JANUARY 2018

                  

Happy New Year! Well we have certainly gotten off to a chilly start to 2018! Luckily the housing market is not quite so cold.  It will be interesting to see where the real estate market takes us in 2018. We have just finished the busiest December market I have seen in my 28 years of selling real estate! Buyers were definitely still out looking and purchasing. I do not see any reason for this level of activity to change so I am anticipating a strong start to the year. If you are planning to sell this year, now is the time to start thinking about getting your home ready. I am happy to meet with you to discuss the best way to prepare your home. Please let me know if I can help.
I am happy to meet with you now to discuss the current market value of your home, improvements you may want to consider making to your home and current market conditions.
Please see the two articles in the right hand column. The first article touches on the effect of the recent tax reform on housing and the second article talks about the continued effect of low inventory in the housing market.

Please visit my website at www.kathywhalen.com . It is easy to search the Multiple Listing Service for homes with upgraded map searches. there is more information on Schools, more Community information, easy access to information on upcoming open houses in Montgomery County and DC as well as links to pictures and disclosures for my listings. I also have a mobile website: m.kathywhalen.com which allows you to search for homes based on where you are located using the GPS feature. Please scan the QR code at the bottom of this article to take a test drive.

Also, be sure to see my listngs below, read the real estate articles in the column to the right and visit my website where you can click to see current interest rates and a link to all homes currently listed for sale.
As always, if you have any real estate questions or needs I am available to help. 

Thanks,
Kathy Whalen   .


My Listings.......

 

Woodridge 3507 
NEW LISTING!
$475,000
10205 Julep Court
Silver Spring, MD 20902
Click on picture above to see additional photos
Spacious Home with Open Concept Floorplan! New Roof 2017, New Windows & Doors with Warranty, Hardwood Floors just Refinished, New Flooring, Large Lot (over 12,000 Square Feet) with Pond, Organic Garden, Patio and Hoop House!

Wonderful Location Near Metro & Downtown Silver Spring!
Estimated property tax and non-tax charges in first fiscal year of ownership is 
$4,478.61

Woodridge 3507 
UNDER CONTRACT !
$549,900
1715 Cody Drive
Silver Spring, MD 20902
Please Click on Picture Above to see Additional Pictures
Beautifully Renovated! Gorgeous Kitchen with 42" White Cabinets, New Appliances, Corian Counters & Porcelain Tile Floors. New HVAC 7/17! New Roof 9/16! New Carpet & Paint! Electric Heavy Up 11/17! All Flooring Is New! Hardwoods Redone, New Carpet, New Tile! Hall Bath Completely New! Main Level Bath Updated! Stunning Slate Walkways & Patio! Contemporary Vibe! 
Estimated property tax and non-tax charges in first fiscal year of ownership is $4,405.13
Woodridge 3507 

SOLD!

$675,000

2017 Lanier Drive

Silver Spring, MD 20910

Additional Pictures will be available soon_

Coming on the Market November 30! Desirable Woodside Neighborhood! Charming and Updated Cape Ideally Located on Quiet Cul de Sac! Generous Room Sizes with Family Room Addition, Updated Kitchen, 3 Bedrooms on the Upper Level, 2 Full Baths, Gorgeous Screened Porch Overlooking Beautifully Landscaped Yard, Garage & More! 

Estimated property tax and non-tax charges in first fiscal year of ownership is $6,528.19.
Woodridge 3507

UNDER CONTRACT !
$369,900
1504 Jasper Street
Silver Spring, MD 20902
Please Click on Picture Above to see Additional pictures
Beautifully Updated and Maintained Home in Wonderful Location Near Metro! So Many Updates:
New Roof in 2015! New Replacement Windows in 2013! New Hot Water Heater & Air Conditioning Unit in 2012, New Front Porch, New Deck & Patio with Pergola in 2014,
New Driveway and Carport Added in 2013
Basement Finished 2012!
Estimated property tax and non-tax charges in first fiscal year of ownership is $3,543.35

