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Silver Spring, MD Real Estate News

By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – November 16, 2011  – Rossmoor – Patio Homes This is a market report for patio homes in the senior citizen community of Rossmoor in Silver Spring, Md. 20906.  At the time of this report there is a total of 14 such homes on the market FOR SALE, four are under some form of under contract, and another two that have sold in the last 30 days. Two Bedrooms There are five two-bedroom patio homes in Rossmoor for sale at this time. These homes range in price from a low of $249,900 to $405,000, with the average being $306,560.  The days on market for these homes ranges from a week (5 days) to a little over six months (182 days) with the average being over two months (62 days).    Two two-bedroom patio homes in Rossmoor are under some form of contract.  The last known list price of t...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View –November 14, 2011 -Rossmoor CO-OP This is a market report for cooperative ownership (CO-OP) apartment in the senior citizen community of Rossmoor in Silver Spring, Md. 20906.  At the time of this report (11/14/2011) there is a total of 20 such homes on the market FOR SALE, 12 under contract, and five that have sold in the last 30 days. One Bedroom Nine of those for sale are one bedroom apartments, ranging in size from 635 to 990 sq ft.  These homes are currently listed from $34,900 to $57,000; with the average being $42,811.  The days on the market ranging from a week (4 days) to over five months (162 days) with the average being over two months (74 days). Currently there are three one-bedroom coop apartments under contract in the community of Rossmoor.  These homes were l...
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By Emcee M. Arah, Realtor w/Architectural Dimension, AHWD CRS B-Arch
(Remax Excellence - Silver Spring, MD)
Tomorrow (Saturday morning, November 5), there's an all-you-can-eat buffet at the Myersville Lions Club. $7 for adults; $6 for seniors; $3 for children ages 6 to 12. Free for kids under 6. You'll be able to order the 2012 Myersville Community Calendar at this time. Held by the Myersville Lions Club. Contact Joseph Mangiafico, Sr., at 301-293-1095 or joemangiafico@aol.com. Sunday (November 6), why not participate in the Help the Homeless Mini-Walk at Sligo-Dennis Community Park? The park is located at 10220 Sligo Creek Parkway in Silver Spring. It's a great opportunity to help the Montgomery County Coalition for the Homeless (MCCH). You'll be helping to raise critical funds and to educate the community on homelessnesss. You're sure to enjoy a fun-filled afternoon, enjoying music, activit...
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By Debbie Cook, Silver Spring and Takoma Park Maryland Real Estate
(Long & Foster Real Estate, Inc)
This Quiet Charming Pocket of Single Family Homes in Downtown Silver Spring has 131 Homes within it's boundaries.Annual Home Sales in McNeill's Addition to Silver Spring Park  Sales settled (closed) from January 1, 2013 to December 31, 2013  *All Information from the MRIS - Metropolitan Regional Information Systems706 Mc Neill Road - 4 Bedrooms 1 Bath List Price - $450,000Sold Price - $435,000Seller Credit - $0Days on Market - 8 Family owned since 1941 Solid Brick Cape Cod "AS-IS" Estate Sale - Front Porch Roof 14 yrs old - Gas furnace 18 yrs old - Good basement ceiling height -Rear garage & driveway on Cedar - Walk to Metro Great  neighborhood/location/potential -Bullis Park across street - Original kitchen/baths/windows - Brick Wood Burning Fireplace - Conventional financing only. 700...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today's View – October 31, 2011 - Silver Spring (Aspen Hill), Md. 20906 - Townhouses This is a market report for townhouses in Silver Spring, Md. 20906, commonly known as Aspen Hill.  Not included in this report are those townhouses in the adult (55 + ) community of Rossmoor. At the time of this report (10/31/2011) there are a total of 35 such homes on the market FOR SALE, 34 under contract, and another 10 that have sold in the last 30 days. Two Bedrooms There is one two-bedroom townhouses on the market for sale at this time in Aspen Hill. This home is currently listed for $129,900 and has been on the market for just over two months (67 days). There are two two-bedroom townhouses in Aspen Hill that are under some form of contract the time of this report.  The last known list price of bo...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – October 30, 2011 – Rossmoor Garden apartments   This is a market report covering condo garden and mid-rise condo apartments for sale in the senior citizens community of Rossmoor in Silver Spring, Md. 20906. There are at this time (10/30/2011) 24 homes on the market for sale and another ten are under some form of contract in this market,  and in the last 30 days, four homes of this type in this market area completed the sales process and have new owners.   One Bedroom Apartments There are two one-bedroom homes on the market for sale.  The list prices of these homes range from $64,800 to $68,800, with the average being $66,800.  The days on market range from a month (31 days) to over six months (182 days) with the average approaching four months (107 days).   Today there is...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – October 30, 2011 – Silver Spring, Md.20906 – Rossmoor   This is a market report for high-rise apartments in the senior citizen community of Rossmoor (LW) here in Silver Spring, Md. 20906.  At the time of this report (10/30/2011) there is a total of 50 such homes on the market FOR SALE, 17 are under some form of under contract, and another ten that have sold in the last 30 days.   One Bedroom There are eight one-bedroom high-rise apartments on the market for sale in Rossmoor. These homes range in price from a low of $72,500 to $139,000, with the average being $90,938.  The days on market for these homes ranges from nearly two weeks (14 days) to over eight months (254 days) with the average being over four months (104 days).   There is one-bedroom high-rise apartments in th...
