Bethesda Real Estate - Days On Market Analysis - November 2011

A few days ago we wrote another post on our blog site about the current state of the Bethesda real estate market.  If you would like to read it, here's the link:  http://dcrealestatemarketplace.com/bethesda-real-estate-prices-at-almost-same-levels-as-2009.

But here is one extra graph that we didn't include, and it's a bit difficult to explain, especially the very far right side.  Basically, if you read the blog post, at the same time as prices were falling this past year, and inventory was soaring, it appears that Days On Market measurements were falling, which in itself is puzzling.

But then add in our latest measurement, which makes it look like the most recent DOM has just been cut in half, and it gets really difficult to explain.  My guess is that this is simply an outlier or anomoly, and that in the next week or so, we will see the numbers level back out.

For more information on Bethesda real estate or any other community in and around the greater DC area, please don't hesitate to visit our website at www.DCRealEstate Marketplace.com.

Video - Brief Analysis Of Bethesda MD Real Estate Market - November 2011

Bethesda Real Estate

Real Estate Market Slow To Rebound

The federal government has exhausted their options for trying to help the real estate market rebound. Low interest rates, loan company bail-outs and mortgage refinancing deals have gone nowhere fast.  “There isn’t a lot the government can do to prevent foreclosures,” says Paul Willen, a researcher at the Federal Reserve Bank of Boston. “And we’ve just been banging our heads against the wall now for four years, trying.” Laurie Goodman of Amherst Securities forecasts that 1 in 5 homeowners will have trouble with their mortgages in the coming years.
 
The Feds understand all too well that America’s prosperity is closely linked to what’s going on in real estate. Americans need jobs to buy homes. More importantly, Americans need jobs and homes to feel confident enough to spend in other places. In a typical expansion, Goldman Sachs says that housing contributes half a percentage point to growth in GDP. Over the past year, housing has actually subtracted 0.15 of a percentage point from our GDP in a negative feedback loop.

Real estate agents have met with many disappointments over the past three years, with prices starting to flatten out, only to drop once again. Forecasters keep saying the tumbling real estate values are done dropping, but it’s clear that most of America is not over the hump just yet. Perhaps prices will begin to stabilize in 2014, some say. For now, new construction is depressed, sales of new homes are low, delinquencies are high, and foreclosure auctions are keeping prices low. Technically, real estate has never been cheaper in the US – for those who can afford to invest anyway.

King Farm MD homes

Bethesda Real Estate

Gaithersburg MD Homes For Sale Market Update - November 2011

At www.DCRealEstateMarketPlace.com, we just wrote a short article about a few statistical findings for the Gaithersburg MD real estate community.  What we found out was a bit hard to make sense of!  Median asking prices for homes for sale in this area have been on the rise over the past two years, which I would think is a postive sign for the market.  But at the same time, inventory levels are also rising, which most people view as a negative trend.  Confusing.

So here's a third graph to see if we can't really figure out what is going on...

This graph shows how long homes in the area have been staying on the market over the past two years.  Sadly, this graph isn't very helpful either!  Our measurements today are a bit higher than they were two full years ago, which makes it seem like a bad number.  But at the same time, today's homes are on the market a shorter time today than they were last year, which makes it seem like we are making progress!

Most markets are either clearly improving, or clearly declining.  But not here in Gaithersburg, it's all up in the air here, it all depends upon each specific home.

For more information on Gaithersburg, or any other area in and around DC, please visit http://dcrealestatemarketplace.com

Homes Values Boosted By Local Businesses

Over the past 14 years, neighborhoods with thriving small businesses saw an increase in local homes values by 50 percent over non-small business areas or poorly performing small business areas, according to the American Express OPEN Independent Retail Index. The study found that communities with a robust small business scene were likely to see a 4 percent annual increase in homes prices, along with the infusion of 1,800 jobs into their communities.

Susan Sobbott, president of American Express OPEN, issued a statement that said: "This research validates what we know intuitively -- that small businesses are the lifeblood of our communities. There is concrete evidence that thriving independent neighborhoods lead to higher real estate values and more local jobs."

Not surprisingly, large urban areas like New York City, San Francisco, and Washington DC (and in my opinion, Bethesda real estate would be no different) fared the best. The most ideal businesses were restaurants and flower shops, rather than law offices or insurance agencies, when it came to influencing the values of homes in an area, the report also said. Unfortunately, what Amex found is that the majority of urban areas have seen the number of bars and restaurants decline by 7 percent and other small retailers by 11 percent over the last two decades. If that trend continues, we can expect the values of our homes to continue to fall. So report analysts say perhaps the best thing you can do for homes in your community is to go out and support those local entrepreneurs who add so much to your bottom line.

