVD
Chevy Chase, MD 20815
$1,299,000
Sparkling true 5/6 bedroom, 3 full baths +2 half bath (additional full bath in studio above garage) colonial on one of Chevy Chase West's prettiest streets! Significant expansions including fantastic light drenched great room, adjacent new granite & stainless steel kitchen, shining wood floors, gorgeous details. Rare 2 car gar with finished loft above including full bath & wet bar - great for home office or au pair. Great lot, perfect quiet location close to parks, downtown Bethesda, Chevy Chase or Friendship Heights!
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $12,532.15
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20000 Fisher Ave
Poolesville, MD 20837
Historic property in commercial business district of Poolesville. Great flexibility of use with two separate buildings and paved parking. Several independent office/retail spaces. Main building is vacant, smaller building is retail occupied. Tenant is seller, will stay with lease or vacate with sale, your choice.
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Under Contract
8011 Maple Ridge Rd
Bethesda, MD 20814
$1,199,000
Expanded four bedroom, three and a half bath colonial in sought after Battery Park. Less than a mile to downtown Bethesda & Metro. Modern renovations with classic finishes. Master suite with spa bath, open kitchen to family room, hardwood floors, two fireplaces, off street parking, all in a fantastic location. Welcoming community with clubhouse, award winning schools.
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $9,880.24
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Sold
4201 Cathedral Ave NW #818W.
$215,000
Fantastic sun-filled east-facing unit overlooking pool & gardens. Charming unit with rarely seen two walk-in closets with organizers. Lives like a one bedroom with designated sleep area. Unit boasts an updated kitchen with tile floors, newer appliances & new windows. Amenities include 24hr security, pool, shopping & so much more. Ideal location w/shopping & restaurants steps away. Easy access to downtown.
Please Click Here to View the Virtual Tour
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Sold
2635 Colston Drive
Chevy Chase, MD 20815
$799,000
Wow! Storybook colonial almost too good to be true in popular Rock Creek Forest. Three good sized bedroom and two full baths upstairs, gorgeous family room addition with cathedral ceiling / skylights, bright living room, separate dining, renovated kitchen, private patio off kitchen / family room opens to landscaped gardens and fenced yard. Rare attached garage, walk to Rock Creel Park and transportation.
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $6,452.79
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Sold
2917 Terrace Drive
Chevy Chase, MD 20815
$710,000
Immaculately maintained, beautifully updated large 3 bedroom, 3 full bath rambler on one of the prettiest streets in wonderful Rock Creek Forest! Large rooms, open floor plan, huge finished daylight lower level adds enormous amount of practical living space. Gorgeous in-ground pool & spa, decks, landscaping - all really done right - create a private oasis in the fenced backyard!
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges for first fiscal year of ownership $ 6,408.74
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Mortgage Rates Start the New Year at New Lows
30-year fixed-rate mortgage (FRM) averaged 3.73 percent with an average 0.6 point for the week ending January 8, 2014, down from last week when it averaged 3.87 percent. A year ago at this time, the 30-year FRM averaged 4.51 percent.
Information From the Freddie Mac
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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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Today's Interest Rates
30 Year Fixed 4.20%
15 Year Fixed 3.36%
5 Year Arm 3.08%
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Fun Event
Washington DC Home & Garden Shows 2015
January 23-25, 2014
Dulles Expo Center
4368 Chantilly Shopping Center, Chantilly, VA
Find out what's new in home decor, gardening, remodeling, and more. Meet hundreds of experts and check out thousands of products and services. Stage shows and seminars will be hosted by celebrity guests. Hours: Friday & Saturday, 10:00 a.m. - 9:00 p.m., Sunday, 10:00 a.m. - 6:00 p.m.
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Fun Event
Washington DC Restaurant Week 2015
Dates: January 19-25, 2015
During Washington DC Restaurant Week, more than 200 of Washington, DC's finest restaurants offer 3-course lunches for $20.15 and 3-course dinners for $35.15. Washington, DC Restaurant Week is a great opportunity to experience Washington, DC's best restaurants at affordable prices.
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Click On Image to Visit Our Website
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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
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4400 Jenifer Street, NW Suite 200
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casey@prestonlandscaping.com
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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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All information in this e-newsletter is deemed reliable but not guaranteed.
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