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Silver Spring, MD Real Estate News

By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
The #1 Reason to List Your Leisure World of Maryland Home Right Now The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’s quite evident there are two big stories impacting this year’s residential real estate market: 1. Buyer demand is already extremely strong2. Housing supply is at a historically low level Demand ShowingTime is a firm that compiles data from property showings scheduled across the country. The latest ShowingTime Showing Index reveals how showings have increased in each of the country’s four regions for five months in a row. Supply ...
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By Andrea Bedard, Fluent in Real Estate & German, M.A. ABR ASP CIPS
(Thompson Company, REALTORS® 240.593.2860)
Yesterday I had the chance to catch up with Jennifer Smigal, a State Farm Insurance Agent, while on my way to my own office meeting. Jennifer has been part of my trusted 3rd party network for a few years now, and has always been available with input when I needed it. Securing homeowner's insurance is one of the must-do items on your home buying to-do list prior to closing. You won't get to hear the magic words cleared to close without proof of adequate insurance coverage! The process does not take very long, just a few minutes of your time, and very little paperwork. At State Farm, Jennifer and her team only need a copy of your appraisal and your REALTOR's contact info. If you have that handy, then you are good to go and can get a quote as well as coverage super fast. An insurance binde...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Does “Aging in Place” Make the Most Sense? Look at Leisure World of MD A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.” There is no doubt about it – there’s a comfort in staying in a home you’ve lived in for many years instead of moving to a totally new or unfamiliar environment. There is, however, new information that suggests this might not be the best option for everyone. The familiarity of your current home is the pro of aging in place, but the potential financial drawbacks to remodeling or renovating might actually be more costly than the long-term benefits. A re...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Leisure World Maryland Clubs and OrganizationsLeisure World of Maryland is a great place to live for 55+ Active Seniors. Located in Silver Spring, MD 20906 within Montgomery County. Leisure World of MarylandA Private, Gated, Age-Restricted CommunityLeisure World of Maryland is an active adult, age-restricted community. One resident must be at least 55 years of age and the other resident of the unit at least 50 years of age. The best 55+ housing opportunity in Montgomery County, Maryland. Living at Leisure World is a great lifestyle choice – its also a smart financial decision.  The 650-acre campus located in Silver Spring, Maryland offers a variety of housing options and offers many attractive community amenities. You will find there is something for everyone in this vibrant community l...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
New Price! 3200 Leisure World Blvd 514 Condo Sale in Leisure World MD 55+ Active Adult Community – Lovely condo with 2 bedrooms and 2 bathrooms 1,035 sq. ft. Located in the desirable Vantage East Building. Living room features 9’ ceilings and a slider to a glass-enclosed sunroom with a lovely view. Separate dining area has space to entertain friends and family. The table-space kitchen has lots of cabinets, a large pass-through window and ceramic flooring. Master bedroom includes a walk-in closet with shelving plus an additional closet. Master bathroom with a large vanity and step-in shower. Washer/dryer is located in a laundry closet. New carpet in 2nd bedroom. Second bathroom with tub/shower. The Leisure World community includes 2 Clubhouses, 18-hole golf course, tennis courts, swimmin...
