New Listing in East Gate of Potomac!

 8221 Buckspark Lane Potomac, MD. 20854

$974,000 

6 Bedrooms, 3 full 2 half Baths

MC7425735 (Click HERE for HD Virtual Tour)

NBC washington reports: Historic Georgetown mansion for sale

Home SWEET Home
Got a few million bucks to spare? Why not splurge on a mansion?
By ANDY SALSMAN
 
 

Realtors say this is the best time in years to buy a new house, so we thought we’d pass on details about a little abode in the Georgetown area.
Its views of the Potomac are stunning! And if that doesn’t tickle your fancy, maybe its five bedrooms and nine full bathrooms will.
What’s the asking price, you ask? Well, you may want to sit down for that. Ready? It's going for $19.5 million.
Still interested?
Click here for full article

Own A piece of the Magic, Walt Disney, Luxury Vaction Homes

Disney plans to build Luxury Vacation homes

By JULIET CHUNG

Walt Disney Co. plans to unveil Wednesday its first foray into residential real estate in more than a decade with a pricey vacation-home development in Florida's Walt Disney World.


It's a risky move. Disney will offer homes priced between $1.5 million and $8 million in a state where the foreclosure rate remains among the nation's highest. In Orlando, where brokers say home values have dropped between 50% and 60% from the peak, Disney's pricing would put its homes near the top of the market. According to Realtor.com, the average price of new listings in greater Orlando this year is just over $243,000.
But Disney believes the market for luxury homes is rebounding. Despite adding wine-tasting events and VIP park tours in recent years, "The affluent market is an area where we haven't offered a lot of product," says Matt Kelly, vice president of Disney resort real-estate development...
Click Here for full Article

Have some millions to spend? These vacation homes could be yours

Extravagant Getaway Homes Around The World

By Jennifer Alsever, contributor

 Click Image above for full story

Should you refinance?

MSNBC  Real Estate offers advice to homeowners considering refinancing
Click here for video report
 If you are considering refinancing your home, here are a list of lenders we use frequently and reccomend to all of our clients, give them a call and ask any questions you may have about refinancing:

Joseph Nalls

CHEVY CHASE BANK

phone: 240 497 8060

fax: 240 497 8099

mobile: 301 529 8611

email: jpnalls@chevychasebank.net

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Deb Levy   (her assistant is Lisa bennett)
Vice President / Mortgage Loan Officer
Bank of America Home Loans
202.416.2898 office
866.574.4817 fax
301.332.7758 mobile
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Michael Murray
First Savings BankMortgage Loan Officer
240-223-1630 Phone
301-346-9660 Cell
703-564-7014 Fax
mmurray@firstsavings.com

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Chad E. Van Zandt
PROSPERITY MORTGAGE CO.
4733 Bethesda Avenue Suite 100 Bethesda, MD 20814
240-497-1716 Direct
301-523-4686 Portable
301-654-4259 Private Fax
Chad.E.VanZandt@WellsFargo.com

Partner: Karen Van Zandt 240-497-1772
Assistant: Brad Katzen 240-497-6154

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Mike Fegan
George Mason Mortgage, LLC
6550 Rock Spring Drive Suite 655
Bethesda, MD 20817
Office - 301.841.1310
Mobile - 301.325.0717
Fax - 703.890.1859
www.gmmllc.com/mfegan

How much home can you get for $725,000

New York Times Monthly Feature: 

Property Values

What You Get for ... $725,000
 By MIKE POWELL

Published: May 18, 2010  Click here for Full Story

 

Want to live in a place where Will Smith shot a movie? You can

MSNBC's Washington DC Blog reports:

Deal of the Week: The "Enemy of the State" Co-op

Open, afforable, and in a Will Smith movie
By MARK WELLBORN URBANTURF

1789 Lanier Place N.W., #21 (map)
* Price: $510,000
* Bedrooms: Two
* Bathrooms: One
* Square Footage: 1,300

Bethesda Home With Zero Carbon Footprint

Washington Post reports:  

A Bethesda home with zero carbon footprint

By Elizabeth Festa

Special to The Washington Post
Saturday, May 1, 2010
Architect Marcie Meditch set out to show how a highly energy-efficient home could be built for a typical market price in a dense, suburban neighborhood like Bethesda... Click here for Full Article:

Brand New listing in Sumner!

Check Out Barbara's New Listing!

5107 Scarsdale Road, Bethesda Maryland 20816

Click HERE for HD virtual Tour

Offered at $869,000

MLS: MC7326131

Jumbo Mortgage Market Heating up!

Jumbo mortgages and housing market begin to heat up with spring

By Renae Merle

Washington Post Staff Writer
Saturday, April 24, 2010
Since the collapse of the housing market, home buyers trying to a secure mortgage of more than $729,750 have faced higher interest rates and tough new standards to even qualify for a loan.
Now the market for these "jumbo" loans is starting to thaw. The average interest rate for a 30-year fixed-rate jumbo mortgage stood at about 5.8 percent this week, according to HSH Associates. That is near historic lows and down significantly from the height of the financial crisis, when it was near 8 percent...

Washington Post Reports: Click here for full story 

How much home can you get for $975,000?

 New York Times  monthly feature, Demonstrating what $975k can buy you in three different locations:

click on image for full article

  Photo credit: Jim Wilson/The New York Times

Want to live where a Washington Wizard used to live?

Former Wizard  Antwan Jamison 

Lists Bethesda Home for $4.15 Million

The washington wizards Traded their star forward antwan Jamison to the Cleveland Cavaliers a few months ago, and  he has just listed his  Bethesda estate.  If you have ever wanted to live like a Wizard, here is your chance!

Click the following URL to see the listing:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?ID=36374608209

Average fixed-rate mortage down to 5.07%, from previous week's 5.21%

Washington Post Reports: 4/17/10

 

With the tax credit coming to an end in less than 2 weeks,  rates remain low and give buyers more incentive than ever to buy a home now. There are many different opinions on what will happen after the tax credit expires,  one certainty is that mortgage rates will go up, exactly how much is yet to be determined. If there is a home you are interested in and have been thinking about, financially speaking, before the end of the month  of April 2010 may be the best time to make that move. Call one of us if you have any questions!

Wall Street Journal insight on purchasing a summer home

10 Summer Home Mistakes
Wall Street Journal Online article By SUSHIL CHEEMA

Luxury Real estate prices are lower than they have ever been,  Tempting many people into buying that dream vacation home. Sushil Cheema offers some practicle advice  on the subject.