Explore Potomac, MD
By Betsy Schuman Dodek, SearchPotomacHomes.com
(Washington Fine Properties - Washington DC Area Real Estate)
Comments 5
MARKET REPORT: LUXURY HOMES IN POTOMAC, BETHESDA AND CHEVY CHASE, MD January and February 2010 are behind us - so what can we learn? Well, after doing some initial research of the luxury home market over $1,000,000 in Potomac, Bethesda and Chevy Chase, MD, here's what I have come up with: New Product is coming to the market and outpacing sales. Buyers were potentially deterred by the snow and are waiting for the Spring Market! Potomac Market  (20854) -Detached SFH over $1,000,000 - 141 (listed between $1,075,000-$12,500,000) -New listings since  1/1/10 - 31 -Under contract since 1/1/10 - 7   Take away - About 22%+ more inventory in January, February 2010 and only 5% went under contract Bethesda Market (20814, 20816, 20817) -Detached SFH over $1,000,000 - 84 (homes listed between $1,039,...
By Betsy Schuman Dodek, SearchPotomacHomes.com
(Washington Fine Properties - Washington DC Area Real Estate)
Comments 2
Potomac Village - Toys Unique, A Unique Toy Store in Potomac, Maryland There is an amazing toy store in The Village in Potomac, Maryland that you just have to check out. The name, Toys Unique, says it all. It's a unique, warm one of a kind place that kids and parents can go to find wonderful toys, books, gizmos and gadgets!!! It's the kind of place where I can find fun, relevant gifts for my 19 month old and at the same time really cool original things for my nieces and nephew at 8, 10 and 11 years old! I stopped by Toys Unique this week and spent a few minutes with the owner, Jarunee Chantraparnik and her husband Tat. Jarunee and Tat are so lovely and warm and it is obvious why the store has been so successful. Jarunee has put her heart and soul into Toys Unique. I asked her a few ques...
By Roy Kelley
(Realty Group Referrals)
Comments 0
Potomac MD 20854 Real Estate - Montgomery County     Home owners and prospective purchasers want to know the trends of the local real estate market. The following statistics are for the past month and are compared with the same month last year. There were 55 new listings and 32 went to pending new contracts. The sold dollar volume was up 135.28% from last year.  The number of homes sold was 20 from 8 last year. The average days on the market was 123 days from 109 days last year. The average sale price was 92.06% of the average list price. The median sold price was $775,000.   Take action now if you need to purchase by the end of April to qualify for the tax credit. This is for first time home buyers or current owners that have owned for 5 years.   Do you qualify for a tax credit?  The H...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 7
POTOMAC MARYLAND SINGLE FAMILY HOMES FOR SALE PRICED UNDER $1,000,000.  YES, you can live in and own a lovely home in Potomac, MD in Montgomery County for less than $1,000,000.  Communities in Potomac with homes for sale priced below $1,000,000 include:  Concord, Glen Park, Highland Stone, Horizon Hill, Inverness Forest, Lake Normandy Estates, Orchard Ridge, Potomac Commons, Potomac Outside, Potomac Woods, Regancy Estates and Williamsburg Gardens. Zip Code 20854 IS Potomac Maryland.  Click the price in the chart below to see photos of these lovely homes in Potomac. City    Zip5   ListPrice    BR    FB    HB  # Gar  Lot Acres   YrBlt Potomac 20854 $615,000   5 3 1 1 0.19 1971 Potomac 20854 $699,900   2 1 0   0.547 1959 Potomac 20854 $747,000   4 2 1 2 0.244 1971 Potomac 20854 $795,000   ...
By Vivian Gilbert, ASP, RESA
(Home Staging by Vivian LLC)
Comments 10
I was putting together a project to paint, clean house and carpet, do some repairs,some electrical work and change out some carpet. This was all to be done before I could go in and stage. OK, I could handle it, I scheduled it all. The painter, electrician, carpet replacement, and cleaning, housecleaning and finally  the rental furniture. It was all timed out perfectly. I was so excited. The house was going to show like a dream.  Then it happened. We got three feet of snow. Yes 3 feet. That may not be much for the Northern states but for us here in Washington D.C. it became a nightmare. My nightmare. OK, I could handle it, just a few days and I would reschedule everything...no problem.  Well it was not to be. Only 3 days later we get slammed with a blizzard with whiteout conditions. Bac...
