washington: DC Waives Taxes on Inauguration Rentals - 11/24/08 12:22 PM
D.C. Government Relaxes Some Tax Laws for Inauguration Rentals The D.C. Office of Tax and Revenue will suspend its sales tax on property rentals to transients for residents who want to rent their apartments or homes to out-of-towners for the inauguration.
The city usually assesses a 14.5 percent tax when a … (0 comments)
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washington: Washington DC Not Funding HPAP in 2009 - 11/18/08 06:42 PM
Last Monday, November 10, the DC Council passed the “Fiscal Year 2009 Balanced Budget Request Emergency Act of 2008”. There were no public hearings on this legislation. The legislation passed unanimously by a vote of 13-0 with only Councilmember Marion Barry asking for a delay in the vote for public … (2 comments)
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washington: Long & Foster Unveils New Foreclosure Search Engine - 03/16/08 09:25 AM
In the past, accurate foreclosure information was difficult to find and time consuming to compile. Long and Foster has released its new searchable foreclosure database for the greater D.C. metropolitan area. We believe that everyone should have access to information on below-market properties:
http://www.foreclosures.longandfoster.com/
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washington: DC's Hottest Thing Going - NoMa - 03/13/08 02:58 PM
As I am sure many of you have heard, there is a huge amount of new development currently taking place (and slated to take place) in what is called the NoMa Business Improvement District of DC. NoMa is short for North of Massachusetts Avenue. Over the next 5 years, an enormous amount … (0 comments)
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washington: Promising News - 03/12/08 05:12 PM
This is a great article just out by Scott Burns of MSN Money. It shows some comforting statistics. Among the better news, 99% of homes across the country are not in foreclosure. Though foreclosure rates have jumped significantly in the past year, less than 1% of homes are in foreclosure. Further, … (1 comments)
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washington: Best Time To Buy In Past 4 Years - 03/04/08 03:59 PM
CNN Money says that now is the best time in the past four years to buy a home. Prices have dropped and interest rates remain at record lows.
http://money.cnn.com/2008/03/04/real_estate/markets_less_overvalued/index.htm?postversion=2008030413
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washington: New Listing! Foxhall Village Rowhouse! - 02/26/08 10:14 AM
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washington: Happy New Year! - 01/16/08 03:22 PM
Kick start your new year with a new apartment!
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washington: Economy.com Predicts Increased Sales in DC - 12/04/07 01:37 PM
"To find those areas which are expected to experience increased sales, Forbes paired with Moody's Economy.com to research current home sales patterns and sales projections in the country's 40 biggest real estate markets. Based on models that estimated 2008 housing inventory, sales rates and turnover, they arrived at a list of … (1 comments)
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washington: Doom and Gloom - 11/28/07 11:18 AM
I know we all keep hearing reports of doom and gloom in the housing industry. Here is a link to just one of many I have read recently:
http://articles.moneycentral.msn.com/Banking/HomeFinancing/HousingCrunchsHardestHitCities.aspx
What is the first and foremost rule of investing? Buy low, sell high. Now, I know for those of you who are contemplating shopping for … (0 comments)
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washington: Random Thoughts - 11/15/07 01:19 PM
Today, I am finalizing plans for a new method of building my business. Since farming mailers are expensive and not very effective because they lack personal contact, I was trying to come up with a way to make personal contact with potential clients. The downside here, of course, is that you … (9 comments)
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washington: Glover Park Market Statistics - 11/14/07 11:28 AM
Yesterday, I told you all about my neighborhood of Glover Park. Today, I am giving you an idea of what your money can buy you in Glover Park. Here are sales statistics for Glover Park for the past 30 days. Of course, there are many things listed above these asking prices, but … (0 comments)
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washington: Glover Park Link - 11/13/07 04:59 PM
Here is a great link to the Glover Park residents home page. I forgot to mention that we also have a Washington Sports club and a wonderful day spa called Soma. There is a wide variety of apartments, condos, rowhouses, basement rentals, and some detached houses to choose from. Street parking … (0 comments)
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washington: Neighborhood Spotlight: Glover Park - 11/13/07 04:52 PM
This week it is time to put a spotlight on my favorite DC neighborhood: Glover Park. I personally live in Glover Park, and I love it. The perfect thing about the area is that it is a wonderful combination of small town and big city. It's only drawback is that it … (1 comments)
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washington: Room Service to Your Condo? - 11/06/07 03:04 PM
I read an interesting article today in the Washingtonian discussing a new trend in condominium development happening in the DC Metro area. In an effort to stand out above the competition for condo buyers, many developers now are building condominiums with the epitomy of luxury lifestyle built right in. The majority … (0 comments)
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washington: Neighborhood Spotlight: Dupont Circle - 11/06/07 12:05 PM
Here are sales statistics for Dupont Circle for the past 30 days:
Size Avg List Price Avg Sales Price Avg Subsidies Avg Days on Mkt
Studio $237,075 $235,850 $4,724 32 Days
1 BR $322,160 $322,650 $2,483 19 Days
2 BR $736,143 $735,785 $2,796 47 Days
3 BR $915,000 $900,000 $35,000 91 Days
4 BR $795,000 … (0 comments)
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washington: Off to the (Drag) Races! - 11/06/07 11:57 AM
Every year around this time, drag queens from all over the country line up on 17th Street in Dupont Circle to race 3 blocks in full costume and... HEELS! A few friends, my hubby, and I attended the drag races last Tuesday night. This is the 22nd year these races have … (2 comments)
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washington: Details on October DC Sales With Emphasis on Georgetown - 11/01/07 11:39 AM
October 2007 - DC (Actually 9/30 - 10/30)
Fee Simple - Total properties coming under contract were 303. Following are the companies with the greatest number listed:
LNF - 82
CBRB 43
WFP 15
TTRS 12
Condo/Co-op - Total properties coming under contract were 270. Following are the companies with the greatest number listed:
LNF … (0 comments)
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washington: Fed Cuts Rates - 10/31/07 03:48 PM
As expected, the Fed cut key interest rates today:
Breaking News Alert The New York Times Wednesday, October 31, 2007 -- 2:18 PM ET -----
Fed Lowers Key Interest Rate by a Quarter Point
The Federal Reserve cut the benchmark federal funds rate by one quarter-point to 4.5 percent.
Read More: https://owa.longandfoster.com/exchweb/bin/redir.asp?URL=http://www.nytimes.com/?emc=na … (0 comments)
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washington: SMART COOKIES!! - 10/31/07 01:18 PM
You real estate consumers out there are an educated bunch. And very bookish! Nothing better than an informed and well-educated client. Click here to see a list of the top 10 real estate books that are being read today:
http://narblog1.realtors.org/mvtype/theweeklybookscan/2007/10/top_10_real_estate_books_10150.html
I personally own Real Estate Investing for Dummies and Flipping Houses for … (2 comments)
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