washington: H St NE Streetcar and real estate
- 08/22/14 09:03 AM
One never know why a neighborhood or subdivision goes pop. But pop they do.
H St NE, aka Atlas District, has been moving up & quick for the past 2-3 years.
Everyone knew the streetcar was coming (but I'll point out it's not connected to the Metro/subway).
It's been a long time coming, several delays, but now they are testing the cars.
My question is: when do we see another pop in pricing? I expect very soon, because, now, it's real.
We saw this happen a few months ago with the Metro Silver Line extension. As soon as the trains … (1 comments)
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washington: Super Bowl Sunday Opens
- 01/30/14 11:50 AM
In the Washington DC market, spring usually comes to life a week or two after Super Bowl Sunday. Prior to that time, we've usually had a winter lull. Of course, NO ONE works on Super Bowl Sunday, and our friends & families are grateful for that.
January 2014 seems to be a different year. While January 2013 was quite robust, we did settle down for Super Bowl weekend. This year, my buyers are desperate. At the office staff meeting, another agent and I clearly stated that we were Opening & Showing on Sunday. Some of the agents (and I'll suggest they … (1 comments)
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washington: Artomatic 2009
- 05/27/09 04:44 PM
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.
… (0 comments)
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washington: Walking/Biking Tours, Sat-Sun 05/30-31/2009
- 05/27/09 04:42 PM
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.
… (0 comments)
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washington: $8k Credits and DC $5k Credits
- 05/27/09 04:39 PM
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 … (0 comments)
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washington: Auctions
- 12/23/08 05:08 AM
Auctions…they are just so 19th century, right? Several months ago, I went to one with a buyer, for a home she had in mind in Reston, VA. She had a budget. Auction bidding went right past it. She eventually got a home on the street that she also loved, though at a higher price.
There are auctions every month or so, by different companies, for multiple properties. If the auction meets my buyer’s criteria, I will help them out. My goal is for them to buy a home, and any valid means which get us there are viable. You also will … (0 comments)
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washington: DC Homebuyers Tax Credit 2008 & 2009
- 10/14/08 10:30 AM
For several years, first time DC home buyers have been eligible for a $5000 tax credit.
With the recent passage of the 2008 Economic Stablization Package signed last week by Congress & the President, this provision is extended until the end of 2009. You can see this on page 14 of this “Economic Stabilization Act of 2008” Senate summary document.
There is also more information on this First-Time Homebuyer Individual Income Tax Credit program at the DC tax webpage.
This credit is in addition to the Federal $7500 credit which was part of the Federal Finance Housing Regulatory Reform Act of … (0 comments)
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washington: "The Next Hot Spot" Washington Business Journal
- 08/28/08 03:44 AM
Just published, though I'm not sure how the Washington Business Journal selected the neighborhoods. The metrics are listed, but why would Capital Riverfront or Brookland not be included? I'm in agreement with some, and not fully convinced of others. The thinking is aligned with Richard Florida, who is becoming the Jane Jacobs for our generation. Those identified are hot, be that in 2008 or a few years later if any or my arguments were to hold water. The neighbhoods are:
District:
Anacostia Fort Totten Hill East Poplar Point Maryland
Gaithersburg Greenbelt Laurel Landover Mount Rainier Virginia
Braddock Road Columbia Pike Occoquan … (0 comments)
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washington: DC Neighborhoods - another view
- 06/23/08 06:41 AM
Many times, working with buyers, I'll hear "so, what's this neighborhood like". This will come from people moving in from outside the area, or, at least across the Potomac. If the question comes to me in my market, I can provide some suggestions as to what others think and what I think; if the buyer has ended up 5 miles away from our original market, and hence, outside of my comfort zone, then I can't be much help.
The Washington City Paper has it's uses, though it will never replace my morning Washington Post time. WCP's target reader is also somewhat … (0 comments)
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washington: Another View of Conditions
- 06/23/08 06:40 AM
The DC Chamber of Commerce has just published their 2008 State of the Business Report.
It's fairly predictable in that while there is a national economic slowdown (or use the R word if you wish), the local area is somewhat protected by Uncle Sam and a diverse economy. Notes of caution as unemployment is ticking up, albeit less than the national average. The urban center, DC itself, is higher.
And of course, no economic report can not discuss real estate. The cost of housing is higher relative to income than we'd like, which is not an attraction to business, nor to … (0 comments)
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washington: Suburban Life in Metro Washington DC
- 05/16/08 08:37 AM
If you live here, you know; and if you don't, it's a pseudo-secret. TV shows & movies portray a laid back, albeit thrilling life in this town. But the travel agents also point out the local attractions, including museums & theater. This area also has a very educated populace, which shows in bookstores and local activism.
For those who don't want the excess of life in the downtown area, there are some suburban neighborhoods, and there are some top class suburbs, cities in their own rights.
Forbes recently highlighted a few, in both Maryland and Virginia. I'd also add Reston,VA … (0 comments)
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washington: Metro Washington Congestion
- 05/08/08 07:27 AM
A few weeks ago, Forbes published it's list of most congested cities. Oh joy, we made the list! Washington, DC made the list at #1.
Hardly newsworthy to the locals, and this does help those on the Washington Metro understand why they are packed in tight, the system averaging 800,000 riders daily in April 2008.
This fact of life also helps understand why home prices inside the Beltway continue to rise, while those outside, on the fringes of the Metro Washington DC area, those home prices are in a tailspin, still dropping.
Real estate is local, I often say "hyper local". What's happening to … (0 comments)
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washington: 1020 Fairmont St #3, Washington, DC 20001
- 04/24/08 03:47 AM
www.WashingtonDCRealEstateLink.com
… (3 comments)
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washington: Walking Tours, Sat 4/26/2008 Washington, DC
- 04/24/08 03:44 AM
This weekend is to be great weather, and a good excuse to get out and explore neighborhoods.
There's a great group, Cultural Tourism DC, and this weekend, they will have many tours;
The Capitol Hill Saturday and Sunday tours are:
Capitol Hill (mostly fully booked) NoMa tours will showcase the area north of Mass Ave & Union Station There will be H St and H St alleys tours Capitol Riverfront (aka Navy Yard/Baseball Park) and a whole set of others, as this program is growing For more info, check out their calendar, and have a great tour.
In prior tours, I've gotten my dog to … (0 comments)
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washington: 612 G Street NE, Washington, DC 20002 - Sold!
- 03/05/08 08:20 AM
Prestigious turnkey home on Capitol Hill
$709,000
3 floors; 3 bedrooms plus office; 3 baths
Granite and Stainless Renovated Kitchen;
Full Dining Room plus a Breakfast Room;
Lower Level Au Paire Suite
Comforts of Home You Deserve
Victorian Charm with 2008 Conveniences
Three full floors with bump-out
Main floor is open
Gourmet Kitchen
Gated rear with Deck and Parking
Large Owners Suite
Skylight for natural light in upper level
South facing bay windows - lots of light
High ceilings and crown moldings
Walk to Congress or Union Station
Click her for a map of 612 G … (8 comments)
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One never know why a neighborhood or subdivision goes pop. But pop they do.
;)
;)
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