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June 29, 2009

Goin Green Tip

Greentip1

More Green Tips coming...   Al Matlock DC's Green Realtor  and DC's Condo Guy    

June 27, 2009

Chat Live with Washington DC Realtor Today

Chat  You can now have your questions answered by a licensed Washington DC Realtor instantly on DCClout.com.  DCClout.com is the Home Buying and Selling Resource Center for Washington DC. Visit DCClout and Simply click on the above LiveChat image and connect instantly with a realtor. 

www.dcclout.com

June 22, 2009

Federal Housing Tax Credit explained By Chief Tax Economist of NAHB

June 15, 2009

The Home Selling Process from Start to Finish

You’ve made the decision to sell your home. Even if you’ve sold a house before, this process can be daunting because it is a major financial transaction that involves many steps from selecting a sales professional and marketing the home, to negotiating with buyers and finally receiving funds at the closing. Yet, the home-selling process doesn’t have to be intimidating if you know what to expect. The process can be divided in nine steps.

Step 1: List your property with a real estate professional. Select someone who is knowledgeable, listens carefully, and with whom you feel comfortable. Interview at least three real estate professionals. Use their listing presentations to compare their preparation and professionalism. Don’t base your selection solely on selling price or commission. It’s probably best to avoid working with someone who promises you the moon—in this case, an unrealistically high price—then has to make price reductions until the property sells. Instead, focus on marketing plans, service and past results.

Step 2: Establish price and time frame. Determining a fair asking price is crucial in this market. Price the property too high and it could languish on the market. Of course you could always decrease the price later, yet you’ve lost potential buyers. Your real estate professional can help you determine true market value based on a comparable market analysis, which will include recent home sale transactions as well as homes currently on the market. Supply and demand, craftsmanship, amenities, condition and any special circumstances can also impact price. For instance, a relocation move might necessitate a quick sale.

Step 3: Develop and implement a marketing strategy. To get the most exposure for your home, you should have a marketing plan with clear objectives and an outline of specific resources to be used. Your plan should include a mixture of conventional and online marketing to optimize your reach to potential buyers.

Step 4: Get Your Home in Show Condition.
Remember, you only get one chance to make a first impression. So make sure your home is in tip-top shape inside and out. Eliminate clutter and remove personal items. Refresh the paint, clean the carpets and make minor repairs. Keep the grass trimmed and add color to your landscape. You may also want to consider hiring a professional to stage your home. A home in move-in condition is much more attractive to buyers in a competitive market.

Step 5: An offer is submitted.
Once your home is on the market, a buyer will make an offer through his/her real estate sales professional. The buyer’s sales professional will present the offer to your representative, who will promptly relay it to you and help you evaluate the offer.

Step 6: The negotiation process begins and eventually an offer is accepted.
One of the most critical roles played by your real estate professional is in the negotiation phase. Negotiations over the terms of a home-purchase contract can be extremely sensitive. The process of offer and counter-offer may go on until parties arrive at an acceptable contract, which can go very quickly or take days, even weeks. 

Step 7: Buyers submit a loan application and home inspections are scheduled.
Most often, the loan approval is contingent upon a satisfactory appraisal and various inspections.

Step 8: The loan is approved and the closing process begins.
Once the buyer’s home loan has been approved, preparations begin for the closing. The closing, also referred to as settlement or close of escrow, is the final step toward completing the sales transaction between the buyer and seller. During this process, your sales professional will funnel all the necessary closing documents to the escrow agent. This may include the deed, mortgage, tax receipts, a Certificate of Occupancy and other documents. A final walk-through will also be scheduled. Once the escrow agent receives the paperwork and the funds pertaining to the sale of the property, the escrow is closed.

Step 9: Time to move!

Of course this is a simplification of what is otherwise a complex transaction. As you are going through each stage of the process, look to your real estate professional to provide guidance so that you feel comfortable every step of the way.