Woodridge 3507 
SOLD !
$549,900
1611 Sherwood Road
Silver Spring, MD 20902
Please Click on Picture Above to see Additional Pictures
Ch arming Updated Rambler on One of the Prettiest Streets in this Metro Convenient Neighborhood! Updated Kitchen with Gorgeous 42" Cabinets, Silestone Counters, Pantry & Space for a Table! Gracious Living Room with Fireplace, Family Room with 2nd fireplace, Sep Dining Room, Entrance Foyer, Master Bedroom with Completely Renovated Bath, Remodeled Hall Bath, New Furnace, Charming Front Porch & Long Driveway! 
Hurry!
Estimated property tax and non-tax charges in first fiscal year of ownership is $4,775.59
Woodridge 3507 
SOLD !
$449,900
8810 Leonard Drive
Silver Spring, MD 20910
Please click on photo above to see the Virtual Tour
Least Expensive Home in BCC School District! Hurry! Open Floorplan with Curved Archways between Living & Dining Rooms, Kitchen Addition, Living Room with Picture Window & Skylights! New Flooring & Counters in Kitchen, New Carpet in Huge Lower Level with High Ceilings! Stainless Refrigerator & Gas Range, New HVAC w/in 5 Years, Attached Garage! 
E stimated property tax and non-tax charges in first fiscal year of ownership is $6,188.46
Woodridge 3507 

SOLD!!

$465,000

1513 Woodman Avenue

Silver Spring, MD 20902

Please Click on Picture Above to see Additional pictures

Gorgeous Gourmet Kitchen! Updated Baths! New Heating & Air Conditioning! Super Location on Quiet Street Near Metro. Hurry! Estimated property tax and non-tax charges in first fiscal year of ownership is $4,386.38

Woodridge 3507 
SOLD!
$375,000
10600 Malone Street
Silver Spring, MD 20902
Please click on picture above to see additional pictures
On the Market August 30! Unbelievable Price for Charming Rambler with 3 Bedrooms, 2 Full Baths, New Windows, Finished Lower Level, Incredible Lot with Deck and Freshly Painted Interior!
Estimated property tax and non-tax charges in first fiscal year of ownership is $3,733.83
Woodridge 3507 
SOLD !
$440,000
10427 Huntley Avenue
Silver Spring, MD 20902
Click on picture above to see additional photos
Updated Cape with Amazing Kitchen  with Island,  4 Bedrooms, 2 Full Baths, Family Room, Deck, Awesome Yard & More in Convenient Location near Metro!
Estimated property tax and non-tax charges in first fiscal year of ownership is $4,426.75
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Kathy Whalen,  Realtor
Long & Foster Real Estate, Inc.

 

Direct:  301-649-5743
Office: 240-497-1700

 

Montgomery County Schools Calendar

 

Source: Montgomery County Schools Website, montgomeryschoolsmd.org

 

 

Click on image above to see the 2017 - 2018 Calendar

 

 

Tax Reform: Here's What Could Impact Homeowners Most

Source - RISMEDIA, Thursday, January 4, 2018 

By Liz Dominguez
A new year has started, and with it a newly enacted tax policy: the Tax Cuts and Jobs Act . While most changes will not be noticeable until consumers file their taxes in 2019, the new tax law stands to alter how consumers view homeownership incentives and could impact real estate markets across the country. Additionally, many consumers, but not all, may see a change to their paychecks by next month due to the new tax rate deductions. These are the biggest real estate-related tax policies and how they could affect homeowners. 


Click on Picture Above to Read More


         

Low inventory will be huge challenge to home sales in 2018

Source - 
     
Economists say tight supply remains a thorn for brokers, developers and homeowners as new year approaches
On Tuesday, the real estate industry breathed an unexpected, if temporary, sigh of relief with news that single-family housing starts spiked to 930,000 units in November, up 5.3 percent over October for a 10-year high unattained since the subprime mortgage crisis of 2007.

Click on Picture Above to Read Entire Article


         

Maryland's Foreclosure Mediation Program

(Click on Above Image to Read Information About Maryland's Mediation Foreclosure Program)
 
Downtown Silver Spring
Click on Picture for Information on Downtown Silver Spring

  
  

 

 

 

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Thank you for taking the time to read my Monthly Real Estate Newsletter! I hope you found it both interesting & informative. I would love to help you with your real estate needs! Please call or email me & I would be happy to set up a time to meet with you to discuss buying or selling your home.
Sincerely,

Kathy Whalen 
 
Kathy Whalen 
Long & Foster Real Estate
7700 Old Georgetown Road
Bethesda, MD 20814