Yes, people in the real estate industry have been talking about raising interest rates for years now.  Let's face it - who knew that rates would have remained this low for this long. I bought my 1st home in the 90s with 8.75% interest rate and thought that was great.   I re-fied my 1st condo in W...
I read a good article this week :   about the use of drones for real estate photography.   Currently in the US; the FAA does not allow the use of drones for commercial purposes.  Our neighbor to the north; Canada - does allow t...
So what was the most expensive home sold in DC last month?  This NW DC gem; located in Cleveland Park.It sold for 5,950,000.  It was listed for 6.5 mil; and sold for CASH in 129 days.  Impressive.       Property sold by Marc Fleisher of Long & Foster Real Estate, Inc  
One of the new and popular (and somewhat controversial) trends in today's real estate is the promoting of properties before they are ready to officially hit the market.  This "coming soon" idea comes in many forms.  Good idea?  Bad idea?     Real estate is not; nor will it ever be "one-size fits ...
Home Buyer’s most always ask for a Home Inspection as part of the Buying Process. Inspections typically take about an hour for a condo or 2-3 for a single family home. We would like to share the Top items that inspectors often find and cite as issues in their reports:   1)Dirty Furnace Filter.  R...
This is the question we are often asked by buyers; many of whom are not very familiar with the DC area.  METRO; is the name of our mass transit system; which includes subways (which run above and below ground) and a bus system. Because of the design of the train lines (subway); many DC neighborho...
While the DC Real Estate market is having a small seasonal slow-down - it's not SLOW and buyer's don't have the luxury of moving slowly. We have had buyers tell us; well let's see that house next week or after my 10-day vacation. Well don't expect that home to still be available.  A seasonal slow...
Washington DC continues to have a strong sellers market and proves to be a challenge for buyers.  Although I am seeing a few signs of cooling down, I believe much of the slow-down is seasonally related. Summer is slower as many folks are heading on vacation or trying to beat the humid 90 degree d...
One of the most confusing things my team deals with on a daily basis is responding to questions from home buyers - and not getting a reply back.  Sometimes the reply comes back with a "stop bothering me" email reply.  Huh?  But you contacted us?   Most Home Buyers today start their research and h...
So you are under contract and you are negotiating those home inspection items and the seller just refuses to address that very last fix.  You know the one - the one you swore you would not budge on.  That was the one item that the seller just HAD to fix.     Home buying is a crazy emotional rolle...

James Downing - Metro DC Houses Team REALTORS®, CRS, GRI, ABR,MRP, MilRes

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