This Year's Fall Market
We got off to a bit of a slow start this September, with plenty of good new inventory building up and not quite as many buyers as we like to see. My personal opinion is that it's a combination of the disruptions of holidays and the way the beautiful weather we've been having made it feel like late summer for so long. If it's anything like 2014, we'll bounce back in October, and have a strong finish to the year.
Regardless of timing, the watchword for the 2015 market remains DOWNTOWN. Downtown DC is extremely hot right now, as are Arlington, Bethesda, and Silver Spring. But proximity to the "downtown" parts of the suburbs - the village centers, and even shopping centers - is in high demand, and proximity to Metro is a gold standard. People are increasingly interested in leaving their cars (and lawn mowers) behind and enjoying a simpler life style. There is nothing to indicate that this trend won't continue for some time, so there will be an ongoing shift in property values as the demand and demographics of neighborhoods change. We are always a phone call or email away if you'd like to discuss the effect this trend has on your own home.
Hope everyone is well, and settling into a fall routine.
All the best,
Barbara, Tom, Marc, and Susan
Nalls Home Partners
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TEAM TONY
In June of this year, we lost our remarkable friend and colleague, Tony Duncanson, to heart disease. In addition to being easily one of the kindest people I've ever known, he was also one of the most accomplished: a percussionist who's professional credits include decades of touring and studio work with Gil Scott Heron; many years as a DC Real Estate Commissioner; a beloved educator and fair housing advocate; a model train enthusiast; all in addition to a career in Real Estate. He will be sorely missed.
In his memory, we have formed Team Tony D for this year's DC HeartWalk. Barbara, Tom, Susan, Marc, and Becky will all be fundraising to support the American Heart Association. You can learn more at our web page TeamTonyD.org.You are very welcome (and we thank you in advance) to make a general donation, or you can scroll down and make an individual donation to any one of us as walkers.
Click on Above Graphic to Find the Link To Sponsor Our Efforts.Thank you!
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Client of the Month
Our Clients of the Month are Jessi Milne and her fiancee Chris Tyree, who came to us via the mighty Dorman/Caswell referring machine (thanks agian Steve, Vicky, Melissa, TJ, Catherine, and Christian!!) Chris and Jessi, both engineers by training, wasted no time deciding on the perfect house - an absolutely gorgeous colonial in Falls Church, near Lake Braddock and with one of the prettiest garden landscapes I've seen. Chris has a background in nuclear engineering with degrees from VMI and Penn; Jessi studied mechanical engineering at Tufts and went on to an MBA at Maryland. They plan to be married in the spring and we wish them every happiness in their new home, and in their life together. Congratulations!
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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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11628 Glen Road
Potomac, MD 20854
$1.295 Million
Very special, four bedroom, three and a half bath custom home, thoughtfully sited on two spectacularly landscaped acres - truly a rare offering. Designed by award winning architect Anne Decker, the home's simple elegance seamlessly blends classic architecture & orientation to perfectly incorporate the beauty of setting - stunning gardens, patio, pool & summer house. Too many details to list, a "must see."
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $14,833.07
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5404 Huntington Pkwy
Bethesda, MD 20814
$1.249 Million
Expanded colonial on large lot. Four bedroom, 3.5 baths, one mile from Metro. Custom finishes throughout. Three finished levels, floored storage attic. Refinished hardwood throughout two levels. Large two story addition with high end kitchen and expansive owner's suite. Separate custom workshop.
Estimated tax and non-tax charges in the first fiscal year of ownership $11,478.50
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6800 Millwood Road
Bethesda, MD 20817
$1.185 Million
Elegant six bedroom / 4.5 bath home sited on picturesque lot. Unique, spacious floor plan -Nothing ~cookie cutter here~ Updated kitchen opens intimate family room & breakfast room. Very large living room and dining rooms with walls of glass overlooking deck and wooded property. Two master bedrooms with private baths. Walk-out lower level with floor to ceiling windows a recreation room, 6th bedroom, and storage room. Enormous two level deck, boardwalk, & tree encircled patio! Perfect for entertaining!
Estimated tax and non-tax charges in the first fiscal year of ownership $9,769.48
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2618 Colston Drive
Chevy Chase, MD 20815
$727,000
Very possibly the last original owner home in the Eig section of wonderful Rock Creek Forest! Largest model plus a 2 story brick add (1960's) 4BR / 3FB, really gracious proportions, entrance hall, kit w/ true brkfst area, huge MBR w/ en-suite bath, garage, lovely flat lot backs acres of fields. Needs cosmetics, but really terrific bones, and ready for another family to love for 66 years.
Estimated tax and non-tax charges in the first fiscal year of ownership $6,635.89
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20021 Apperson Place
Germantown, MD 20876
$274,000
Four level town-home for the price of a condo. Updated windows, new HVAC, new kitchen, finished lower level with wet bar and fireplace, rear deck and fenced yard, skylights,bonus loft/third bedroom. Move in ready.
