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Washington, DC Real Estate News

By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(Samson Properties)
It is September 2008. Time for another Anacostia Washington DC Real Estate Market Report Statistics (Zipcode 20020). Sales are up from last month. However sales are down this same time last year. But average home price of a house that sold in Anacostia Washington DC was $229,091 up from $227,285 up 0.79% from this same time last year. Does this mean that the market has bottomed out in Anacostia Washington DC Real Estate? I think it is too quick to make that prediction. According to this Anacostia Washington DC Real Estate Market Report Statistics (Zip code 20020),FHA is product that more home buyers used to buy their house in Anacostia Washington DC. Out of the 11 houses that sold in Anacostia Washington DC Real Estate,6 of them were FHA loans. Here is the Anacostia Washington DC Real E...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
If you want to go out to dinner and you live in Crestwood, you usually have to hop in the car and drive.  But not on the weekend of the Saints Constantine and Helen Greek Festival!  And people come in droves!  Parishioners, neighbors and people from all over town drop in for great Greek food and shopping opportunities. There is a lot of food.  The chicken oreganato melts in your mouth like butter.  Then there are these lamb meatballs, the stuffed grpae leaves, moussaka, and then the sweet stuff!  Oh!  My!  Yum!  I'm going to go into a honey coma any minute! After stuffing your face, there are shopping opportunities, like if you need some new icons, hand-made jewelry, scarves, and my favorite purchase, my "Got Oozo?' tee shirt.  I can wear it to the gym next week as I'm trying to work of...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
Every year in September, right around the time of my youngest sister's birthday, Adams Morgan throws her a party.  When she first moved into DC, this was her neighborhood, and she helped to organize several of these festivals before she moved to Baltimore.  This year's was last Sunday.  It was a mob scene of people,sounds, tastes, smells and all kinds of neat stuff to buy! It was also the perfect day for an Open House in Adams Morgan! Every year, there are local groups playing all sorts of music, from folk to Caribbean.  You can hear it pretty much all over the neighborhood, but just for this one day!   And the shopping opportunities are almost unlimited!  Need some good smells to sweeten your bath water?  Looking to add to your family jewel collection?       Perhaps some socks, pillows...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(Samson Properties)
Good morning! This is Lanre Folayan with Exit Premier Realty reporting the Deanwood Washington DC Real Estate Market Report Statistics for August 2008 from my living room. ( Like you really need to know all that ). The Real Estate Market in Deanwood Washington DC has not really changed. Total sold dollar volume of homes in Deanwood Washington DC was $2,161,400 compared to $6,457,300 this same time last year a 66.53% drop. Average sold price of a house that sold in Deanwood Washington DC was $240,156 compared to $248,358 this time last year. Total units of houses that sold in Deanwood Washington DC was 9 houses compared to 26 houses this same time last year. Average days of houses on the market that sold in Deanwood Washington DC was 78 days compared to 116 days last year.               ...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(Samson Properties)
Petworth Washington DC is a residential neighborhood in the Northwest of Washington DC,bounded by Georgia Avenue to the West,North Capitol Street to the East,Rock creek Church to the South and Kennedy Street NW to the north. The neighborhood is primarily residential with a mix of townhouses and single-family homes. Last month,total sold dollar volume of houses for sale that sold in Petworth Washington DC was $10,774,799 compared to $18,286,469 this time last year a 41.08 drop. Average sold price of a sold Petworth Washington DC house was $336,712 compared to $425,267 last year a 25.58% drop. Average days on a "Petworth Washington DC house" was on the market was 139 days compared to 69 days last year. Out of the 32 houses that were sold last month in Petworth Washington DC: 9 of those ho...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
Today I wrote an ad that my client loved.  She has a coop to sell in Adams Morgan, and the coop market is not quite as hot as that for single family homes.  So I did a "Re-ad", using one that got a house sold in a crummy market a bunch of years ago. It reads: Motivated Seller...Just married the man of her dreams.  Must sell chic 2-bedroom bachelorette pad Then there was stuff about the gorgeous wood floors, renovated kitchen, balcony and other cool stuff.  The last time I used it was the weird market of the early 1990's, and it got a plain Jane house sold really fast - and the first Open Hosue was crawling with single women, perhaps hoping for that good luck in love house?  Well, this is the good luck in love coop!   And I'm hoping it will bring us good luck in finding a buyer! Of cours...
