Denny Horner's Blog

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2010-04-29T12:48:00.001-07:00

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Houses in Washington, DC

2010-02-23T06:39:00.000-08:00

Looking for houses in Washington DC? Wondering will it be a worthy investment? Well, most of us crave to live in a place that is considered as one of the most distinguished and beautifully adorned cities of the world. If you feel that it’s your dream to have a property surrounded by elaborate parks, trees and more, then Washington DC is likely to be your first choice. Why? For people Washington, DC stands as one the historical and vibrant cities of the United States.

Washington DC entices visitors with its rich cultural essence and numerous activities. Houses in Washington DC always hold a great demand in the real estate market. Established back in 1790, facts show that Washington DC houses a significant part of the past, present and future of the United States. With tourists coming from different parts of the world, it has developed as a great place for diverse business activities.

The city offers a perfect location to start with your new residence. There are several grey/white classic buildings, monuments and fine homes, helping you to delineate the beauty of this city. It does not look a lot like the other American cities. Unlike the other major cities, skyscrapers do not dominate the skyline here. In contrast, this city includes much of lush green open spaces to add to its scenic beauty.

Washington DC Real Estate brings you a great opportunity to invest in a variety of properties. Houses in Washington DC include an average price of about $335 square foot or so. Additionally, the average price listing is found to be approximately $639,962. However, this figure can vary from one area to another. It will be recommendable if you consult with your real estate agents relating to the current prices.

If you’re interested in buying condos, you can check with your real estate agent about the available Washington DC condos sale. The popular choice of neighborhoods includes the names of Dupont Circle and Georgetown. Other areas to be considered include Prince William County, Alexandria, VA and Arlington VA.

Washington DC new homes also include well furnished apartments. The apartments for sale in the city offer you carpeting, rich wall and well equipped kitchen, vanity, new baths, heating, gallery, individually controlled AC and a lot more to make you feel comfortable all the way.
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Anyone planning to relocate will find Washington DC to be an amazing city to spend the rest of the life marveling its cultural and historical significance. There are so many gorgeous new homes to select from in order to make your new home. So don’t be late. It’s your chance to book one now. With competitive market rates, you can afford to buy a quality home of your choice.

Houses in Washington DC

2010-02-23T06:33:00.000-08:00

Washington DC is the capital of United States and is located on the north bank of Potomac River surrounded by renowned states of Virginia and Maryland. It is the ninth largest metropolitan area in the country. In 2009 the district’s population recorded 600,000 residents, which signifies a trend in population growth since the year 2000 by 7.5%. Washington DC is the home to 174 foreign embassies and famous organizations like IMF and OAS and several others. Famous buildings like the White House and the beautiful museums are few of the attractions of this capital.

Washington DC went ahead of both London and New York City in the year 2009 to become the leader in foreign real estate investment. It was also ranked among the top ten areas in United States favorable to business expansion in real estate. Despite the world-wide economic crisis and real estate downturn, Washington is ranked second on the Forbes list of the best long-term housing markets in the country.

The geographic position of the Washington DC as surrounded by mountains and valleys has brought in pleasing weather conditions. The real estate properties recently listed are numerous in number which includes open houses, luxury homes, condos, town homes, multi family apartment, and water front homes and so on.

Quite a number of Washington DC new homes are available now. These are distributed in the northeast, southeast, northwest and southwest blocks of Washington DC. Amongst the four parts northeast part of the city is the most preferred one. The real estate market of Washington DC is flourishing in neighborhoods like DuPont Circle and Georgetown where the average listing prices are $654,992 and $2,340,475 respectively. The median sale prices for homes for sale in DC have decreased by 1.4% or 5000$ in 2009.This change in the statistics of homes in Washington DC have lifted up the home sale by as much as 7.9%.

The average cost price for Washington DC new homes has been cut down in the end of the month of December but variations have already been seen on the positive side. There are almost 151 educational institutions both private and public which include schools, universities, colleges and many other high-rated academic organizations. In the public sale categories there are almost 700 homes available whereas in the resale category we have about 4000 houses vacant. The average listing price for sale for houses in Washington DC was $690,946 for the week ending January 2009. This indicates an increased rate of 0.4% which amounts to $2,212 if compared to the week before in Washington DC condos sale price. The average price per square foot for Washington DC has been reduced by 0.6% in the year 2009. Almost 3000 houses have been sold recently in the city.

You can invest in Washington DC real estate with picks from re-sale houses, luxury houses, auctioned homes and pre-foreclosures. There has been constant stride in retail and tourism in Washington DC. Impressive developments in the fields of hospitality, finance, public policy, scientific research education, media and communication have attracted numerous occupants in the past few years. Washington DC is in fact an unparalleled place to settle in.

