What's Selling - DC - Logan/Mt Vernon Square Neighborhoods - 10/29/07 02:09 PM
Properties that sold 10/15 - 10/28
ADDRESS: LIST PRICE CLOSE PRICE DAYS ON MARKET
1420 N St NW #914 $215,000 $205,000 100
2008 10th St NW $205,000 $550,000 104
1115 12th St NW #103 $207,228 $190,000 104
1225 13th St NW #508 $335,000 $330,000 50
1117 10th St NW #613 $425,000 $425,000 10
1245 13th St NW #303 $350,000 $331,000 … (1 comments)
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DC Market Update 10/29/07 - 10/29/07 01:37 PM
Current Number of Homes Active and Under Contract:
Here is the breakdown as of October 29, 2007
The number of homes for sale seem to have started the normal season declines in the past week.
In Prince Georges County - current home inventory levels continue to reach the highest they have been in years.
Here … (1 comments)
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Condo or Co-op? - 10/28/07 09:54 AM
I wrote a similar entry about co-ops a couple of months ago. Here is another approach looking at the differences between co-ops and condos.
What's the Difference Between a Condominium and a Co-op?
What is a Condominium?
Unlike co-ops, condo apartments are "real" properties. Buying a condo is much like buying a house. Each … (2 comments)
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Story of an Appraisal: The property value today - not next week! - 10/27/07 12:13 AM
Last month; working as a buyer's agent, my client finds a great condo she loves. It had been on the market for quite some time and the owner was working with agent #2.
It had been overpriced; but recently reduced. A fantastic view of the US Capitol and the Washington Monument - … (11 comments)
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The Financial Information Sheet - 10/26/07 09:54 PM
While I cannot speak for other Real Estate markets; but in the Washington DC market we have a form that (some) agents use called the "Financial Information Sheet".
This form is meant to be completed by the buyer and basically discloses the entire financial information of the buyer(s). Salary; Employment status; Employer; Assets; … (3 comments)
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Six Pack of what? - 10/24/07 06:57 PM
OK - so it was a busy week and I see my Blogging A/R friends have been busy; while I spent a few days on the beach (in St Maarten).
I see many folks are busy posting their SIX-PACK (their 6 favorite blog posts). I started blogging long before I learned of … (3 comments)
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What are Buyers Closing Costs? - 10/16/07 01:33 PM
When you purchase a home there are many costs and fees that are associated with the purchase of home. Many buyers think that if they can 100% loan they won't need any cash at closing.
The Down-payment (or lack thereof) is only a part of the closing cost of buying a property.
Here is a … (6 comments)
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What's Selling - DC - Logan/Mt Vernon Square Neighborhoods - 10/15/07 07:00 AM
Properties that sold 10/1 - 10/14
ADDRESS: LIST PRICE CLOSE PRICE DAYS ON MARKET
1225 13th St NW #605 $259,000 $253,000 187
1927 11TH ST NW $870,000 $860,000 107
1918 15TH ST NW #2 $799,000 $775,000 87
1750 16TH ST NW #11 $399,999 $389,900 4
2001 12TH ST NW #307 $349,900 $353,000 5
1314 MASSACHUSETTS AVE NW #606 $399,000 $389,000 5*
*Units were part of multi-unit, newly-built complexes; DOM may … (1 comments)
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DC Market Update 10/15/07 - 10/15/07 06:48 AM
Current Number of Homes Active and Under Contract:
Here is the breakdown as of October 15, 2007
The number of homes for sale have increased greatly in the past few weeks. While some increase is generally expected prior to the slow down of the winter months; current home inventory levels in most … (5 comments)
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SW DC - Waterfront Mall Project - 10/12/07 01:23 PM
The Waterside Mall Project in SW DC is waiting for complete change. But when will this happen? In my lifetime?
The Waterside Mall, which is to be renamed Waterfront Mall, sits at the Waterfront-Southeastern University Metro stop. This mall is a key part of the redevelopment efforts along the Southwest and Southeast waterfronts. The Waterfront … (1 comments)
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