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By Andrea Bedard, Fluent in Real Estate & German, M.A. ABR ASP CIPS
(Thompson Company, REALTORS® 240.593.2860)
While walking my favorite trails, going on a couple of runs and just being out and about this past week, I noticed them. A bit of green pushing through here, a very yellow Forsythia there, the white of the first snow drops, and For Sale signs blooming ... unmistakable signs that Spring is on her way. I'm with Punxsutawney Phil who did not see his shadow this morning, we are in for an early Spring! That has already proven true for the Real Estate market. Traditionally it isn't until the warmer weather arrives that we see the market and competition heat up (due to sunshine, school year timing, tax refunds etc.)... not so this year. The inventory is low (not even 1 month for Silver Spring, MD!), and so are interest rates - it's a winning combination for savvy home sellers.    This chart sh...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Should I Sell My House This Year in Leisure World of Maryland? If one of the questions you’re asking yourself today is,  “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload in the media circling around talk of a possible recession, the upcoming 2020 election, and more, Americans feel good about selling a house now. That’s some news to get excited about! As the graph below shows, as of Q4 2019, 75% of people surveyed indicate they believe now is a good time to sell a home: In the case of those with a yearly salary of $100,000 or more, the results jump...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Make the Dream of Leisure World of MD Homeownership a Reality in 2020 In 1963, Martin Luther King, Jr. led and inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goals, beliefs, and aspirations. For many Americans, one of those common goals is owning a home: a piece of land, a roof over our heads, and a place where our families can grow and flourish. If you’re dreaming of buying a home this year, the best way to start the process is to connect with a Real Estate professional to understand what goes into buying a home. Once you have that covered, then you can answer the questions below t...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Discover Creekside Mid-rise Buildings in 55+ Leisure World of Maryland Leisure World of Maryland Featuring CreeksideMid-Rise Buildings A & B Located at 2901 Leisure World Boulevard So. Silver Spring, MD 20906 The Creekside condominiums were introduced to the Leisure World community in 2006. These two mid-rise style buildings are located on 2901 Leisure World Boulevard South. Creekside’s building entrance is both covered and secured, representing the first of many hospitable amenities in the condo common areas.   Inside, the updated lobby welcomes residents and guests. Elevators lead to five stories of condos, which vary between two- and three-bedroom models and range from 1,100 to 1,775 square feet in size. Condos offer 9’ ceilings, an open living room, a table-space kitchen (featuring ...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
3200 N Leisure World Blvd #514 Condo for Sale in Leisure World MD55+ Active Adult Community – Lovely condo with 2 bedrooms and 2 bathrooms 1,035 sq. ft. Located in the desirable Vantage East Building. Living room features 9’ ceilings and a slider to a glass-enclosed sunroom with a lovely view. Separate dining area has space to entertain friends and family. The table-space kitchen has lots of cabinets, a large pass-through window and ceramic flooring. Master bedroom includes a walk-in closet with shelving plus an additional closet. Master bathroom with a large vanity and step-in shower. Washer/dryer is located in a laundry closet. New carpet in 2nd bedroom. Second bathroom with tub/shower. The Leisure World community includes 2 Clubhouses, 18-hole golf course, tennis courts, swimming poo...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
The Time A Seller “Hedged” His Bet on Me Photo by Jerry Wang I strive to provide better and better customer service to my real estate clients and 2019 was no exception. My positive reviews attest to the fact that my high standard of excellence has worked well year after year to improve my business results. Among other things, I provide multi-media marketing, professional photographs, home staging, and broker’s open houses featuring gift card drawings. I continue to keep up with the latest technology by online marketing through social media platforms. Last year I also revamped my total website using a new service that connects directly with the Multiple Listing Service (MLS) for the most accurate information and adjusts to accommodate smart phone searches. However, there are times when y...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Homes Are More Affordable Today, Not Less Affordable in Leisure World MD There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, however, just the price of a home that matters. Homes, in most cases, are purchased with a mortgage. The current mortgage rate is a major component of the affordability equation. Mortgage rates have fallen by over a full percentage point since December 2018. Another major piece of the affordability equation is a buyer’s income. The median family income has risen by approximately 3% over the last year. The National Association of Realtors (NAR) releases a monthly Housing Affordability Ind...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office)
