Silver Spring, MD Real Estate News

By Andrea Bedard, Fluent in German and Real Estate * M.A. ABR ASP
(Thompson Company, REALTORS® 240.593.2860)
Come on in. Look around and see yourself living here! 2005 Featherwood Street off Rt. 29 in Silver Spring, MD is one of my two brand-new listings that just hit the market. It's turn-key. It's spacious. And it is ready for you! There are so many features to fall in love with: from the generous room sizes to the master with en-suite bathroom, from the vaulted ceilings to recessed lighting, from a newer HVAC system to brand-new carpet, from the remodeled kitchen to the hardwood floors.Click on the image above to take a 3D tour. Come on in. Look around, and see yourself living here! You may also schedule an in-person hometour, but best not procrastinate - we've had back-to-back showings these first couple of days.  2005 Featherwood St is part of the Rolling Acres community in 20904 Silver S...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
For Sale in Leisure World of Maryland week of August 24, 2020 Is Leisure World of Maryland the Place for you? Schedule a tour of this beautiful community.Is it time for you to think about making a move and downsizing from your present home? Leisure World of Maryland is a great choice to consider. Located in the heart of Montgomery County, Maryland, Leisure World offers 610 acres of beautiful grounds with miles and miles of beautiful walkways for you to enjoy. You can enjoy the freedom from home maintenance and you will no longer need to shovel snow or cut grass. This leaves lots of time to spend enjoying the many social events and campus amenities. If you love to travel, all you need to do is lock your door and go. Leisure World provides 24-hour security with 3 security gates and securi...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
For Sale in Leisure World of Maryland week of August 17, 2020 Click Here for all Homes for Sale in Leisure World this week   Leisure World of Maryland is a Private, Gated, Age-Restricted CommunityThe best 55+ housing opportunity in Montgomery County, Maryland! Living at Leisure World is a great lifestyle choice - it's 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 lots of amenities. The community can be entered through 3 secure entry gates, staffed with Leisure World security personnel. Leisure World is convenient to shopping, entertainment and offers its own shuttle bus transportation. Click Here to Search for Homes for sale in Leisure World of Mar...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
Want to know more about Leisure World Maryland homes?Facts about Leisure World homesThere are a total of 5,659 homes in Leisure World of Maryland called Mutuals. 898 are Cooperatives and 4,676 are Condominium ownership. The Regency is a neighborhood of 85 single family homes and a few towhomes located near the main entrance. This neighborhood participate in a Homeowner Associaton.The Leisure World community was developed over a priod of 50 years and includes a broad range of housing styles including: townhomes, rambler style patio homes, garden style and hi-rise buildings. Some buildings located within this 610-acre community are situated around the 18-hole golf course that provides fantastic views.  Search Here for Homes for sale in Leisure World of Maryland Amenities in Leisure World ...
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By Andrea Bedard, Fluent in German and Real Estate * M.A. ABR ASP
(Thompson Company, REALTORS® 240.593.2860)
Just SOLD in Silver Spring, MD: 16605 New Hampshire Ave - one sizzling hot property! This custom rancher on a half acre lot was just renovated from top to bottom this year - from roof to flooring, from appliances to doors, from outlet covers to door hinges. The craftmanship and quality details throughout showed, and WOW'd the buyers. This home boasts 4 full bathrooms - all were gutted and upgraded beautifully - hardwood floors, an open lay-out with kitchen-dining-living room combo, a dedicated office space, a huge rec room with 2nd kitchen/bar for epic entertaining, a detached garage and 2-car side-loading garage, a front porch, a low maintenance deck, and exquisite details such as a mood-lighting in the master bathroom. The house was expertedly staged by Flavell Home Staging. The furni...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
For Sale in Leisure World of Maryland week of July 20, 2020 Click Here for all Homes for Sale in Leisure World this week   Leisure World of Maryland is a Private, Gated, Age-Restricted CommunityThe best 55+ housing opportunity in Montgomery County, Maryland! Living at Leisure World is a great lifestyle choice - it's 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 lots of amenities. The community can be entered through 3 secure entry gates, staffed with Leisure World security personnel. Leisure World is convenient to shopping, entertainment and offers its own shuttle bus transportation. Click Here to Search for Homes for sale in Leisure World of Maryl...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
