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Bethesda, MD Real Estate News

By Kelly McLaughlan
(KME Internet Marketing and Licensed Realtor)
From time to time, we find and offer some really wonderful value in new, custom family homes - in this case, the highly sought-after neighborhood of Bethesda, MD in Montgomery County. These homes are extremely competitively priced for this neighborhood, and great location - near schools, businesses and convenient to all of Metro DC. These homes are offered by Ingrid Myers, Realtor - Northern Virginia and Metro DC Maryland Real Estate. Ingrid has been providing this area usurpassed Real Estate services for private, commercial or agricultural (farms) properties for over 25 years. 5909 Melvern, Bethesda MD, Montgomery County New Home 5912 Somoma, Bethesda MD, Montgomery County New Home 5909 Melvern Dr., Bethesda, MD
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By Dana Scanlon, Bethesda MD- Award-Winning Bethesda Realtor
(Keller Williams Capital Properties)
Short sales and foreclosures are becoming a more common occurrence now in Bethesda, and many of them are selling briskly after only a few days on the market. They offer the savvy buyer with an opportunity to buy into one of the most sought-after locales in Montgomery County at significantly reduced prices. Call me or email for more information and for updates. We can discuss your needs and schedule a visit to any of these properties.  Partial list of Bethesda short-sales or foreclosures Status List Price Beds/ Baths Description Sub-division Active $1,000,000 5 / 4.5 Architecturally redesigned and expanded home on a large lot. Walk in closets, custom built ins, solarium, gourmet kitchen and 2 car garage. Sold in 2006 for $1,150,000 Bannockburn Active $840,000 3 / 2 Huge lot, fixer upper ...
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       As many people already may know; The Government has agreed to bailout all troubled assets, within corporations on Wall St, mainly. This certainly affects us, both good and bad.      This most important thing to realize is, it was inevitable. This had to happen or our situations would be worst than that of the depression era.      Mortgage rates have gone down and will continue to drop a little more even, to stay somewhere just under 6%, for the time being.  This will help 'kickstart' the housing sector somewhat.      Regrettably, we are all left holding the bag, as taxpayers.  With, what some say to be, upwards of 1 Trillion dollars in deficit in 1 year; taxes will have to be raised. None of us are immune. Both the little guy and the big will be paying for this. Lets just hope it...
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THERE HAS NEVER BEEN A BETTER TIME IN AMERICA TO BUY A HOME   You Can Quote Me On That!   To all Residents of Potomac, Bethesda and Chevy Chase:   If you have not already read my blog about now being the best time to buy, I hope you pay attention to this one.   I will make it short and sweet. In the areas that I have mentioned above; most of them are still seing HUGE PRICES INCREASES......AGAIN......HUGE PRICE INCREASES   And if I am not listing the home I won't tell. This will be are little secret.   Looks like we have recession proof zip codes mixed with a buyers market. I have developed a very unique Method to take advantage of this for all of my clients seeking to buy a home.  I can give you raw numbers such as the area code of 20817 & 20818 up almost 20% from last year and deliver...
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By Dana Scanlon, Bethesda MD- Award-Winning Bethesda Realtor
(Keller Williams Capital Properties)
This market update is for all price ranges, and provides a snapshot    of Washington    DC and several "close in" cities. The market continues to show large inventory of unsold properties and relatively low volume of homes under contract indicating a strong buyers' market. With interest rates dropping in the last weeks because of aggressive federal intervention to rescue Fannie Mae and Freddie Mac, the time is ripe for all categories of buyers, especially first time home buyers with reasonably good credit scores. "Active" indicates a property that is on the market for sale through a professional realtor. Source MRIS, which does not include some "for sale by owners". Select Market Active Under contract Bethesda     Single Family, townhomes 292 84 Condo, coop 119 29       Kensington     S...
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    WOODBURN REO - BETHESDA, MARYLAND September home buyers should by watching the inventory of lender owned homes for bargain prices. The lenders have a large inventory of homes and are highly motivated to sell them as quickly as possible. Please contact us if you wish to receive our client reports on lender owned foreclosures in Montgomery County or Frederick County, MD. We represent buyers as their exclusive agents. Buyers that need financing will have to submit a pre-qualification letter with any offer.  Ask us for a referral to a loan officer.  roykelley@mris.com   6011 GOLDSBORO RD, BETHESDA, MD 20817   WOODBURN - 3 BEDROOMS/3 BATHS - $574,900   PREVIOUS TRANSFER DATE AND PRICE:  17-Mar-2006  $695,000 PUBLIC RECORDS PROVIDED BY MRIS Tax Fiscal Year  2008  Estimated property tax an...