Courtesy of Al Matlock DC Realtor for DCClout.com  DC Home Buying and Selling Resource Center 

contact Al @ al@dcclout.com or Call 301/452-2278

June 11, 2009

May 2009 Home Sales Statistics for Washington DC

Washington DC  Home Sales Statistics are in for May 2009. Here's a brief snippet- more details coming.....  The 1st numbers are for 2009/2nd number for 2008/3rd change percentage 

Average. sold price $489,047 - $564,310  (-13.34%)
Total Units Sold - 484 - 533  ( -9.19%)
Of that  484,  215  were condos/coop
Average sold price Condos - NA

Avg. Days on Market  91 - 78   (16.67%)

Courtesy ofDCClout.com  DC Home Buying and Selling Resource Center

May 2009 Home Sales Statistic for Montgomery County

Montgomery County Home Sale statistics are in for May 2009. Here's a brief snippet- more details coming.....  The 1st numbers are for 2009/2nd number for 2008/3rd change percentage

Average. sold price $425,163 - $506,151    (-16.00%)
Total Units Sold - 874 - 753 (16.07%)
Of that 874, 168 were condos
Average sold price Condos - NA

Avg. Days on Market - 105 - 103  (1.94%)

Compare 2007/2006/2005  Real Estate Statistics for Montgomery County Maryland and Washington DC click here

source mris

courtesy Al Matlock real estate professional Washington DC and Maryland - Realtor

May 2009 Home Sales Statistic for Prince Georges County

The Prince Georges  County Home Sale statistics are in for May 2009. Here's a brief snippet- more details coming.....  The 1st numbers are for 2009/2nd number for 2008/3rd change percentage

Average. sold price $241,997  - $295,872  (-18.21%)
Total Units Sold - 494 - 386   (27.98%)
Of that 494, 35 were condos
Average sold price Condos - NA
Avg. Days on Market - 155 - 122   (27.05%)

source mris

courtesy DCClout.com  DC Home Buying and Selling Resource Center

June 06, 2009

Washington DC Downtown Condos for Sale (Penn Quarter, Mt Vernon Square, Gallery Place, Chinatown, East End)


 
Downtown Condos for Sale (Penn Quarter, Mt Vernon Square, Gallery Place, Chinatown, East End) (1/16/09)                 click address for property info
Property Address Asking Price Bedrooms Baths
811 4th St NW #107 $392,900 1 1
811 4th St NW #106 $412,900 1 1
811 4th St NW #1201 $408,900 1 1
811 4th St NW #203 $470,900 2 2
811 4th St NW #817 $629,900 2 2
811 4th St NW #420 $488,900 2 2
811 4th St NW #511 $790,900 2 2
555 Mass Ave NW #907 $369,990 1 1
301 Mass Ave NW 1203 $799,000 2 2
912 F St NW #707 $899,000 2 2.5
777 7th St NW #730 $395,000 1 1
301 Mass Ave NW #303 $589,900 2 2
301 Mass Ave NW #1103 $699,900 2 2
915 E St NW #809 $479,000 2 1
912 F St NW #1104 $610,000 1 1
400 Mass Ave NW #220 $429,900 1 1
912 F St NW #406 $449,900 1 1
631 D St NW #835 $399,900 1 1
555 Mass Ave NW #1216 $390,000 1 1
777 7th St NW #913 $579,000 2 2
777 7th St NW #1120 $1,200,000 2 2.5
915 E St NW #401 $389,000 1 1
616 E St NW #647 $595,000 2 2.5
777 7th St NW #318 $404,900 1 1
801 Penn Ave NW #1121 $787,900 1 1
701 Penn Ave NW #1026 $878,900 1 2
701 Penn Ave NW #PH15 $799,000 2 2
631 D St NW #239 $729,900 2 2.5
616 E St NW #511 $649,900 2 2
555 Mass Ave NW #314 $279,900 0 1
801 Penn Ave NW #PH20 $795,000 1 1
601 Penn Ave NW #712 $1,100,000 2 3
912 F St NW #206 $1,150,000 3 2.5
915 E St NW #1112 $350,500 1 1
801 Penn Ave NW #1118 $995,000 1 2
912 F St NW #507 $749,000 2 2.5
301 Mass Ave NW #1202 $1,225,000 2 2
555 Mass Ave NW #407 $359,000 1 1
400 Mass Ave NW #523 $406,900 1 1
631 D St NW #331 $449,900 1 1
555 Mass Ave NW #1201 #375,900 1 1
616 E St NW #1008 $315,000 0 1
631 D St NW #645 $575,000 2 2.5
601 Penn Ave NW #1207 $749,000 2 2
631 D St NW #932 $399,759 1 1
777 7th St NW #817 $334,900 1 1
631 D St NW #1037 $399,900 1 1
912 F St NW #207 $884,900 2 2.5
555 Mass Ave NW #515 $419,000 1 1
915 E St NW #1014 $399,500 1 1
715 6th St NW #205 $499,000 2 2
715 6th St NW #1003 $549,900 2 2
301 Mass Ave NW #103 $449,000 2 1.5
616 E St NW #256 $875,000 3 2.5