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By Northern Virginia Real Estate Photography - Bryant Payden, Northern Virginia Real Estate Photography
(B. Payden Photography, LLC)
Every spring in Washington DC the capitol comes alive with vibrant colors. Tulips and other flowering plants are seen in abundance surrounding the Capitol, and other nearby federal buildings. Also on the grounds of the capitol is the US Botanic Garden that is not to be missed! If you find yourself in Washington in April, do yourself a favor and stroll the Capitol grounds!   http://www.bpaydenphotography.com  
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By James Downing - Metro DC Houses Team REALTORS®, CRS, GRI, ABR,MRP, MilRes, When Looking to Buy or Sell - Make the Right Move
(Real Living | At Home)
Here are the Properties that sold in this Washington DC Neighborhood:  August 2008 Type of Property      #BR/Baths                 List Price           Closed Price     # Days on Market Condo                       2/2                        $799,900            $765,000                 598*  Condo                       2/3                        $535,000            $505,000                 290        Row House                2/1.5                      $410,000            $412,000                 312             Row House                4/3.5                    $1,150,000          $1,010,000               148 Row House                5/2.5                      $655,000            $655,000                 191 Condo                       2/2                        $749,900            $735,0...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(Samson Properties)
Looking for something to do this weekend but not sure what it is you want to do? Look no more. Hopefully my Washington DC Weekend Guide will help.                                                   PERFORMING ARTS: On friday September 5th,comic legend Bob Newhart will be performing at the Warner Theatre, Warner Theatre 13th and E Street NW Washington DC  202-397-7328.                                                      MUSIC EVENTS: On friday September 5th,Eighties Mayhem. DJ's are going to be playing music from the 80"s at the Black Cat. Black Cat  1811 14th St NW Washington DC   202-667-7960 On saturday September 6th,japanese alto saxophonist sadao watanabe will be playing the flute and soprano jax at the Blues Alley Blues Alley 1073 Wisconsin Ave NW Washington DC 202-337-4141.       ...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(Samson Properties)
Home buyers: Looking to buy a house in Congress Heights Washington DC but not sure since you don't know the market in the area. Well as of September 3,2008,there are currently 117 Congress Heights Washington DC Houses for sale (Zip code 20032). Out of the 117 Congress Heights Washington DC Houses for sale:      50 of them are condominums. The lowest priced condominum is a one bedroom,one bath that is currently on sale for $90,000. The highest priced condominum is a two bedroom,one bath that is currently on sale for $240,250.        5 of them are co-ops. The lowest priced co-op is a one bedroom,one bath that is currently on sale for $59,999. The highest priced co-op is a two bedroom,one bath that is currently on sale for $79,000.      62 of them are houses. The lowest priced house is a t...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
Normally, I scan and quickly delete email that comes to us from MRIS, the multiple listing service used in many markets in the mid-Atlantic region.  But not this morning. There were two interesting items in today's message, one dealing with short sale and foreclosure listing profiles and a second detailing what must go into a short sale package. The MRIS listing profiles now have two new categories, one that you check for a potential short sale and the second for a bank owned property in foreclosure.  Until now, we've had to look for some hint in either the listing remarks or in the house itself (like a missing kithen, perhpas?) that this was no normal listing.  It was also difficult to determine just how many distressed listings were in our inventory.  Now, at least as soon as the list...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
When I moved to Washington to harass airlines for Ralph Nader, my first home was in Adams Morgan in what is now the Valley Vista condominium.  Back then,it was a building with rent controlled apartments that even I could afford on a non-profit salary.  As with much of the rental housing in the neighborhood, it went condo.My 1-bedroom apartment was gigantic compared to my New York City brownstone - I had 835 square feet of space, compared to about 300 in New York.  In Washington, I also got an amazing top-floor view of Rock Creek Park and the National Cathedral.  And while I no longer live in Adams Morgan, I do go there often - and not just to show houses and condominiums.  The neighborhood has my favorite restaurants and grocery stores.  Every time there is an uprising in a far corner o...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
DuPont Circle is an historic neighborhood just inside the “Old City”, that part of Washington included in Pierre L’Enfant’s original plan for the capital.  It was a popular place for the late 19th century captains of industry to build mansions for their families, although all too many of these lovely historic residences have fallen to the wrecking ball.  Today, there are many Victorian bay front town homes on the side streets, and a few of the original mansions remain as clubs and embassies.  At 15 DuPont Circle, The Washington Club occupies the only remaining  original mansion on the Circle.After World War II, the neighborhood lost its chic.  When I first moved to Washington in the early 70’s, DuPont Circle had a really high funk factor, and was the neighborhood of choice for gutsy urb...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