For more information on Bethesda MD real estate and other communities in and around the Washington DC marketplace, please visit http://dcrealestatemarketplace.com

Buy Real Estate, Get Visa?

The Federal Government is desperate to improve the situation of joblessness and a tanked real estate market… but what can they do about it? Doesn’t the market have to simply run its course? Don’t prices simply have to drop? Don’t investors need to snap up as many properties as they can to rebuild neighborhoods? Doesn’t the average American need to buy when they have a job again? There is a new proposal on the table – a Bipartisan Bill that would allow foreigners who spend $500,000+ on US real estate to obtain Visas to live in the United States.

Advocates of the plan say it could really boost the California market, which is attractive to Chinese real estate buyers. Nationwide, sales to foreigners and new immigrants reached $82 billion, up from $66 billion last year, said the National Association of Realtors. Florida and California led these real estate transactions, but Colorado, New York, Hawaii, and Texas will also see huge increases in demand. Sandra Miller, a Santa Monica realtor, said 10 percent of the luxury market is comprised of foreign investors, but offering them US visas to live here could easily triple that figure.

It’s the Government’s hope that these international tourists would take advantage of another offer once here – to get on the fast track for a green card if they invest at least $500,000 in an American business that creates at least 10 jobs.

According to New York Senator Chuck Schumer who introduced the legislation, “Many people want to come and live in the United States. They will be here spending money and paying taxes, and the most important thing is they'll sop up the extra supply of homes we have right now compared to demand, and that's what's dragging our economy down."

What do you think? Will this help our real estate market and unemployment rates?

To check out what is happening in the Bethesa real estate market, make sure to visit http://dcrealestatemarketplace.com/

Video - Brief Analysis Of Bethesda MD Real Estate Market

Bethesda luxury real estate

Bethesda Real Estate - October Analysis

Over at www.DCRealEstateMarketplace.com, we just wrote a short article about how luxury homes for sale in Bethesda MD were faring when compared to the overall market, but ran out of room before sharing just one more graph.

This graph shows the Median Action Index, which is a compilation stat assembled by Altos Research out of California for most major metro areas, and which purports to show whether or not a market is in a Buyer's or Seller's market, and how strongly.

A score of 30 on this graph would indicate a neutral market, with anythig below 30 belonging to a Buyer's market.  Clearly, that's where Bethesda is, with the most expensive group of homes, shown in black, even further in a Buyer's market than the overall pool of available properties.

Fallsgrove MD Homes For Sale - Rockville MD - Inventory Levels

Over at http://dcrealestatemarketplace.com, a new blog post was written this week about the Fallsgrove and Rockville MD markets with just a short analysis.  If you want to read the article, you can just skip on over to http://dcrealestatemarketplace.com/fallsgrove-md-homes-for-sale-market-update

But if you want to read about one other aspect of the community, feel free to hang out here for another few seconds.  The graph above follows the number of homes for sale in the Rockville MD community, of which Fallsgrove is just one small piece.  Over the past two years, we have seen a few ups and downs, but most of it seems to have washed out with our current levels almost exactly where they were in September of 2009.

Back then, there were almost 300 homes actively trying to find a buyer.  That number fell through most of 2010, but early this year, that number started climbing again, and now we are right back at 300 units on the market.

Avenel MD Homes For Sale - Video Market Update

Avenel MD Homes For Sale

Potomac MD Homes - Real Estate Market Update - September 2011

Yesterday, I wrote an article on our blog at http://dcrealestatemarketplace.com/avenel-homes-for-sale-market-update discussing the state of the Avenel MD homes for sale market, as how it relates to the greater Potomac MD real estate market.

As always, I ended up with too many graphs to shove into one single blog post, so I have come here to share the extra chart. This one is about the DOM, or Days On Market, of homes in Potomac MD, of which Avenel is one sub-group.

Even though median asking prices are dropping, over $200,000 in the past two years and inventory levels are pretty high, it appears that homes are staying on the market about the same amount of time today as they were in September of 2009.  Which I find surprising.  I certainly would have expected homes to be on the market longer than before.

What this tells me is that the good homes, the homes people are willing to buy, are probably on the market for only a short amount of time.  And the other homes, well, they are staying on for a long time before the sellers get tired and then simply take their home off the market without a contract.

