RECENT BLOG POSTS
Here is another great article in which I am featured on Urban Turf that deals with the complexities of buying a house with your friends. For some people, it can be a wonderful alternative to throwing your money away on rent each month. However, if you don't go into it with clear rules and bound...
There is a new real estate website in town, and it just launched this week. In an attempt to navigate the highly localized real estate markets of the individual D.C. neighborhoods, Urban Turf dives in, one area at a time. It gives the readers the information they are looking for with the feel o...
FHA announced today that it will begin using a risk-based pricing model. Meaning, applicants with lower FICO scores and down payments will pay a higher interst rate and insurance premium. However, applicants with higher FICO scores and down payments will pay a lower interest rate and insurance ...
I thought you folks out there might enjoy a little post-housing crisis market report. Here is a break down on post-crisis sales in Northwest D.C. for the month of May thus-far: 49 single family homes have closed since May 1, 2008 in NW D.C. The average list price was $1,053,714 and the median li...
According to Wall Street Journal writer, Cyril Moulle-Berteaux, April of 2008 was most likely the bottom of the market. Click here to read this great article: http://online.wsj.com/article/SB121003604494869449.html Now, for all those of you out there who are on the fence waiting for the market t...
Survey shows owning a home still within reach for most AmericansWashington Business Journal - by Tierney Plumb Staff ReporterMore than half of Americans believe that owning a home is still possible for most people. In AOL Real Estate and Zogby International's latest survey, more than 6,500 Americ...
As I am sure many of you have heard, there is a huge amount of new development currently taking place (and slated to take place) in what is called the NoMa Business Improvement District of DC. NoMa is short for North of Massachusetts Avenue. Over the next 5 years, an enormous amount of mixed-us...
Off the topic of real estate, our dear friend, Bill Floyd, has just gotten his first novel published. It hit bookshelves across the country last Tuesday, and it is called The Killer's Wife. I started reading this book on Monday, and I am almost finished with it. I can't put it down! It is won...
This is a great article just out by Scott Burns of MSN Money. It shows some comforting statistics. Among the better news, 99% of homes across the country are not in foreclosure. Though foreclosure rates have jumped significantly in the past year, less than 1% of homes are in foreclosure. Furt...
CNN Money says that now is the best time in the past four years to buy a home. Prices have dropped and interest rates remain at record lows. http://money.cnn.com/2008/03/04/real_estate/markets_less_overvalued/index.htm?postversion=2008030413