Happy New Year
January 10, 2011 by dspahr · Leave a Comment
First, Id like to take a moment to Thank all of our clients, partners, and associates for helping make 2010 a success. 2010 was our first full year operating as Foster Spahr Real Estate and we couldnt have imagined a better start to what we hope will be a long and successful journey.
We see a lot of exciting opportunites and devlopments awaiting our clients in 2011. Interest rates remain at historic lows, housing prices have begun to stabilize, and a heathly level of inventory exists throughout the greater Washington DC area providing our clients wonderful opportunities to find the home of the dreams. Our investor clients should also benefit from the steady supply of foreclosures as the system works through the large inventory created as a result of the downturn.
On the flip side, our clients looking to sell should see a more stable market than has existed in the last 2-3 years and while prices having only begun to marginally stengthen, there should be a larger pool of buyers to market to providing more opportunity to get the properties moved. Our focus for our clients will be on presentation and pricing to make sure your property stands out from the crowd. This will prove to be the best strategy for those looking to sell in 2011.
Another exciting development we would like to announce is the introduction of our REO divison. We will be aggressively working with Asset Managers and Banks to deliver a superior service in getting our clients REO properties sold with quick turnarounds while at the same time, maximizing the realized return on investment. We have put together a full turn-key package and are fully funded to provide a level of service that we hope will set us apart from the competition.
Thank you again for allowing us the opportunity to be your local real estate partner. We look forward to providing you and your referrals with the highest level of service you have come to expect from Foster Spahr Real Estate.
Best wishes for a successful 2011,
Dan Spahr
Pricipal Broker
Happy Thanksgiving from Foster Spahr Real Estate
November 24, 2010 by dspahr · Leave a Comment
Thanksgiving is the time of year that is traditionally known for giving thanks. We at Foster Spahr could not allow such an opportunity to pass without participating. Thank You!!! To all of our Clients, Partners, Friends and Family, for all of your hard work and support.
Truly we are grateful and feel blessed that you are a part of Foster Spahr’s success. Have a wonderful Thanksgiving!
Please take some time over the Holiday season to contribute to your favorite local charity or doante your time to a cause you are passionate about. Many charitable organizations have felt the strains of the recession and need our help more now than ever. If we work together, we really can make a difference.
The Fillmore Silver Spring breaks ground!
September 24, 2010 by dspahr · Leave a Comment
Montgomery County News Release
For Immediate Release: 9/2/2010
Groundbreaking Ceremony Held for Fillmore Silver Spring; Opening Set for 2011
The latest star in Silver Spring’s arts and entertainment crown was forged today when The State of Maryland, Montgomery County, Lee Development Group and Live Nation held a groundbreaking ceremony for the construction of the long-awaited new music hall, Fillmore Silver Spring. Several hundred people gathered on the construction site off of Fenton Street, behind the historic J.C. Penney façade on Colesville Road, as County Executive Ike Leggett, Maryland Lt, Governor Anthony Brown, Lee Development Group (LDG) President Bruce Lee and Live Nation’s DC President, Ted Mankin turned the first shovels of dirt to begin construction of the Silver Spring Fillmore set to open in the Fall of 2011.
“This music, entertainment, and community-use venue is the right project, in the right place, at the right time for the County and State in general and the Silver Spring community in particular,” said Leggett. “The Fillmore is an investment well worth making. It activates a vacant storefront and makes money for the County and the State from the start. This exciting venue will create jobs and stimulate more Silver Spring business activity – as well as deliver great music. That’s especially important in today’s economy.
“And, being right across the street from the American Film Institute and down the street from Discovery Communications, we are looking to create a synergy that will result in premier entertainment happening in Silver Spring rivaled by few other places,” added Leggett.
“This is a long-awaited and exciting day in Silver Spring and across Montgomery County. Governor O’Malley and I applaud the tireless efforts that were put in to making this project a reality and we are proud that the State contributed $4 million,” said Lieutenant Governor Brown. “We both look forward to joining our neighbors in Montgomery County at concerts as soon as this new venue opens. This project will help promote the arts in one of the state’s most diverse and dynamic communities. Perhaps more importantly, it will create new jobs and continue to build on the tremendous economic progress that has made Silver Spring a statewide and national model for livable, sustainable community development.”
“We are proud to be part of this partnership and to support this important economic development and entertainment project,” said LDG’s Bruce Lee.
The Fillmore Silver Spring will have a capacity of 500 to 2,000 and will feature crystal chandeliers, hardwood floors, dark painted red walls, historic rock art posters – and the iconic barrel of complimentary apples at the door. It will be inspired by the original Fillmore in San Francisco, which launched the careers of such rock, soul and jazz legends as Jefferson Airplane, Janis Joplin, Jimi Hendrix, Santana, Miles Davis, and Otis Redding.
For additional information on The Fillmore Silver Spring project, go to http://www.montgomerycountymd.gov/fillmore
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Media contact: Montgomery County, Patrick Lacefield, 240-777-6507
12668 Piedmont Trail Clarksburg, MD 20871
June 16, 2010 by dspahr · Leave a Comment
LEASED- Meticulously cared for 3 br + 2.5 ba 3-level luxury townhome with detached 2-car garage in Clarksburg Town Center. 2600+ sq ft of living. Gourmet kitchen, office, living area, and gas FP on main lvl + private yard w/ large deck. 2 bdrooms and large living area on 2nd lvl. Super lux master suite w/ walk-in closet on 3rd lvl w/ lux master bath. Near Milestone shopping and 270 & 355.
817 Woodside Parkway Silver Spring, MD 20910
June 16, 2010 by dspahr · Leave a Comment
SOLD (Buyer Side)- Seldom available Keats Model with four finished levels! Absolutely stunning with every possible amenity and located just a short walk to metro. Delights to treat include 10ft ceilings on the 1st floor, sumptous owners retreat with sitting room, fabulous gourmet kitchen, gleaming hardwood floors, banquet size dining room with butlers pantry, truly 7 bedrooms, 5.5 baths, nanny suite, a perfect 10!