Anonymous
05/01/2021 13:37
Subject: What's Glenmont like?
Here are some of the houses that sold fairly recently in my neighborhood, a short drive from Glenmont metro:
https://www.zillow.com/homedetails/14000-Woodwell-Ter-Silver-Spring-MD-20906/37320560_zpid/
https://www.zillow.com/homedetails/14216-Piccadilly-Rd-Silver-Spring-MD-20906/37320524_zpid/
https://www.zillow.com/homedetails/14312-Morton-Hall-Rd-Silver-Spring-MD-20906/37320610_zpid/
None are for sale right now, because they go under contract 2 days after they go on the market.
https://www.zillow.com/homedetails/14000-Woodwell-Ter-Silver-Spring-MD-20906/37320560_zpid/
https://www.zillow.com/homedetails/14216-Piccadilly-Rd-Silver-Spring-MD-20906/37320524_zpid/
https://www.zillow.com/homedetails/14312-Morton-Hall-Rd-Silver-Spring-MD-20906/37320610_zpid/
None are for sale right now, because they go under contract 2 days after they go on the market.
Anonymous
05/01/2021 13:33
Subject: What's Glenmont like?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Oh, and everyone on our block speaks English. While there is a greater non english speaking population, again tending to be in the apartments, most people who own sfhs speak English, unless they are very elderly -- at least in our neighborhood. Stay north of Glenmont metro and look off Layhill.
I’ll likely be driving into DC and the distance to metro is already pushing it. I don’t think we’d be willing to go farther north. At that point we would do Rockville and at least not feel as rural.
Olney hasn’t been rural since they started building new neighborhoods in the 80s, fwiw. Having said that, it’s nice to have places where kids can go fishing or ride horses.
Most people who are priced out of close-in areas land here when looking for safe neighborhoods with good schools.
By North of Glenmont I meant the neighborhoods off Layhill near Glenmont.
We live there and live a 5 minute or so drive from the metro, Layhill Road is also on the metro bus.
Neighborhoods are: Layhill Village, Strathmore at Bel Pre, Poplar Run and others. I live in Layhill Village and homes are selling from between 450-550k and now go under contract within a matter of days.
You don't have to move to Olney, just go five minutes up the road from the metro. Or move to the Twinbrook area of Rockville.
Anonymous
05/01/2021 13:25
Subject: What's Glenmont like?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:https://www.redfin.com/MD/Kensington/4019-Lawrence-Ave-20895/home/11029672
Under $550 in 20895. Better commute, and better schools.
Love Kensington, but have you not been paying attention to the market lately?
Stretch or wait.
But don’t buy on the east side of glenmont...particularly on the cusp of a bubble bursting. You won’t recover your investment when you’ll need to move before kindergarten. Trust me.
We sold our starter home in Foxhall shortly before the last bubble burst—meaning we got a ridiculously inflated price which helped us trade up quite nicely.
LOL you sound like my mom “stretch and buy a printing press to make more money!” 550 IS the stretch. We are DCUM poor, we get it.
Also, it’s west side of Glenmont.
I meant east and west.
East is nicer, yet the schools are bad.
West is worse. And, some streets don’t have driveways.
The market is inflated. If you buy in glenmont at the top of the market, you won’t be able to trade up unless someone gets a big raise. The schools are bad, so it’s not a desirable area...which is why houses are sitting.
If $550 is your stretch, then keep renting or look further out.
If/when you buy, either buy something updated or take out more than you need on the mortgage so you can update the kitchen and bathrooms. Otherwise, it sounds like you won’t be able to afford it.
I know several couples who foolishly bought in less desirable areas and regretted it. Big financial mistake.
I feel like you’re talking about a different area. What houses are sitting? There’s no SFH east or west of Glenmont on Redfin for more than 7 days. We went to a showing 12 hours after the house listed and someone walked out with their inspector as we arrived. We would be buying updated and finishing a basement right away. We ARE looking further out, that’s how we arrived at Glenmont. Anything farther out is a nonstarter for commutes.
I know the area well. Houses are flying now because there is a crazy bubble.
I lived in Foxhall and sold one month before the last bubble burst. The market is just now slightly higher than what it was way back in 2008. Don’t expect to turn a profit and make money to trade up unless you wait to sell during the next bubble. And figure out schools in case you get stuck.
Go grocery shopping at night. See what you think.
Personally, I think you should keep renting, sock away money, and wait for the bubble to burst. Then be ready.
Are you the PP who said “which is why houses are sitting.” I’m so confused how they can be both sitting and flying. Also what bubble? Every week someone starts a bubble post and the consensus from everyone but you is that there is no bubble. There’s a housing shortage. Supply and demand.
We have been looking for rentals too for over a year. It’s just as hard as finding a house only more expensive. A mortgage cuts our rent payment by $600.
Anonymous
05/01/2021 13:19
Subject: What's Glenmont like?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:https://www.redfin.com/MD/Kensington/4019-Lawrence-Ave-20895/home/11029672
Under $550 in 20895. Better commute, and better schools.
Love Kensington, but have you not been paying attention to the market lately?
Stretch or wait.
