Nalls Home Partners E-Newsletter 1 message
becky vogel <[email protected]>
Nalls Home Partners and Long and Foster Real Estate, Inc <[email protected]> Thu, Jan 20, 2011 at 8:39 AM
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Nalls Home Partners E-Newsletter
January 2011
Happy New Year!
Dear Nalls Home Partners Clients, Friends and Family: I had my car in for it's "free" scheduled maintenance yesterday, which comes at the cost of my sanity every 10,000 miles, and the bureaucratic idiocy of the whole process made me think about customer service and the way - I hope - we run our business differently. Because despite an impressive array of posters, computers, diagnostics and paper pushing, uniform clad "team members", there wasn't one person in that service department that thought actually solving my problem (my navigation system is messed up) was more important than just going through the motions and filling in the right boxes. All I could think of is how happy I will be when the warranty expires and I can start taking my car to our local mechanic. It shouldn't be like that, but all too often, when a company gets big and successful, automation takes over and old fashioned customer service gets lost in the process. I'm not saying we can compare Nalls Home Partners to an international automotive company, but it reminded me that as we move this year to more fully integrate new technologies into our business practice, we must not lose touch with the personal side of the transaction and the needs of our clients. 2011 will see a shift across the industry to electronic signatures,
In This Issue
Featured Client of the Month
Net Worth, Home Owners vs. Renters
Regional Sales Trends
8520 Howell Road Bethesda
8520 Howell Road Bethesda
Montgomery Ave Rockville
3001 Veazy Terrace
2206 Washington Ave #102A
Featured Article
Click On Image to Visit
Our Blog
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which will be a great time saver, but will never replace the time a good Realtor spends at a client's kitchen table filling out a contract. So while we will welcome the ability to get a quick missing initial, where possible I imagine we will continue to meet with clients personally to execute contracts and listings. Our team has also invested in new in new office technology that will allow us to more efficiently track our clients transactions. Among other things we will be able to bundle reports and feedback for our listings to get an even better idea how the market is responding and share this with the sellers. But I just can't see that this could replace picking up the phone and calling agents to get feedback. Or calling our clients to talk about a new house that just came on the market. Fortunately, there is no reason that the two need to be mutually exclusive, and at Nalls Home Partners, they never will be. THE MARKET That's what you really wanted to know about wasn't it? Very simply, rising interest rates are bringing buyers out in droves. Homeowners and their Realtors are - or should be - working fast to get new listings ready for the market and into the multiple listing to meet the demand. Buyers are snatching up inventory in order to lock in good rates, knowing that in the long run a percentage point of interest is far more important to their bottom line than whether or not the market goes up or down a little bit. This is not a test! The "spring" market is going to be fast, furious and early - snow on the ground type early. Call us soon if you are thinking about a move this spring. Here's to a prosperous, healthy, happy 2011 for us all! Warmly, Tom, Barbara, Susan, Renee, Ron, Harrison, Lola and Jessica Nalls Home Partners
Join Our Mailing List
Today's Rates
30 year fixed rate 4.77%
15 year fixed rate 4.13%
5 year ARM 3.75%
Click On Image to Visit Our Website
Mortgage Calculator
New IRS Guildlines for Landlords
IRS Forms for
Landlords
Fun Event
Bethesda and Chevy Chase
Restaurant Week
Bethesda Restaurant Week Dates: January 24-30, 2011.
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Featured Client of the Month
Carol Rognrud and Lauren Ruffin are our clients of the month! We want to wish Carol and Lauren a big congratulations and welcome to their newest addition, General Beauregard - a one year old Schnoodle rescue in urgent need of a new home. After much persuasion from Lauren (and her friend/agent Renee) General Beauregard has been promoted from house guest to family member. Carol is holding Renee personally responsible for any dog training and, this week for dog sitting, while they are out of town. Carol is the Director of Transformational giving at AAUW and Lauren is a consultant working in Business Development and Relationship Capital Consulting. Their 6th Street Flat in Chinatown is still home for now, though they may consider selling when the time is right. Check out their gorgeous kitchen renovation and their brand new pooch.
Pending Home Sales Continue Recovery,
Gradual Improvement Seen in 2011
Bethesda Chevy Chase
Restaurant Week offers prix fixe lunch for $12-15 and three-
course dinner menus for $25 or $30 at dozens
of Bethesda area restaurants. Restrictions may apply. Cuisines
include American, French, Greek, Indian, Italian, and more.
Fun Event Washington, DC Restaurant Week
Dates: January 17-23,
2011 Loosen your belts and make
your reservations - January 17-23, 2011 you will have a chance
to enjoy all the offerings of D.C.'s finest establishments.
Enjoy a three-course fixed price lunch for $20.11 or a three-course dinner for $35.11 all
week at participating restaurants.
