Thursday, October 30, 2008

Feeling Nosy about DC? MD? VA?

Ok, I know you're probably not planning on moving this very second, but here's this week's list of interesting-looking listings that have just come on the market. Mind you, they may not actually be my personal listings --- just intriguing properties I've come across this week.

Feeling nosy about the District of Columbia?
Feeling nosy about Virginia?
Feeling nosy about Maryland?

If you know someone who might be interested in this list, please forward it on to him or her. And if there's a listing that you're curious about yourself, just let me know ... and I'll show it to you ... just for the hell of it ... no obligation ... *I promise*. Really. (One of the perks of being the friend of a real estate agent ought to be that you get to freely snoop around other peoples' homes!)

Huge Condo Auction at "Ashmore at Germantown"

I wanted to alert all of our clients and friends to a great opportunity to pick up a brand new condo in Montgomery County at an upcoming auction. Some of you may have seen a report about this auction on WUSA 9 News, view that report here:





The builder of The Ashmore at Germantown has apparently decided to cut his losses and auction off nealry 60 remaining units in the development. The 2 bedroom/2 bathroom condos will start at $140K. I ran quick comps in the MLS and it looks like as late as this spring the same units were listed for around $335K.

The auction will take place on Sunday, November 16th at noon at the Hilton in Rockville. The auction house will have the units open for the public to view November 1st, 2nd, 8th, 9th and 15th from 11 am to 3 pm. The community center/sales office is located at 13500 Carlow Point Circle at the intersection of Waterford Hills Boulevard Father Hurley Boulevard in Germantown.

At the auction WEBSITE you will find detailed floor plans, a map of the community and a price sheet of the specific units and the starting bids for each. This seems like a greast opportunity for first time buyers or those looking to pick up an investment property. Let me know if you would like help understanding the auction process, I have successfully purchased investment property at auction and I am happy to share my knowledge. Contact me at Michael@RealAstute.com or 202-369-9821.

Thursday, October 23, 2008

Feeling Nosy about DC? MD? VA?

Ok, I know you're probably not planning on moving this very second, but here's this week's list of interesting-looking listings that have just come on the market. Mind you, they may not actually be my personal listings --- just intriguing properties I've come across this week.

Feeling nosy about the District of Columbia?
Feeling nosy about Virginia?
Feeling nosy about Maryland?

If you know someone who might be interested in this list, please forward it on to him or her. And if there's a listing that you're curious about yourself, just let me know ... and I'll show it to you ... just for the hell of it ... no obligation ... *I promise*. Really. (One of the perks of being the friend of a real estate agent ought to be that you get to freely snoop around other peoples' homes!)

New $7500 First Time Buyer Credit

As part of the recent economic stimulus legislation, there is a new $7500 temporary tax credit to provide an incentive for first-time home buyers. The $7500 credit is available for the purchase of a principle residence on or after (retroactive to) April 9, 2008 and before July 1. 2009. The National Association of Realtors (NAR) has a great 6 page info sheet about the program and how it works, HERE.

$5000 DC First Time Buyer Tax Credit Renewed

The recent economic stimulus legislation also renewed the $5000 First Time Buyer Tax Credit for buyers in the District of Columbia. The credit does not have to be paid back like the $7500 federal credit. You can not use both the $7500 and $5000 tax credits, you can use one of the other. So, my recommendation for folks buying in DC use the DC Credit since they would not have to pay the credit back to the government. Learn more about the credit HERE.


Thursday, October 16, 2008

Feeling Nosy about DC? MD? VA?

Ok, I know you're probably not planning on moving this very second, but here's this week's list of interesting-looking listings that have just come on the market. Mind you, they may not actually be my personal listings --- just intriguing properties I've come across this week.

Feeling nosy about the District of Columbia?
Feeling nosy about Virginia?
Feeling nosy about Maryland?

If you know someone who might be interested in this list, please forward it on to him or her. And if there's a listing that you're curious about yourself, just let me know ... and I'll show it to you ... just for the hell of it ... no obligation ... *I promise*. Really. (One of the perks of being the friend of a real estate agent ought to be that you get to freely snoop around other peoples' homes!)

Renovator's House Tour 2008

Be sure to check out this year's Renovator's House Tour on Capitol Hill. The tour is this Saturday, October 18th from 10 am to 4 pm. All of the renovated houses on the tour are walking distance from one another here on the Hill. The tour benefits the Capitol Hill Cluster School. Check out their website at http://www.renovatorshousetour.org for more information.

Thursday, October 09, 2008

Feeling Nosy about DC? MD? VA?

Ok, I know you're probably not planning on moving this very second, but here's this week's list of interesting-looking listings that have just come on the market. Mind you, they may not actually be my personal listings --- just intriguing properties I've come across this week.

Feeling nosy about the District of Columbia?
Feeling nosy about Virginia?
Feeling nosy about Maryland?

If you know someone who might be interested in this list, please forward it on to him or her. And if there's a listing that you're curious about yourself, just let me know ... and I'll show it to you ... just for the hell of it ... no obligation ... *I promise*. Really. (One of the perks of being the friend of a real estate agent ought to be that you get to freely snoop around other peoples' homes!)

Long and Foster Goes Green

I am pleased to see that our broker, Long and Foster has "gone green" with a new corporate Green Statement, here:

Thursday, October 02, 2008

Feeling Nosy about DC? MD? VA?

Ok, I know you're probably not planning on moving this very second, but here's this week's list of interesting-looking listings that have just come on the market. Mind you, they may not actually be my personal listings --- just intriguing properties I've come across this week.

Feeling nosy about the District of Columbia?
Feeling nosy about Virginia?
Feeling nosy about Maryland?

If you know someone who might be interested in this list, please forward it on to him or her. And if there's a listing that you're curious about yourself, just let me know ... and I'll show it to you ... just for the hell of it ... no obligation ... *I promise*. Really. (One of the perks of being the friend of a real estate agent ought to be that you get to freely snoop around other peoples' homes!)

DC Tour of Solar Homes and Buildings

With all the news of doom and gloom surrounding the financial and housing markets, it is nice to know that there is a "bright spot" -- solar power! You heard right, solar paneled homes and commercial buildings have become very sophisticated. Many of the homes and buildings using the latest in solar technology are right here in DC and you can see them yourselves this weekend.

Over 50 homes in the DC, Maryland and Virginia area will be open on Saturday and Sunday from 11 am to 5 pm. Learn more about the tour at http://www.solartour.org/.