DC Real Estate News

There are a great many sellers who must sell their home before they buy something.  However in order to sell - the seller must have something to buy! Yes; but you can't buy if you have to sell.  What do you do?!   First Things First:      Yes; a seller needs to have a place to go when selling; bu...

No; I didn't say Pop-tart - those were a staple of my breakfast diet as a kid.  A "POP-UP" is what is happening all over DC; when a developer buys a row-house and adds (POP-UPs) the top; to add a floor; and ultimately turn the once single-family house; into 3 or 4 condos.   It is happening all ov...

This question comes up quite frequently and one that many home owners struggle to decide which is the best choice for them.  So what questions might you ask when making the decision to sell or rent out your home?   1) Do you really want to be a landlord?      If you don't want to be involved in t...

As a follow-up to my previous post on investors; one of the mistakes new investors make is not hiring and bringing on a real estate agent into the mix at the start.   All investors; but especially new folks getting into the home-flipping game; should get an experienced real estate professional on...

Our new common Call/Email:  "Hi, I'm an investor looking to buy properties. Can you help me?".   Sure you are - so is everyone else in the city.  The problem is the REAL investors can look at a property and know what offer to make and buy it in days; where the "I wanna be an investor" needs a wee...

The DC Real estate market has been hot for quite some time now.  Multiple offers for properties in the right location and condition - and of course priced correctly to start - receive multiple offers.  Average list price to sales price ratio in the zip code is at 100.9%   So our new listing (5 da...

Buyers and Sellers beware - the week before settlement there is a phenomenon known as - "It was bound to break sometime!".  Yes; that washing machine or garbage disposal has worked flawlessly for years.  The inspector gave it a good bill of health - but fear not - it is the week before settlement...

  Most taxpayers know that they will pay a 10% penalty if they withdraw funds from their IRA before they turn 59.5 years old.  There is an exception for first-time home buyers that allows a penalty-free withdrawal of up to $10,000 per person if they haven’t owned a home in the previous two years....

While meeting with a buyer last week - he said; don't worry this isn't my first home purchase. I bought a home 10 years ago and understand the process. Well I have been in selling real estate for 10 years too and I can tell you - it is not the same as it was then.  Sure some of the basics are the...

In our market of Washington DC; the real estate market is ever changing - as in many Metro areas. Prices are on the rise and are ever-changing. One thing we always tell our sellers at our first presentation is; home prices are like the price of gas. As soon as the station across the street lowers...