School Assignment Locator
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Information Provided by National Association of Realtors® Washington, DC, December 30, 2010 Pending home sales rose again in November, with the broad trend over the past five months indicating a gradual recovery into 2011, according to the National Association of REALTORS®. Lawrence Yun, NAR chief economist, said historically high housing affordability is boosting sales activity. "In addition to exceptional affordability conditions, steady improvements in the economy are helping bring buyers into the market," he said. "But further gains are needed to reach normal levels of sales activity." "If we add 2 million jobs as expected in 2011, and mortgage rates rise only moderately, we should see existing-home sales rise to a higher, sustainable volume," Yun said. "Credit remains tight, but if lenders return to more normal, safe underwriting standards for creditworthy buyers, there would be a bigger boost to the housing market and spillover benefits for the broader economy." The 30-year fixed-rate mortgage is forecast to rise gradually to 5.3 percent around the end of 2011; at the same time, unemployment should drop to 9.2 percent. For perspective, Yun said that the U.S. has added 27 million people over the past 10 years. "However, the number of jobs is roughly the same as it was in 2000 when existing-home sales totaled 5.2 million, which appears to be a sustainable figure given the current level of employment," he explained. "All the indicator trends are pointing to a gradual housing recovery," Yun said. "Home price prospects will vary depending largely upon local job market conditions. The national median home price, however, is expected to remain stable even with a continuing flow of distressed properties coming onto the market, as long as there is a steady demand of financially healthy home buyers." Existing-home sales are projected to rise about 8 percent to 5.2 million in 2011 from 4.8 million in 2010, with an additional gain of 4 percent in 2012. The median existing-home price could rise 0.6 percent to $173,700 in 2011 from $172,700 in 2010, which was essentially unchanged from 2009. "As we gradually work off the excess housing inventory, supply levels will eventually come more in-line with historic averages, and could allow home prices to rise modestly in the range of 2 to 3 percent in 2012," Yun said.
301.565.4600 www.gilday.com
Bank of America Deb Levy - Mortgage Loan Officer 1801 K Street NW, Suite 440 Washington, DC 202-416-2898 202-416-2898
Deb Levy Mortgage Home Loan Officer
Prosperity Mortgage Karen Van Zandt Home Mortgage Consultant 4733 Bethesda Avenue #100 Bethesda, MD 20814 Office: 240-497-1772 240-497-1772 Fax: 301-654-4259 Mobile: 301-613-5780 301-613-5780
Counselor Title, LLC John G. Nalls 4400 Jenifer Street, NW Suite 200 240-498-8290 240-498-8290 240-498-8290 [email protected]
Smart Box of Maryland www.SmartboxMD.com [email protected] 410-353-5268 410-353-5268
F&M Carpet and Floors Alex Mirhadi [email protected] 7909 Central Ave.
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Regional Sales Trends
Sales Trends for the Month of December
Single Family Homes Contracts Ratified Per Month
(information from GCAAR)
Montgomery County
DC Statistics
Capitol Heights, MD 20743 301-336-3000
Castell Home Inspections
Castell Home Consultants Home Inspector Chip Castell 301-593-7964
Castell Home Inspections
Carlos
Handyman Services Carlos Antezana 202-744-5050
Preston Landscaping Inc.
Casey Spears 240-388-7303
[email protected] Preston Landscaping
Benware Termite Allen 301-260-1840
HVAC REPAIRS & Service Foley Mechanical Inc. Dan Foley
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Our Listings
613 Montgomery Ave Rockville, MD
$575,000 NEW LISTING ...Fully renovated charmer is now being sold on it's
own. Nicely done updates feature rare original wood trim, large rooms, beautifully refinished hardwood floors, renovated baths, new
kitchen, large bright lower level and attached garage. A great, versatile home on a very large fenced lot, parking and additional
access on improved alley behind home.
Click Here to View the Virtual Tour Estimated tax and non-tax charges in the first fiscal year of ownership $7,554.54
8520 Howell Road Bethesda, MD
$1,095,000 Outstanding top to bottom renovation of mid century classic on over an acre of land in the heart of Bethesda. Six real bedrooms, updated baths,spectacular open island kitchen/breakfast/family room, lots of gorgeous natural light, open feel and flow, perfect for entertaining. Over-sized 2 car garage, beautiful finishes, the list goes on and on.
Click Here for a Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $9,162.56
Montgomery Ave Rockville, MD
$1,750,000 Unique investor opportunity for five very large, contiguous lots in
West End. Property ONLY SOLD AS A PACKAGE.
