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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 - August 20, 2011 - Silver Spring (Colesville), md. 20904 - Detached Home This is a market report for detached and semi-detached homes in Silver Spring, Md.20904, commonly known as Colesville.  Not included in this report are those new homes under construction.. At the time of this report (8/20/2011) there are 118 such homes on the market FOR SALE, 47 under contract, and another 8 that have sold in the last 30 days. Two Bedrooms There are two two-bedroom detached or semi-detached homes in Colesville for sale. These homes range in price from a low of $150,000 to $415,000, with the average being $282,500.  These homes were on the market for 4 and 36 days.   There is only one two-bedroom detached home 20904 which is under some form of contract.  The last known list price of th...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – August 18, 2011 – Silver Spring 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 (8/18/2011) there is a total of 94 such homes on the market FOR SALE, 63 under contract, and another 34 that have sold in the last 30 days.   Two Bedroom Homes There are seven two-bedroom detached homes on the market for sale in this market area.  The list prices of these homes range from $150,000 to $299,999, with the average being $236,557.  The days on market range from three weeks to three months (110 days) with the average being over a month (49 days).   Today there five two-bedroom detached homes under contract in the area covered by this market report. The...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today's View - August 17, 2011 - Silver Spring (Aspen Hill), Md. 20906 This is a market report for detached and semi-detached homes in Silver Spring, Md. 20906, commonly known as Aspen Hill.  Not included in this report are those homes in the senior citizen community of Rossmoor. At the time of this report (8/17/2011) there are 112 such homes on the market FOR SALE, 83 under contract, and another 19 that have sold in the last 30 days. Two Bedrooms There are two three-bedroom detached or semi-detached homes in this report area for sale. These homes range in price from a low of $196,299 to $259,000, with the average being $227,600.  These homes were on the market for 49 and 50 days.   Six two-bedroom detached or semi-detached homes in this report area are under some form of contract.  The...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
This is a market report for detached and semi-detached homes in Silver Spring, Md.20905, commonly known as Cloverly. At the time of this report (8/16/2011) there are a total of 74 such homes on the market FOR SALE, 33 under contract, and another 14 that have sold in the last 30 days. Two Bedrooms There is only one two-bedroom detached home on the market for sale at this time in the area covered by this report. This home is currently listed at $199,000 and has been on the market for only two weeks (14 days).  There is also only one two-bedroom detached home under some form of contract in the area.  This home was last listed for $59,000 and was on the market for about a year (341 days).  No two-bedroom detached home successfully completed the sales process in the last thirty days. Three B...
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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 #3 for Finding Your Downpayment! Finding Your Downpayment - Tip #3: Sellers Can Often Be Generous Believe it or not, there are several scenarios in which the seller may be willing to give you the downpayment and even the closing costs. How, you ask? Imagine a scenario where you are able to pay the seller's full list price. Therein lies a situation where the seller is in a position of having a little "wiggle room." They can then find themselves able to help you, the buyer. And they could help by giving you the a...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today's View - August 15, 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 (8/15/2011) there is a total of 24 such homes on the market FOR SALE, fsixunder contract, and another seven 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 $38,500 to $51,900; with the average being $43,923.  The days on the market ranging from new today to over five months (169 days) with the average being just short of two months (58 days). Currently there are no one-bedroom homes of this type under contract in the community of Rossmoor.  There...
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By Emcee M. Arah, Realtor w/Architectural Dimension, AHWD CRS B-Arch
(Remax Excellence - Silver Spring, MD)
Looking for some things to do next week in and around Silver Spring, Maryland? Check out some of these events! Tuesday, August 16, 2011 The ORIGINAL Third Tuesdays Time:  4:00 p.m. - 8:00 p.m. Cost:  FREE Event Great Opportunity for lots of 'B2B' Networking and tons of fun. Stop by, bring your friends and co-workers. Start some GREAT Relationships. Build your contacts and your business. Where:  Clyde's Tower Oaks Lodge, 2 Preserve Parkway, Rockville Contact: Angie Segal at (301) 879-7873 ~~ Business Meetup Time:  5:30 p.m. - 8:00 p.m. Cost:  FREE Event This monthly group brings together current and future business owners who want to advance their businesses through roundtable discussions of business challenges, networking, collaboration and brainstorming to develop effective business st...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – August 9, 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 25 homes on the market for sale and another six are under some form of contract in this market,  In the last 30 days, eight homes 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 $64,800 to $74,900, with the average being $69,900.  The days on market range from over three months (100 day) to over a year (387 days) with the average being over eight months (254 days).   Today there is only one one-bedroom home in the market area cur...
