There’s no longer a newsflash regarding the massive inventory shortage in the District of Columbia. “I feel like a broken record,” Tom Lewis, Redfin DC Agent explained, “but it’s the same story yet again!” In DC, inventory fell again over the last month. As we move into spring, we should see the inventory line head… Read More
Last month, the number of DC condos sold plummeted by 32.4% from December. The dip in sales is explained by the fact that many home buyers put their home search on hold for the holidays, but the number of condos for sale also dropped 4% last month. Tom Lewis, an agent on Redfin’s DC team,… Read More
Looking for a home in Prince William County? We just made it easier to tour and buy short sales! You can now tour short sales with your DC-area Redfin agent in Prince William County. If you find that perfect short sale and you want to make an offer, we’ll connect you to a short sale… Read More
Ready to sell your home? Unsure about where to start, or how to pick the right price in this market? Redfin is holding a free home selling seminar in Rockville, MD on Tuesday, June 29th from 7:45 – 9:30 p.m to answer all your questions. Our Montgomery County team lead Nick Chaconas and DC area… Read More
With all the attention paid to the national home buyer tax credit, a local tax credit has been overlooked by many DC home buyers. But now that the deadline for entering into a contract and qualifying for the national tax credit has passed, this more modest local tax credit is getting some renewed attention. Unlike… Read More
Ahhhhhhh – I feel much better now. I just changed the radio station away from NPR and the overwhelmingly negative stock market news to instead listen to my favorite 80s tunes on 104.7 FM “The Globe.” Anyone with me on that? For those of you who need a home and have managed to secure a loan, here are a few sweet… Read More
They say that if you have a lot of money then a down market can be the best time to buy. Well, maybe that will get wealthy Kalorama moving soon – because it ain’t moving quickly now! On a single block of Wyoming Ave NW there are four properties for sale. The latest is this federal-style row house at 2128 Wyoming… Read More
A lot has been written about the charms and assets of Glover Park, including by me. Well, now’s your chance to live on a little one-way street that all the neighbors know about but only a few people can own: Hall Place NW. The fully renovated, 4-bed/4.5 bath Victorian row house that has been for sale there for many weeks was just… Read More
I am still focused on price reductions and Dupont Circle this week, but today I also want to see what kind of house you can get at the high end, median and low end of the listing price spectrum. The median list price for a house right now is $1.145 million. I would guess the homes shown below on beautiful 19th St NW are valued… Read More
Stop and look! I just checked out recent price reductions in Dupont Circle. Below are two that stood out. Chosen for Style: – A very nice 2-bed/2 bath condo at 1735 New Hampshire St NW, just reduced to $585,000, from an original of $635,000. Sellers are willing to offer closing help. It is an older building that has been renovated. The unit has high ceilings,… Read More