Leisure World Maryland Fun ActivitiesThe best 55+ housing opportunity in Montgomery County, Maryland!  Living at Leisure World is a great lifestyle choice – its also a smart financial decision. This community is for anyone aged 55 or older. The 650-acre campus located in Montgomery County, Maryland offers a variety of housing options and offers many attractive community amenities. The Leisure World community can be entered through one of three secure entry gates, staffed with Leisure World security personnel. Leisure World is convenient to shopping, entertainment and offers its own shuttle bus transportation service.Sports, Games and ScoreboardsBid Whist: Mondays at 6 p.m. in the Clubhouse II Multi-purpose Room. Bridge: Duplicate Bridge games are Tuesday and Friday at 7 p.m. in Clubhous...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Tivoli Homes For Sale | Silver Spring, MD - December 2019This is a snapshot of recent sales in the Tivoli neighborhood of Silver Spring, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Tivoli Home ValuesIn the past 6 months, 12 properties have sold in Tivoli ranging from a 3-bed, 2-bath, and 2-half bath Townhome for $390,000 to a 5-bed, 2-bath, and 1-half bath Detached for $555,000.ATTENTION Tivoli Home Owners - Sell Your Home The Easy Way!Get the inside secrets from the best Tivoli real estate agent Peggy Yee on the exact strategies she uses to sell homes for top dollar. Get all your questions answered today. Find out how you can Sell Your Home for Top Dollar, in 7 Da...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Wheaton Forest Homes For Sale | Silver Spring, MD - December 2019This is a snapshot of recent sales in the Wheaton Forest neighborhood of Silver Spring, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Wheaton Forest Home ValuesIn the past 6 months, 3 properties have sold in Wheaton Forest ranging from a 3-bed, 1-bath, and 1-half bath Detached for $410,000 to a 5-bed, 3-bath Detached for $450,000.ATTENTION Wheaton Forest Home Owners - Sell Your Home The Easy Way!Get the inside secrets from the best Wheaton Forest real estate agent Peggy Yee on the exact strategies she uses to sell homes for top dollar. Get all your questions answered today. Find out how you can Sell You...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Wheaton Hills Homes For Sale | Silver Spring, MD - December 2019This is a snapshot of recent sales in the Wheaton Hills neighborhood of Silver Spring, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Wheaton Hills Home ValuesIn the past 6 months, 13 properties have sold in Wheaton Hills ranging from a 2-bed, 1-bath Detached for $315,000 to a 5-bed, 2-bath, and 1-half bath Detached for $535,285.ATTENTION Wheaton Hills Home Owners - Sell Your Home The Easy Way!Get the inside secrets from the best Wheaton Hills real estate agent Peggy Yee on the exact strategies she uses to sell homes for top dollar. Get all your questions answered today. Find out how you can Sell Your Hom...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Wheaton Out Res. (2) Homes For Sale | Silver Spring, MD - December 2019This is a snapshot of recent sales in the Wheaton Out Res. (2) neighborhood of Silver Spring, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Wheaton Out Res. (2) Home ValuesIn the past 6 months, 5 properties have sold in Wheaton Out Res. (2) ranging from a 5-bed, 3-bath Detached for $400,000 to a 3-bed, 2-bath, and 2-half bath Townhome for $518,000.ATTENTION Wheaton Out Res. (2) Home Owners - Sell Your Home The Easy Way!Get the inside secrets from the best Wheaton Out Res. (2) real estate agent Peggy Yee on the exact strategies she uses to sell homes for top dollar. Get all your questions answered ...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Woodlawn Terrace Homes For Sale | Silver Spring, MD - December 2019This is a snapshot of recent sales in the Woodlawn Terrace neighborhood of Silver Spring, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Woodlawn Terrace Home ValuesIn the past 6 months, only 1 property has sold in Woodlawn Terrace. It was a 5-bed, 2-bath, and 1-half bath Detached for $450,000.ATTENTION Woodlawn Terrace Home Owners - Sell Your Home The Easy Way!Get the inside secrets from the best Woodlawn Terrace real estate agent Peggy Yee on the exact strategies she uses to sell homes for top dollar. Get all your questions answered today. Find out how you can Sell Your Home for Top Dollar, in 7 Days...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Woodside Park Homes For Sale | Silver Spring, MD - December 2019This is a snapshot of recent sales in the Woodside Park neighborhood of Silver Spring, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Woodside Park Home ValuesIn the past 6 months, 16 properties have sold in Woodside Park ranging from a 3-bed, 2-bath, and 1-half bath Detached for $455,000 to a 6-bed, 4-bath, and 1-half bath Detached for $1,500,000.ATTENTION Woodside Park Home Owners - Sell Your Home The Easy Way!Get the inside secrets from the best Woodside Park real estate agent Peggy Yee on the exact strategies she uses to sell homes for top dollar. Get all your questions answered today. Find out how yo...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Woodside Homes For Sale | Silver Spring, MD - December 2019This is a snapshot of recent sales in the Woodside neighborhood of Silver Spring, MD. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Woodside Home ValuesIn the past 6 months, 13 properties have sold in Woodside ranging from a 0-bed, 1-bath Condo for $119,700 to a 3-bed, 3-bath, and 1-half bath Detached for $866,776.ATTENTION Woodside Home Owners - Sell Your Home The Easy Way!Get the inside secrets from the best Woodside real estate agent Peggy Yee on the exact strategies she uses to sell homes for top dollar. Get all your questions answered today. Find out how you can Sell Your Home for Top Dollar, in 7 Days or Le...
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