Archive for the 'Home Sellers' Category
Homebuyers Tax Credit Extended and Expanded!
November 19th, 2009 Categories: Home Sellers, Homebuyer, silver spring real estate
The U.S. government recently extended and expanded the homebuyer tax credit. The $8,000 first-time homebuyer tax credit that was scheduled to expire December 1, 2009, will continue in effect until April 30, 2010.
In addition, beginning December 1, 2009, many current homeowners will qualify for a $6,500 tax credit if they’ve lived in their current home for a least 5 years and are seeking to relocate. Plus, the income limits for single buyers and married couples were also raised.
There has never been a better time for you or someone you know to take advantage of this tax credit because hundreds of homes are now priced below market value. Also, because this program is a tax credit – it does not have to be repaid.
For a detailed comparison of the 2009 tax credit versus the extension, click here.
For FAQ on the tax credit changes, click here.
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The Silver Spring Real Estate Market’s Crystal Ball
June 17th, 2009 Categories: Home Sellers, Homebuyer, Silver Spring Neighborhoods, Takoma Park Real Estate, silver spring real estate
The Real Estate Market in Silver Spring and Takoma Park continues to pick up momentum. The question is, have we hit bottom and are we heading out of this or is this just a short upswing before the bottom really falls out?
I wish I had a Crystal Ball but . . . . . “Those that live by the Crystal Ball eat glass”!
My suggestion right now would be that if you are wanting to buy, jump in now. You can’t go wrong. If you are selling or need to sell, sell now and price your home to move fast. If this is a short upswing then you don’t want to miss your chance to sell now during an upswing. How long of a window might we have? This is another question that is begging for a Crystal Ball. I would guess that we might see a better market for at least the next 60 days. The problem longer term could be interest rate increases or the increase in inventory of foreclosed homes. Either of these could have a negative impact. My suggestion is NOT to watch national trends, but focus mostly on what you see taking place in our community. This will certainly give you the best perspective on our market.
To get your own “Real Time” Market Trend Statistics for any zip code or property type in Silver Spring and or Takoma Park Check out: www.SilverSpringStats.com
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10 Mistakes to Avoid and 25 Easy Fix-ups when Selling your Silver Spring Home
June 9th, 2009 Categories: Home Sellers, silver spring real estate
Also Check Out these 25 Fast and Easy Fixups when selling your Silver Spring Home
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South Silver Spring – The Silverton Real Estate Market Report
July 14th, 2008 Categories: Home Sellers, Homebuyer, Silver Spring Condos, Silver Spring Neighborhoods, silver spring real estate
The Silverton Condos (by JBG Group) on East West Highway was built around the vintage art deco facade of the former Canada Dry bottling plant and has 210 dwelling units.
The units were finished in 2006 – 2007
The Silverton has Beautifully Appointed Floor Plans, Glass Doors Leading to Private Balconies, Chef-Caliber Kitchens with Maple Cabinets and Granite Countertops, Granite Vanities in Bathrooms and Full-Size Washers and Dryers in the units!
There is a High-Tech Resident E-Lounge, Swimming Pool, Expansive Sundeck and a Cutting-Edge Fitness Center.
The Building is within Walking Distance to Metro and has Easy Access to Washington, DC & I-495 Close to Excellent Shopping, Fine Dining & Entertainment.
This market report encompasses All Sales Activity at the Silverton
Last 6 months ( Jan – July 2008)
3 Active (For Sale) Listings
1) 2 Bedroom 2 Bath – 3rd Floor Unit (1,307 sq ft)
Asking Price – $499,900 Days on Market – 117
2) 2 Bedroom 2 Bath – 2nd Floor Corner Unit
(1,084 sq ft) Asking Price – $395,000
Days on Market – 62
3) 1 Bedroom 1 Bath – 2nd Floor Unit (718 sq ft)
Asking Price – $290,000 Days on Market – 232
1 Listing Under Contract
1) 1 Bedroom 1 Bath – 1st Floor Unit (792 sq ft)
Asking Price – $290,000 Days on Market – 65
3 Sold Listings
1) 1 Bedroom 2 Bath Special Unit (955 sq ft)
Asking Price – $324,900 Sold Price – $324,900
Days on Market - 25
2) 1 Bedroom 2 Bath Special Unit (955 sq ft)
Asking Price – $324,900 Sold price - $324,900
Days on Market – 25
3) 1 Bedroom 1 Bath 2nd Floor Unit (776 sq ft)
Asking Price – $295,000 Sold Price – $290,000
Seller Subsidy $7,700 – Days on Market – 58
Thinking about Selling or Buying a South Silver Spring Condominium? -
Contact Debbie Cook (301) 587-3528 for your current, No Obligation Market Report on the Silver Spring Condominium Market.
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South Silver Spring – Newell Street Condos Market Report
July 11th, 2008 Categories: Home Sellers, Homebuyer, New Construction, Silver Spring Condos, Silver Spring Neighborhoods, silver spring real estate
8045 Newell Street (by Patriot Group) is a five story, 120 unit condominium building. This building was completed and already Sold out in 2006.
This Building offers a Fun, Funky, Hip and Laid Back Urban Lifestyle, in a Small Intimate “Pet Friendly” Building. Located by Historic Acorn Park in the South Silver Spring neighborhood, the Units have Open Floor Plans with High Ceilings, Washers and Dryers in the Units and either a balcony or sunroom.