Villa Cortese community in Leisure World of Maryland Just from its name, the Villa Cortese community in Leisure World of Maryland bespeaks the classical elegances of Italian architecture, design, culture, and fare. In 1994-1996, Italian artisans and Leisure World developers enshrined these elements in a convenient, modern living atmosphere. A four-story garden-style development situated on Pennfield Circle, Villa Cortese allures residents not just with its exterior, but also with its heightened inner senses of community and security. The Villa Cortese buildings make their grand first impressions with flower beds in full bloom against creamy-dreamy pastel façades. Walking paths leading to piazzas provide residents with a European-esque experience amid the well-kept Leisure World landscap...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
Leisure World of Maryland Golf Course and Club Leisure World of Maryland is a popular 55+ gated community in Silver Spring, Maryland 20906. You will find Leisure World of Maryland offers abroad selection of home choices offering a variety of desirable amenities. This community features two clubhouses, an 18-hole golf course, and an abundance of social activities to appeal to all interests.The Leisure World Golf Club consists of 3 separate Leagues: Men’s, Ladies 18 Hole, and Ladies 9 Hole. Also, ladies and men can play tournaments with the Maryland Interclub Seniors Golf Association (MISGA). The Leagues and MISGA have reserved tee times on Tuesday, Wednesday, and Thursday mornings.The Leisure World 18 hole Golf Course is open to all residents and their “friends and families”. Club member...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
Garden Plots for Residents of Leisure World MarylandThere are about 260 garden plots in the Leisure World of Maryland garden center located within the community and near the MedStar Medical Center. The plots are about 150 ft sq each. These plots are for the use of Leisure World residents. Individuals rent each plot on an annual basis, and must follow the rules of the garden plot organization. Garden Plot Group Managers are all volunteers and provide gardeners with all necessary large manual tools, water hoses, wood chips, clean sand, compost AND bees. There is an expectation and responsibility of each plot holder to maintain or improve the condition of the ground within the plot. They should plant flowers and/or vegetables (or both) over at least 75% of the tillable land; control weeds ...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
Things to Do in Leisure World of Maryland Clubs and ActivitiesThere are more than 80 organized clubs active in Leisure World of Maryland. This offers residents a broad range of choices depending on their interests. They can enjoy the activities along with an opportunity to meet like-minded neighbors.The Leisure World Education & Recreation team works with residents to register and officially recognize organizations. The formality grants the groups access to accommodations for meetings, activities and events. CULTURES, LIFESTYLES & BELIEFS• Baby Boomer Club• Leisure World Association of African American Culture (LWAAAC)• Chinese Club• Going It Alone Group• Hadassah• Hispanos De Leisure World• Italian Social/Cultural Club• Jewish Friendship Group• Jewish Residents of LW• Jewish War Vetera...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
Best Time to Sell in Leisure World Maryland? When Competition Is Low. In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.” That concern seems reasonable considering the current condition of the economy. The data, however, is showing that home purchasers are still very active despite the disruptions American families have experienced this year. The latest Existing Home Sales Report published by the National Association of Realtors (NAR) revealed that 340,000 single-family homes sold in this country last month. NAR’s most recent Pending Sales Report (homes going into contract) surpassed last month’s number by ove...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
For Sale in Leisure World of Maryland week of July 6, 2020 Click Here for all Homes for Sale in Leisure World this week  14801 Pennfield Cir. #4033 bedrooms / 2.5 bathroom / 1,633 sfList price $397,500  3312 Chiswick Ct. #3B2 bedrooms / 1 bathroom / 1,035 sfList price $115,000  Leisure World of Maryland is a Private, Gated, Age-Restricted CommunityThe best 55+ housing opportunity in Montgomery County, Maryland! Living at Leisure World is a great lifestyle choice - it's 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 lots of amenities. The community can be entered through 3 secure entry gates, staffed with Leisure World security personnel. Leisure Wor...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
Leisure World Maryland 14801 Pennfield Cir. 403 Condo for Sale Silver Spring, MD 209063 bedrooms / 2.5 baths / indoor garage space1,633 sq. ft. interior 3 Bedrooms, 2.5 Bathrooms Indoor garage space conveys1,633 sq. ft. interior / List Price $389,500Spacious 1,633 sq ft. condo in Villa Cortese with 3 bedrooms, 2.5 baths located on the top floor of a four-story Garden style building. New neutral paint and carpet throughout. Enjoy this light and bright top floor condo with lovely view from all windows. All white table-space kitchen with new granite counters and large window. Living room and separate dining room with window. Large glass-enclosed sunroom can be accessed from living room or 3rd bedroom/den. Private master bedroom suite with 2 walk-in closets and master bath with a double van...