But don’t buy on the east side of glenmont...particularly on the cusp of a bubble bursting. You won’t recover your investment when you’ll need to move before kindergarten. Trust me.
We sold our starter home in Foxhall shortly before the last bubble burst—meaning we got a ridiculously inflated price which helped us trade up quite nicely.
LOL you sound like my mom “stretch and buy a printing press to make more money!” 550 IS the stretch. We are DCUM poor, we get it.
Also, it’s west side of Glenmont.
I meant east and west.
East is nicer, yet the schools are bad.
West is worse. And, some streets don’t have driveways.
The market is inflated. If you buy in glenmont at the top of the market, you won’t be able to trade up unless someone gets a big raise. The schools are bad, so it’s not a desirable area...which is why houses are sitting.
If $550 is your stretch, then keep renting or look further out.
If/when you buy, either buy something updated or take out more than you need on the mortgage so you can update the kitchen and bathrooms. Otherwise, it sounds like you won’t be able to afford it.
I know several couples who foolishly bought in less desirable areas and regretted it. Big financial mistake.
I feel like you’re talking about a different area. What houses are sitting? There’s no SFH east or west of Glenmont on Redfin for more than 7 days. We went to a showing 12 hours after the house listed and someone walked out with their inspector as we arrived. We would be buying updated and finishing a basement right away. We ARE looking further out, that’s how we arrived at Glenmont. Anything farther out is a nonstarter for commutes.
I know the area well. Houses are flying now because there is a crazy bubble.
I lived in Foxhall and sold one month before the last bubble burst. The market is just now slightly higher than what it was way back in 2008. Don’t expect to turn a profit and make money to trade up unless you wait to sell during the next bubble. And figure out schools in case you get stuck.
Go grocery shopping at night. See what you think.
Personally, I think you should keep renting, sock away money, and wait for the bubble to burst. Then be ready.
Anonymous
05/01/2021 13:05
Subject: What's Glenmont like?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:https://www.redfin.com/MD/Kensington/4019-Lawrence-Ave-20895/home/11029672
Under $550 in 20895. Better commute, and better schools.
Love Kensington, but have you not been paying attention to the market lately?
Stretch or wait.
But don’t buy on the east side of glenmont...particularly on the cusp of a bubble bursting. You won’t recover your investment when you’ll need to move before kindergarten. Trust me.
We sold our starter home in Foxhall shortly before the last bubble burst—meaning we got a ridiculously inflated price which helped us trade up quite nicely.
LOL you sound like my mom “stretch and buy a printing press to make more money!” 550 IS the stretch. We are DCUM poor, we get it.
Also, it’s west side of Glenmont.
I meant east and west.
East is nicer, yet the schools are bad.
West is worse. And, some streets don’t have driveways.
The market is inflated. If you buy in glenmont at the top of the market, you won’t be able to trade up unless someone gets a big raise. The schools are bad, so it’s not a desirable area...which is why houses are sitting.
If $550 is your stretch, then keep renting or look further out.
If/when you buy, either buy something updated or take out more than you need on the mortgage so you can update the kitchen and bathrooms. Otherwise, it sounds like you won’t be able to afford it.
I know several couples who foolishly bought in less desirable areas and regretted it. Big financial mistake.
I feel like you’re talking about a different area. What houses are sitting? There’s no SFH east or west of Glenmont on Redfin for more than 7 days. We went to a showing 12 hours after the house listed and someone walked out with their inspector as we arrived. We would be buying updated and finishing a basement right away. We ARE looking further out, that’s how we arrived at Glenmont. Anything farther out is a nonstarter for commutes.
Anonymous
05/01/2021 13:01
Subject: What's Glenmont like?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:https://www.redfin.com/MD/Kensington/4019-Lawrence-Ave-20895/home/11029672
Under $550 in 20895. Better commute, and better schools.
Love Kensington, but have you not been paying attention to the market lately?
Stretch or wait.
But don’t buy on the east side of glenmont...particularly on the cusp of a bubble bursting. You won’t recover your investment when you’ll need to move before kindergarten. Trust me.
We sold our starter home in Foxhall shortly before the last bubble burst—meaning we got a ridiculously inflated price which helped us trade up quite nicely.
LOL you sound like my mom “stretch and buy a printing press to make more money!” 550 IS the stretch. We are DCUM poor, we get it.
Also, it’s west side of Glenmont.
+1 seriously people. Wheaton feels just out of reach for us and we have a higher budget than OP. It was honestly hard at 550k before the price jump.
Anonymous
05/01/2021 13:00
Subject: What's Glenmont like?
Crappy
Anonymous
05/01/2021 12:59
Subject: What's Glenmont like?
I live in Wheaton, and regularly shop in Glenmont. I feel like I’m always driving up there to go to Country Boy, Lidl, Brookside Gardens, or the Glenmont-Wheaton pool (in the summer)
I know there’s a lot of skepticism here about Glenmont developing, but I really do think it’s on the verge of transformation. There’s that really nice new intersection, new fire station, new playgrounds.... and Wheaton is getting a lot of attention, too (new library, rec center, county offices in a high rise...). I think it’s a really good choice for a first home in this area on that budget. And, the Buy Nothing group up there is really active and great. I think you’ll find what you need.