Learn what Bloomingdale Real estate has to offer

2009-10-21T01:53:00.000-07:00

The prices of properties in the District of Columbia have soared in the recent years and it does not show any signs of coming down for a considerable period of time. Now when the real estate market is slowly coming back on track, the prices are again expected to rise. If you are looking for a property in District of Columbia, then Bloomingdale is one of those places where you can make your search. It is located not very far from the downtown area and combines a healthy mix of architectural grandeur and natural beauty.

Finding a property in Washington DC may seem to be a Herculean task, but it is not the same when you consider buying a home in Bloomingdale. The demand is high as it is one of the most popular suburban areas of Washington DC. The presence of the historical monuments, Howard University, Children’s Hospital and the Catholic University has all catapulted it to the position of a popular real estate market.

The Bloomingdale population includes both long time residents and also new people who have moved in recently. So if you are impressed with what you have read so far, then do not waste time in thinking too much. Call up a Bloomingdale realtor and make your enquiries.

Dupont Circle Real Estate: why opt for a house in the neighborhood

2009-10-21T01:40:00.000-07:00

Looking for that perfect home in Dupont Circle? Dupont Circle Washington DC real estate is here to help you make your dream come true! The neighborhood is one of the favorites among investors for a number of reasons. The easy accessibility and the availability of all kinds of modern amenities makes it convenient for purchasers to invest in houses for sale Dupont Circle.

The historic Dupont Circle is located at the intersection of a number of important Washington DC streets. These include the Connecticut Avenue NW, Massachusetts Avenue NW, P Street NW, New Hampshire Avenue NW, and 19th Street NW. The Dupont Circle Metro Station is the easiest way to access the area. This makes real estate Dupont Circle popular.

When you are searching for a particular property it is best to opt for Dupont Circle real estate agents. They are the best when it comes to locating a house and begin proceeding with the legalities. The property listings of Dupont Circle real estate agents help you to locate the perfect house according to your requirements and budget. Zeroing on these two things is essential before you start on the paperwork.

The legal proceedings can be taken care of by the real estate agents as well. Dupont Circle real estate can be the best if you wish to transform your dream of being a home-owner into a reality.

Washington DC Real Estate Market Report October 2009

2009-10-08T03:28:00.000-07:00

Washington DC is one of the best places to live in the United States. If you thinking of making n investment pertaining to the Washington DC realty, you can go through the details about the latest Washington DC listings or the news on the Washington DC condos sale.

The average price in Washington DC for the one square foot of space was around US$ 1,366, which is a staggering rise in comparison to the same period last year. The increase was estimated to be around 266 %, which is huge. The average sales price for houses in Washington DC for the period of 2009 July to 2009 September was around US$ 375,000 which is based on the sale of 583 homes, as a part of property sales in Washington DC. In comparison with the last year, the average house sales price experienced a fall of around 3.8%, or in terms of money the decrease was calculated as US$ 15,000. The number of home sales experienced a fall of around 49 %.

At present with the number of new homes and resale in Washington going up to around 4000, which includes nearly 99 open houses and another 377 homes either in the auction stage, bank-owned stages or pre-foreclosure of the foreclosure process, it is a very good option of investment. The general listing price pertaining to the houses in Washington was around US$ 632,603 for the last week of the month of September. This exhibits an increase of around 0.5 % in comparison to the previous week.

Washington DC Real Estate Market Report

2009-09-28T21:43:00.000-07:00

The recession and post-recession phase posed as difficult times for all businesses, especially for the real estate market. However, with time the market is overcoming these troubled times as evident from the Washington DC Real Estate market. Washington DC realty has increased in value, by 137.8%, as compared to the dismal figures recorded in the previous year, i.e. 2008.

Property in Washington DC has increased in value, with the average price for every square feet rising to $944. The median sales price for houses Washington DC has recorded a figure of $395,000 in the last financial quarter. Be it two-bedroom apartments or condominiums Washington DC, the rates for houses have increased from those recorded in the last year by a relatively large margin.

Washington DC listings reveal that the figures stand at $990,218 and $2,578,959. The price of the houses of Washington DC depends on the neighborhood they are located in. The average listing price of houses at Columbia Heights is $453,644; at Stanton Park it is $557,827; at Adams Morgan it is $735,162; at Dupont Circle it is $990,218; at Georgetown it is $2,578,959; and so on.

Washington DC real estate gives a clear picture of the real estate scenario in USA. The increase in sales as well as the widening of the price range is indicative of a real estate market that is gradually overcoming the economic lowdown and emerging and expanding its horizons for a better tomorrow. With time, Washington DC real estate is sure to emerge as a profitable enterprise in near future.

