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1640 21st St NW #1
Dupont Circle
Washington,
DC
$724,900
UNDER CONTRACT! JUST 4 DAYS!
2BR/1.5BA ON PERFECT DUPONT STREET 2 BLOCKS TO METRO!
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24 Logan Circle NW # 3
Washington,
DC
$369,000
UNDER CONTRACT! 5 OFFERS!
PET FRIENDLY LOGAN CIRCLE 1 BR WITH FIREPLACE
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1607 S ST NW
Dupont Circle
Washington,
DC
$1,595,000
SHOWN ANYTIME!
MARVELOUS MANSE! 4BR/3BA with SEPARATE LL UNIT IN THE HEART OF DUPONT!
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1631 19th St NW #42
Washington,
DC
$2,400
RENTED!
HUGE DUPONT 1BR WITH PARKING
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2854 Connecticut Ave NW #11
Woodley Park
Washington,
DC
$185,000
NEW PRICE! $10K PRICE DROP
PERFECT WOODLEY PIED-A-TERRE! Sunny studio two blocks to Metro
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2200 17th St NW #220
Meridian Crescent
Washington,
DC
$699,900
UNDER CONTRACT!
DELUXE 2-BR 2.5BA 1400 sq ft CONDO IN THE HEART OF IT ALL!
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4412 Harrison St NW
AU Park / Friendship Heights
Washington,
DC
$799,900
SOLD!
4BR/2.5BA HOME WITH TONS OF UPGRADES, WOOD FIREPLACE, 4-CAR PARKING AND LANDSCAPED YARD!
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1601 18th St NW #918
The Imperial House
Washington,
DC
$279,900
SOLD!
PET FRIENDLY 9TH FLOOR STUDIO IN THE HEART OF DUPONT
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1120 Constitution Ave NE
Washington,
DC
$799,900
SOLD OVER ASKING PRICE!
CAPITOL HILL PERFECTION! 3BR/2.5BA with 2-CAR GARAGE PARKING AND GORGEOUS BACK DECK!
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1300 13th St NW #604
SoLo Piazza at Logan Circle
Washington,
DC
$624,900
SOLD!
GORGEOUS 2BR/2BA WITH BALCONY AND GARAGE PARKING AT SOLO PIAZZA!
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1511 Q St NW
Dupont Circle
Washington,
DC
$1,599,000
SOLD!
DELUXE 4BR/4.5BA DUPONT HOME WITH 2-CAR GARAGE
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2113 S St NW
at Florida & Connecticut in Kalorama Triangle
Washington,
DC
$2,190,000
EXQUISITE KALORAMA TREASURE! FULLY RENOVATED 5BR 4.5BA STONE MANSE W/ 1BR LL UNIT, 2-CAR PKG AND ROOF DECK
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These
Days, First Time Home Buyers are Primed to Cash In
The rising tide of foreclosures has pushed down home prices
significantly over the past 18 months. Homes, relative to
income, are about at the historic norm, which means they're
more affordable than they've been in at least a decade. |
While
New York City Bleeds, Washington Thrives At
the same time Wall Street is losing jobs and prestige, the nation's
capital is gaining steam as it ramps up to fight the recession.
Business Week |
Forbes'
Best Places to Buy 2009: Washington is #1
Washington, D.C., traditionally takes a back seat to world cities
like London, New York and Tokyo when it comes to real estate
investment. That's likely to change. Forbes |
DC
Top Spot for Foreign Investors in 2009
Foreign investors in real estate expect to spend much more
this year than they did in 2008, according to an annual survey
by the Association of Foreign Investors in Real Estate. After
two years, D.C. regained its No. 1 status as the top global
city for foreign investment in properties, followed by London
and New York. |
| Metro
Area Population Continues Upward Trend
The Washington area added 75,000 new residents last year,
according to new census population estimates released today.
One in four lives in Loudoun County, which grabbed a growing
share of new arrivals and is one of the nation's fastest growing
jurisdictions. |
Building
Strategies To Map Out Growth
In 25 years, experts say, there will be 2 million more people,
833,000 more homes and 1.6 million more jobs in the region.
Area leaders gathered for a planning exercise designed to help
calculate their next moves. |
DC First Time Homebuyer
Tax Credit Extended
Homebuyers purchasing their first home in DC will once again
receive a $5000 tax credit (not a deduction!) for any
home purchased between January 1, 2004 and December 31, 2005.
Restrictions apply, and the tax-credit is a one-time deal. For
more information contact David
Bediz or visit the IRS website at IRS.gov.
|
Sellers and Buyers
save .4% on "high-cost" sales
As of October 1, 2004, the transfer tax (paid by sellers) and
recordation tax (paid by buyers) on sales over $250,000 have
both been reduced to 1.1% instead of the previous 1.5%. Sales
under $250,000 have always been 1.1% |
"Low"
Income buyers benefit from huge tax savings
The DC Tax Abatement program may benefit you immensely if
you meet certain income requirements, will live in the property
and the property value is less than $250,000. Unfortunately
very few properties in DC are available at this low cost,
but your income may be "lower" than you think...
As a single purchaser making less than $50,000 you may qualify!
You will save 1.1% recordation tax, receive 1.1% from the
seller (in place of his/her transfer tax payment) and you
will not pay property taxes for five years. You could
therefore save as much as $15,628 over the course of
five years! |
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