Happy New Year! I hope everyone enjoyed the Holiday Season. We are now in the middle of January which is typically one of the slowest times for the real estate market. However, as anticipated, the Spring market seems to have already started. There is still a lack of inventory and anxious buyers waiting for new listings to come on the market. This bodes well for a busy Winter and Spring market. I would recommend that you aim to get your house on the market sooner rather than later if you are planning to sell this Spring. You would not want to miss the opportunity to take advantage of the pent up demand. There are also still predictions of rising interest rates which will reduce the amount of buyers can spend on a house. Rates have already risen but are still historically quite low so put your house on the market and let buyers take advantage!
I am happy to meet with you now to discuss improvements you may want to consider making to your home and current market conditions.
Just in case you are thinkihg of getting your home ready for Winter listing, I have included articles on Kitchen Features desired by buyers and how to stage your home for Winter.
Please visit my website at
www.kathywhalen.com
. It is easy to search the Multiple Listing Service for homes with upgraded map searches, there is more information on Schools, more Community information, easy access to information on upcoming open houses in Montgomery County and DC as well as links to pictures and disclosures for my listings. I also have a mobile website:
m.kathywhalen.com which allows you to search for homes based on where you are located using the GPS feature. Please scan the QR code at the bottom of this article to take a test drive.
Also, be sure to see my listngs below, read the real estate articles in the column to the right and visit my website where you can click to see current interest rates and a link to all homes currently listed for sale.
As always, if you have any real estate questions or needs I am available to help.
Thanks,
Kathy Whalen .
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ACTIVE
$425,000
1011 Forest Glen Road
Silver Spring, MD 20901
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| Please Click on Picture Above to see Additional Pictures |
Completely Remodeled Split Level with Four Bedrooms plus Office, Three Remodeled Full Baths, Brand New Kitchen with Granite & Stainless, Separate Dining Room, Living Room with Fireplace, Large Rooms and Incredible Price. New Lighting & Paint Throughout! Hurry!
Estimated property tax and non-tax charges in first fiscal year of ownership is $4,514.12
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UNDER CONTRACT
$449,900
10710 Jamaica Drive
Silver Spring, MD 20902
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Updated & Expanded Rambler Home in Popular Northbrook Estates Neighborhood! This Spacious and Updated Home is the Home You Have Been Waiting For! With Off Street Parking, Brand New Roof, New Front Walkway, Refinished Hardwood Flooring, Fresh Paint, Updated Kitchen with Granite Counters, Family Room Addition and Wonderful Location Near Metro, this is the Perfect Home!
Estimated property tax and non-tax charges in first fiscal year of ownership is $4,572.02
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SOLD
$425,000
3518 Anderson Road
Kensington, MD 20895
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Sought After Kensington Neighborhood! Gourmet Kitchen with Quartz Counters, Stainless Appliances, Ceramic Tile Flooring & Glass Tile Backsplash! Gorgeous Bath Renovation with Double Vanity! Amazing Family Room with Built In Murphy Bed! Hurry!
Estimated property tax and non-tax charges in first fiscal year of ownership is $4,183.28
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SOLD
$625,000
1800 Sherwood Road
Silver Spring, MD 20902
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Don't miss this expanded and Updated Cape in Sought After Neighborhood just Blocks from Metro! Combing Old World Charm with Modern Updates this 4 Bedroom, 4 Bath Home with Gorgeous Yard is an Exceptional Find! Hurry!
Estimated property tax and non-tax charges in first fiscal year of ownership is $4,891.77
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SOLD
$420,000
1525 Gridley Lane
Silver Spring, MD 20902
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Updated & Expanded Cape with Kitchen Addition, Open Floor Plan, 4 Bedrooms, 3 Full Baths, Family Room with New Carpet, Fresh Paint & More in Convenient Location near Metro!
