first time home buyer: OFHEO Quarterly Report: Washington, DC, MSA Statistics - 12/17/07 12:42 PM
For the first time in almost 13 years OFHEO's quarterly report, released November 29, showed a quarterly decline in average housing prices. Unlike other studies, the index tracks actual value shifts in existing houses whose mortgages are owned or included in securities guaranteed by Fannie Mae or Freddie Mac--and therefore is … (3 comments)
To view last month's market update, click here. Source: MRIS data as of 12/15/2007. All data deemed reliable but not guaranteed. Sign up for one of my free "First Time Buyer Seminars" in Arlington to learn … (0 comments)
first time home buyer: 2008 Regional Outlook: "Fundamentals Sound" - 12/12/07 02:17 PM
George Mason University has updated their 2008 Outlook for the Washington, DC, metro area. It’s fairly consistent with previous presentations (perhaps slightly more positive, in my opinion.) Here are the key findings: Local job market continues to be very strong, with Washington, DC, having the lowest unemployment rate of the … (0 comments)
first time home buyer: Tax Tips for Home Owners - 12/01/07 10:01 AM
Buying a home can bring a number of changes into your life, including financial ones. But for first time home buyers, those financial changes can be good news, especially at tax time. Most people know that there are significant tax benefits to buying a home, but often aren't clear on … (2 comments)
first time home buyer: When Will the Real Estate Market Turn Around? - 11/21/07 09:36 AM
March 22, 2008. I'm just kidding, of course. I wish I had a crystal ball to be able to answer that directly. No one knows for sure, obviously; it ranges from the NAHB's projection of 2008 (ever notice how industry projections are always six months from the date of the projection??) to … (12 comments)
first time home buyer: Arlington Condos: Bottomed Out in April 2007. Or maybe it was January. No wait... - 11/12/07 06:21 PM
As my clients know, I'm a "numbers person." It's the CPA in me. I love to sift through data, find trends, draw conclusions. I provide a monthly email update to my clients (see my website at www.katiewethman.com to sign up) that includes graphs of average sales prices for Arlington, DC, and … (5 comments)
first time home buyer: DC Homebuyers - $5000 tax rebate! - 11/12/07 11:36 AM
Here's one more reason to buy now, at least in the District: For those that settle on a purchase in DC before December 31, you may get a $5000 credit (not a deduction--an actual dollar for dollar offset on money owed!) on your Federal Taxes. That's the same as Uncle Sam … (0 comments)
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For the first time in almost 13 years OFHEO's quarterly report, released November 29, showed a quarterly decline in average housing prices. Unlike other studies, the index tracks actual value shifts in existing houses whose mortgages are owned or included in securities guaranteed by Fannie Mae or Freddie Mac--and therefore is … (3 comments)