I know there’s a lot of skepticism here about Glenmont developing, but I really do think it’s on the verge of transformation. There’s that really nice new intersection, new fire station, new playgrounds.... and Wheaton is getting a lot of attention, too (new library, rec center, county offices in a high rise...). I think it’s a really good choice for a first home in this area on that budget. And, the Buy Nothing group up there is really active and great. I think you’ll find what you need.
Anonymous
05/01/2021 12:53
Subject: What's Glenmont like?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:https://www.redfin.com/MD/Kensington/4019-Lawrence-Ave-20895/home/11029672
Under $550 in 20895. Better commute, and better schools.
Love Kensington, but have you not been paying attention to the market lately?
Stretch or wait.
But don’t buy on the east side of glenmont...particularly on the cusp of a bubble bursting. You won’t recover your investment when you’ll need to move before kindergarten. Trust me.
We sold our starter home in Foxhall shortly before the last bubble burst—meaning we got a ridiculously inflated price which helped us trade up quite nicely.
LOL you sound like my mom “stretch and buy a printing press to make more money!” 550 IS the stretch. We are DCUM poor, we get it.
Also, it’s west side of Glenmont.
I meant east and west.
East is nicer, yet the schools are bad.
West is worse. And, some streets don’t have driveways.
The market is inflated. If you buy in glenmont at the top of the market, you won’t be able to trade up unless someone gets a big raise. The schools are bad, so it’s not a desirable area...which is why houses are sitting.
If $550 is your stretch, then keep renting or look further out.
If/when you buy, either buy something updated or take out more than you need on the mortgage so you can update the kitchen and bathrooms. Otherwise, it sounds like you won’t be able to afford it.
I know several couples who foolishly bought in less desirable areas and regretted it. Big financial mistake.
Anonymous
05/01/2021 12:42
Subject: What's Glenmont like?
Anonymous wrote:Anonymous wrote:Anonymous wrote:https://www.redfin.com/MD/Kensington/4019-Lawrence-Ave-20895/home/11029672
Under $550 in 20895. Better commute, and better schools.
Love Kensington, but have you not been paying attention to the market lately?
Stretch or wait.
But don’t buy on the east side of glenmont...particularly on the cusp of a bubble bursting. You won’t recover your investment when you’ll need to move before kindergarten. Trust me.
We sold our starter home in Foxhall shortly before the last bubble burst—meaning we got a ridiculously inflated price which helped us trade up quite nicely.
LOL you sound like my mom “stretch and buy a printing press to make more money!” 550 IS the stretch. We are DCUM poor, we get it.
Also, it’s west side of Glenmont.
Anonymous
05/01/2021 12:33
Subject: What's Glenmont like?
Anonymous wrote:Anonymous wrote:https://www.redfin.com/MD/Kensington/4019-Lawrence-Ave-20895/home/11029672
Under $550 in 20895. Better commute, and better schools.
Love Kensington, but have you not been paying attention to the market lately?
Stretch or wait.
But don’t buy on the east side of glenmont...particularly on the cusp of a bubble bursting. You won’t recover your investment when you’ll need to move before kindergarten. Trust me.
We sold our starter home in Foxhall shortly before the last bubble burst—meaning we got a ridiculously inflated price which helped us trade up quite nicely.
Anonymous
05/01/2021 12:20
Subject: What's Glenmont like?
Anonymous wrote:https://www.redfin.com/MD/Kensington/4019-Lawrence-Ave-20895/home/11029672
Under $550 in 20895. Better commute, and better schools.
Love Kensington, but have you not been paying attention to the market lately?
Anonymous
05/01/2021 12:19
Subject: What's Glenmont like?
Anonymous wrote:Anonymous wrote:Oh, and everyone on our block speaks English. While there is a greater non english speaking population, again tending to be in the apartments, most people who own sfhs speak English, unless they are very elderly -- at least in our neighborhood. Stay north of Glenmont metro and look off Layhill.
I’ll likely be driving into DC and the distance to metro is already pushing it. I don’t think we’d be willing to go farther north. At that point we would do Rockville and at least not feel as rural.
Olney hasn’t been rural since they started building new neighborhoods in the 80s, fwiw. Having said that, it’s nice to have places where kids can go fishing or ride horses.
Most people who are priced out of close-in areas land here when looking for safe neighborhoods with good schools.
Anonymous
05/01/2021 12:12
Subject: What's Glenmont like?
https://www.redfin.com/MD/Kensington/4019-Lawrence-Ave-20895/home/11029672
Under $550 in 20895. Better commute, and better schools.
Under $550 in 20895. Better commute, and better schools.
Anonymous
05/01/2021 12:06
Subject: Re:What's Glenmont like?
Anonymous wrote:Have you considered Forest Knolls? Affordable, great community, excellent elementary school.
https://www.redfin.com/MD/Silver-Spring/1131-Loxford-Ter-20901/home/11055676
Two of our lost offers were there. So yes, but that house is a bit too much of a mess for us to take on right now.