If you were a rich guy who moved to Washington in 1909 to serve in William Howard Taft’s cabinet, you’d need a really fabulous house.  And the coolest new subdivision of that time was up the hill from Dupont Circle, called Kalorama -  from Greek meaning “beautiful view”.Some of the mansions built by those turn of the last century moguls are still among the finest residences in the District.  This neighborhood is full of Washington’s finest homes and embassies, including the amazing French Embassy on Kalorama Road.So if you are invited to serve in an Obama or McCain administration, you will be able to find a home in Kalorama with great entertaining space – some even have ballrooms!One of the really fun things about being a Washington real estate broker is getting to see so many o these h...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(Samson Properties)
Updated: As of September 3,2008,there are 136 Anacostia Washington DC Houses for sale. Two of these listings just came on the market this week. ( This is only houses. This does not include condominums,co-ops and ground rent) One is a four bedroom,two baths and a basement Colonial listed for $450,000. One is a four bedroom,three baths and a basement semi-detached for $317,500. Average selling price of a house in Anacostia Washington DC is $256,706 compared to $229,788 last year a 11.71% increase. Home buyers who brought a house last year in Anacostia Washington DC benefited from the appreciation in home values. This is still a great time to buy. This Real estate market still favors the home buyers. Anacostia Washington DC attractions include Anacostia Park (U.S. National Park Service), a...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(Samson Properties)
As of August 30,2008,there are 174 houses that are currently for sale. Four new listings in Deanwood Washington DC houses came on the market this week. One is a two bedroom,one bath house for $175,000. One is a three bedroom,one bath house for $277,000. One is a house that doesnt have any room. (The listing stated that the potential is in the land-4,405 square footage). One is a five bedroom,three bath and a basement for $350,000. Average selling price of a house in Deanwood Washington DC is $244,444 compared to $257,577 last year a 5.10% drop. This is a great time to buy. There are more inventory on the market to choose from and as a home buyer you are in a good position to negotiate a discount price with the sellers. For more,please read the following posts.Deanwood Washington DC Hous...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(Samson Properties)
Looking for something to do this weekend? Here are some things that you might find some interest in doing.                                                         MUSIC EVENTS Friday 8/29 at 6pm. The Chancel Hand bell Choir performs. This choir associated with the Towson Presbyterian Church covers a 5-octave range and plays both secular and sacred music.The John F.Kennedy Center for the Performing Arts 2700 F St NW Washington DC 202-467-4600/1-800-444-1324 Jesse McCartney -One of Disney stable of pop stars will be performing along with American Idol Winner Jordan Sparks at the Constitution Hall 1776 D St NW Washington DC  202-397-7328. Saturday 8/30 at the 9:30 Club Chuck Brown "Godfather of Go-go" celebrates his birthday at 8pm. 9:30 Club is located at 815 V St NW Washington DC  202-26...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
In the late 1800's, Washington, DC was so hot and had so many mosquitoes, that it's residents really did have to get out of town - unless they wanted to deal with a case of typhoid fever!  And when the wealthier citizens left town, they often headed for Cleveland Park. It was named for President Grover Cleveland, who was one of its earliest renovators.  He bought an old stone house near 35th and Newark Streets and renovated it for use as a summer White House.  He sold it when he left office, and unfortunately it fell to the wrecking ball.In the late 1800's, street car lines linked the neighborhood to downtown and changed its character, turning it into one of the capital's early suburbs.  Today's Metro system replaces the long defunct trolleys.While President Cleveland's house was torn d...
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By Patricia Kennedy, Home in the Capital
(RLAH@properties)
In the original 1792 plan for the District of Columbia, Pierre L’Enfant included a tract of land near the Capitol set aside for a national church.   But Congress decided against building an official church of any type, and the land is now the site of the National Portrait Gallery.A century later, the Episcopal Church obtained 57 acres on Mount St. Albans (now near the intersection of Massachusetts and Wisconsin Avenues, and began to plan its new cathedral.  Whether you live in Washington or you are visiting our city, The Cathedral is an amazing place to visit.I recently read Ken Follett’s book, Pillars of the Earth, about medieval cathedral builders – a book I highly recommend.  And the story gave me new appreciation for these beautiful structures and what goes into keeping them standin...
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By Mirela Monte, Myrtle Beach Real Estate
(Buyers' Choice Realty)
  Maybe it's because I'm the mother of a son I cherish.  Maybe it's because I'm the mother of a son who is currently serving in the military.  Maybe it's because I've only visited it after dusk.  There are lots of maybes, but one thing is for sure:   Never have I encountered a more emotional monument than the Vietnam Memorial.    As I make my way down into the monument and as the slab of shiny, black marble to my left grows taller and taller, revealing more and more names of fallen soldiers perfectly chiseled into the stone, I feel a knot forming in my throat and tears welling in my eyes and then I lose it.  It happens every time I visit this edifice: I just bawl my eyes out.  I'm crying now just remembering my encounters with "The Wall"...   58,256...  That's the number of names on th...
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