Tag Archives: Realtor

YTD Market Stats Round Up

Below are data statistics for single-family home sales year to date in 20910, 20901, 20912, and 20895.

Interested in what’s happening in another zip code or are you looking for information on the market in your specific neighborhood? Contact us for local market insights.

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73 Homes Sold in 20910

Highest Priced Sale – $1,213,990
Average Home Sold Price – $637,453
Average Days on Market – 22

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136 Homes Sold in 20901

Highest Priced Sale – $805,334
Average Home Sold Price – $471,015
Average Days on Market – 29

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46 Homes Sold in 20912

Highest Priced Sale – $1,050,000
Average Home Sold Price – $536,202
Average Days on Market – 28

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110 Homes Sold in 20895

Highest Priced Sale – $1,575,000
Average Home Sold Price – $623,168
Average Days on Market – 32

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Getting Your Home On the Market Quickly

There are lots of times we talk about free consults and long-term planning for future sellers. But what if you want to get your house on the market ASAP?

Well, Go Brent Team can do that too!

A client recently hired us and wanted to get their house on the market as quickly as possible. We sprung into action! Within a week, we helped them prep the house, ensured all their paperwork was complete, and arranged for professional photographs. The following week we designed and printed color brochures, listed the house in the MLS, and held a weekend open house. By the end of week 3, the home was under contract.

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Are you thinking of making a move? Whether you want to be on the market in 3 weeks or 3 years, Go Brent Team is happy to help you plan for what’s next! Contact us to schedule your free consultation.

Rising Interest Rates

Many buyers are contemplating what a rise in interest rates would mean. Here are two scenarios that illustrate savings at a lower rate:

Buying a $400,000 home with 5% down at an interest rate of 4.125% vs. 4.5%:

You save approximately:
$80/per month
$960/per year
$30,000 over the life or the loan

Buying a $650,000 home with 5% down at an interest rate of 4.125% vs. 4.5%:

You save approximately:
$135/per month
$1,620/per year
$50,000 over the life or the loan

One of the most important factors when buying a home (or refinancing your current home) is choosing a lender.

As Cari Jordan stated, “I am concerned about the transaction going as smoothly as possible; the chances of that happening increase when a buyer uses a local lender with a good track record, who has processors, underwriters, and appraisers who are also based locally and familiar with our area.”

Over the years, these local lenders have served Go Brent Team’s clients well. Feel free to contact them directly or reach out to us and we’ll be happy to introduce you.

Chad Loube
George Mason Mortgage, LLC

Ramez Fahmy
Caliber Home Loans

Bruce Meyers
First Home Mortgage

Craig Strent
Apex Home Loans

Buying a Home in a Seller’s Market

1504 Ballard Street, Silver Spring – Just 6 days on the market and under contract!

Our region is currently experiencing a “seller’s market,” meaning the demand for housing currently exceeds the supply and as a result, the market can be quite competitive for buyers – there may be multiple offers or homes may go under contract quickly.

Go Brent Team offers clients a working partnership to assess your needs and assist you to determine the best strategy for buying in the current market. Tammy Thomas, Cari Jordan, and Debbie Gerald are all full-time agents who have an unrivaled command of the local market.

WHAT WE DO

First, we provide you with a free consultation to get a clear picture of your ideal home. We work to ensure you are aware of the best properties available in your desired area, price range, and location; we can also suggest other neighborhoods that you may have overlooked but might want to consider. We provide you with sound advice by assessing what’s happening in today’s market and taking into account market forecasts, as well as your preferred timeframe and needs.

We recommend experienced lenders who can pre-approve you and determine the best financing plan for your situation. Your choice of lender will play a role when sellers and listing agents consider your offer; we’ll offer you guidance so you can make the best decision.

We also provide you with on-going updates of available properties in your target neighborhoods. We schedule showing appointments and assist you to compare homes. We are area experts and well connected in our communities. We can plug you in to local resources for hot topics like schools, transportation, parks, entertainment, dining and more. We offer you flexibility to tour homes when you are available. We are also in constant communication with agents in your target neighborhoods and often learn of new listings before they hit the market!

When you are ready to make an offer, we strategize to prepare your strongest offer. Writing and negotiating an offer is complex; our experience, knowledge and transaction volume means we can offer you expert advice. Go Brent Team agents are well-known, well respected, and have collegial relationships with area Realtors, so we offer you negotiating strength.

We would be happy to assist you whether you are ready to buy now or contemplating a future move.


SCHEDULE YOUR FREE BUYER CONSULT:

New Real Estate Pricing Stats

We’ve updated our real estate pricing stats through year-end 2016. The stats cover the past ten years of home sales. We have stats available for zip codes in Silver Spring, Takoma Park, and Kensington. Some zip codes show that home prices are near, or exceed, where we were at the top of the market.