 data source MRIS

courtest of DC's Condo Guy      Find Exactly What you're Looking For  - dccondoguy@live.com  

June 04, 2009

Washington DC Capitol Hill Condos For Sale click address for property info

Property Address  Price Bedrooms Baths
1621 E St NE #1 $47,000 2 1
423 18th St NE #6 $298,000 2 2.5
1705 E St NE #1 $398,000 3 2
1705 E St NE #2 $398,000 4 2.5
410 11 St NE #1 $399,900 2 1
1020 Pennsylvania  Ave SE #405 $319,000 1 1
1020 Pennsylvania Ave SE #503 $829,900 2 2
601 A St NE #1 $217,500 0 1
601 A St NE #4 $329,900 1 1
1306 Pennsylvania Ave SE #401 $519,900 2 2
18 9th St NE #103 $449,000 2 2
1391 Pennsylvania  Ave SE #229 $384,900 1 2
1391 Pennsylvania Ave SE #349 $464,900 2 2
103 2nd St NE #103B $325,000 1 1
7 14th St NE #7 $295,000 1 1
210 Massachusetts Ave NE #202 $255,000 1 1
1359 C St SE #1359 $499,000 3 2
245 15th St NE #303 $409,900 2 2
1514 Isherwood St NE #4 $193,900 2 1
424 11th St NE #201 $439,000 2 1
1125 G St NE #1` $405,000 2 2.5
1007 Maryland Ave NE #304 $269,000 2 1
333 2nd St NE #101B $199,999 0 1
59 14th St NE #59 $499,900 2 2.5
904 D St SE #8 $350,000 1 1
1306 Pennsylvania Ave SE  #201 $499,000 2 2
1391 Pennsylvania Ave SE #233 $629,900 3 2
1391 Pennsylvania Ave SE #201 $614,900 3 2
1315 Independence Ave SE #6 $674,000 2 1
676 4th St NE #201 $299,000 1 1
401 13th St NE #211 $469,900 2 2
1628 C St SE #B03 $234,500 1 1
1391 Pennsylvania Ave SE #333 $625,000 3 2
1306 Pennsylvania Ave SE  #301 $509,000 2 2
30 15th St NE #30 $349,900 1 1
1469 A St NE #1469 $339,900 1 1
725 5th St SE #11 $689,000 2 2
440 12th St NE #115 $474,400 2 2
245 15th St SE #404 $379,900 1 2
308 18th Pl NE #1 $199,930 2 1
205 18th St SE #3 $499,000 3 2.5
251 8th St NE #1 $624,900 2 3
1391 Pennsylvania Ave SE #461 $444,900 2 2
1391 Pennsylvania Ave SE #M05 $363,900 1 1
305 C St NE #307 $325,000 1 1
313 6th St SE #2 $539,500 2 1.5
15 3rd St NE #1 $239,900 0 1
308 18th Pl NE #2 $199,920 2 1
1836 Independence Ave SE #3 $298,500 1 1
401 13th St NE #305 $429,000 1 1
1391 Pennsylvania Ave SE #329 $388,900 1 2
1391 Pennsylvania Ave SE #357 $375,900 1 2
98 15th St NE #98 $319,000 1 1
44 15th St NE #44 $349,000 1 1
801 C St NE $534,900 2 3
81 14th St NE #81 $297,500 1 1
1200  Capitol St NE #7 $474,000 3 2
284 15th St SE #201 $289,000 1 1
284 15th St SE #202 $369,900 2 2
1391 Pennsylvania Ave SE #345 $489,900 2 2
1815 A St SE #203 $205,000 1 1
1391 Pennsylvania Ave SE #M11 $399,900 2 2
1337 Maryland Ave NE #1 $399,900 2 2
410 5th ST NE #31 $568,900 2 2
401 13th St NE #312 $324,900 1 1
101 North Carolina Ave SE #106 $254,900 0 1
244 Maryland Ave NE #A $349,000 1 1
56 15th St NE #56 $495,900 2 2.5
212 3rd St NE #B $650,000 2 2.5
1391 Pennsylvania Ave SE #320 $339,900 1 1