703-751-3288
Penan & Scott, P.C. C.P.A's and Financial
Advisors James Scott, Jr. 6001 Montrose Road Suite 805 Rockville, MD 20852 301-881-3220
James Scott, Jr., CPA
Case Design /
Remodeling Inc. Lisa Cortright
301-229-4600 4701 Sangmore Road -
North Plaza Suite 40
Bethesda, MD 20816 http://www.casedesign.com/
Lcortright
James Scott, Jr., CPA
Contact Us
Long & Foster Real Estate, Inc.
Nalls Home Partners, LLC.
Top 1% of Realtors Nationwide
4733 Bethesda Ave, Bethesda, MD 20814
Tom's Cell: 301-237-5170
Barbara's Cell: 240-602-9035 Susan's Cell: 301-943-3851
Harrison's Cell: 301-448-6569 Renee's Cell: 301-651-0521
Lola's Cell: 301-651-9011 Ron's Cell: 202-345-1880
Office: 240-497-1700
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3001 Veazy Terrace NW #334
Washington, DC $449,000
Rarely available HUGE (0ver 1500sqft) 2 bedroom & 2 bath coop.This home boasts a lovely hall entry, an over-sized living area, a large formal dining room, a big table-spaced kitchen, two generous bedrooms including a master bath, picture windows in every room,
beautiful & private patio, refinished floors, fresh paint, parking, & lots of storage. This ideal location offers Metro, shops,
restaurants & more.
Click Here for a Virtual Tour
2206 Washington Ave #102A Silver Spring, MD 20910
$258,000 Rarely available two bedroom and 1 full bath condo with private
patio! This condo boasts a newly renovated bath, updated kitchen with ceramic flooring, wood floors throughout and a washer and
dryer in the unit. Walk to shops, metro, and rock creek park. Easy access to metro, 495 and downtown. Pet friendly building with pool
access. Hurry this is a great opportunity!
Click Here for a Virtual Tour
Estimated tax and non-tax charges in first fiscal year of ownership is $2,088.99
Under Contract!
Go to www.freerice.com and help end world hunger by answering vocabulary questions.
www.freerice.com
All information in this e-newsletter is deemed reliable but not guaranteed.
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7620 Lynn Dr. Chevy Chase, MD 20815
$799,000 Story book perfect colonial on tree lined street in Town of Chevy Chase with three bedrooms and two full baths up. Beautiful living room & dining room flooded with natural light, renovated Kithen, nicely finished lower level, screened porch & large deck, fenced backyard, fresh paint, gleaming hardwoods and a GARAGE!
Click Here for a Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $7,082.09
Under Contract!
731 Lake Varuna Drive Gaithersburg, MD
$799,000 Very special larger Lakelands home in gorgeous location with lake
views, all the bells and whistles that the neighborhood is famous for. Wonderful open floor plan, good condition and shows well. Subject to third party approval but we'll make it as easy as possible. Great
opportunity!
Click Here for a Virtual Tour
Estimated tax and non-tax charges for the first fiscal year of ownership $9,335.12
Under Contract!
7310 Joplin Street Capitol Heights, MD
$184,000 COMPLETELY RENOVATED, practically brand new. Three
bedroom, two full bath townhome, great value & quality construction!
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Features gleaming hardwood floors throughout the main level, recessed lighting, beautiful granite counters brand new appliances, professionally landscaped & graded backyard, spacious basement
withfull bath & much, much more. Must See!
Click Here for a Virtual Tour
Under Contract!
8307 Whitman Drive Bethesda, MD 20817
$849,000 Life opportunity for the sellers means buyer's will enjoy all the TLC
they put in to stay forever! Pretty things like a granite kitchen, updated baths & new floors, practical things like insulation. Four /five
real bedrooms (#5 is a very nice library now), Family room & foyer adds + huge daylight recreation room = lots of versatile space.
Beautiful lot.
Click Here for a Virtual Tour
Estimated tax and non-tax charges in first fiscal year of ownership is $7,896.27
Sold!
7801 Whiterim Drive Potomac, MD
$684,900 Extensively updated end unit townhouse in sought after Woodrock. Three finished levels features four full baths, one half bath & three
bedrooms. Updated eat in kitchen with granite & stainless steel appliances. Expansive Master Suite features twin full baths, sitting room, & balcony. New roof, windows, doors,appliances, & HVAC make this home virtually maintenance free. Convenient to C&O
Canal & Potomac River, 495, 270 & DC. Whitman cluster.
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THIS IS A TEST EMAIL ONLY. This email was sent by the author for the sole purpose of testing a draft message. If you believe you have received the message in error, please contact the author by replying to this message. Constant Contact takes reports of abuse very seriously. If you wish to report abuse, please forward this message to [email protected].
Click Here for a Virtual Tour
Estimated tax and non-tax charges in the first fiscal year of ownership $6,890.33.
Coupon! 10% Off
for Nalls Home Partners Clients!
We Deliver - You Pack - We Pick Up - We Store and Move!
410-353-5268
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