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 GEORGETOWN VILLAGE REO - BETHESDA, MARYLAND September home buyers should by watching the inventory of lender owned homes for bargain prices. The lenders have a large inventory of homes and are highly motivated to sell them as quickly as possible. Please contact us if you wish to receive our client reports on lender owned foreclosures in Montgomery County or Frederick County, MD. We represent buyers as their exclusive agents. Buyers that need financing will have to submit a pre-qualification letter with any offer.  Ask us for a referral to a loan officer.  roykelley@mris.com    6403 WINNEPEG RD, BETHESDA, MD 20817   GEORGETOWN VILLAGE - 5 BEDROOMS/4.5 BATHS - $809,900   DATA FROM PUBLIC RECORDS PROVIDED BY MRIS Tax Fiscal Year  2008  Estimated property tax and non-tax charges in first f...
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By Roy Kelley
(Retired)
BETHESDA FORECLOSURE Harvey West Auctioneers has advertised this home for a trustee sale on 9/24/08 at 10:48 AM at the court house entrance at 50 Maryland Avenue in Rockville. The required deposit is $25,000.  Always check for cancellations before attending trustee sale auctions. Trustee sales are open to the public and all qualified bidders. Most of the homes that are sold are purchased by the secured lenders. The lenders then offer the homes for sale when they become part of the REO inventory. Contact us for client reports on lender owned homes in Montgomery County and Frederick County, Maryland.  roykelley@mris.com THIS PROPERTY IS NOT AN ACTIVE LISTING ON MRIS. 7021 WILSON LN, BETHESDA, MD 20817     BANNOCKBURN - 4 BEDROOMS/3.5 BATHS  
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By Roy Kelley
(Retired)
 BETHESDA FORECLOSURE Harvey West Auctioneers has advertised this home for a trustee sale on 9/29/08 at 1 PM at the court house entrance at 50 Maryland Avenue in Rockville. The required deposit is $150,000.  Always check for cancellations before attending trustee sale auctions. Trustee sales are open to the public and all qualified bidders. Most of the homes that are sold are purchased by the secured lenders. The lenders then offer the homes for sale when they become part of the REO inventory. Contact us for client reports on lender owned homes in Montgomery County and Frederick County, Maryland.  roykelley@mris.com THIS PROPERTY IS NOT AN ACTIVE LISTING ON MRIS. 7612 EXETER RD, BETHESDA, MD 20814     EDGEMOOR - 7 BEDROOMS/5.5 BATHS  
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Today Freddie Mac and Fannie May were taken over by the government. This is a milestone, in the current housing situation and hints at many more changes to come.  Namely, does this signify the bottom of the housing market? Many think so. Mortgages rates dropped almost a 1/2 percent today for home buyers. I think the most interesting questions in our area markets is; the upper echelons of the housing markets in the D.C. metro areas are doing quite fine. How will this affect our market? The government taking over these two firms will positively effect our market in a great way. There will be more money to lend and it will be easier to obtain a loan, for qualified buyers. If you are in the market to buy a home, or if you are considering to buy a home; seriously think about purchasing by th...
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CLICK HERE FOR MORE INFO7932 MARYKNOLL AVEBETHESDA, MD 20817 MLS #: MC6864536$1,850,0005 Bedrooms, 5 Full, 1 Half BathroomsIncredible New Home by Rasevic Constr. No Detail has been overlooked! 5BR, 5.5BA Colonial w/ Upgrdes & Fab Finishes throughout! Custom Mouldings, Tray Ceilings, Grmt Kit w/ Butlers Pntry, FR w/ Coffered Ceiling; Library; 2 FP; 2Car Garage, Walk out Kit/Fam Rm to Great Backyd perfect for entertaining! Huge LL! Walk to Neigh Sch & Park! Conven Loc to DC/VA & dwnt Beth. OPEN SAT 9/6 and SUN 9/7 1-4Listed by Sondra MulheronLong & Foster Real Estate, Inc. CLICK HERE FOR MORE INFO7000 ARMAT DRBETHESDA, MD 20817 MLS #: MC6847741$1,895,0004 Bedrooms, 6 Full, 1 Half BathroomsUNIQUE FRENCH COUNTRY HOME DESIGNED WITH ONE LEVEL LIVING FEATURING WIDE ENTRY FOYER, FORMAL LIVING R...
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The High End Home Markets Is Alive and Well in the Metro of DC The luxury Market of Real Estate is going strong in the Metropolitan areas of DC. This is great news considering the lackluster performance of the national real estate market. Looking at the chart below; I would like to highlight a couple of items: 1. Most transactions are being sold between the 1-30 day period, mostly with the use of conventional loans. 2. With this being said, in Montgomery county alone, there are 881 and homes on the market over a million dollars. This suggests that sellers are starting to recognize that now is an attractive time to sell a home. Prices have held firmly and buyers would like to get their foot in the door before interests rates get out of hand.   ANTHONY DASHTIZADEH 240.353.3163 : MOBILE RE...
