The $70.9 million project has 92,000 sq. ft and is located at the corner of Georgia (11701) and Arcola avenues. This is the first combined complex of its kind in Montgomery County, which includes a library, community recreation center, Friends of the Library used bookstore, park, underground parking garage and a redesigned roadway. For more Information online, use the following convenient URL: Continue Reading
My Team Shared in Highest GCAAR Gold Team Award!
The regional Realtor® organization, GCAAR, announced 2018 awardees and placed my Team in the highest category. We had over 90 closed sales and rental transaction sides, resulting in $35M in Sales. We greatly appreciate referrals from prior clients and customers. Rest assured they will receive the same high level of professional, ethical and caring services that are the basis of my team’s success. Continue Reading
Relocation Services: Across the USA and the World, in Particular, If Relocating to Florida!
I provide outgoing referral services to all parts of the USA and to foreign countries. My referrals have been very successful with many satisfied clients. Agents receiving my referrals take them very seriously, as they know I am a Top Office producer and part of Long & Foster, and now even more, we are a Berkshire Hathaway Affiliate. In Particular, If Relocating to Florida? I Have Many Continue Reading
Radon Testing Now Required in Most County Sales
As of October, 2016, Montgomery County law requires that a detached single-family and townhouse located in the County must be tested for radon before completing a sale of the home. The law does not apply in the sale of certain home sales, e.g., REO sale, tax sale, and administration of a decedent’s estate. The law requires the seller to perform the radon test, or permit the buyer to perform the Continue Reading
Montgomery County Sales for November 2015
Montgomery County Breaking News: Market Report for November 2015 Sales Prices and Sales Volume are Both Up from Nov 2014. My Snapshot of Montgomery County Market Shows: Sales Volume in November 2015 was up 13.81% relative to November 2014 (857 units versus 753 units). Average price was up 4.74% ($504,492 versus $481,656). Days on the Market (DOM) was steady at 57 in both 2015 and 2014. To See Continue Reading
Sales Volume Up and Days on the Market Up
Montgomery County sales volume in March 2015 was 15.6% above March 2014 (860 units versus 744 units). Average price was essentially unchanged. However, there was a decided difference in Days on the Market (DOM) which was much higher in 2015 than in year before, 75 DOM versus 55 DOM in 2014. This shows that the pace of sales is taking longer in this year's market. If we look at the preceding 90 day Continue Reading
Despite a colder winter, Montgomery County sales volume was up 6.9% and Days on the Market was down in Jan '14 versus Jan '13. Prices were also up 6%. For more details see my Monthly Market Snapshot Report or, you can wait until April for the Washington Post Report. Continue Reading
Montgomery County MD Sales: All Positive Signs for Sellers
I just used my proprietary software to compare the recently closed out 3rd Quarter 2013 (July-Sept) to 3rd Quarter 2012 and the results are very informative of the new market condition in Montgomery County, MD! Montgomery County (MoCo) Sales Volume for this third quarter is up an amazing 20% while prices are also up 6.9% and Days on Market (DOM) has dropped from 61 Days to 39 Days. MoCo Sales Continue Reading
Market Rising Steadily
The monthly Case-Schiller residential sales report that spans 20 major metropolitan areas showed that home prices had risen at the fastest pace in over 7 years at 12.4%. Their data reports on May-July 2013. For a good summary and a worthwhile article see, Wall Street Journal My web site provides even more current analysis of August 2013 just for Montgomery County, see My Monthly Market Snapshot Continue Reading
Silver Spring Market Improving for Sellers
A new Long & Foster Report confirms that the Silver Spring Market (Zip 20901,02,03,04,05,06,10) is improving for sellers. Data for May 2013 show that Units Sold at 279 is Up 6%. The # Active Listings at 509 is Down -34%, while Median Price at $360K is Up 7%. Another positive indicator for Sellers is that Days On Market at 39 is Down from 53 days (-26%). The Months of Supply is now 1.8 and is Continue Reading
