washington dc real estate: UNDER CONTRACT - 3 Offers in 3 Days ! - 10/08/09 01:50 PM
Yes; thats right.  My team just put a home under contract in near record time.  Buyer's market?  Not in many areas of Washington DC.

 
It is true that there are a few deals to be had out there; however multiple offers and homes selling in days - is happening … (6 comments)

washington dc real estate: Making offers on Foreclosures in DC. A realistic approach. - 04/30/09 05:39 AM
Foreclosures: They are everywhere and Washington DC is no exception.  While the District itself has not been hard hit; some parts of the city have a good number of foreclosed homes and some of the Maryland and Virginia Suburbs have a good supply.
On one of my previous posts about  Bank Addendums...a pain  I wrote about … (3 comments)

washington dc real estate: Washington, DC : Market Update 4/27/09 - 04/27/09 08:03 AM
 
Current Number of Homes Active and Under Contract in the Washington DC area: Here is the breakdown as of April 27th, 2009
Inventory continues to decrease in most area.  More importantly - the number of homes Under Contract are also climbing.
 
Here are the number of homes on the … (0 comments)

washington dc real estate: Washington DC - Logan Circle / Mt Vernon Square Neighborhoods - SOLD - 02/14/09 03:29 PM
Here are the Properties that sold in this Washington DC Neighborhood:  Feburary 1-13, 2009Type of Property      #BR/Baths                 List Price           Closed Price     # Days on Market      Row House                4/2                        $285,900            $285,000                  64            Row House                3/2.5                     $499,000            $492,500                  372Condo                       2/1                        $484,555 … (2 comments)

washington dc real estate: Washington DC - Tops the List for the Best place to buy Real Estate! - 01/29/09 04:58 PM
No this isn't a story that was made up some some over-zealous Realtor in Washington DC; nor is a story written by the National Association of Realtors.  This is a TRUE Article by Forbes Magazine.
Forbes Magazine has named Washington Dc as the best place to buy Real Estate.  Since Washington DC … (0 comments)

washington dc real estate: How much IS that DC Condo? - 01/22/09 02:33 PM
Below is a chart; showing the Average Condo List Price; for several Washington DC Neighborhoods.  Cleveland Park and Adams Morgan; continue to have some of the most expensive condos in the city.  While the Brookland neighborhood in NE DC, has much more inexpensive condos for sale.
 
 

 
* … (2 comments)

washington dc real estate: Condos on the Market in Washington DC - 01/22/09 02:21 PM
Below shows the number of condos currently for sale in a few of the Washington DC neighborhoods.  
As you can clearly see; the popular Adams Morgan Neighborhood, has a surprisingly high number of 2 bedroom condos currently on the market.  A great many of these are new construction units which … (0 comments)

washington dc real estate: How many homes are selling in DC this month? - 12/28/08 08:29 PM
Well the month is not over; but here is a look at some Home Sold Statistics for various Neighborhoods in Washington DC:
Satistics are from December 1-28th
 
Capitol Hill    Sold Properties: 26     Min Price: $187,000  Max Price: $1,050,00   Ave Price: $525,426   Ave Days on Market: 52
                      Current Active Listings: … (0 comments)

washington dc real estate: Real Estate in DC - IS Alive NOT Dead ! - 11/18/08 10:30 AM
We all watch the news; and it always says how bad things are in the Real Estate business.  The market is so bad.  You cannot get a mortgage. Interest rates are high. Real Estate agents are leaving the business in droves.  These are things we often hear; but is there any … (1 comments)

washington dc real estate: How to find Foreclosure listings for free??? - 11/12/08 09:40 AM
Finding Foreclosure listings on the Internet is not an easy task.  Even as a Realtor, it is often difficult to sort the Foreclosures from the short sales from the regular sales.
I was so excited this morning when I noticed that a company called RealtyTrac, (a Pay-for service) was advertising their very extensive … (2 comments)

washington dc real estate: Washington, DC : Market Update 11/10/08 - 11/11/08 10:50 AM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of November 10th, 2008
Even with worries on the Financial Markets; the number of homes for sale in the DC Real Estate Market; looks much like it did last year at … (1 comments)

