The D.C. metro area has weathered the ups and downs of the real estate market better than many other areas. The prices never went up as high as some other areas, nor did they drop as much either. According to the this morning's Washington Post, Prices are up from the bottom in the District and No
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01/31/2011
One of the best preserved Colonial Mansions in America, and George Washington really did sleep here many times, is for sale. A quote from the article in today's Washington Post by David Boyce, Executive Director of Long Branch Historic House and Farm: "It is probably one of the most significant
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01/31/2011
Obviously, you would want to consult your tax professional in regard to your personal situation. I found this article valuable to me as I just had a conversation with my tax adviser on the same subject yesterday. If you are planning on taking out a mortgage, refinancing, or just trying to figure
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01/29/2011
There has been a lot of gossip on the looming real estate tax to pay for health care reform, not to mention the proposed phase out of the MID (Mortgage Interest Deduction). The MID is an uphill battle and I suspect, if it is enacted, will fall under the income parameters of the 3.8% tax for real
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01/28/2011
The report looks at cities with a 200,000 plus population. The D.C. area isn't among the top 10 highest or the top ten lowest. However, 2011 looks like another year of opportunity to buy a home, despite local year over year (November to November) increase in prices. The Fed is keeping interest ra
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01/28/2011
Whoopie! It feels like Spring in January here in the frigid D.C. area. I have two clients I am working with that may decide to rent hoping that they can better afford a home in a couple of years. Say What! I try to point out that interest rates are likely to be significantly higher in two years a
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01/26/2011
I often have these questions and I am generally able to explain to my client who does what all along the process. There are certain areas I get into less detail about than others because my focus is on real estate sale and yes I do get into detail on that subject. I highly recommend the Exclusive
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01/08/2011
I don't live or work in Massachusetts but the ruling by the State Supreme Court against Wells Fargo and U.S. BanCorp will likely make the whole foreclosure process a prickly process nationwide. I am unable to explain this better than the article so here it is for you to read and decide.
01/08/2011