Category Archives: Real Estate

How’s the Market? Washington DC August 2014

032Market indicators in DC were mixed this August. Buyer activity was down in August relative to last. There were more active listings this August compared to last, but fewer new listings coming on the market. [Source: Real Estate Business Intelligence]

Full recap

My take: Buyers, competition is still strong for well-priced, attractive properties, but you have more options. Sellers, you must price carefully, get your property in tip top shape, and not necessarily expect quick or multiple offers.

If you or someone you know is looking for top-notch real estate service, contact me today! 202-905-5369 | jennifer.macomber@gmail.com.

Advertisements

Leave a comment

Filed under How's the Market?, Real Estate

How’s the Market? Washington DC June 2014

032The DC housing market’s somewhat late surge this year continued on into June.

Closed and new pending sales were up this June relative to last. Inventory also continued to improve. The median sales price, however, dropped slightly this June relative to last – the first year over year decrease since January 2012. [Source: Real Estate Business Intelligence] Full recap.

DC buyers – your options are improving and interest rates are still historically low!

If you or someone you know is looking for top-notch real estate service, contact me today! 202-905-5369 | jennfier.macomber@gmail.com.

Leave a comment

Filed under How's the Market?, Real Estate

How’s the Market? Washington DC May 2014

032The DC market picked up pace in May. Buyer activity increased with closed and new pending sales up slightly this May over last. Inventory also continued to improve, with increases in active and new listings, but still remains historically low. (Source: Real Estate Business Intelligence).

Full recap.

Interest rates also remain relatively steady and historically low making it a great time to buy!

If you or someone you know is looking for top-notch real estate service in the DC area, contact me today! 202-905-5369 / jennifer.macomber@gmail.com.

Leave a comment

Filed under How's the Market?, Real Estate

SOLD! Brightwood

Slide1Congratulations to my client!

If you or someone you know is planning to buy or sell, I’d love to assist!

202-905-5369

Leave a comment

Filed under Real Estate, SOLD!

Renovation Resource: What should I do before I move in?

Living Room (2)I believe one of the best ways to build equity in real estate is to buy a house that needs a little work. But what to do first? Where to start? What if the budget is tight?

These are the priorities I recommend:

1. Floors: If you don’t do the floors before you move in, you probably won’t do them. It’s also more labor intensive and expensive to do them once furniture is in the property. So focus on your floors – refinish wood, replace old vinyl/ceramic, and install new carpeting.

2. Paint: Like floors, it’s easiest and most cost effective to do before you move in. I do not recommend painting yourself. It’s time and labor intensive and you can hurt your resale with an average paint job (and most people do an average paint job). Be sure to have all trim, walls, ceilings, and closets painted.

3. Kitchen/Baths: Get these livable, but spend as little as possible if you plan a bigger remodel down the road. Paint and flooring go a long way, as do new countertops, vanities, and light fixtures.

4. Basic Furniture: This may seem counter-intuitive, but I do think it’s worth investing in a few nice pieces of furniture early on. I think a good couch is worth every penny and you get what you pay for with couches, so go for quality! I also think a dining room table and chairs is important. Craigslist can be a great resource if your budget is tight.

Obviously, any important system (electrical, plumbing, HVAC, etc.) or foundation work identified in an inspection or otherwise should be first priority!

Want to buy a house needing a little work? Bought a house, but need a consult on where to start? Contact me today! jennifer.macomber@gmail.com | 202-905-5369

 

Leave a comment

Filed under Real Estate, Renovation, Uncategorized

How’s the Market? Washington DC April 2014

032Buyer activity did not rebound as much as anticipated this spring, after a slower winter. Inventory continues to improve, but is still historically low, and so median prices are at their highest point for April on record. Source: Real Estate Business Intelligence. Full recap.

My experience and what I am hearing from colleagues reflects this. There are a lot of buyers in DC, but not enough inventory. As a result, we’re seeing fewer sales and rising prices.

Buyers, you need a savvy agent to help you succeed in this market. I work with clients to identify great properties, write the strongest possible offer, and get a home that meets their needs. Potential sellers, well-priced and well-prepared homes do very well in this market. I know how to help you price and prepare to maximize your value.

Contact me today! 202-905-5369 / jennifer.macomber@gmail.com

Leave a comment

Filed under How's the Market?, Real Estate

UNDER CONTRACT! Brightwood

Under ContractCongratulations to my client!

If you or someone you know is planning to buy or sell, I’d love to assist!

202-905-5369

Leave a comment

Filed under Real Estate, UNDER CONTRACT!

How’s the Market? Washington DC March 2014

032Buyer activity continues to be slow. Closed and new pending sales were down this March relative to last. Active and new listings were up, but inventory remains tight. (Source: Real Estate Business Intelligence, MRIS).

Full Recap.

With inventory tight, buyers need an agent who is strategic, knowledgeable, and can help them put together their strongest offer. Surprisingly, it’s not always just about price.

I’ve help many clients win in multiple offer situations and would love to help you, your friends, or family!

Contact me today: 202-905-5369/jennifer.macomber@gmail.com.

Leave a comment

Filed under How's the Market?, Real Estate

How’s the Market? Washington DC February 2014

032The DC housing market continued a pattern of slower than usual activity in February, likely due to the weather.

Closed and pending sales increased this February relative to last, but only by single digits, rather than the double digit increases seen last year.

New listings declined this February relative to last and inventory remains very tight, contributing to price growth and quicker sales.

Full recap.

If you or anyone you know is looking to buy or sell, I’d love to help! 202-905-5369/ jennifer.macomber@gmail.com.

Leave a comment

Filed under How's the Market?, Real Estate

UNDER CONTRACT! Brightwood

Under ContractCongratulations to my client!

If you or someone you know is planning to buy or sell, I’d love to assist!

202-905-5369

Leave a comment

Filed under Real Estate, UNDER CONTRACT!