washington dc real estate: Washington, DC : Market Update 9/22/08 - 09/24/08 11:11 AM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of September 22nd, 2008
This week inventory levels are up slightly; which is normal during the Fall "Selling Season". 
Montgomery County and Arlington County; continue to have inventory levels close to last year.
Washington DC, … (0 comments)

washington dc real estate: There are deals out there... you just gotta look! - 09/10/08 10:07 PM
This summer I have had the privledge in working with several buyers over the past couple of months.  Here are examples of the savings:
Capitol Hill Condo:
Reduced from $249,500 to $214,500... SOLD for $200,000 ---Saved $14,500 from 35k Price Drop !!
Brookland Single Family Home:
Reduced from $465,000 to $359,000... SOLD for … (3 comments)

washington dc real estate: Washington DC - Logan Circle / Mt Vernon Square Neighborhoods - SOLD! - 09/06/08 02:42 PM
Here are the Properties that sold in this Washington DC Neighborhood:  August 2008
Type of Property      #BR/Baths                 List Price           Closed Price     # Days on Market
Condo                       2/2                        $799,900            $765,000                 598* 
Condo                       2/3                        $535,000            $505,000                 290       
Row House                2/1.5                      $410,000            $412,000                 312            
Row House                4/3.5                    $1,150,000          $1,010,000               148
Row House                5/2.5                      $655,000            $655,000                 191
Condo                       2/2                        $749,900            $735,000                 163
Condo                       2/2                        $499,900            $499,900                 171
Condo                       1/1                        $394,000            $375,000                 118
Condo                       3/1.5                     $449,900            $427,000                   98
Row House                 3/1.5                     $229,900            $216,000                 131
Condo                       3/2                        $799,900            $752,000                 125
Condo                       0/1                        $299,900            $290,000                 … (0 comments)

washington dc real estate: Yes; rent is EXPENSIVE in Washington DC… - 09/05/08 02:00 PM
Between this blog and folks finding me on other various websites; I am often asked about helping renters look for an "inexpensive" rental apartment.
While I do not specialize in working with renters; I do always offer what advice I can - and steer them in the right direction if I … (4 comments)

washington dc real estate: It's Tuesday - Take down those Open House Signs... - 07/22/08 01:58 PM
One of big pet peeves is and always has been politicians putting up "Elect Me" signs all over - and then leaving them up after the election.
Well guess what - Realtors do the same thing - and it bugs me!
It my neighborhood; I saw 2 different agents putting up … (7 comments)

washington dc real estate: Condos and Pets - Listing Agents do not make the search easy! - 06/17/08 08:53 PM
Today there are many home buyers who either own a pet or want a pet.  As a dog owner/lover myself - I understand first hand; the frustration of looking for a condo which allows dogs.  Especially dogs that are over the 20-30 pound range. 
One of the obstacles put in front of Realtors … (11 comments)

washington dc real estate: Listing Agents: If you want your listing shown : Call me back ! - 06/13/08 09:44 AM
Sometimes it is hard to find something to write about.  Some folks love loads of numbers, charts and statistics - but that can get boring!  However it seems lately; I am coming across several "issues" that I find myself writing about.  (Some would say my list of "Pet Peeves" is growing … (9 comments)

washington dc real estate: My Favorite Listing Comments of the week... - 06/10/08 09:35 AM
OK - so every week I find a listing that I laugh at - then I get sad because there is something so wrong about it - that I feel bad for the Seller who chose this agent to represent them.
Ultimately; I learn which Broker I would never want to … (15 comments)

washington dc real estate: Washington, DC : Market Update 6/2/2008 - 06/02/08 07:42 PM
Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of June 2nd, 2008
A huge number of homes came off the market at the end of May.  This has lowered the Inventories in the DC market this week.
Next week will help … (1 comments)

 
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James Downing - REALTOR®,GRI, ABR - DC Real Estate

Washington, DC

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Coldwell Banker Residential Brokerage

Address: 5028 Wisconsin Ave NW, Suite 100, Washington, DC, 20016

Office Phone: (202) 362-5800

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