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Every year, this event continues to grow, with more and more artists and attendance. This event opens Friday May 29th and will proceed until July 4th weekend.

This years installation is at Navy Yard Metro station, at 55 M St SE.

More info than I can properly provide is avaiable at their site.

It will be raining all week, but the sun is here this weekend. Enjoy the city before it gets ugly warm. It's a great time to get out and take a walking tour of different parts of DC this w/e. This recurring event continues to be fun.

Get more info & register at the DC Cultural Tours site.

Across the US, "First Time Homebuyers" are getting a great tax benefit in 2009. To be considered a First Time Buyer in the view of the IRS, you are defined as one who has not owned a home in the prior 3 years.

In Washington, DC, since 1997, "First Time Homebuyers" get a great tax benefit. To be considered a First Time Buyer in the view of the DC Tax authorities, you are defined as one who has not owned a home in the District before. If one owned a home elsewhere, one is still eligible.
IRS Tax credit is for $8,000; DC Tax credit is for $5,000.

Both phase out with higher incomes. Either credit may be used for a buyer in the District in 2009, but NOT BOTH. This is my understanding as I read the NAR guidelines, though I would strongly urge discussion with your accountant.

By the way, First Time Buyers across the US is IRS Form 5405 for $8000, while DC is IRS Form 8859.

Hi all,

This note applies to people who want to buy in 2009, and to people who want to sell in 2009. The logic simply dictates when you start buying or when you choose to put your home on the market.

This note also only applies to buyers who are first-time buyers (ie, no home ownership in prior 3 years), and so, also then only to home sellers who's home would likely appeal to that buyer market.

At the moment, this market is crazy, as bad as 2004. Buyers spend their weekends looking at homes, buyers then make offers at above-asking price. Sellers get to entertain several offers and take their pick.

That's the Washington DC market in the spring of 2009.

I cannot foretell the future, but what do you think will happen this fall, when everyone is racing to get closed/settled prior to Dec 1, 2009 to qualify for their $8,000 tax credit? I think people will get more crazy, prices will shoot up. After Dec 1, we should get back to normal.

So, if you are a seller and can afford to wait until September to sell your home, you'd be best advised to stay put.

So, if you are a buyer thinking on buying this fall, be forewarned.