By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
Comments 0
**This AMAZING example is NOT for Sale but it's virtual twin is ... one of my ALL TIME FAVORITES!!*** Number of Homes for Sale: 7 Highest Priced Listing: 11804 Centurian Way , Listed for $4,500,000  Lowest Priced Listing: 12505 Noble Court , Listed for $1,468,000 Number of Closed Sales in 2009: 4   ,   Final Sales Price = 95% of List price Highest Priced Sale in 2009: 11809 Centurian Way , Sold for $3,550,000 Lowest Priced Sale in 2009: 11713 Centurian Way , Sold for $1,500,000 ... Bank Owned Sale I represent my buyers as their exclusive Agent ... if you are interested in one of the many opportunities in this unprecedented buyer's market ... I would be glad to help. rick.boothe@longandfoster.com           301-793-6796  *This information is deemed reliable but not guaranteed.  
By Courtney Donato-Griffiths
(Keller-Williams Metro Realty Serving the Greater D.C. Area)
Comments 6
Defects are common with any home, no matter how new, no matter how pricey. The key is in being able to recognize serious defects that may cost you money down the road. You want defects to catch you by surprise. While home sellers are required to disclose defects, the truth is that sellers who are in a crunch to sell their home may not be so forthcoming. Realtors®  are obligated to disclose these defects as well, but not all realtors are as skilled at identifying potential pitfalls. A professional home inspection should be performed on any home before you finalize the purchase. Any potential homebuyer should have a list of potential signs to look for that the home has some hidden problems. Here are a few that may be helpful to look for while inspecting your next home purchase. OdorsIf a ...
By Yvette Chisholm, Associate Broker - Rockville, MD 301-758-9500
(Long & Foster Real Estate, Inc.)
Comments 0
Money! We all live and work in communities that the "name" can define the value.  In our area, consumers, agents, retailers, work hard to create the image.  Sometimes they push names on a community that doesn't really exist. When writing an offer on a house, consumers should be careful to verify the legal address of the property in order to differentiate it form the marketing name.  For example, in my area many people live in Potomac, Maryland with a 20854 zip code - but technically live in the City of Rockville and have city taxes and city services.  Rockville has some of the best services in the County and if you want to live in "Potomac 20854" with city servcies - yes, you can have it all.      
By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
Comments 0
    LOCATION **LOCATION**LOCATION    10810 DEEP GLEN DR, POTOMAC, MD 20854 5 Bedroom , 3 1/2 Bath , Contemporary on 2 ACRES Now Owned by Bank of America & Just Listed for $1,300,000  Year Assessed  Phase-in Value        2010 $1,538,530 Listing Courtesy of Elaine Koch  Long and Foster Real Estate, INC. (301) 840-7320 I represent my buyers as their exclusive Agent ... if you are interested in one of the many opportunities in this unprecedented buyer's market ... I would be glad to help. rick.boothe@longandfoster.com           301-793-6796  *This information is deemed reliable but not guaranteed.    
By Roy Kelley
(Realty Group Referrals)
Comments 12
Potomac  MD Trustee Sales - Harvey West Auctioneers Harvey West Auctioneers has scheduled Maryland trustee sales. Trustee sales auctions are open to the public and all qualified bidders. These sales are foreclosures by the secured mortgage lenders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  The required deposits must be in the form of cash or certified funds. Most of the bidders use cashier's checks that are payable to themselves and endorse the checks when they are successful. Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always hav...
By Roy Kelley
(Realty Group Referrals)
Comments 1
Potomac MD Trustee Sales - Harvey West Auctioneers Harvey West Auctioneers has scheduled Maryland trustee sales. Trustee sales auctions are open to the public and all qualified bidders. These sales are foreclosures by the secured mortgage lenders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  The required deposits must be in the form of cash or certified funds. Most of the bidders use cashier's checks that are payable to themselves and endorse the checks when they are successful. Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have...
By Dr. Stacey-Ann Baugh, A doctor who makes house calls.
(Century 21 New Millennium)
Comments 0
This post was inspired by my friend Patricia Kennedy who posted a blog about the Top 5 Sales in Washington, DC for 2009.  I was so intrigued by these homes that I decided to look up to see what were the most expensive homes to sell in Montgomery County in 2009.  Thanks Pat, for giving me some more reasons to spend hours poking around on the MLS! Most Expensive Homes Sold in Montgomery County in 2009 1.  9109 Harrington Drive, Potomac, MD - $7,810,000 10 bedrooms, 11.5 bathrooms 4 car garage tennis court & pool Listed by:  Washington Fine Properties, LLC 2.  9441 Newbridge Drive, Potomac, MD - $6,350,000 9 bedrooms, 9 full bathrooms, and 3 half bathrooms Built in 2008 Elevator Listed by:  Long & Foster Real Estate, Inc 3.  9808 Bentcross Drive, Potomac, MD - $5,300,000 10 bedrooms, 8 ful...
