DC Metro Price Increases Continue into August as Demand Remains Strong

RBI - Posted on September 09, 2013 by Corey Hart

Demand remained strong in the Washington DC Metro Region in August.  The number of sales and pending contracts increased. Click Here to Read More From RBI

Mortgage applications rise as rates dip

Mortgage applications rise as rates dip

Interesting Article from USA TODAY Adam Shell 10:31 a.m. EDT September 4, 2013

Applications for mortgages jump 1.3% as borrowing costs ease a tad, making homes more affordable and decision to refinance easier. Click Here to Read More 

Open House! September 8th 1-4PM. 8722 Manchester Rd #8 Silver Spring

Open House! September 8th 1-4PM.
8722 Manchester Rd #8 Silver Spring, MD 20901 
List Price: $119,000 
 Bright, renovated, convenient - and at a price you can afford! LRG sunny top floor 2 BR unit. Spacious living room, dining area + renovated kitchen w/ stainless steel appliances and Silestone Counters! 2nd BR w/ custom built-ins. Great closet sp. + extra storage.

Click Here For a Virtual Tour

Our E-news Letter For August

Click Here to Read Our August Newsletter

It's finally happened, daughter number five is off to college and we are officially "empty nesters", at least for most of the time. A change in lifestyle often brings about a change in housing needs.

The current housing market is brisk, with low inventory and creeping interest rates creating a frenzy of activity. However, life doesn't check in with the market to determine the best time for a housing change. People get married, get divorced, have babies, lose loved ones, have children move out, have children move back, all without consulting the current real estate trends. To best be able to handle the "life stuff", you need a team of trusted people to help with any decisions. A realtor should be included in this team.

Attorneys should advise you on legal matters, a CPA on tax issues, and a realtor on housing decisions. Sometimes, it doesn't make sense for someone to move, and if that's the case, we'll tell you. Caring for our clients is far more important to us than any transaction. Although we earn our livings helping people buy and sell houses, the value of our business is the trust we have earned from our clients. You can't put a price on that, and we are perpetually grateful for the confidence you put in us. Thank you.

Sometimes the decision to move is easy, and sometimes life makes it difficult. Either way, we are here to help with the decision. You need a professional who has your best interests in mind to help with any housing decisions, just like a legal or tax expert. We are here to help, just give us a call. We are always glad to meet with you to discuss the current market, current home values, and if your move makes sense. As we have said before, real estate has nothing to do with houses, it's all about people. We can help you with the "life stuff".

Drive carefully, summer is over and school is starting. We know because our house is unusually quiet.

Barbara, Tom, Susan and Emily,

Nalls Home Partners

More Signs Of Strength In The Housing Market

 Seek Alpha a - Article by Calafia Beach Pundit Scott Grannis

The news keeps getting better for the U.S. housing market. Prices are up, construction is up, and new-home sales are up. Click Here to Read the Full Article

Open 1-4 July 28th! 7701 MARBURY RD, BETHESDA - Hot New Price $1,999,000!

Thoughtful design & breathtaking details combine to make this 4 level, 6BR, 5.5BA Craftsman the home of your dreams. Well cited on a very large lot, the distinctive residence offers substantial living, dining & family rooms, a magnificent chef's kitchen, mudroom, library, porch, a beautiful deck & spacious 2 car garage.  Large bright bedrooms & a decadent owner’s suite upstairs and perfectly finished LL open to the fenced rear yard (& sportcourt!) complete the picture. Ideally located near schools and vibrant downtown Bethesda, this is the one you've been waiting for! 

Click Here for the Virtual Tour

The Market Is Moving....You Could Be Too!

 

I recently saw a post card from another Realtor with that wonderful tagline. It's not so terribly unique that I feel awkward re-using it, but a tip of the hat to friend and colleague Sharon Buchanan with Remax just in case...

Regardless, the sentiment is perfect. After so many years of down markets and depressing real estate news, folks finally feel like moving is an option. Sure, interest rates are up a tiny bit, but they are still very, very low. Heck, we would have all been tripping over each other to get 4.25% back at the peak of the market. And it's a nice, balanced market out there. Listings selling reasonably quickly and easily; buyers getting nice houses in one or two tries; lenders being sort of halfway rational about loaning mortgage money...pretty good stuff. 

  

So now, instead of a marketplace full only of people who absolutely HAVE to move, we are seeing discretionary moves and lots of folks who just WANT to move house, for all sorts of reasons. And that could be you. Dream a little. Maybe you've always wanted a bit of elbow room from the neighbors, or a pool, or a guest room or a contemporary rather than traditional home. Whatever the reason - and there are as many as there are people and families - we're here to help.

If you need a little inspiration, try looking at my favorite web-addiction, Houzz. It's pure house-porn. Love it!

Enjoy the rest of the summer, stay cool, have fun and we'll see you in September!

Barbara, Tom, Susan and Emily,

Nalls Home Partners

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