Foreclosure Activity in Bethesa/Chevy Chase & DC - 10/31/10 01:08 PM
Original Source: Foreclosures & Short Sales in Bethesda, Chevy Chase & DC
It's hard to peruse the news these days without hearing about the foreclosure crisis. While some parts of the country are gripped in an unfolding foreclosure nightmare (think Florida & Las Vegas), other parts of the country are doing alright.  Because I haven't seen a whole lot of first-hand foreclosure/short sale activity, I figured it was time to crunch some numbers to see how our close-in DC market is doing.  
Now, if I were a better blogger, I would have figured out how to insert my very detailed … (1 comments)

Homes for Sale- East Bethesda 10/29/2010 - 10/30/10 04:01 PM
Original Source: East Bethesda- Homes for Sale 10/29/2010
All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I'll be updating this post every Friday, so be sure to check back to see what's new, what's gone, & what might be coming (and check out the date up top... if it's not current, neither is this information!). I've lived in East Bethesda for over 15 years. I've sold real estate in East Bethesda … (1 comments)

Home Maintenance Tips for the Fall - 10/29/10 12:17 PM
Original Source:  Fall Home Maintenance Tips
My husband and I were pretty excited when we bought our first house in December 1995. And being thrifty new homeowners, it seemed perfectly reasonable to turn off the heat during our 5-day holiday trek out of town. When we got back into town it was maybe 35° outside, and 48° inside, if we were lucky. We cranked the heat, but it took at least a day before the house was comfortable again. When I went to work the next day, people reacted to my story with their jaws dropped (smug homeowners). There is a … (1 comments)

Absorption Rates @ Washington DC - 10/28/10 10:57 AM
Original Source:  http://bccdcrealestate.com/2010/10/24/absorption-rates-bethesdadc/
Sometimes when I talk about real estate, you might hear me say "we have a 4.5 month of supply of homes", which might leave you scratching your head. Simply put, I'm referring to the absorption rate, or the calculation of how long it will take for all the homes currently on the market to sell at the present rate of sales. It is not an exact science. But it does help to predict market trends. For all of you math geeks, here's how it's done. Find the number of listings currently on the market. Determine how many listings … (0 comments)

Westland Middle School Overcrowding - 10/25/10 09:20 AM

Original Source:  Westland Middle School Overcrowding Dr. Weast’s recommendation to the Board of Education to relieve overcrowding within the B-CC cluster schools is now available on the MCPS website:
He is recommending a realignment of both Chevy Chase Elementary School (CCES) and North Chevy Chase Elementary School (NCC) to grades 3-5, and the opening of a new middle school for the cluster, at which time, 6th grade in these schools would transition to a middle school environment.
An excerpt of his recommendation follows below:
…. Consistent with Board Policy IEB, Middle School Education, I strongly believe that Grade 6 students’ academic, social, … (0 comments)

The Evers & Company September 2010 Real Estate Report - 10/24/10 05:44 PM
While the average price in our area grew 9.1% in September- a gain for the 10th month in a row- the dollar volume of sales is down for the 3rd consecutive month, and the months’ supply is up to 5.1 months, making it the highest inventory yet this year. All of this means that we are still suffering a letdown from the spring market that was inflated by the First Time Home Buyers Tax Credit. While rising prices are a positive reaction to the big spring market, if inventory continues to grow, prices could also retreat.
On the other hand, with our strong … (0 comments)

4429 Rosedale Avenue, Bethesda, MD 20814 - 10/17/10 10:16 AM
4429 Rosedale Avenue, Bethesda, MD 20814
Picture perfect 1939 East Bethesda bungalow with 3 bedrooms and 2 full baths.  Features a remodeled kitchen, pretty wood floors, a finished basement with a rec room and loads of sunshine.  Lots of fresh paint.  Level yard, nice deck and mature plantings.  Within walking distance to parks, 2 metros, the Capital Crescent Trail, restaurants, B-CC High School, downtown Bethesda and more!  Crisp & Clean.  Ready to go.  Offered at $595,000.  Check out my website for more photos, maps, etc.







Open House:  Sunday, October 17 from 1-4pm
 
 
… (3 comments)

20814 Bethesda Market Report, September 2010 - 10/06/10 09:27 PM
Original Source:  Bethesda 20814 Market Report, September 2010

In September of 2010 there were 26 homes that closed within the month for 20814 Bethesda, Maryland.  This was an increase of 4 units, as there were 22 homes that closed in September of 2009.
The average list price for homes that closed in September 2009 was $557,148. The average list price for homes that closed in September 2010 was $987,865.
The average sale price for the homes that closed in September 2009 was $511,859. The average sale price for the homes that closed in September 2010 was $907,490.
The average Days on Market for homes that closed in September 2009 was 58 … (2 comments)

Bethesda-NYC Bus - 10/04/10 05:40 PM

Original Source:  Bethesda Bus to NYC
There are now two bus lines that go directly from downtown Bethesda, MD to mid-town NYC. They are cheap, convenient, fast, and mostly quite pleasant.  And the good news is you don't have to schlep down to Union Station to catch the train, nor do you have to contend with driving on 95, which always leaves me a little harried at the end of the day.  I love it.
I've taken a few trips on the Vamoose Line. They take reservations.  The trip takes about 4 hours from Bethesda, and 4.5 hours from Arlington. They … (3 comments)

Homes for Sale- East Bethesda- 10/2/2010 - 10/02/10 04:21 PM
Original Source:  East Bethesda- Homes for Sale 10/1/2010
All the homes in this article are currently for sale within East Bethesda.  The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time.  I'll be updating this post every Friday, so be sure to check back to see what's  new, what's gone, & what might be coming.  I've lived in East Bethesda for over 15 years.  I've sold real estate in East Bethesda for over 11 years.  I know it like the back of my hand. While all of … (0 comments)