DC CLOUT "DC Area Real Estate Buzz"

Happy New Year

I wanted to take this opportunity to thank you and wish you the very best for the New Year. I truly appreciate your contributions to my successes in 2010. May you and your family and friends enjoy a Wonderful Holiday Season and a Happy New Year!

Al Matlock

New Year's Eve Events Guide for Washington DC

Looking for a New Year's Eve Event in and about Washington DC click here..

Be Safe remember SoberRide - for a Free cab ride home specific here

Happy New Year....

HPAP News $77,000 in assistance available to purchase foreclosures

*For Next Seminar Date and Location Click Here. DC's Condo Guy has learned from a very reliable source that HPAP, DC Housing Purchase Assistance Program,  have established a New Program now - DC first-time homebuyers depending on income and household size can receive up to $70,000 in purchase assistance plus an  additional $7,000 toward closing. The home must to be a foreclosed property and  be in depressed neighborhoods. 

 How it works:  A lender pledges to lend you $250,000 to purchase a home.  If you take advantage of this program  and receive maximum assistance you can afford to purchase a home up to $320,000 - only certain neighborhoods qualify, the property must be a foreclosure and you must quailfy for HPAP…. 

If you’d  like to learn more about these resent HPAP developments as well as the entire home buying process, I am holding a first time home buyers seminar on Saturday January 15th 2011 10am  in my office’s conference center at 4050 Chesapeake St NW Washington DC. Previously these seminar were held at DC Public Library’s, something they will no longer allow.  To register for the seminar contact me  at or  Click Here more info dccondoguy@live.com  

Washington DC November 2010 Homes Sold Average Prices Up 19%

Washington DC  Home Sales Statistics are in for November   2010. Here's a brief snippet- more details coming.....  The 1st numbers are for 2010/2nd number for 2009/3rd change percentage 

Average. sold price $564,691  -  $472,933  (19.4%)
Total Units Sold - 466 -  620  (-24.84%)
Of that  466, 183   were condos/coop
Average sold price Condos -  $456,492 - $375,025  (21.72%) 

Avg. Days on Market  60  - 72 (-16.69%)

Courtesy of  Al Matlock   contact Al at dcrealtor@live.com  or 301/452-2278