SAVE your GAS! and Walk everywhere from this building that has a very high Walkabilty Score. Walking Distance to Silver Spring Metro/Red Line, Rock Creek Park hiking biking trails and all the ammenities of Downtown Silver Spring.
This market report is for the last 6 month period begining January 1, through July 6th 2008. All units are resales reported in the Metropolitan Regional Information Service (MRIS)
4 Active For Sale Listings
1) 1 Bedroom 1 Bath 2nd Floor
(820 sq ft) Asking -$285,000
Days on Market – 57
2) 1 Bedroom – 1 Bath 5th Floor
(820 sq ft) Asking – $315,000
Days on Market – 267
3) 1 Bedroom 1 Bath 2nd Floor
(900 sq ft)
Asking $347,500
Days on Market - 6
1 Listing Under Contract
1) 2 Bedroom – 2 Bath 3rd Floor (1,255 Sq ft) – Asking $410,000 Days on Market – 7
4 Sold Listings
1) 0 Bedroom 1 Bath Efficiency Unit 2nd Floor Unit (569 sq ft)
Asking Price – $108,746 Sold Price - $108,746 Seller Subsidy -$3,469
Days on Market – 5
2) 0 Bedroom 1 Bath Efficiency Unit (569 sq ft) 4th Floor
Asking Price – $109,658 Sold Price – $109,658 Seller Subsidy $3,498
Days on Market – 3
3) 1 Bedroom - 1 Bath 5th Floor (820 sq ft)
Asking Price – $285,000 Sold Price – $285,000 Days on Market – 21
4) 1 Bedroom – 1 Bath and Den (935 sq ft) 3rd Floor Unit
Asking – $320,000 Sold – $320,00 Seller Subsidy – $10,000 Days on Market – 85
Thinking about Selling or Buying a Silver Spring Condominium? – Contact Debbie Cook (301) 587-3528 for your current, No Obligation Market Report on the Silver Spring Condominium Market.
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More Silver Spring, Md Real Estate Market Reports – Seven Oaks Subdivision and South Silver Spring Condos
November 7th, 2007 Categories: Home Sellers, Homebuyer, Silver Spring Condos, Silver Spring Neighborhoods
New Real Estate Market Activity Reports
Single Family Homes
Seven Oaks Subdivision – 20910 & 20901
Condominiums in South Silver Spring – 20910
Aurora Condominiums
The Silverton
Luxury Town Houses Cameron Hill – 20910
If you are thinking about Selling Your Silver Spring House, Condo or Townhouse - Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Condominium. With our 21 years of Experience and our Enthusiasm for Silver Spring, we know how to get Silver Spring Homes Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.
Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home
| Discussion: 3 Comments »
Tuesday Morning Store Opens in Silver Spring Tomorrow!
November 5th, 2007 Categories: Home Sellers, Silver Spring Neighborhoods
I am pleased and excited that Tuesday Morning Home Goods Store is opening in Silver Spring! I’ve shopped at Tuesday Morning before. It is a great store for gifts, things for your home and for Staging Houses for Sale. It is a lot like Linen’s and Things or Bed Bath and Beyond, but much less expensive!
Now Silver Springers, including me, will not have to schlep to Rockville or Bowie to shop at this amazing discount home goods store.
The store is ready and opens on Tuesday (of course), that’s tommorow, November 6th, 2007!
This store will open in the building that SAM KUGLER’s House of Linens Store used to occupy at the corner of University Boulevard and Colesville Road (RT 29).
By the way, SAM KUGLER is alive and well. He moved further out Route 29 past White Oak to the Tech Road Business Center.
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More Silver Spring, Md Real Estate Neighborhood Market Reports
October 8th, 2007 Categories: Home Sellers, Silver Spring Neighborhoods
Coming Soon are Real Estate Market Reports on:
South Silver Spring Condominium Market – 20910 Old Hillandale – 20903
Seven Oaks Subdivision – 20901 & 20910 Northwood Park – 20901
Old Woodside -20910 North Woodside – 20910 Mongomery Hills – 20910
If you have a request for market report on a specific neighborhood or subdivision in Silver Spring or Surrounding Areas – Please let us know.
If you are thinking about Selling Your Silver Spring Home – Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring House. With our 21 years of Experience and our Enthusiasm for Silver Spring, We know how to get Homes Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market!
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More Silver Spring Neighborhood Real Estate Market Reports
September 21st, 2007 Categories: Home Sellers, Silver Spring Neighborhoods, silver spring real estate
Snowdens Mill – 20904 (As Requested)
506 Single Family Homes
Oakview – 20903
700 Single Family Homes
Burnt Mills Hills – 20901
60 Single Family Homes
Coming Soon are Market Reports for these requested Neighborhoods and or Subdivisions in Silver Spring:
Capitol View Park – 20910 – 383 Single Family Houses
Seven Oaks – 20901– 201 Single Family Houses
Montgomery Knolls – 20901– 213 Single Family Houses
Get an Online Market Analysis of Your Silver Spring Home’s Market Value
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Real Estate Market Stat Reports for Silver Spring, Md Neighborhoods
September 13th, 2007 Categories: Home Sellers, Silver Spring Neighborhoods
What’s Happening in the Silver Spring Real Estate Market? 
I will be doing market reports for more and more Silver Spring Neighborhoods. If you are interested in a recent market report for a specific Silver Spring Neighborhood – Let me know – Leave a comment here with the Subdivision Name and I’ll include it! Lots more to come soon.
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