Bethesda, Chevy Chase Real Estate News

Luxury 7 BR / 7 BA Home on Large 2+ Acre Wooded Lot in Great Falls, VA

Matt Moses just listed this exquisite home in Great Falls, VA - offered both for sale or for rent.

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This luxurious home is situated on a 2+ acre wooded lot on River Bend Golf Club in Great Falls, nearby other extraordinary properties in the  Washington DC area.  Exquisite amenities include: circular driveway, grand reception area, formal living rooms, dining room, soaring, two-level ceilings, 7 bedrooms, 7 baths, master suite w/ double walk-in closets and sitting area/loft, lower level with its own kitchen, living, beds/baths. Built for formal entertaining and luxury living. Here's a quick peek...

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But don't just take our word for it, check our LISTING LOOK-IN below to see for yourself; or contact ...

DC Metro Real Estate, Super Bowls, Spring Markets, & Mother's Days?

Kenwood - One of DC's Finest Neighborhoods

Much like the weather (today it’s supposed to get up to 60 degrees…altho’ snow is predicted for tomorrow), the Washington DC and Greater Bethesda area real estate markets fluctuate dramatically. But, 2012 seems to be off to an early start.

The Greater Bethesda & DC Real Estate Spring Market - Explained

Our “height of the market” indicator has always focused on the “Super Bowl Sunday thru Mother’s Day” phenomenon. [See our previous posts on this topic below.  We have been able to track this time period throughout virtually every market over the past 20 years as being the time that sellers can most easily sell their homes.  The reason?  It has always been our feeling that buyers begin searching in early February (they usually need a month to “recover” from the holidays), but most sellers have what we call the “azalea mentality”. That is, they want to wait until the azaleas are in bloom (or the dogwoods, or the cherry blossoms) because they think that their homes look best with these flowering plants.  

And, while this may be true, it is also true that once we get to late Spring, there is more inventory and many of the more serious buyers (remember…they were out in February) have already purchased.  So, it’s a simple supply and demand equation…the supply increases in late Spring (azaleas!), while the demand has begun to decrease.??

This year, it appears as though home buyers in the DC Metro area are not waiting until after Super Bowl Sunday.  Last weekend brought out tons of open house traffic and we had multiple offers...

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