Estimated property tax and non-tax charges in first fiscal year of ownership is $4,128.03
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SOLD
$310,000
5900 Taylor Road
Riverdale, MD 20737
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| Please click on picture above to see virtual tour |
Hurry! Freshly Painted Throughout! Sought After Riverdale Park Neighborhood! Move Right In! 3 Bedrooms an 2 Full Baths Including Mater Bedroom with Full Bath! Large Living Room and Separate Dining Room & New Roof!
Estimated property tax and non-tax charges in first fiscal year of ownership is $3,427.18
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SOLD
$199,900
614 Sligo Avenue, #301
Silver Spring, MD 20910
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| Click on picture above to see additional photos |
Completely Remodeled Top to Bottom with Everything New in 2016!
Easily the Most Beautiful Unit in the Building with a Sleek, Contemporary Feel, Huge Bedrooms, Walk In Closet, New Kitchen, New Bath, New Flooring, 4 New Air Conditioning/Heating Units, New Windows, New Lighting, New Paint
Monthly Condo Fee of $629 Includes all Utilities!
Estimated property tax and non-tax charges in first fiscal year of ownership is $1,038.95
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SOLD
$375,000
10301 Green Holly Terrace
Silver Spring, MD 20902
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| Please Click on Picture Above to see Additional pictures |
End Unit Townhouse in Popular Forest Estates Neighborhood! Freshly Painted Interior, Large Deck, Two Fireplaces, Granite Counters, Ceramic Tile Flooring and Wonderful Location Near Metro! Estimated property tax and non-tax charges in first fiscal year of ownership is $3,623.80
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SOLD
$515,000
2412 Lillian Drive
Silver Spring, MD 20902
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Everything is Redone! High End Renovation with New Kitchen, New Baths, New Roof, New Systems, New Windows & the List Goes on! Super Location on Quiet Street Near Metro. Hurry! Estimated property tax and non-tax charges in first fiscal year of ownership is $4,419.05
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Kathy Whalen, Realtor
Long & Foster Real Estate, Inc.
Direct: 301-649-5743
Office: 240-497-1700
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Montgomery County Schools Calendar
Source: Montgomery County Schools Website, montgomeryschoolsmd.org
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| Click on image above to see the 2016 - 2017 Calendar |
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Are Closing Costs Tax-Deductible?
Source - RIS Media, Tuesday January 17, 2017 by Sabah Karimi
When you purchase your home or buy land for your new home from a seller, you're responsible for paying closing costs on top of the negotiated contract price. These costs are sometimes shared by the seller, depending on how you negotiate the deal. As you sign the dotted line, you might wonder, "Are closing costs tax-deductible?"
The IRS has some specific rules on itemized deductions for homeowners regarding deducting real estate closing costs. Here's what you need to know.
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New Year Predictions: What's on Tap for Real Estate in 2017?
Source - RIS Media, January 6, 2017 by Housecall
The new year is upon us and with it comes new factors which can and will affect real estate throughout the year. Here, New York Power Broker Louise Phillips Forbes of Halstead Property makes her predictions for what real estate will look like on a national scale in 2017, and how you can make the most of it. Keep an eye on the following:
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| Click on Picture Above to Read Entire Article |
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Maryland's Foreclosure Mediation Program
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(Click on Above Image to Read Information About Maryland's Mediation Foreclosure Program)
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| Click on Picture for Information on Downtown Silver Spring |
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|  Visit My Website |
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| Please Click On Picture to See Homes I Have Recently Sold |
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HOUSELOGIC
HouseLogic is a free source of information and tools-from the NATIONAL ASSOCIATION OF REALTORS®-that can help you make smart and timely decisions about your home.
(Click on Above Logo to Visit Houselogic's New Helpful Website for Homeowners and Potential Homeowner)
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Thank you for taking the time to read my Monthly Real Estate Newsletter! I hope you found it both interesting & informative. I would love to help you with your real estate needs! Please call or email me & I would be happy to set up a time to meet with you to discuss buying or selling your home.
Sincerely,
Kathy Whalen
Kathy Whalen
Long & Foster Real Estate
7700 Old Georgetown Road
Bethesda, MD 20814
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