Owner: DC Real Estate News URL:http://activerain.com/blogs/dcrealtorjim Join Date: Wed, 14 Jan 2009 14:06:39 -0600 Rating:0 Site Description: News and Information about Washington DC Real Estate Site statistics:Click here
Metro: The Unspoken Rules for Tourists visiting Washington DC 2009-01-14 13:25:12 I suppose every city has its quicks. Washington
DC is no exception. Heck, I think we are the Capitol of Quirkiness!
There are a couple of very important UnspokenRules
when riding DC's Subway system, called the METRO:
Unspoken Rule #1) ALWAYS STAND on the Right-hand side of the escalator. The Left side should be clear for all of us crazy locals rushing to the next train. A t
METRO Station Closures for Inauguration.... More Headaches for DC Residents... 2009-01-14 04:22:01
As if DC residents and Tourists alike don't have enough to worry about.... Metro announced MORE station closures; for the sake of security.
The Mt. Vernon Sq/7th St Convention Center Metrorail station on the Yellow and Green lines will close at 7:30 a.m. YES 7:30 AM !
The Judiciary Square Metrorail station on the Red line will close at 4 p.m.
This is because they are close to lo Read more:Station
, Inauguration
Washington, DC : Market Update 1/12/09 2009-01-12 13:56:59 Current Number of Homes Active and Under Contract in the Washington
DC area:
Here is the breakdown as of January 12th, 2009
While Inventories have dropped over the past several weeks; they remain higher than the same time last year.
One of the most surprising numbers I see; is the extremely low number of DC Properties Under Contract; especially in the condo market (30% Lower than Last Y Read more:Market
, Update
For Sale - Washington DC Row House 2009-01-10 12:18:43
Beautifully Renovated Row Home
148 Todd Place NE, Washington
, DC 20002 View Map
This is the one! This wonderfully renovated, end-unit Row House
features a bright southern exposure bringing in tons of natural light. The custom kitchen features granite counters and Stainless Steel appliances. The restored hardwood floors are beautiful. This home features 3 bed
So you have decided to come to DC anyway? 2009-01-10 10:00:03 I have written several posts about why it may a good idea to LEAVE town for this historical event - many folks ARE in fact coming to town. So what should you know?The use of public transportation will be key during this week of events. Here are some important tips about the Washington DC METRO:--Metro will be operating at FULL Capacity all day long (4am until 9pm) and remain open until
My Favorite 2008 Transformations...I couldn't pick just one! 2009-01-10 08:40:04 If these are not great examples of staging a home - I don't know example I could show?! Here is a great post and some wonderful before and after pictures.
If you were a buyer; which home would you buy?
Via Teresa Meyer-Home Staging Cincinnati-OH. Stage a Star: Home Stager Cincinnati (Stage a Star Staging & Consulting Services):I just couldn't let 2008 slip away without showin Read more:Favorite
New Years Resolution or Daily & Weekly Goals? 2009-01-10 08:03:53
Every year I (along with everyone else); make some sort of New YearsResolution
. It usually involves losing weight, going to the the gym more, or some other crazy promise that by January 3rd - we have already blown. Of course once you break the New Years
Resolution - most folks just give up and wait until next year.
Well that seems silly to me! We need to set New Year Read more:Daily
, Weekly
, Goals
Interest Rates - Near Record Lows 2009-01-09 21:47:15 A few weeks ago I was so proud of myself for doing a Refinance on my Primary home. I wasn't sure the rates would stay where they were (that was at 5.5%). Now the rates are even lower!
This may be a sign of a bad Real Estate market; but only a fool should pass up these fantastic InterestRates
! I am hearing of 4.75 to 5% for a 30 year fixed loan. AMAZING !!!! Read more:Record
, Interest Rates
Inauguration Mess -- I'm Skipping Town! 2009-01-09 21:31:09 My Pal Brian from Across the River in Virginia shares my thoughts of the mess of Inauguration
!Via Brian Block -- Northern Virginia & D.C. Real Estate (RE/MAX Allegiance):Inauguration Week is less than 2 weeks away. For people who supported Barack Obama, January 20th will bring exhiliration, excitement and optimism. For those who voted for McCain/Palin, this month's Inaugurat Read more:Skipping
More News on the Inauguration... 2009-01-09 21:13:46 As per several of my previous posts; many, many folks are trying to rent out their homes for the influx of visitors to the Washington DC area. Well it seems that supply has reached a huge amount and the demand isn't all that.