We’re happy to share this data with you! Fill out the form below to request your copy.

Sell Your Home with Go Brent Team

Looking to sell your home in the new year? Let Go Brent Team help.

First, we’ll meet for a free consultation to determine your needs and discuss your personal transition strategy. Your GBT agent will provide you with sound advice based on your needs and preferred timeframe.

Once you’ve decided to list your home for sale, your GBT agent will offer a complete marketing strategy, taking into account today’s market and forecasts. We’ll conduct a room-by-room assessment to determine how best to showcase your property. We offer hands-on assistance with pre-sale prep, recommend trusted vendors, and if you like, help coordinate and execute your to-do list.

Go Brent Team also offers free staging services include complimentary furniture, décor, and labor.

Free consultations, meticulous pre-sale preparation, and complimentary staging – just a few of the reasons sellers choose to work with Go Brent Team, the #1 Real Estate Team in Silver Spring, Takoma Park & Kensington.*

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*according to MRIS statistics for the combined areas in 2016

Our End of The Year Recap

Go Brent Team agents closed 116 transactions for buyers and sellers in 2016.

What does this mean for you? We’re experts in the marketplace. As a top-ranked team in the DC Metro area, we are highly experienced contract negotiators and we ensure our clients get to settlement smoothly. It also means we have the support and organization in place to provide our clients with superior service.

This year, we assisted 71 clients to sell their properties! Our sellers know we invest substantial time and effort to skillfully market their homes and neighborhoods through the internet, social media, paid advertising, and print materials.

We also helped 45 clients find a new place to call home in 2016. Our buyers know they can count on us to guide them as they search for the right home in their desired price range and neighborhoods.

Below is a sample of our 2016 home sales


If you have thoughts of buying or selling (or both!), let us help you prepare for what’s ahead.

We are looking forward to 2017 — Happy New Year!

Liz Brent
Tammy Thomas
Cari Jordan
Debbie Gerald
Patrick Thomas
Linda Magolda
Susanna Drayne
Beth Stanton
Marty Milam

301.565.2523
Info@GoBrentTeam.com

Free Consult Service

Go Brent Team agents offer free consults. We offer expert advice on a wide range of real estate topics. We can help whether you have specific real estate questions you need addressed right now or you simply are gathering information to make future decisions.

Many buyers want assistance deciding if the time is right to purchase a home. Sometimes buyers want to get a clear picture of what the home purchasing process entails or are simply gathering information on specific neighborhoods. Homeowners typically want to weigh options in terms of selling or renting. Many homeowners want assistance as they plan improvement projects; our services range from helping to pick paint colors or finishes to providing input on renovation or improvement projects. Whatever you need, Go Brent Team is happy to help!

How we can help

We offer a no pressure, low-key, informative, and discrete approach. Consults with Go Brent Team agents usually last an hour, and there is absolutely no charge. Since the majority of our business is done through word-of-mouth referrals, we simply ask that you pass along our contact information to anyone who is considering buying or selling.

We welcome all inquires – common consult topics include:

Selling and Preparation for Selling
Buying and Preparation for Buying
Selling vs. Renting
Buying vs. Renting
Moving vs. Renovating
Renovating vs. Over-Improving
Home Improvement Ideas
“Best Bang for the Buck” Renovations
What’s My Home Worth?

Contact us for a free, no obligation consultation


Testimonial from Our Free Consult Service

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We obtained Liz Brent’s name from our list serve almost 3 years ago, and asked her to come out for a general evaluation to get an idea of what she might list our house for, as well as where we might get the most “bang for the buck” in terms of home improvement projects.[/wolf_testimonial_slide]

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A Slice of Life with Cari Jordan

As a realtor and resident of the Silver Spring area, I love to read about our local history and view historical photographs of the community. For this reason, I have really enjoyed reading Sean Emerson’s blog, “Around The Corners.” Sean’s blog is dedicated to current and historical events, including information related to the urban planning history and future of Four Corners. He has scoured websites and libraries and unearthed some amazing images and historical facts.

A Woodmoor native who attended St. Bernadette parochial school and Dematha High School, Sean is now a rising senior at Washington College studying political science. He aspires to pursue a Master’s degree in urban planning.

I am dating myself by telling you that I watched Sean and his friends from St. Bernadette build a “fort” in the patch of woods that lie between our Woodmoor homes around 2008. He and his buddies spent months securing the various, recycled, materials for their fort. The fort is no longer there but can be seen if you look for it on the internet. “The fort got so big, it can actually be seen in a 2008 satellite image on Google Earth, so I’m proud of that,” Sean told me.

