Archive for the 'Takoma Park Real Estate' Category
The Silver Spring Real Estate Market’s Crystal Ball
June 17th, 2009 Categories: Home Sellers, Homebuyer, Silver Spring Neighborhoods, Silver Spring Real Estate, Takoma Park Real Estate
The Real Estate Market in Silver Spring and Takoma Park continues to pick up momentum. The question is, have we hit bottom and are we heading out of this or is this just a short upswing before the bottom really falls out?
I wish I had a Crystal Ball but . . . . . “Those that live by the Crystal Ball eat glass”!
My suggestion right now would be that if you are wanting to buy, jump in now. You can’t go wrong. If you are selling or need to sell, sell now and price your home to move fast. If this is a short upswing then you don’t want to miss your chance to sell now during an upswing. How long of a window might we have? This is another question that is begging for a Crystal Ball. I would guess that we might see a better market for at least the next 60 days. The problem longer term could be interest rate increases or the increase in inventory of foreclosed homes. Either of these could have a negative impact. My suggestion is NOT to watch national trends, but focus mostly on what you see taking place in our community. This will certainly give you the best perspective on our market.
To get your own “Real Time” Market Trend Statistics for any zip code or property type in Silver Spring and or Takoma Park Check out: www.SilverSpringStats.com
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Enough Already with Real Estate - We’re Launching Pigs!
January 26th, 2009 Categories: Silver Spring Real Estate, Takoma Park Real Estate
Tired of hearing about the housing market Doom and Gloom? While the economic news 
is universally negative, there is some good news in the Silver Spring Real Estate Market:
We closed on 5 Silver Spring Properties in December through the middle of January. In the last 2 weeks showings on listings have tripled since the previous month. We’ve recently been involved in 4 multiple contract situations (multiple buyers making offers on the same house), who would have thought in this “terrible” market? We have 5 ready, willing and able buyers that we’re helping to find Silver Spring Homes for.
Interest rates are the lowest they have been since 1955! I think the market will still struggle on in 2009 and we may still be a ways from the bottom but in reality, it’s not as bad as it is being made out to be.
If you listen to the news, watch TV, surf the net or read the paper, you would think houses are selling only when pigs fly!
From now on the Silver Spring Team will be launching pigs.
Click Here to search for your own new Silver Spring piglet, pig or hog
Click Here to find the approximate value of your Silver Spring piglet, pig or hog
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Silver Spring’s Pretty Older Sister
November 13th, 2008 Categories: Silver Spring Real Estate, Takoma Park Real Estate
Takoma Park, or “Granola Park” as some locals call it now, was the first planned suburban community of Washington, DC. Founded in 1883, by Benjamin Franklin Gilbert, Takoma Park was developed along a branch of the B & O railroad. It was originally 
conceived as a “summer resort” area, as a healthful clean-water alternative to Washington, DC’s malarial swamps. With a population of 18,000 it rests along the upper northeast boundary of D.C. and strattles Montgomery and Prince Georges Counties in Maryland.
B.F. Gilbert named his community TAKOMA, an Indian word meaning “High Up - Near Heaven”. Takoma Park has it’s own city government, police department, library and is served by Montgomery County Schools.
Religion and politics has shaped the Takoma Park community. From the early 1900’s to 1990, Takoma Park was the world headquarters of the Seventh-Day Adventist Church. Two of the church’s institutions remain today, The Washington Adventist Hospital, and Columbia Union College. The coming of metro service to Takoma Park has made it a perfect ”bedroom community” for young professionals. It is a 15 minute commute to the middle of Downtown D.C. by Metro from the Takoma Station on 
the Red Line.
Takoma Park is a friendly “laid back”, independent, small town with liberal politics. The residents are politically active and have put in place a number of progressive measures such as the declaration of a nuclear-free zone and legal recognition of non-marital partnerships.
In the historic district you will find grand old Victorians, Bungalows, American Four Squares and other old timey styles, along tree-lined streets.
The Old Town offers an eclectic, funky mix of small, locally owned specialty shops and small restaurants, cafes and a very popular FOOD COOP. From the end of April to mid December there is a farmers market every Sunday in the center of town. To celebrate July 4th, the town puts on its own parade and its own fireworks display.
Takoma Park Real Estate
So far in this year of 2008 there have been 100 sales of single family detached homes in Takoma Park, sales prices range from a low of $200,000 for a three bedroom one bath brick colonial in need of total renovation to a high of $1,005,000 for a completely restored 7 Bedroom, 5 1/2 Bath Victorian. The median price for a single family home in Takoma Park in 2008 is $429,700.
Search all Homes for Sale in Takoma Park, Maryland
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Silver Spring, Md Famous People’s Houses - Nora Roberts’ House
March 30th, 2007 Categories: Famous Silver Spring People, Silver Spring Neighborhoods, Silver Spring Real Estate, Takoma Park Real Estate
Romance Novelist Nora Roberts aka J.D. Robb grew up in this adorable bungalow off of Sligo Avenue near the heart of Downtown Silver Spring. This area used to be known as “Takoma Park” and is now known as North Takoma Park with a Silver Spring Address.
Nora Roberts’ real name is Eleanor M Robertson and her 85+ year old mother still owns this house. She grew up the youngest and “an only girl”, with a slew of brothers, who still live in the area.
Nora went to Parochial School, probably Saint Michaels Elementary, and then for High School she attended The Academy of the Holy Names (a girls High School on Pershing Drive which is now the Chelsea School) When she transferred to public school, the Old Blair High School, she met her first husband.
The family still owns and runs a very successful business, R&R Lighting on Silver Spring Avenue that her parents started in 1963, out of their home.
Nora Roberts still lives in Maryland, since leaving Silver Spring in the late 60’s she has lived in the quaint “off the beaten path” town of Keedysville, Md.- a far cry from the current Downtown Silver Spring Area!
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