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By Debbie Cook, Silver Spring and Takoma Park Maryland Real Estate
(Long & Foster Real Estate, Inc)
There are 6 more days to get a Pumpkin and carve it out and or display it for Halloween.   The  Annual Pumpkin Patch has a good selection of Pumpkins and some pretty chrysanthmums at Woodside Methodist Church in the Woodside area at the edge of Downtown Silver Spring.  Boy Scout Troop 209 is Silver Sprng’s Oldest Boy Scout Troop.  Boy Scout Troop 209 has been in existence since the 1930’s at this same Silver Spring Location. Buy a pumpkin or some mums and Support  your Local Silver Spring Boy Scout Troop 209.   All proceeds go to the troop’s financial aid fund to make sure that all scouts can participate in the troops many activities and it’s more fun than just picking up a pumpkin at the local grocery store! Woodside United Methodist Church8900 Georgia AvenueSilver Spring, MD 20910 Loc...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – October 19, 2011 – Silver Spring (Wheaton), Md. 20902 - Townhouses   This is a market report covering townhouses for sale in Silver Spring, Md. 20902, commonly referred to as Wheaton. There are at this time 22 homes on the market for sale and another eight under some form of contract in this market,.  In the last 30 days, three townhouse in this market area completed the sales process and have new owners.   Two Bedroom Homes There are three two-bedroom homes on the market for sale.  The list prices of these homes range from $224,000 to $279,000, with the average being $257,633.  The days on market range from over a month ( 40 days) to four months (120 days) with the average being over two months (70 days).   Today there are no two-bedroom homes in the market area currentl...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – October 19, 2011 – Silver Spring (Wheaton) Md. 20902 – Detached Homes   This is a market report covering the detached homes in the Silver Spring, Md. zip code of 20902, commonly known as Wheaton.  At the time of this report (10/19/2011) there is a total of 108 such homes on the market FOR SALE, 51 under contract, and another 14 that have sold in the last 30 days.   Two Bedroom Homes There are five two-bedroom detached homes on the market for sale in this market area.  The list prices of these homes range from $165,000 to $320,000, with the average being $252,980.  The days on market range from a day to just over four months (127 days) with the average being over two months (61 days).   Today there six two-bedroom detached homes under contract in the area covered by this m...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
  Today’s View – October 19, 2011 – Silver Spring (Cloverly) Md. 20905 – Detached Homes Today there are 83 detached homes on the market for sale in Silver Spring, Md.20905, commonly known as Cloverly.  There are at this time 42 detached homes under some form of contract in this market, too.  In the last 30 days, 18 detached homes completed the sales process and have new owners.   Two Bedroom Homes Today there are no two-bedroom detached homes on the market for sale in Coverly.  There is only one two-bedroom detached home in Coverly currently under some form of contract.  The homes was last listed for $199,000 and was on the market for less than three weeks (20 days) In the last 30 days only one two-bedroom homes completed the sales process.   This home sold for $45,000 after being on th...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View –October 18, 2011– Silver Spring (Aspen Hill),Md.20906 – Rossmoor This is a market report for patio homes in the senior citizen community of Rossmoor in Silver Spring, Md.20906.  At the time of this report there is a total of 13 such homes on the market FOR SALE, five are under some form of under contract, and another two that have sold in the last 30 days.   Two Bedrooms There are three two-bedroom patio homes in Rossmoor for sale at this time. These homes range in price from a low of $249,900 to $300,000, with the average being $273,300.  The days on market for these homes ranges from 2 days to a little over four months (137 days) with the average being over a month (48 days).    Five two-bedroom patio homes in Rossmoor are under some form of contract.  The last known li...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – October 18, 2011 -Rossmoor CO-OP This is a market report for cooperative ownership (CO-OP) apartment in the senior citizen community of Rossmoor in Silver Spring, Md.20906.  At the time of this report (10/18/2011) there is a total of 25 such homes on the market FOR SALE, ten under contract, and two that have sold in the last 30 days. One Bedroom Eleven of those for sale are one bedroom apartments, ranging in size from 635 to 800 sq ft.  These homes are currently listed from $30,900 to $49,900; with the average being $39,382.  The days on the market ranging from two weeks (14 days) to over five months (153 days) with the average approaching three months (89 days). Currently there are three one-bedroom coop apartments under contract in the community of Rossmoor.  These home...