Bethesda Real Estate - video - market update for September 2011

Bethesda real estate

Bethesda real estate - market comparison with Chevy Chase and Potomac MD

At www.DCRealEstateMarketplace.com, we just wrote a short post about Bethesda real estate, but felt that we didn't have room to include this extra graph showing three local areas and how long homes are taking to leave the market.  If you want to see the post on our blog, please visit http://dcrealestatemarketplace.com/bethesda-real-estate-chevy-chase-and-potomac-comparison

The graph above shows the three areas I am most interested in, for today at least, and how long homes for sale in each community are staying for sale, on average.  Interestingly, each area now shows that homes are staying active for a shorter time than they were two years ago.  This is surprising because their prices have been falling, and there are now more homes availalbe than before.  Normally, when we see dropping prices and rising inventory, we would normally expect to see rising DOM, but not so.  Interesting.

King Farm MD Homes For Sale - Inventory Levels May Be Leveling Off

A few days ago, I wrote a short blog post about the King Farm MD homes for sale market, and how a few statistical measurements were tracking, as compared to looking at the same area a few weeks back.  One measurement that I did not include at that time was the inventory levels of that area, exactly how many homes are for sale at any given time.

I am here to correct that oversight.  This graph shows, over the past two years, just how many homes have been for sale each week in the larger Rockville community, with the assumption that if there are more homes for sale in these four zip codes, there are likely more homes for sale in King Farm as well.  And the opposite would be true, according to my assumptions, that if there are fewer homes for sale on this graph, there are likely to be fewer for sale in King Farm.

As you can clearly see from the graph above, we are close to seeing highs in inventory levels over the past two years.  But it also appears that perhaps we have turned a corner as the last few weeks have seen the number of homes for sale dropping a bit.  Maybe we've seen the worst of it?  For this year at least?  Stay tuned and we will figure it out together.

For more information about the real estate market in and around Washington DC, please visit http://dcrealestatemarketplace.com

Kentlands MD Homes For Sale - Market Update For Gaithersburg MD

A new post was just written about Kentlands MD homes for sale at http://dcrealestatemarketplace.com/kentlands-md-homes-for-sale-gaithersburg-u..., but I wanted to share one extra graph that didn't fit into the recent blog post.

This chart shows how long homes for sale in the larger community of Gaithersburg are staying on the market, as mapped out over the past two years.  In late August of 2009, it appears that 120 days was the norm, which shot up to 150 earlier this year, before settling out a bit at our current levels of almost exactly where we started, 120 days!  The trend line, shown in gold, is a bit lower, but the weekly data points are almost exactly the same!

For more information on Kentlands MD homes please visit our website at http://dcrealestatemarketplace.com

Fallsgrove MD Homes For Sale Graph - Days On Market For Rockville MD

A new post was just released at http://dcrealestatemarketplace.com/fallsgrove-md-homes-for-sale-august-update discussing a few stats from the Fallsgrove MD area, as wel as the larger Rockville MD community of which Fallsgrove is just a small part.

Here is one more graph that really didn't fit into that article, this one is of how long homes are taking to sell, or least how long until the leave the market.  I suppose if an owner got tired of trying to sell their home and simply gave up and took their home off the market, that would also register in this graph.

For more information on homes in and around the Washington DC market, including Fallsgrove MD, please visit www.DCRealEstateMarketplace.com

Chevy Chase Home Sales Remain Steady For Tech Savvy Realtors

A lot has changed since the late nineties, particularly for people in the homes selling business, such as Chevy Chase homes for sale. A realtor of the nineties would be equipped with a few modest tools – a car, an office phone, a fax machine, a mobile phone, and a simple website with a couple of the prominent homes featured. It took a lot of driving and legwork to make home sales happen back then. It could be 10 showings before a buyer found a place he or she liked.

Today’s buyer does extensive research before the realtor even gets a phone call. Using the local Multiple Listing Service, a buyer can read all the details of homes on the market, look at photos, watch YouTube videos, take virtual tours, and search the surrounding area using Google Maps. To keep up with the demand for knowledge, realtors need to adopt the tools of the trade and update their technology so their home sales remain steady.

