Interest Rate Projection

Low Interest Rates Drive Affordability

March 24, 2012 – When considering a possible sale or purchase of Bethesda real estate, or anywhere for that matter … one of the most critical factors of course is the amount of interest that will be charged on the loan.  You may have noticed in some recent headlines that mortgage rates may be embarking…

5005_Cedar_Croft_Dr Web

5005 Cedar Croft Dr, Bethesda, MD 20814

  SOLD!  $1,299,000…  Spectacular Townhome in Bethesda! The ultimate in comfort, convenience and luxury!  Huge, gorgeous Bethesda Crest elevator townhome offers convenience & luxury! This home has 4 bedrooms (could use lower level den as 5th bedroom), 4 full baths plus one half bath, a gourmet granite kitchen w/ Subzero & Viking oven, attached family…

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9118 Redwood Ave, Bethesda

  SOLD!  Spectacular ‘Oasis’ with Beautiful Transitional Home! This property located at 9118 Redwood Avenue in Bethesda is a spectacular oasis set on a private 1.14 acre property featuring a beautiful transitional home that underwent a complete renovation in 2005, a large pool, separate pool house and a fabulous standalone screen porch. Striking & unique,…

Oracle Place Kitchen

7840 Oracle Place, Potomac

Listed at $687,500

This beautiful brick end-unit townhome in Stone Crest boasts hardwood floors, 9’ & vaulted ceilings, chair and crown moldings and palladian windows. The extensive $100,000 renovation includes a gourmet granite kitchen with stainless steel appliances and new backsplash, refinished hardwood floors, beautiful light fixtures, new wall to wall carpet plus fresh paint throughout. A total high-end renovation of the master bath suite includes silestone counters, beautiful cabinetry, ceramic tile, Kohler fixtures and a Toto toilet. New mechanicals include a gas heating system, new high efficiency ultra quiet AC, new 85 gallon hot water heater, new roofing and gutters, triple insulated garage doors, plus new washer and dryer.

Housing Payment to Income Ratio

Bethesda Housing Affordability Trends

Bethesda, MD – Is Residential Housing Ready to Awaken? This article presents many layers and perspectives on the impending rebound of housing with many variables weighing on the recovery nationally and locally … from the employment outlook to next year’s election outcome, possible cuts in Federal and defense budgets, stable vs rising interest rates and…

Market Stats

Bethesda Market Update

Real estate will always be inherently LOCAL.  It’s a fact that there can be a seller’s market in one community and a buyer’s market in a different nearby community!  One of the challenges of trying to analyze any market is to have access to the most RELEVANT and the most CURRENT data available.  When you…

ROI Real Estate Web

Time to Buy Real Estate?

Locally, we are coming off the most active August in 4 years (read article) where home sales finished with the highest number of signed contracts in four years.   Buyers are getting less reticent about getting back into the market.   A fascinating set of statistics was just released showing that an investment in real…

30 Year Fixed Rate Mortgages Yearly Avg History WEB

Mortgage Rate History

I have lived in Bethesda my entire life and cannot recall a crazier mix of extreme heat to a hurricane and earthquake then this past summer!  But I DO recall when I took out my first mortgage in the early ‘80’s and had a 16% interest rate!  While the Fed has assured us that the rate they offer…