By Courtney Donato-Griffiths
(Keller-Williams Metro Realty Serving the Greater D.C. Area)
Comments 2
Are Distressed Homes Worth It? That would depend on more than one "it" factor.  Before you fall in love with that low, low price, a savvy buyer of a "distressed home" should follow the same guidelines as a conventional buyer.  Location, location, location is still a tried and true mantra when investing in a home.  You can change the house but you can't change the location always rings true.   One interesting tip, whether you are buying any home, distressed or not: Visit your potential home at various times of the day.  Just as light changes the tones of paint inside a home, you may find that the neighborhood experiences different "tones" at different times of the day.  Train, airport, or commuter noise can be a post/purchase surprise if you had been shown the home during off hours.  Is ...
By Courtney Donato-Griffiths
(Keller-Williams Metro Realty Serving the Greater D.C. Area)
Comments 4
I was hoping that the title would be enough to get people to check out my blog, but here is my honest question...How many current home buyers are only motivated by the tax credit?  There is no doubt that the tax credit is an excellent incentive (and has helped several of my clients take the plunge) plus - who doesn't want free money from the government?   However, is the real motivation to buy based on housing affordability? We all know that interest rates are near all time lows (although currently on the rise), so does this outweigh the few thousand dollar government contribution? As I am in a higher end market area covering Potomac, Bethesda and Rockille primarily, I tend to believe that our market pick-up is due more to the lower rates than the tax credit. I also feel that lower pric...
By Deb Harshman, REALTOR & ASPMaster Stager, The Selling Advantage
(Long and Foster - Christie's International Real Estate & Owner of Staged Home Decor)
Comments 6
Something big in Home Staging MD and DC Metro Area is just what I mean! I promise to take it UP a NOTCH! I spent the day in NYC RainCamp, and I have gained a new feeling about what is going to happen. I am so excited!!!!!!!!!!!!!!! I was given so much information to enable me to offer Staging tips to Realtors in Potomac and all of Montgomery County, MD as well as, all of DC Metro area. My blogging will gain new momentum.  I am still coming down from the high. I wrote my first blog about 2 weeks ago and it stated this could be the start of something big.  I had no idea how my blog will progress.  I learned I didn't know a thing! I am so green; and not with envy...oh well, yes green with envy too.  I only wish I could be half as good as the panel of bloggers chosen from the attendees righ...
By Roy Kelley
(Realty Group Referrals)
Comments 0
Potomac MD 20854 Real Estate - Montgomery County   If you are planning to purchase or sell a home in the area, you will want to know the trends of the market. The following report is for the past month and the statistics are compared with the same month last year. There were 192 active listings of homes for sale in the zip code during the month. There were 27 new listings and 25 went to pending new contracts. The sold dollar volume was up 73.99% from last year.  The number of homes sold was 39 from 22 last year. The average days on the market was 72 days from 91 days last year.  The average sale price was 92.58% of the average list price. The median sold price was $740,000. Foreclosures and short sales listings still influence the local market.      Please let us know if you need to pur...
By Roy Kelley
(Realty Group Referrals)
Comments 2
Potomac Homes for Sale, Pre-foreclosures, REO - Montgomery County MD Please let us know if you need to purchase by the end of April to qualify for the tax credit. This is for first time home buyers and current owners that have owned for 5 years. Home owners and prospective home buyers are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale. The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers. The first report shows the 146 active listings excluding the lender owned (REO) homes and the short sale listings.   Clic...
By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
Comments 0
5 Bedroom  ,  4 1/2 Bath Colonial located in Bell Mills Estates , Over 5500 Total SFT Listed for $1,100,000 Assesment 2010          $1,165,930 listing courtesy of RE/Max United Real Estate I represent my buyers as their exclusive Agent ... if you are interested in one of the many opportunities in this unprecedented buyer's market ... I would be glad to help. rick.boothe@longandfoster.com 301-793-6796 *This information is deemed reliable but not guaranteed.
By Roy Kelley
(Realty Group Referrals)
Comments 0
Potomac Homes for Sale, Pre-foreclosures, REO - Montgomery County MD Home owners and prospective home buyers are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale. The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers. The first report shows the 159 active listings excluding the lender owned (REO) homes and the short sale listings.   Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-97763268-626  The second report shows the 5 short sale listin...

Potomac, MD Real Estate Professionals