The Washington Post Reports that there is, in fact, a huge amount of Inventory. This Article in the Post lays out: Don't expect to rent out your place. &nbs Read more:Inauguration
Washington DC Inauguration Crowds are coming - Get out of Town! 2009-01-09 20:59:02 Everyone is talking of the huge crowds coming into the Washington
DC area for the Inauguration
- and the fact that traffic is only going to get worse.
Just this evening I went to dinner with friends on the other side of town. After dinner I headed home (1.7 miles away). First there was a Mot
orcade coming from the White House which made the already crowded streets worse! Read more:Crowds
Stop it, and make it happen! 2008-12-29 09:46:18 I know what side of the story I am On. What side are YOU ON?
Thanks for these words of Wisdom Darrin.Via Darrin Friedman - Coldwell Banker Chevy Chase:There is a new development out there. It’s not made of brick, or stone. It does not have granite or a Plasma TV given away at closing. In fact, it is not a physical development at all - it’s a psychological
Washington, DC : Market Update 12/29/08 2008-12-29 08:06:20 Current Number of Homes Active and Under Contract in the Washington
DC area:Here is the breakdown as of December 29th, 2008Here are the number of homes on the market including the number of homes that were taken Off (EXPIRED) the market last week. Washington DCSingle Family: Actives: 2005 (Down 12 from last week) Expired Read more:Market
, Update
Interest Rates - What are they doing ? 2008-12-28 20:58:34 With the recent news of lower InterestRates
; I am gettng calls every couple of days with folks asking; "What have they done today?"
While every bank differs slightly; the averages are below. Source: BankRate.com
30 Year Fixed 5.36% Up from 5.27% Last week
15 Year Fixed 5.23% Same as Last week
5/1 ARM 5.84% Down from 5.87% Last week
Of course Read more:Interest Rates
, doing
How many homes are selling in DC this month? 2008-12-28 20:29:19 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
& Read more:selling
Great Place to Find Foreclosure Listings 2008-12-28 19:40:18 Many weeks ago I wrote a post about it being difficult for the public (and the agents) to search exclusively for Foreclosed Properties. The few web sites that are
out there; want to charge for this information.
Well someone at my company heard our cries and now Coldwell Banker offers this search. I have tested it and seems to only have Bank-Owned properties in the Read more:Great
, Place
, Foreclosure
A Short Sale is NOT a "Get out of debt free card" ! 2008-12-27 21:44:34 I have been hearing and seeing some things that are getting on my nerves. Sellers who think that they can use the Short
Sale process as a "get out of debt free" card.
More and more sellers are finding they want to move and can't. Between stories from friends and colleagues, questions on sites like Trulia, and emails from past (and present) customer and clients; many folks think th
Just a Few Suggestions that Might Help - Real Estate Sales Tips 2008-12-27 21:13:33 Here are some great tips from one of my favorite bloggers way town in Texas!
Read and enjoy...
Via Jason Crouch, Broker - Austin Texas Real Estate
(512-796-7653) (Austin Texas Homes, LLC):I had a few recent experiences that made me want to write a post with tips for new and newer real estate agents who are trying to make it in this challenging business.
TIP #1 - MLS PHOTOS
Keep in mind that Read more:Sales
, Real Estate
This says it all... 2008-12-25 07:49:50 Had to post this; especially for you Barbara!
And more pictures - for those of you in warm climates!
Happy Holidays !
Merry Christmas to All... 2008-12-24 21:45:17
I know these days we are all uptight about wishing MerryChristmas
instead of Happy Holidays. I think I even wrote a blog post about it last year. Well as long as everyone promises not to be offended; Let me say this:
MERRY Christmas to all! I hope everyone has some time to enjoy time with their families and prepares for a very successful and prosperous 2009!
&n Read more:Merry Christmas
Bad News for the Housing Market..... What DO all these numbers mean? 2008-12-24 08:33:51 Watching the News last night; they talked about more bad news for the economy. The news said "Biggest drop in home sales" and "prices drop x%". What they don't say is; Biggest drop as compared to what? Last month? Last Year? 10 Years ago? Prices have dropped compared to what? Last month? Last year?
My father; whom is a very educated man and runs his own IT company; tu Read more:Market
, Housing
, Bad News
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