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By Andrea Bedard, Fluent in Real Estate & German, M.A. ABR ASP CIPS
(Thompson Company, REALTORS® 240.593.2860)
SUNDAYS @ THE PARK ~ SLIGO CREEK IN SILVER SPRING, MD ~ Sligo Creek Park or Sligo Creek Watershed is an urban oasis - running from the Wheaton Regional Park almost through the heart of Silver Spring, MD into Takoma Park. It features miles of bike and walking trails, play-grounds, a golf course and, of course, the Sligo Creek. A miniature train, carousel, adventure play-ground and Brookside Garden & Nature Center can be found at Wheaton Regional Park. The Friends of Sligo Creek have been leading the effort to "restore to health the water quality, natural habitat, and ecological well-being of the Sligo Creek watershed" and to make it a safe haven for the many communities along the park. You can do your part, too, when visiting the Sligo Creek watershed - don't litter please and pick up af...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
"The Fast Talker" (for Seinfield fans) Yes, I question sometimes bank Representatives that connect with us when we are doing short sales. For most part, they are helpful because that is their jobs and I fully understand that person does not have the decision make capability to make any difference in my short sale. But from time to time I wonder where they find some of this employees with zero training. . Case In Point I just heard a message from a bank representative in my voice mail. . "Hello Fernando Herboooosssu . .my name is Jen? for the property five too too sinveme fol" I listened to the message 5 times. .could not catch the proeprty. .that is a problem for me because I have more than one short sale. then she proceeded to tell me that a BPO has been ordered and I should contact a...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’ View – October, 5, 2011 –  Rossmoor sales trends.   As I reported in a previous post back (Progress) in July 2011, sales in the senior citizens community of Rossmoor in Silver Spring, Md. were looking up. At that time homes sold year to date and those under some form of contract exceeded half the total for 2010.   Well, I am happy to say as of September 30, 2011, transactions in the community are even better.  The total of the homes sold and those under some form of contract as of that date exceed the total sales for 2010, and we still have three months to go.   The transactions for all of 2010, based on MLS statistics; was 280 homes sold in the community.  The same source shows 247 sold since the first of the year and 35 more under some form of contract for a total of 282 transa...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – September 29, 2011 -Rossmoor CO-OP This is a market report for cooperative ownership (CO-OP) apartment in the senior citizen community of Rossmoor in Silver Spring, Md. 20906.  At the time of this report (9/29/2011) there is a total of 22 such homes on the market FOR SALE, five under contract, and four that have sold in the last 30 days. One Bedroom Eleven of those for sale are one bedroom apartments, ranging in size from 635 to 800 sq ft.  These homes are currently listed from $34,900 to $49,900; with the average being $40,827.  The days on the market ranging from nearly two weeks (16 days) to over four months (134 days) with the average approaching three months (81 days). Currently there is one-bedroom home of this type under contract in the community of Rossmoor.  This...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – September 29, 2011 – Silver Spring, Md. 20906   This is a market report covering garden condo apartments for sale in the senior citizens community of Rossmoor in Silver Spring, Md. 20906. There are at this time 24 homes on the market for sale and another five are under some form of contract in this market,  and in the last 30 days, seven homes of this type in this market area completed the sales process and have new owners.   One Bedroom Homes There are three one-bedroom homes on the market for sale.  The list prices of these homes range from $62,500 to $68,800, with the average being $65,367.  The days on market range from 1 day to over fourteen months (438 days) with the average being over six  months (196 days).   Today there is no one one-bedroom home in the market ar...
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By Dale McGeehon, www.SilverSpringHomesForYou.com
(Weichert, Realtors)
Buy a House in Silver Spring, Maryland, with Seller Financing Seller financing is becoming the wave of the future for buying and investing in real estate. Because lenders are requiring almost-perfect credit scores and big down payments, many buyers are not able to get a mortgage. However, with seller financing, these same buyers can buy a house with fewer hassles, if they have a decent down payment, roughly 10 percent or more. I have access to a program in which investors will pay cash for properties that these buyers want to own and then those investors will, in turn, provide seller financing for these buyers. In these cases, the buyer will not have to go through the rigorous process of qualifying for a mortgage. They won't have to put 20 percent down, as is required in many cases. Ins...
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By Emcee M. Arah, Realtor w/Architectural Dimension, AHWD CRS B-Arch
(Remax Excellence - Silver Spring, MD)
Finding Your Downpayment The first thing you'll need to do when buying your first home is come up with your downpayment. Your downpayment can be anything from 0% up to as much as 50%. There are lots of ways to come up with your downpayment when buying your first home. Here is Tip #8 for Finding Your Downpayment! Finding Your Downpayment - Tip #8: Consider 100% Financing If you think there is absolutely no way you can come up with a downpayment, then perhaps you should consider 100% financing when you buy your first home. There was a time when anyone, anywhere could get 100% financing for any reason. Although those days are long gone, you can still get qualified for 100% financing. With this option, you can either apply for a loan covering the entire purchase price of the house OR you ap...
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