For instance, the best realtors have blogs – which are the #1 referral tool these days. Realtors might write about area schools, new communities being built, local architectural styles, first time home buyer credits, area entertainment – anything that buyers can use to make more informed purchases. The average realtor spends 1-2 hours a day blogging and posts 4-5 times per week. The more content a realtor has, the more search engines love the blog… and the more search engines love the blog, the more referrals and home sales the realtor gets. The blog acts as a central hub for linking to and from social media pages like Twitter, Facebook, or LinkedIn. Readers can comment, share the blog, subscribe to an RSS feed, download pamphlets, and directly contact a realtor through a successful blog. 

Smartphones are an essential part of home sales these days too. There are GPS-enabled mobile apps where buyers can find out the list price of the homes for sale they drive past. Realtors can stay connected with their sites in real-time, responding to inquiries immediately via their web-surfing phones. They can add photos and videos, update social media pages, or chat with clients in real-time. For many modern realtors, there is never a moment’s rest… but at least home sales are steady.

For more information about home sales in or around the Washington DC area, including Bethesda, Potomac and Chevy Chase, please visit www.DCRealEstateMarketplace.com

Number of homes for sale in Potomac MD is on the rise

For the past few months, we have been watching asking prices of homes for sale in Potomac MD fall.  And then fall some more.  At the same time, inventory levels are rising, which is not a great combination at all if you are even remotely interested in selling your house.  Maybe it's ok if you are buying a home, but at some point, the markets will need to find some kind of equilibrium, and these recent trends don't really point to any kind of balance at all.

Right now, in early August of 2011, there are about 60 more homes for sale in this real estate market than there were at this time last year, from about 210 homes to 270 as of this past week.

For the most recent blog post about Potomac MD homes for sale, please visit http://dcrealestatemarketplace.com/potomac-homes-for-sale-market-update

Silver Spring MD homes for sale see higher median asking price than two years ago

Over at http://dcrealestatemarketplace.com, there was a recent article discussing the median asking price of homes for sale in Silver Spring MD, and whether it was good news for bad news.  I have included the same chart here that was used there, but here's the basic question:

If today's median asking price for Silver Spring MD homes for sale is higher than it was two years ago, but lower than last year's value, is that good news or bad news?  Does it make it easier for you to answer if I tell you that the Days On Market has the same kind of variance, with today's data point being lower then two years ago, but higher than last years?

I know, it's all a mess.  But be sure to keep reading at our website for more info, on Silver Spring as well as many other areas in and around D.C.

Luxury Homes In Avenel MD And Potomac See Median Asking Price Of $3,000,000

If you will allow me the freedom of defining luxury homes as the most expensive 25% of homes on the market at any given time, then the graph above gives you a pretty good idea of how asking prices for Avenel MD luxury homes are tracking.  Avenel is a small part of the larger Potomac real estate market, but by checking out the larger market, I think it is fair to say we can an idea of what is happening in smaller pockets of homes.

According to the graph above, the least expensive quartile of homes for sale in the area are tracking at a median asking price of $750,000.  In contract, the most expensive 25% of homes currently has a median asking price of $3,000,000, quite a difference, four times the price of the first group of homes!

Please contact us if you would like more detailed information on your Washington DC area home, or the real estate market in general.

Video - Quick review of data on Silver Spring MD homes for sale - June 2011

Silver Spring MD homes for sale

Silver Spring MD real estate update for May 2011

Today, I bring you a quick chart I put together showing the median asking prices of homes for sale in the Silver Spring MD real estate market over the past two years.  It has some good news, and some bad new, depending upon how you prefer to look at your news.

The two lines on the graph are of weekly data points as well as a rolling trend line, and they both track pretty much the same line.  Two years ago, the median asking price of homes for sale in Silver Spring was right around $370,000.  In the past two years, we have seen lows of $350,000 and highs of $400,000, but as of our latest measurement, we are pretty close to $380,000.  Which is another way of saying that over 24 months, the median asking price for Silver Spring homes moved up only about 3%.  Which isn't horrible.  But it isn't great either.

If you would like more info on home values in and around the Greater DC Area, please visit http://dcrealestatemarketplace.com

Chevy Chase MD Luxury Homes See Median Asking Price Fall Almost $600,000 In 2 Years

I recently wrote an article on http://dcrealestatemarketplace.com about two years worth of data for Chevy Chase MD homes and their median asking price.  But the graph above is a bit different, this graph looks only at the most expensive 25% of homes currently for sale at any given time.

Looking at this group of homes, we can see that Chevy Chase MD luxury homes for sale have seen quite a large drop in value.  Two years ago, in May of 2009, the median asking price of the most expensive quartile of homes for sale was right around 2.9 million dollars.