His most recent blog entry gives great historical information about the Woodmoor neighborhood and, specifically, 100 Williamsburg Drive – a home I have driven past, now for 15 years. Having always wanted to know the history of that home, I was fascinated by Sean’s article. Enjoy reading his article after you read, a bit, about Sean, himself.

Here’s a Slice Of Life with Sean Emerson:

#1 – How did you land in this area?

My parents moved here in 1990, my mom grew up in New Carrollton and my dad grew up in Bethesda. They wanted a place that was close to both of those areas that had a strong community feel. A house came up for sale in Woodmoor and my grandmother encouraged my parents to check it out, and they ended up buying it. I was born in 1994 and have lived here since then.

#2 – What inspires you, locally?

Sounds cliche, but probably the community feel and spirit. There are many people here and in the broader Silver Spring area who are very active in civic matters. While this can cause conflict when it comes to controversial issues, it is nice to know that so many people care and get involved. In a way, I felt obliged to get involved in community matters simply because so many other people were.

#3 – What is the restaurant that makes you feel most “at home”?

Definitely the Corner Pub, or as it’s now called, “the 4 Corners Pub”. I’ve been going there since I was a kid.

#4 – What are you listening to “these days”?

It varies, I listen to a decent amount of popular songs on the radio today, but I also also listen to some older music from the 50’s and 60’s (such as Sam Cooke) and some underground hip-hop and go-go music. It’s an unusual mix.

#5 – What is your favorite type/genre of book to read?

I’ve read many books related to urban planning and the history of community development, both recent books and older books. I read those because they’re both interesting and educational, some notable authors being James Howard Kunstler, Andrew Duany, and Jane Jacobs. I’m also a fan of crime novels, George Pelecanos is my favorite author in that genre because his books are great and mostly take place in DC area in locations I know well, so that makes them fun for me to read.

#6 – Aside from food, water, and shelter, what is the one thing you would not be able to live without?

Some form of internet access. I wouldn’t mind not having it temporarily, but loosing it long term would not be fun. I use the internet for much of my research and obviously blogging, and there such a wealth of information to be found online (in a short amount of time) if you look in the right places. Many of the blog posts I’ve written were made possible because of information I found online.

#7 – What is your secret to having a successful business?

The first would be writing stuff that people actually want to read and find interesting, and the second would probably be networking and coordinating with other bloggers and community members to generate quality content. With blogging, you can write really good posts and have great content, but if you don’t do anything to publicize it, it will largely go unappreciated. Other local bloggers like Dan Reed of “Just Up The Pike” and Pete Tan of “Silver spring Inc” have really helped me reach a broader audience by sharing most of my posts on their blog’s Facebook pages. I’ve found that those in the blogging community around Silver Spring are very gracious in helping as well as promoting newer blogs, which is really great.

#8 – What is the best-kept local area secret that you want people to know about?

Not exactly secrets, but I would say Northwest Branch and the especially the Beltway bridge over the gorge. When compared to Sligo Creek Park, Northwest Branch is not as well known because it doesn’t have a paved trail running through it (at least not north of Oakview) and it can be difficult to access. However, I think it is one of the best assets of the community because it is a large, mostly unaltered, area of nature within walking distance of so many places. Northwest Branch Creek has no road or paved trail running alongside it, so it really feels like you’re in the wilderness when you’re down there, even though its a short distance from “civilization”. Also, the Beltway bridge over the creek is a very impressive structure from below, but it barely looks like anything from the road above. I’ve written a post about it before, but I encourage anyone who can to hike down there and check it out. It’s about 120′ above the creek and the trail goes right under it, and it’s a good turn-around point for those hiking from Burnt Mills.

#9. What’s your idea of the perfect day?

I’d probably go for a morning bike ride around Four Corners and get some doughnuts at the bakery afterwards. Then I’d go play some tennis at Pine Crest and have some lunch, then maybe go for a hike in the woods. In the evening, I’d go to the Corner Pub for pizza, and then watch a Nats game.

#10. What is your favorite flavor of pie?

Pumpkin pie!

The Neighborhoods of Silver Spring, MD

Silver Spring has Sprung!  Silver Spring, MD is the perfect balance of urban and suburban lifestyles.  This suburb, considered to be the first of Washington, DC,  has undergone a significant renaissance adding new residential, retail, office, and entertainment venues.  Silver Spring provides an abundance of diverse restaurant choices, arts and cultural activities, Rock Creek and Sligo Creek parks as well as being home to major employers such as the FDA, Discovery Communications, and NOAA.  Downtown Silver Spring is also home to the Fillmore concert venue and the American Film Institute’s Silver Theater. Visit downtown Silver Spring to shop at the open air farmer’s market or practice your “triple toe loop” at the ice skating rink, or enjoy a free concert or attend the Silver Spring Jazz Festival in the summer.

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