Washington DC Real Estate - Market Report

2009-09-28T21:34:00.000-07:00

According to the latest statistics, the average price of Washington DC homes as per the listing was $264,062 and sold at $258,161. The average price at which per sq feet home is available in Washington DC is $100. The last year this rate was $122.

The latest listing published displays a list of houses in Washington DC in which there are about 52 available homes for sale with two or less bedrooms though active list claims to have 166 entries. Similarly entries of Washington DC condos sale as per the same list is more than 1500.

The foreclosed homes Washington DC price varies with locales. For example, a home with six bedrooms and two washrooms in South East of T Street is worth $140,000 and with three bedrooms and two bathrooms in Montello Avenue NE is $225,000.

The range of Washington DC rental homes varies from $500 to $4500 depending on various factors like location or distance from the downtown, amenities provided, property managers etc. But the average rent lingers around $1000. Houses within 5 miles from the centre of DC ranges between $1800 to $4500, some of these houses can be availed at a price as high as $7200.

If you are looking for new Washington DC condos, then this is the apt time to buy one because recently the price fell by 3.6%. According to the statistics of last year November, nearly 1100 condominiums were about to face foreclosure by the year end due to the sub-prime crisis.

Washington DC Real Estate

2009-09-01T23:28:00.000-07:00

Looking for a house, condo, rental apartment, there can be no better place than the world-class city of Washington DC. The capital city of the United States has one of the most diverse varieties of neighborhood starting from urban condo/apartments to suburban townhouses, single family homes to rural farmland. No matter whatever your choice is one is sure to meet his or her demand while searching in Washington DC real estate.

The real estate of Washington DC is undergoing a boom with the undergoing construction of thousands of new housing units, condominiums, and apartments. The vibrant communities with people of all nationality provide a well-rounded lifestyle anyone could ever crave for. Apart from being the economic hub of the country the city has several well acclaimed colleges, universities, institutes for higher education, 151 public schools inclusive of three high schools which were ranked among the top high schools in the country in 2003. One can check out websites which can give details about homes for sale, apartments for rent, foreclosures, or new homes and get the pricing as well by just providing the name of the locality or the zip code of your search area. Appointing a real estate agent can also assist in finding your dream home in Washington DC.

Washington DC Property-Have a look on the available ones

2009-09-01T23:19:00.000-07:00

Whether looking for a residential or commercial property or both, Washington DC proves to be one of the best destinations of United States offering huge real estate market on the same. The city’s commercial properties on offer are incomparable for both its quality features and prominence for being positioned in one of the most popular cities of the US. A property in Washington DC means you get access to all the major commercial and business points of the country.

Washington DC Property offers the key to step out and realize the importance of having a property in one of the most popular cities of the United States. All properties whether home, condos, apartments and others on offer can be conveniently found amidst a lot of activities pertaining to culture, business, entertainment and a lot more. Today, a number of real estate properties are available for those people in search for their dream home.

Now Washing DC Property with its available assortment promises you a best stay for your whole life. If you look for homes for sale in Washington, you can take help from a good real estate agent. Selecting an accredited real estate agent will always be considered a great decision when searching for properties in this US city. Whether selecting a condo or an apartment make sure to select the best always as all properties differ from one another in design, size and also in offering basic amenities. So ensure that you go for the best!!

Washington, DC Real Estate Market Snapshot

2009-08-11T23:16:00.000-07:00

Updated Monday, July 27, 2009

Listing Type	Number	Median Price	Price Change from Jun
Homes for Sale	2,903	$389,000	0.0%
New Homes	3	$434,540	0.0%
Foreclosures	781	$272,531	+1.8%

As you can see from the figures above, the figures have changed very little since June/09. The New Homes being sold and the resales have not risen whereas the foreclosures have risen slightly. These figures will also reflect business which started three months ago and finished this month. The price of new homes is higher than for resales and of course for bank owned foreclosures. The entire area has seen an overall increase in sales, for both new homes and resales. Unfortunately the foreclosures are rising but this could be a one to two year reaction to the overall economy.

Harsh Economy

2009-08-11T23:12:00.000-07:00

The real estate market is just starting to put itself together in today’s harsh economy. In Washington DC real estate, there are more available for sale homes in a neighbourhood than there are stable family-owned homes. What makes it hard for realtors is that when they try to show these homes, some of the yards are strewn with garbage and the houses are in a mess inside. If the nicer homes cannot be sold either in the same neighbourhoods, then no one is a winner. If you can overlook the cosmetic problems, you can easily grab up a property for much less than previously offered. The DC waterfront condos are available at a great price and are worthwhile looking at.