data source MRIS

courtest of DC's Condo Guy      Find Exactly What you're Looking For  - dccondoguy@live.com  

Washington DC's Columbia Heights Condos for Sale

  Washington DC's Columbia Heights Condos for Sale   click address for property info   
Property Address Asking Price Bedrooms Baths
1440 Columbia Rd NW #401         $326,550 1 1
1440 Columbia Rd NW #104 $457,250 2 2
3120 14th St NW #22 $229,900 2 1
1423 Newton St NW #204 $399,900 2 1
1458 Columbia Rd NW #110 $363,200 2 1
1423 Newton St NW #202 $339,900 1 1
1354 Euclid St NW #202A $518,500 2 2
1121 Fairmont St NW #1 $399,900 2 1.5
1354 Euclid St NW #303A $448,500 2 2
1355 Shepherd St NW #3 $439,000 2 2
1433 Clifton St NW #2 $469,000 2 1
1433 Clifton St NW #1 $545,000 2 1
1354 Euclid St NW #203A $438,500 2 2
1326 Girard St NW #CH $549,000 1 2
1427 Clifton St NW #2 $599,000 2 2
1421 Columbia Rd NW #B2 $187,000 1 1
2656 15th St NW #C-1 $387,700 2 1
1495 Newton St NW #B102 $199,900 1 1
1354 Euclid St NW #403A $658,500 2 1.5
2920 Sherman Ave NW $3-I $360,000 2 2
1126 Columbia Rd NW  #1 $369,000 2 2
1390 Kenyon St NW #801 $695,000 2 2
1415 Chapin St NW #1 $104,900 1 1
1457 Park Rd NW #509 $149,900 0 1