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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 #2 for Finding Your Downpayment! Finding Your Downpayment - Tip #2: Be Original - Save It! There is one sure-fire method of finding your downpayment - save it. Take small amounts from each of your paychecks and save it. It may take a while to save enough for your downpayment however if you are diligent, it can be done. Think about this: if you save $200 from your paycheck every two weeks, after 12 months, you will have saved $5,200 - a nice chunk toward your downpayment! Yes, there are other ways of coming up w...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – August 8, 2011 – Silver Spring (Hillandale), Md. 20903   This is a market report covering townhouses for sale in Silver Spring, Md. 20903, commonly referred to as Hillandale. There are at this time 26 homes on the market for sale and another 33 under some form of contract in this market,.  In the last 30 days, 5 homes in this market area completed the sales process and have new owners.   Two Bedroom Homes There are no two-bedroom homes on the market for sale and none have completed the sales process in the last 30 days.   Today there are two two-bedroom homes in the market area currently under some form of contract.  The last known list price of these homes ranged from a low of $70,000 to a high of $150,000, with the average being $110,000.  The days on market for these h...
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By Dale McGeehon, www.SilverSpringHomesForYou.com
(Weichert, Realtors)
Top 20 Foreclosures in Silver Spring, Maryland If you are considering buying a foreclosure in Silver Spring, Maryland, here is a good place to see what is available. As of this writing, there were 20 single family homes available in Silver Spring. They ranged in price from $79,900 to $450,000. Most have three bedrooms and two bathrooms, but some have two bedrooms. A few have four bedrooms, and there is one with six bedrooms. Don't expect some of the properties to be palaces. Their condition can be poor and needing new kitchens, bathrooms, paint, carpet, appliances, new flooring or new siding. On the other hand, some need very little work. You just have to be willing to spend the time to see several properties to find the hidden gems. It may be harder to find a true bargain, such as a pr...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – August 6, 2011 – Silver Spring (Colesville), Md. 20904   This is a market report covering those homes for sale in Silver Spring, Md. 20904, commonly referred to as Colesville. There are at this time 101 homes on the market for sale and another 48 under some form of contract in this market,.  In the last 30 days, 14 homes in this market area completed the sales process and have new owners.   Two Bedroom Homes Today, there is no two-bedroom home on the market for sale in this market area, and neither did one change hands in the last 30 days.     Today there are two two-bedroom homes in the market area currently under some form of contract.  The last known list price of these homes ranged from a low of $174,900 to a high of $210,000, with the average being $192,450.  The day...
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By Emcee M. Arah, Realtor w/Architectural Dimension, AHWD CRS B-Arch
(Remax Excellence - Silver Spring, MD)
Looking for some things to do this weekend and next week in and around Silver Spring, Maryland? Check out some of these events! Saturday, August 6, 2011 Social Enterprise Symposium Time:  11:00 a.m. - 3:00 p.m. Cost:  FREE Event The Daniel Leadership Institute’s Leadership Seminar on Social Entrepreneurship attracts aspiring social entrepreneurs, key thought leaders, and strategic partners to an exciting forum for learning and new collaborations. Where:  Crowne Plaza Hotel, 8777 Georgia Avenue, Silver Spring Contact: Ena Kah at (202) 642-9760 ~~ Monday, August 8, 2011 Sandy Spring Civic Association Monthly Meeting Time:  6:30 p.m. - 8:00 p.m. The Sandy Spring Civic Association holds its monthly meeting the second Monday of each month. Where: Ross Boddy Community Center, 18529 Brooke Roa...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – August 2, 2011 – Silver Spring (Cloverly), Md. 20905   This is a market report covering those homes for sale in Silver Spring, Md. 20905, commonly referred to as Coverly. There are at this time 79 homes on the market for sale and another 33 under some form of contract in this market,.  In the last 30 days, ten homes in this market area completed the sales process and have new owners.   Two Bedroom Homes Today, there is just one two-bedroom home on the market for sale in this market area.  The list price of this home is $59,000 and it has been on the market for over 11 months (338 days).   There are no two-bedroom homes currently under contract in the market area, nor have any changed hands in the last 30 days.   Three Bedroom Homes There are 17 three-bedroom homes on the ...
