washington dc: DC Housing Market sure better than much of the country. - 11/02/09 08:31 PM
I have said it before and I will say it again. The Housing market in Metro Washington DC - is good.
Just this week; an out of town buyer was shocked when I told her that the 10 of the 14 homes she asked to see last week - were Under … (6 comments)
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washington dc: Washington, DC : Market Update 10/13/09 - 10/14/09 09:06 AM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of October 13th, 2009
Even though there were many homes which came off the market (expired listings); few came back on the market this week.
Still the general trend … (1 comments)
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washington dc: Washington, DC : Market Update 10/8/09 - 10/08/09 02:29 PM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of October 8th, 2009
The number of properties on the market continues to drop as the number of homes under contract rises. The end of a month always sees … (0 comments)
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washington dc: The DC Metro ... What a Mess ! - 10/04/09 09:04 PM
Metro: The name for the Washington DC's Mass transit system. Like the "el" in Chicago or the "T" in Boston; 'Metro' is the Mass Transit system of our Nations Capitol.
So why then are we so embarrassed? The truth is: Metro seems like bad dream. From horrific accidents by failed systems on … (3 comments)
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washington dc: Washington, DC : Market Update 9/29/09 - 09/29/09 07:51 AM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of September 29th, 2009
The number of properties on the market continues to drop as the number of homes under contract rises. Most notably; Single Family Homes in both DC … (0 comments)
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washington dc: The DC Real Estate Market - 09/26/09 08:20 AM
Here are some statistics as complied by our Multiple Listing Service for the month of August.
These numbers are comparing against August 2009 vs August 2008:
Total dollar amount of sold homes: $280,734,055 Up .59%
The Average SOLD Price: $466,336 Down 16.29%
Total Homes Sold: 602 Up … (1 comments)
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washington dc: Welcome to DC; now don't get lost ! - 09/18/09 10:03 AM
For those people who move to Washington DC; finding your way around can be the 1st biggest challenge you face! 2nd of course is parking - but you can't park if you can't find where you are going!
Washington DC's streets was designed to "confuse invading armies". I think it was … (2 comments)
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washington dc: Washington, DC : Market Update 9/8/09 - 09/08/09 08:51 PM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of September 8th, 2009
The number of properties on the market continues to drop. Sales and inventory tend to be at one of it's lowest points in the month … (0 comments)
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washington dc: Your Counter-Offer is WHAT ?!?! - 08/04/09 10:47 PM
There are some places in Washington DC that are unique. Neighborhoods that have a huge appeal and retain their value. That being said; while the market in Washington DC is doing well - it's hardly a "boom".
One neighborhood which I have had the privilege of working quite a bit … (4 comments)
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washington dc: Washington DC - Logan Circle / Mt Vernon Square Neighborhoods - SOLD - 08/04/09 09:27 AM
Here are the Properties that sold in this Washington DC Neighborhood: July, 2009 Type of Property #BR/Baths List Price Closed Price # Days on Market
Condo 2/2 $549,900 $520,000 415*Condo 2/2 $545,000 $525,000 402*Condo 2/2 $555,000 $530,000 393*RowHouse 2/2 $689,000 $651,990 305Condo 2/2 $899,900 $837,500 200Condo 1/1 $260,000 $260,000 107Condo 1/1 … (0 comments)
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washington dc: Washington, DC : Market Update 8/4/09 - 08/04/09 08:27 AM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of August 4th, 2009
The number of properties on the market has taken a large drop; which is typical for the summer season in the DC Metro area. Sales and … (0 comments)
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washington dc: Washington DC - Sales remain strong - 07/30/09 08:58 AM
As my last post said - the Real Estate market is going strong in Washington DC. Now I don't want people who read this think it's all roses here - or that anything will sell - that is simply NOT true.
But what the data shows is that the market in … (0 comments)
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washington dc: Multiple Offers - still happening in DC - The Times are Changing... - 07/29/09 09:49 AM
I have mentioned this before - and it is still happening. Now don't get me wrong - not every home has multiple offers; nor do I ever want to see that again!
Just yesterday my team had an offer which we lost in multiple offers. Ours was a full-price, all cash … (3 comments)
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washington dc: Washington, DC : Market Update 6/29/09 - 06/29/09 08:51 PM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of June 29th, 2009
Washington DC continues to see the number of properties Pending; as the highest numbers since 2007; while inventory levels remain fairly steady.
Prince Georges County continues to … (3 comments)
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washington dc: STOP - The Multiple Offers !!! We are not used to this !!! - 06/24/09 08:10 PM
It's a Buyer's Market Right? Well not so fast. Multiple Offers are back - and back in force.
It seems almost every offer I am writing now is in Multiple Offers. One set of clients have lost 2 (damn close to full price) offers in the past week. We are … (4 comments)
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washington dc: DC Tax Law Change: Major Change for Co-Operative Owners !!! - 06/17/09 04:24 PM
In Washington DC we have many Co-operatives. Co-ops are not found all over the country; just mostly in cities like New York and Washington DC.
One of the Major Benefits about Co-ops have been the fact that Buyers and Sellers have not had to pay the Washington DC Transfer … (5 comments)
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washington dc: Is it OK to video someone's home and post in on your blog? - 06/17/09 10:05 AM
It seems every day a new Blog or Blog site pops up. This is especially true in Washington DC. Over the past few weeks; there has been a well written; and very sleek and sexy looking blog site that is growing.
This site sells ad space and promotes listings, open houses, talk about … (38 comments)
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washington dc: Lawsuits + DC Condos = Lenders not giving loans.... - 06/09/09 09:09 PM
While the Real Estate market in the Washington DC area seems to be seeing new life - the condo market continues to face turmoil.
One of the latest issues is reports of various condo buildings not being given loans due to lawsuits. In one condo builing in Logan Circle; a bank … (4 comments)
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washington dc: Washington, DC : Market Update 6/2/09 - 06/02/09 09:03 PM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of June 2nd, 2009
The number of properties under contract are at HUGE high levels. In DC; there are more homes under contract at one time than there has been for … (1 comments)
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washington dc: It's a good thing the Real Estate Market is "BAD" - 05/21/09 10:02 AM
We all know how "BAD" the Real Estate market is. People are still talking about it; I see it in the newspapers. It MUST be TRUE !
So then can someone tell me why:
I have had multiple clients get out-bid (with their full-price offers) on properties they wanted … (6 comments)
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