February 2017                       

                  

Is it Winter or is it Spring? We have enjoyed a rather mild winter up until now. The lack of snow and the warmer temperatures seem to have buyers thinking it is Spring and they are certainly out looking at houses. We still have a low inventory so the good houses are being snapped up quickly. If you are planning to sell your home this Spring I would suggest getting it ready as soon as possible so you can take advantage of the pent up buyer activity.
As you can see in one of the articles in the right hand column, interest rates have come down slightly so we are still benefiting from historically low rates. There have been indications from the Fed that rates may increase a their next meeting. We shall see what happens. I have also included an article about the high number of sales in January. This article is from a national perspective but it does apply to our area.
I am happy to meet with you now to discuss improvements you may want to consider making to your home and current market conditions.

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   .


My Listings.......

 

Woodridge 3507 
NEW LISTING
$465,000
1905 Dayton Street
Silver Spring, MD 20902
Click on picture above to see additional photos
Beautifully Updated Home with 4 Bedrooms, 3 Full Baths, Updated Kitchen with Stainless Appliances, Master Bedroom with Full Bath, Daylight Lower Level with In Law Suite and Wonderful Location Near Metro! Estimated property tax and non-tax charges in first fiscal year of ownership is $4,589.27

Woodridge 3507 
NEW LISTING
$385,000
1702 Windham Lane
Silver Spring, MD 20902
Hurry! Unbelievable Price for Charming Rambler with 3 Bedrooms, 2 Full Baths, Living Room with Fireplace, Updated Kitchen, Front Porch & Deck!
Estimated property tax and non-tax charges in first fiscal year of ownership is $4,293.66

 

Woodridge 3507 

SOLD
$425,000
1011 Forest Glen Road
Silver Spring, MD 20901
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
Woodridge 3507 

SOLD

$449,900

10710 Jamaica Drive

Silver Spring, MD 20902

Please click on picture above to see more photos.

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

Woodridge 3507 

SOLD

$425,000

3518 Anderson Road

Kensington, MD 20895

Click on picture above to see additional photos

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
Woodridge 3507 

SOLD

$625,000

1800 Sherwood Road

Silver Spring, MD 20902

Click on Picture Above to See Additional Photos

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
Woodridge 3507 
SOLD
$420,000
1525 Gridley Lane
Silver Spring, MD 20902
Click on picture above to see additional photos
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
Woodridge 3507 

SOLD

$375,000

10301 Green Holly Terrace

Silver Spring, MD 20902

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

Woodridge 3507 

SOLD

$515,000

2412 Lillian Drive

Silver Spring, MD 20902

Please Click on Picture Above to see Additional pictures

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

 

Montgomery County Schools Calendar

 

Source: Montgomery County Schools Website, montgomeryschoolsmd.org

 

 

Click on image above to see the 2016 - 2017 Calendar

 

 

Existing-Home Sales Begin 2017 with a Bang
'Off to a Prosperous Start'

Source - RIS Media, Wednesday February 22, 2017

Existing-home sales began 2017 with a bang, growing 3.3 percent and hitting a 10-year high in January, according to the National Association of REALTORS® (NAR). With the exception of the Midwest, every region saw gains, with total sales reaching 5.69 million-the fastest pace since February 2007.
Click on Picture Above to Read More


         

Mortgage Rates Tick Down as 'Year Full of Surprises' Continues

Source - RIS Media, February 17, 2017

           Mortgage rates on average ticked down for the second straight week, according to Freddie Mac's Primary Mortgage Market Survey® (PMMS®), with the average 30-year fixed-rate mortgage posting 4.15 percent with a 0.5 point. The trend, says Freddie Mac Chief Economist Sean Becketti, is off-track from its usual movement.
Click on Picture Above to Read Entire Article


         

Maryland's Foreclosure Mediation Program

(Click on Above Image to Read Information About Maryland's Mediation Foreclosure Program)
 
Downtown Silver Spring
Click on Picture for Information on Downtown Silver Spring

  
  

 

 

 

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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