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By Gary Ditto
(Long & Foster Realtors)
10128 Meadowneck Court Silver Spring MD 20910   Come and explore this wonderful home nestled on a quiet cul-de-sac in charming Capitol View Park (the first historic district in Montgomery County), this 3 bedroom 2 and a half bath colonial provides lots of space and light throughout. A freshly painted interior and exterior, cleaned and refinished hardwood floors, new wall to wall carpeting and a new roof are just some of the many updates the homeowner has done recently. The location provides an easy commute to downtown Kensington, along with the MARC train, and the Forest Glen metro stop (just a bit over a mile away via bus service just up the street). In addition, enjoy the convenience of nearby shopping, schools, transportation routes, Rock Creek Park and the hiking/biking trails in t...
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By Emcee M. Arah, Realtor w/Architectural Dimension, AHWD CRS B-Arch
(Remax Excellence - Silver Spring, MD)
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 #1 for Finding Your Downpayment! Finding Your Downpayment - Tip #1: Use Your Tax Refund For Something Big! So you say you aren't a saver. Or you think it is going to be too difficult to save enough for a downpayment. Well, one of the fastest and easiest ways to come up with your downpayment is to use your tax refund. Many people use their tax refund to pay off bills or to buy things they've wanted for a while. Why not use your tax refund for something bigger ur tax refund to purchase something that will be yours for a lifetime?  Most l...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – July 31, 2011 – Silver Spring, Md. 20906 – Townhouses   This is a market report covering townhouses in the Silver Spring, Md. zipcode of 20906, Not included in this report are those in the senior citizen’s community of Rossmoor or new construction.     There are a total of 36 townhouses FOR SALE in this market area. At this time another 36 townhouses are under some form of contract in this market, too.  In the last 30 days, 11 townhouses in this market area completed the sales process and have new owners.   Two Bedroom Homes There are no two-bedroom townhouses on the market for sale in this market area at this time.  There is one two-bedroom townhouse under contract.  This home was last listed for $225,000 and had been on the market for just about a month (32 days).  No t...
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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 )
From Forecloure Of The Day in Montgomery County Maryland Original Post  8405 10TH AVE, SILVER SPRING, MD  20903 ML#:  MC7660635 LP:  $239,000 Status:  ACTIVE DOMM/DOMP:   0/0 Adv Sub:  NEW HAMPSHIRE ESTS Ownership:  Fee Simple TOT EST CHRGS: $3,313 Date Avail:   Ground Rent: Type:  Detached Area:  Style:  Rambler ADC Map Coord:  XX BR/FB/HB:  4/2/0 Yr Blt:  1953 Lot AC/SF: .143 / 6240 HOA/CC Fee: / SQFT-Tot Fin: 2,660 Tax Living Area: 1,330 Lvls/Fpl:  2/1 Vacation Y/N:  No Construction:   Brick Basement:  Yes, Fully Finished Parking:  Drvwy/Off Str # Gar/Cpt/Assgn:  // Heat/Cool:  Natural Gas/Forced Air/Electric/Central A/C Water/Swr:  Public/Public Sewer List Date:  29-Jul-2011 Update Date:  30-Jul-2011 Company:  Century 21 New Millennium   Remarks:  This brick rambler boasts 4 BR & TH...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
  Today’s View – July 29, 2011  Rossmoor – Patio homes Today there are 15 detached or semi-detached single family homes on the market for sale in senior citizens community of Rossmoor located in Silver Spring, Md. 20906.  The average list price of these homes is $275.277.  While some have just recently come on the market or returned to the market, the average time on the market is approaching four months (119 days). There are another seven detached or semi detached homes in this community (Rossmoor) that are under some form of contract at the time of this report.  The average last known list price of these homes is $237,386 with the median being $229,000.  While one was on the market for close to a year (352 days), the average is just short of  five months ( 145 days).   In the last 30 ...
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