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By Dana Scanlon, Bethesda MD- Award-Winning Bethesda Realtor
(Keller Williams Capital Properties)
A TALE OF TWO CITIES? The statistics are in, and Montgomery County home sales, which had been bucking the national price trend up through December 2007 has now slid into decidedly negative territory. According to the latest figures released by GCAAR, average and median home prices are down significantly from July 2007 -- about the time the first rumblings of the subprime mortgage crisis began to be heard. While many jurisdictions had already started their downward slide at that point, Montgomery County -- with some of the most desirable markets nationally such as Bethesda-- was holding steady. Compared with July 2007, average prices dropped from approx. $617,000 to $587,000, while median prices went from $500,000 to $467,000. That's about a 7% drop in the median. Median prices, the poin...
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By Laurie Miller
(Keller Williams)
I have driven past Suburban Florists on Old Georgetown Road in Bethesda for years ... I have probably even received an FTD flower arrangement via them, but I have never stopped in the shop until today.     They have their own parking so that makes getting in the shop easy ... but the best part are the folks who run the shop.  Two sisters took over the business from their mother years ago, and they have done their mother proud.    We walked in looking for small bunches of flowers to give out after our daughter's summer drama camp production without much of an idea about what they should look like ... but we knew we needed 10 bunches (and the tenth one had to be bigger/more unique with sunflowers for the director) and that we had about $90 to spend.   The women there made up 10 great bouq...
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By Kacem Benali Bethesda & Rockville REALTOR
(Rockville & Bethesda Homes for Sale, I can help sell ur home)
Bethesda Neighborhoods and Homes for Sale     Bradley Hills Grove Homes for Sale. Bethesda, MD. English Village Homes for Sale. Bethesda, MD. Ten Ten One Grosvenor - North Bethesda, MD homes Bethesda, Maryland homes for sale North Bethesda, Maryland homes for sale Tilden Woods Homes for Sale. North Bethesda, MD City History and Homes for Sale. Bethesda, MD General info about Working in Bethesda, MD. General Info about Shopping in Bethesda. General info about Dining out in Bethesda. Alta Vista Gardens Homes for Sale. Bethesda, MD. Georgetown Village Homes for Sale. Bethesda, MD. Avenel Homes for Sale. Bethesda, MD. Bannockburn Homes for Sale. Bethesda, MD. Battery Park Homes for Sale. Bethesda, MD. Burning Tree Estates Homes for Sale. Bethesda, MD. Carderock Springs Homes for Sale. Beth...
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 Friday, August 22, 2008 TRUSTEE SALE SCHEDULED BY TIDEWATER AUCTIONS At the Montgomery County Courthouse Door, Judicial Center, Courthouse Square entrance, Rockville, MD(Legal Ads appearing in The Sentinel on 8/7, 8/14, 8/21)1:15 PM 10105 Baldwin Ct., Bethesda, MD 20817 $50,000 Deposit Trustee sales are open to the public and all qualified bidders.  Prospective buyers should carefully read the newsper advertisements for the terms and conditions.  Always check for cancellations. In the current market, most of the homes that are sold at trustee sales auctions are purchased by the secured mortgage lenders.  Contact us at roykelley@mris.com for reports on lender owned homes in Montgomery County, MD. 10105 BALDWIN CT, BETHESDA, MD 20817     DEMOCRACY COMMONS -3 BEDROOMS/3.5 BATHS   Tax Fisc...
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As you are well aware of by now, the real estate market has started to pick up by now. There are many reasons for this. Let me be clear by first saying: MANY INDICATORS ARE SUGGESTING THAT THE PRICES OF HOMES, AROUND THE COUNTRY, WILL DECREASE IN VALUYE. AGAIN, I THEY WILL DECREASE IN VALUE. PEOPLE HAVE TO BE CRAZY TO BUY A HOME THEY CAN GET FOR CHEAPER IN 6 MONTHS RIGHT? TRUTH BE TOLD, MORE OFTEN THAN NOT, THESE ARE THE CASES OF MOST CURRENT HOME BUYERS. WHY WOULD ANYONE BUY A HOME IN THIS SCENARIO? THERE IS ONLY ONE REASON I CAN THINK OF....TO SAVE MONEY!!! IF HOMES PRICES DROP AND INTEREST RATES INCREASE YOU WILL HAVE ALREADY BEEN TOO LATE TO TAKE ADVANTAGE OF THIS HOUSING CRISIS PRICES AND INTEREST RATES ARE EXTREMELY LOW. THIS WAS THE REASON PEOPLE STARTED TO BUY HOMES IN A FRENZY ...
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