Estimated tax and non-tax charges in the first fiscal year of ownership $2,811
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11013 Lockwood Drive
Silver Spring, MD 20901
$414,500
Wonderful rambler on a half acre lot. Light, bright and spacious. Hardwood floors, large rooms including first floor family room.Garage has been converted to indoor "Walking Pool", plus additional outdoor in ground pool. Fully finished basement has in law suite including rec room, kitchenette and full bath. Fabulous patio, great for entertaining. Fabulous location for commuting. Must see!
Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $4,299.78
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Under Contract
748 Silver Spring Ave
Silver Spring, MD 20910
$649,000
Classic bungalow w/plenty of charm.This light-filled four bedroom, 2.5 bath home boasts spacious and elegant entertaining areas, hardwood floors, lots of storage, built-ins, wood burning fireplace, new gas fired boiler, new roof. Outside amenities include a deep lot with multiple entertaining spaces, a two car garage and a perennial garden providing year long color. With a walk ability score of 88, this home is a must see!
Estimated tax and non-tax charges in the first fiscal year of ownership $5,273.56
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Sold
2314 Ross Road
Silver Spring, MD 20901
$599,000
Charming updated brick rambler in BCC Cluster! Living room with bay window. Granite and stainless steel kitchen opens to dining room. Master bedroom with full bath. Renovated hall bath. Finished lower level with huge recreation room, guest room, full bath and storage! Picturesque garden arbor with real grape leaves providing shade! Amazing fenced level backyard with stone patio and gas line to grill! Lush landscaping and rriveway!
Estimated tax and non-tax charges in the first fiscal year of ownership $5,984.73
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Sold
1512 Castle Cliff Place
Silver Spring, MD 20904
$624,000
Top to bottom renovation by one of MoCo's finest builders, now beautifully staged and ready for the most discerning buyer. Top quality work, gorgeous finishes and floorplan, 6 honest bedrooms on three daylight levels means room for everyone. True Chef's kitchen, luxurious master suite, every amenity, cul de sac location - this is the one you've dreamed of!
Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $6,000.26
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Sold
8905 Seneca Lane
Bethesda, MD 20817
$949,00
PRISTINE top to bottom renovation with show stopping attention to detail - gorgeous, gorgeous, gorgeous. True chef's kitchen, wonderful breakfast room / garage conversion, 1st floor den, lovely baths, totally finished lower level, unusually beautiful floors, well conceived open floor plan, serene landscaping, great porch & patio for entertaining - truly a delight at every turn.
Please Click Here to View the Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $8,187.30
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Home Prices Rise in Nearly All Metro Areas in Second Quarter
Article / Stats from GCAAR
August Housing Stats for DC and Montgomery County
Washington, DC August Housing Market Report
Limited Supply, High Demand Continue Pushing Prices to Record Highs The Washington, DC housing market continued its solid performance in August, with modest sales gains, tight inventories, and record high prices. With a 9.5 percent jump over August 2014, the median sales price of homes in the district reached a record high.
Montgomery County, MD August Housing Market Report
Closed Sales Are Up While Listing Activity Stalls
Montgomery County's housing market experienced a transition in the month between July and August with a slight downturn in a few key areas. However, one area of gain was in the number of closed sales. There were 1,123 closed sales in August, a 9.3 percent gain compared to last year and the highest August tally since 2006. Read the full report.
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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 4.00%
15 Year Fixed 3.25%
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Useful Website
I wanted to pass on a very useful website for our Montgomery County folks, that I heard about from a neighbor. It's a sign up for notification of trash pick up - which has been extremely useful this year with all the snow and holiday delays
On this web page you can select how you would like to receive notifications and other options.
So far I haven't found that they send too much email or anything but a reminder of your trash day and it's nice not to have to do the "will they or won't they" at 10:00 pm the night before.
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Fun Event
Date:
Sept. 26, 2015. 10 a.m.- 12:00 p.m.
Location: meet at Picnic Grove 13 by Military Field, the large meadow at the intersection of Military Road and Glover Road NW in Washington, DC. Remove invasive vines from trees. Training, tools, and gloves provided. Wear long pants, long sleeves, and shoes or boots (no sandals or flipflops)..
The nation's largest hands-on volunteer effort to improve and enhance America's public lands includes special events to get volunteers to work together to build trails, bridges, remove trash and invasive plants, restore water resources and plant trees. See the events in the DC area and pitch in.
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Fun Event
Dates and Times:October 3, 2015, 11 a.m. - 4 p.m.
Location:
The event is held along Norfolk, St. Elmo, Cordell,
Del Ray and Auburn Avenues in Bethesda's Woodmont
Triangle. Taste of Bethesda is located just three blocks
from the Bethesda Metro.
Bethesda's famous food and music festival brings 60 restaurants and five stages
of entertainment to Bethesda's Woodmont Triangle. Each year, more than 40,000
attendees sample the delicious restaurants, enjoy the live entertainment and visit
the kid's corner for face painting and arts & crafts.
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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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Counselor Title, LLC
John G. Nalls
4400 Jenifer Street, NW
Suite 200
240-498-8290
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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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Long & Foster Real Estate, Inc.
Nalls Home Partners, LLC.
Top 1% of Realtors Nationwide
4733 Bethesda Ave,
Bethesda, MD 20814
Tom's Cell: 301-237-5170
Barbara's Cell: 240-602-9035
Marc's Cell: 202-425-8885
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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