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By Andrea Bedard, Fluent in German and Real Estate * M.A. ABR ASP
(Thompson Company, REALTORS® 240.593.2860)
14349 Stilton Cir in North Sherwood Forest joined the ranks of SOLD in 2020 properties in Silver Spring last week. The big draw about this home was its location within the subdivision. Situated on a premium lot it came with the prettiest view and a much more private backyard. The expansive kitchen-family room combo flooded with natural light and view of the backyard also received quite the attention. Rightly so! Complete with a huge center island, wet bar, wood-burning fireplace, and direct access to the 2-tiered deck, it's the perfect space for hosting large get-togethers.  The sellers take with them many happy memories of gatherings on its deck, Christmas mornings by the fireplace, family BBQs and collaborative dinners. This home was filled with love, laughter, and good vibes only! Sa...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
Real Estate Tops Best Investment Poll for 7th Year  Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained: “Real estate remains the most favored investment to Americans, as has been the case since 2013, when the housing market was on the rebound. More than a third of Americans have named real estate as the top investment since 2016.” This year’s results indicated 35% of Americans chose real estate, followed by stocks at 21%. The full results covering the last decade are shown in the chart below: Bottom Line The beli...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
For Sale in Leisure World of Maryland week of June 22, 2020 Click Here for all Homes for Sale in Leisure World this week  Leisure World of Maryland is a Private, Gated, Age-Restricted CommunityThe best 55+ housing opportunity in Montgomery County, Maryland! Living at Leisure World is a great lifestyle choice - it's 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 lots of amenities. The community can be entered through 3 secure entry gates, staffed with Leisure World security personnel. Leisure World is convenient to shopping, entertainment and offers its own shuttle bus transportation. Click Here to Search for Homes for sale in Leisure World of Maryla...
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By Andrea Bedard, Fluent in German and Real Estate * M.A. ABR ASP
(Thompson Company, REALTORS® 240.593.2860)
16605 New Hampshire Ave is Coming Soon to a MLS near you! This custom home is the definition of turn-key. Almost everything in this modern rancher is brand-new: from the kitchen to the 4 full baths, from flooring throughout to the roof with architectural shingles, from energy efficient appliances to the stylish fixtures... down to the outlet covers and even the door hinges! Here's a just a little sneak peek of the kitchen that was completely gutted and upgraded with white cabinetry, black stainless steel appliances, granite, mosaic tile backsplash, black fixtures, a built-in pantry, and center island breakfast bar. 16605 New Hampshire Ave is almost ready for you to fall in love with! It's pending a new drive-way, a few more details, and professional photography.. but it's coming real so...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
Is the Economic Recovery Already Underway? The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported:“The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected following the effects of the coronavirus pandemic.”Clearly, the latest jobs report from the U.S. Bureau of Labor Statistics confirmed the labor market is outperforming expectations, as it revealed that 2.5 million jobs were added. Directly before the release, experts forecasted that we would lose over 8 million jobs.A second revelation indicating the economy is already about to turn around was also somewhat unexpected. More than 9 out of 10 eco...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
How Pricing Your Leisure World of MD Home Right Makes a Big Difference We're getting ready to experience a buyer demand for homes in today’s low inventory market as the COVID restrictions are loosening. Here’s why making sure you price it right is key to driving the best price for the sale. If you’ve ever watched the show “The Price Is Right,” you know the only way to win the game is to be the one to correctly guess the price of the item up for bid without going over. That means your guess must be just slightly under the retail price. When it comes to pricing your home, setting it at or slightly below market value will increase the visibility of your listing and drive more buyers your way. This strategy actually increases the number of buyers who will see your home in their search proce...
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By Barbara Michaluk, Leisure World Specialist / Full Service REALTOR
(Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434)
14801 Pennfield Cir. #403 1,633 sf Condo for SaleSilver Spring, MD 209063 bedrooms / 2.5 baths / indoor garage space Rarely available 1,633 sf Condo3 Bedrooms, 2.5 Bathrooms Indoor garage parking space conveysList Price $397,500Rarely available spacious 1,633 sq ft.condo in Villa Cortese with 3 bedrooms, 2.5 baths located on the top floor of a four-story Garden style building. New neutral paint and carpet throughout. Enjoy this light and bright top floor condo with lovely view from all windows. All white table-space kitchen with new granite counters and large window. Living room and separate dining room with window. Large glass-enclosed sunroom can be accessed from living room or 3rd bedroom/den. Private master bedroom suite with 2 walk-in closets and master bath with a double vanity, s...
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