Tag Archive: DC Area Real Estate

Real Estate’s Game of… “Would you Rather?”

If you have bought, sold, rented, leased, or done any darn thing with real estate you know it is full of “would you rather” questions. The uncertainty as to whether you chose the right set of “rathers” is at the core of buyers remorse, when buyers remorse does occur. Of course, some times the buyers…

Post Hurricane Sandy: Home Buyer Due Diligence

NASA Satellite Image: Hurricane Sandy

This is just a quick note for home buyers in the general DC Metro area. If you are actively searching for a home now is a good time to know whether or not the homes you are interested have water issues. Here are a few things that you, via your agent most likely, should be…

Does 6 Offers in 4 Days Sound Like a Down Market?

A couple weeks ago my phone would not stop ringing, and my email alerts were going non-stop. I had just listed a condo in Alexandria that is selling as a Short Sale, and come to find out, several potential buyers had been sitting on the sidelines just waiting for the next listing in this community…

Colin’s “Catch of the Day”: NW DC Rehab Shines… and Sells

For today’s “Catch of the Day” I wanted to illustrate a point that I often share with folks about the DC rehab market, most specifically, the market for row house rehabs. This 3br 2 bath (now, was 1 bath) home in Columbia Heights sold in May of this year for $205,000. Now, 5 months, 1…

Case-Shiller: Housing Down 4.1%: But What About DC?

Today the most recent Case-Shiller Index report showed a decline in housing prices of 4.1% compared to the same time last year. The problem with the Case-Shiller index is that it pools real estate data from all around the country, so the overall numbers tell us very little about our own market. So, where does…

NPR Report: Crisis In The Housing Market??

The following NPR story aired this morning on Morning Edition. The piece takes a look at the state of the housing market, including a really good look at the current value of owning verses renting. In the Washington, DC metro area rental rates are on the rise, with a more than 7% rise in 2010…

Termite Season: How to Know if You Have Them

With warming temperatures and increased rainfall a certain little household friend may decide to pay a visit to your home. No one likes having too many “beasties” (as my wife would say) around, but ants or, as is common in the DC area, stink bug, are one thing. Termites are another issue altogether because you…