Over the next 24 months, that asking price fell, and fell, all the way to $1,900,000 before recovering a bit to get to our most current measurement of $2,300,000.  While that is a small increase from earlier this year, our latest asking price value is still about $600,000 lower than it was just two years ago.

Potomac MD Homes For Sale - Video Update For May 2011

Potomac MD Homes For Sale

Potomac MD Homes See Dropping Days On Market Measurements

I wrote a recent blog post about Potomac MD homes, to show how the asking prices and inventory levels were trending over the past two years.  However, I failed to discuss how long homes were staying on the market.  So I have dropped in a graph here to take a look at just that statistic.

And as you can see, this graph from Altos Research shows that the DOM was pretty steady from May 2009 through August of 2010, staying between 140 and 160 days, on average.  However, something seems to have happened last fall, and the data really seems to be bouncing around like crazy.  The data points even spiked as high at 210 days at the turn of the year, but since then, it has been nothing but downhill for this particular statistic, all the way to our most recent measurement of 120 days!

If you would like to see this kind of statistical analysis for your particular neighborhood, or have any questions at all about your home, please don't hesitate to let us know.  If you prefer to read a few more articles about communities in and around the D.C. area, please make sure to visit http://dcrealestatemarketplace.com

Silver Spring MD Homes For Sale Market Update - Video

Silver Spring MD Homes For Sale

Silver Spring MD Homes For Sale Seeing Dropping Days On Market Measurements

First, let me apologize if you find the title of this short post confusing.  Yes, DOM is dropping if you look at it from the high measurements taken in January, but they are rising overall if you looked only at last year's level at this point.  What I am trying to do is see where we are trending when we look at Silver Spring MD homes for sale, and whether or not we can expect lower Days On Market measurements, or higher, as we progress through the spring selling season.

The graph above shows a value of about 114 days on average, one year ago, for a home for sale to leave the market.  That number rose all the way up above 150 in January before falling to our most current level of 120, which is reduction of one full month, which is somewhat noteworthy, I would think.

If you would like more data on Silver Spring homes, or any other area in and around DC, such as Bethesda, Potomac or Chevy Chase, please visit www.DCRrealEstateMarketplace.com.

Bethesda Real Estate - Short video review of market stats for past year as of April 2011

Bethesda real estate

Video - Bethesda luxury real estate update for April 2011

Bethesda MD luxury real estate

Bethesda real estate chart - luxury homes in Bethesda MD real estate market

Here is a chart we produced showcasing only the most expensive quartile of homes for sale in the Bethesda real estate market, or what some people might refer to as Bethesda luxury homes for sale.  It is interesting to note that one year ago, the trend line for these high end homes had the median asking price right around $2,150,000 and now, one full year later, that number has grown over $150,000 to over $2,300,000.

I know I keep reading somewhere that we are still in a recession and that housing markets are depressed all around the county, but when I see graphs like this one, where asking prices are actually rising for million dollar homes, it makes me wonder whether some of the so called experts even know what they are talking about.

For complete and up to date information on Bethesda real estate, make sure to visit http://dcrealestatemarketplace.com

Chevy Chase MD Luxury Homes For Sale - Video - April 2011 Update

Chevy Chase MD Luxury Homes For Sale

Homes For Sale In Chevy Chase MD - Video - April 2011 Market Update

Homes For Sale In Chevy Chase MD

Homes For Sale In Potomac MD - Video Update for April 2011

Homes For Sale In Potomac MD

Luxury Homes For Sale In Potomac MD - Video Update For April 2011

Luxury Homes For Sale In Potomac MD

Video Update For Chevy Chase MD Homes For Sale - March 2011

Chevy Chase MD Homes For Sale

Chevy Chase MD homes see DOM measurement fall off a cliff

This graph, showing the Median Days On Market measurements over the past year for Chevy Chase MD homes for sale, shows a massive dropping off in just the past week or two.  In early march, it looks like the median amount of time a Chevy Chase home was staying on the market was close to 100 days.  But now, within the same month, that measurement has plummeted to almost 50, maybe 52 days!  That's absurd!

My guess is that we will a very quick rebound, and this market trend will last a relatively short time.  This is likely an anomoly than anything else.  Instead of believing that all of the homes in Chevy Chase are now selling half the time that they were last month, I think it is more likely that some of the homes that have been on the market for quite awhile, left the market.  And at the same time, as spring arrives, many new listings are hitting the market, really skewing the whole median number downward!

That's my guess, but let's keep an eye on this for the next month or so and see where this takes us.