1423 Newton St NW #101

$369,000 2 1

1457 Park Rd NW #410

$144,500 1 1
919 Florida Ave NW #401 $345,790 1 1
2543 13th St NW #1 $450,000 2 3
1420 Harvard St NW #205 $289,900 2 1
1451 Belmont St NW #419 $559,900 2 2
1439 Euclid St NW #201 $285,950 1 1
3900 14th St NW #111 $283,200 1 1.5
3902 14th St NW #622 $252,500 1 1
3900 14th St NW #701 $298,300 1 1
3900 14th St NW #506 $238,800 1 1
3902 14th St NW #515 $261,300 1 1
1401 Columbia Rd NW #309 $309,900 1 1
1438 Columbia Rd NW #304 $295,000 1 1
3900 14th St NW #601 $295,200 1 1
3902 14th St NW #520 $237,500 1 1
3900 14th St NW #408 $206,800 1 1
3902 14th St NW #319 $231,000 1 1
3900 14th St NW #201 $282,800 1 1
1454 Newton St NW #101 $289,997 2 1
2600 Sherman Ave NW #103 $237,500 1 1
1340 Monroe St NW #401 $448,500 2 2
1441 Euclid St NW #301 $274,900 1 1
1208 Lamont St NW $685,000 3 2
1459 Harvard St NW #1 $465,000 2 2
1459 Harvard St NW #2 $499,000 2 2
1101 Fairmont St NW #2 $399,900 2 2
1304 Fairmont St NW #3 $394,900 1 1
3602 Rock Creek Church Rd $259,000 1 1
1304 Fairmont St NW #4 $550,000 2 2
1304 Fairmont St NW #5 $550,000 2 2
1458 Columbia Rd NW #111 $363,200 2 1
1459 Harvard St NW #4 $549,000 2 2
1459 Harvard St NW #6 $595,000 1 1
1101 Fairmont St NW #8 $449,000 2 2
1105 Park Rd NW #3 $499,000 2 2.5
2535 13th St NW #403 $329,900 1 1
3500 13th St NW #209 $439,000 2 1
1337 Harvard St NW #3 $425,000 2 1
3534 10th St NW #120 $239,500 1 1
3534 10th St NW #240 $229,500 1 1
3534 10th St NW #440 $234,500 1 1
3534 10th St NW #450 $229,500 1 1
3534 10th St NW #230 $154,500 0 1
1020 Fairmont St NW #6 $325,000 2 1
1101 Fairmont St NW #5 $439,000 2 2
4225 8th St NW #1 $388,000 2 2.5
1321 Fairmont St NW #B2 $229,000 1 1
1321 Fairmont St NW #105 $219,000 1 1
1451 Belmont St NW #122 $529,900 2 2
1451 Belmont St NW #113 $599,900 2 2.1
1451 Belmont St NW #116 $675,000 2 2
437 Manor Pl NW #4 $339,000 2 1
1211 Harvard St NW #1 $599,000 3 3
1309 Fairmont St NW #A $599,000 3 2.5
1001 Otis Pl NW $524,000 2 2.5
610 Irving St NW #104 $235,000 1 1
610 Irving St NW #203 $220,000 1 1
3900 14th St NW #105 $196,700 1 1
1441 Euclid St NW #105 $161,500 0 1
2831 11th St NW #1 $459,500 3 2
2831 11th St NW #2 $479,500 2 2
1221 Harvard St NW #1 $598,765 2 2.5
1221 Harvard St NW #2 $649,765 2 2.5
1324 Euclid St NW #203 $459,500 2 2
1417 Chapin St NW #507 $479,900 2 1.5
3405 14th St NW #0 $400,000 5 2
3321 Holmead Pl NW #1 $425,000 2 2
3538 13th St NW #3 $549,500 2 2.5
3538 13th St NW #4 $629,500 2 2.5
2535 13th St NW #402 $469,900 2 1
1401 Columbia Rd NW #202 $409,900 2 1
1417 Chapin St NW #302 $399,900 2 2
2901 16th St NW #102 $459,000 2 2
3500 13th St NW #107 $275,000 1 1
610 Irving St NW #201 $320,000 2 2
1461 Harvard St NW #4 $542,000 2 2
3534 10th St NW #130 $149,500 0 1
3534 10th St NW #330 $154,500 0 1
3534 10th St NW #250 $224,500 1 1
3534 10th St NW #350 $224,500 1 1
1415 Chapin St NW #208 $389,555 2 2
1451 Belmont St NW #218 $549,000 2 2
2750 14th St NW #401 $495,500 3 2
2750 14th St NW #402 $419,500 2 1
2750 14th St NW #508 $489,500 2 2
2535 13th St NW #105 $474,000 2 2
2750 14th St NW #603 $499,500 3 2
2750 14th St NW #PH3 $499,500 3 2
1401 Columbia Rd NW #302 $415,000 2 1
1323 Clifton St NW #31 $574,900 2 2
1372 Randolph St NW #203 $285,000 1 1
       

data source MRIS

courtest of DC's Condo Guy      Find Exactly What you're Looking For  - dccondoguy@live.com  


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