Silver Spring, Montgomery County, Maryland
Silver Spring, Maryland is located to the north of Washington D.C. Named after a mica-flecked spring discovered in the 19th Century, Silver Spring is a gem that any prospective homebuyer would be lucky to snatch up. Due to recent growth and revitalization efforts, Silver Spring contains a wide variety of housing opportunities within a short walking distance of a vibrant downtown.
Silver Spring has a population of over 70,000 residents residing in 26 neighborhoods. Silver Spring has proven to be a positive investment for homeowners. In the past year, appreciation rates have exceeded national averages. Over the past ten years, appreciation rates have reached nearly 70%, well above the national average. Silver Spring's neighborhoods were constructed primarily from the 1940s to the 1960s and from the 1970s to the 1990s. Silver Spring offers a wide variety of housing options, Single Family homes as well as Townhouses and Condos. Neighborhood settings range from urban areas right outside of Washington, D.C., such as Takoma Park, to traditional suburban neighborhoods like Cloverly.
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