For more information on Chevy Chase MD, as well as Bethesda, Silver Spring, Potomac and Avenel, please visit http://dcrealestatemarketplace.com

Bethesda MD homes for sale see median asking price drop $60,000 over past few weeks

We recently wrote a blog article about the median asking prices of Bethesda MD homes for sale, as of March 15, and how that median asking price had dropped a bit over the past few weeks, as the attached graph would indicate.

If you would like to read the full article, please follow the link above, or simply go to www.dcrealestatemarketplace.com where you can read all about market conditions for Bethesda as well as other smaller markets in and around D.C.  In addition, we are always happy to generate a new report just for you and your area if you just ask nicely!  Visit our site, look around and maybe even leave us a note, we'll be glad to help out however we can.

 

Downtown Silver Spring MD real estate marketing plan

I noticed something interesting yesterday, and I don't want anyone to get the wrong impression, so I am here to clear a few things up.  It appeas that if you search for an effective marketing plan for your home in Avenel, my website shows up in the top four spots.  Which I am pleased with!

But I don't want anyone to think that I don't have an equally effective Downtown Silver Spring MD Real Estate Marketing Plan, or for any other community around the DC area!  It is the same plan, so the tools that I use to sell homes in Chevy Chase are the same homes I use to sell homes in Bethesda, and Silver Spring, and Potomac, and...  you get the point.

Effective marketing tools are just that, effective tools, and it doesn't matter if the homes are located in the DC area, or any other city across the country.  So if you are thinking of selling your Downtown Silver Spring home, please don't think that I sell only Avenel homes just because Google lists my site as the top four spots for Avenel!

If I can ever be of assistance, in selling or buying a home, in any community in and around DC, please don't hesitate to visit my site and contact me there.

Avenel MD Luxury Homes Market Update For February 2011

Most of the time writing these short articles, I look at all of the homes in an entire zip code, such as all available listings in Potomac MD.  But sometimes it is important, and even interesting, to look at smaller sub-sets of properties, such as Avenel MD Luxury Homes, which is what I will attempt to do here.

Avenel MD is a community within Potomac, which is generally considered zip code 20854.  In addition, when people talk about luxury homes, that can mean any number of things.  In some communities, it might be any home over $1,000,000.  Others might consider it the top 10% of any market.  But for the sake of this quick post, I will be looking only at the top 25% of homes currently for sale in zip code 20854, and then assume that luxury homes in Avenel MD are following suit.

A lot of areas are seeing downward trends in their pricing, but not this graph.  The most expensive quarter of homes for sale in this community are actually seeing their asking price rise over the past six months.  That could be a seasonal adjustment, or perhaps the sign of a trend.  To really get to the root of this matter, it may be best to talk with an area expert.

Silver Spring MD Homes For Sale Asking Price Update

This will be a very short article, aimed primarily at anyone living in the Silver Spring market, and even those considering buying one of the available downtown Silver Spring MD homes for sale.  The median asking prices have really taken it on the chin over the past six months, losing over 12% of their value in just that short time.  If you will allow me to speak in rough numbers, in August of 2010, the median asking price for Silver Spring MD homes was right around $400,000, but in our most recent measurement, that number has fallen to $350,000, a drop of $50,000, or 1/8th of last fall's asking price.  That's pretty rough.

If you are considering selling your Silver Spring home, or maybe you want to buy one, and you need more market information to make a good decision, please don't hesitate to visit http://dcrealestatemarketplace.com for the most current market statistics as well as the most effective home marketing solution anywhere!

Picture of Potomac MD home in DC Real Estate Market

As a successful real estate agent in the DC area, I find myself in the car quite a bit, driving through different neighborhoods, either on my way to a listing appointment, or maybe with buyers looking to purchase a new home.  Sometimes, when I am by myself, I like to carry my camera with me and take a few pictures of attractive homes as I drive by.
Here is just such an example!  A week or two ago, I was driving by a few Potomac MD homes and decided to slow down and take a few pictures.  The Potomac area is clearly one of the more desirable areas in and around DC, and I suppose this picture gives you an idea why!  It is not for sale, and I am not implying any agency here, I am simply sharing a nice picture with you.


If you find that you are looking for more information on the Potomac real estate market, and would like to maybe get some information, such as pricing data and inventory data, then perhaps the best place for you to look would be http://dcrealestatemarketplace.com/communities/potomac  If I am not mistaken, there are even a few links already put together there for searches of homes for sale in the Potomac market.