Even celebrities have to forfeit their homes. Stephen Baldwin, of the famous Baldwin Brothers, had to let his home return to the bank after missing several thousands of dollars in payments to the bank. He has just entered into bankruptcy. No one is immune to the economy’s muscle hold especially if they invested in the Madoff pyramid scheme. Madoff took many wealthy people and their savings to the laundry when he used one person’s investment to pay off another’s investment. It all caught up to him when too many demanded their money back but the money wasn’t available due to his own investments. A safe investment is always homes for sale in Washington DC.

Don’t hide your money in your mattress either as one daughter learned the hard way. She thought her mother needed a new mattress and box spring so she went ahead and bought a new set. The deliverers took away the old set and took it to a dump site. When the mother returned to her house and found out the surprise, she wailed in terror. There was over a million dollars hidden in that old set. They had to search and scour all the dump sites for days before the money was found.

If you are lucky enough to be in a buying position in Metro DC homes area, do it soon. The interest rates are phenomenal and the availability of homes is outrageous. You can virtually have your pick if the circumstances are right. Every neighbourhood and subdivision has homes for sale, foreclosures going for a good price and there is always hope at the end of the tunnel. If you are sceptical don’t be, now is the time to get out there and look. School will be starting up soon and you need to get your children settled before they start classes.

Choose the Best Realtor in Dupont Circle

2009-08-11T23:09:00.000-07:00

1. When it comes to choosing a real estate agent, consumers who do their homework can save thousands of dollars and experience a smooth financial and physical transition. So don't waste time and resources - decide what's most important to you, and then find a professional who specializes in that area. Are you buying or selling a loft? A condo? A rural property? Raw land? An investment property? Perhaps cost is your main concern. Or timing. When purchasing in Washington, consider the Dupont Circle Condos.

2. Ask friends and family members for referrals. Someone you know and trust may have an agent in mind to help you meet your real estate goals. Don’t forget about the Real Estate in Dupont Circle Condos.

3. If you've already determined where you'd like to live, drive through neighbourhoods in the area and survey them for Realtor yard signs. Seeing the same name pop up on signs time after time may indicate that the agent is a specialist in the area. If you're thinking about selling, monitor the signs in your own neighbourhood. Make sure you look for Dupont Circle Homes for Sale.

Moving far away? Online, you can begin to meet and greet agents from all around the world who can offer the same great expertise and service Consider services they offer, additional certifications, any specialties, languages they speak. You'll find the right professional to meet your real estate needs no matter where your home search takes you. If you are staying in Washington DC, please consider Condos in the Dupont Circle. You will be very pleased.

Buy rather than Rent in Dupont Circle!

2009-08-11T23:07:00.000-07:00

Today’s topic is tips for creating long-term wealth with real estate. Real estate values should always increase, whereas car values decrease over time!

Several years ago, when my grandfather passed away, I saw the statement from the probate of his estate. By the end of his life at the ripe old age of nearly 90, most of his retirement savings had been spent. Where was his wealth when he died? In his Washington, DC condo, which he and my grandmother owned for more than 20 years. During his working life as a chemical engineer and later after he retired, his house was quietly working away too--chugging along and generating considerable equity over time. You should also consider a Dupont Circle Condo.

The lesson to take away from this little story is simple and really important: Over time, real estate goes up in value and, over the long term, it can go up a lot! Although appreciation has slowed recently in the US, owning real estate for the long term can be a powerful wealth building strategy. As the old saying goes, “Don’t wait to buy real estate; buy real estate and wait.”

On average, homeowners have higher net worth than renters. According to the study done, the average net worth of renters is $54,000, but the average net worth of homeowners is $625,000! More than 11 times more. Please make sure you have a look at the Condos in Dupont Circle.

If you don’t already own your own home, consider making it a goal to buy one. It’s easier than you might think. There are many loan programs available that allow for low down payment for home buyers. Always keep in mind the real estate in Dupont Circle.

Are you thinking of a Purchase?

2009-08-11T22:54:00.000-07:00

According to the latest news reports, interest rates for mortgages and long term loans are on the rise, which may indicate that the recession is on the way out slowly but surely. But we should not count our eggs before they hatch. Just because these reports indicate an interest rate hike does not mean it is necessarily so with all the lending institutions. Is it a good time for you to lock in that variable rate mortgage now? In real estate, Washington DC homes and DC waterfront condos are available for sale.

I can’t venture a guess. Is it time to start saving up for a house? Definitely, that is always a good thing. You should have a talk with your lending institution and get something in writing before leaping into the housing market. When you are ready, Metro DC homes which are currently on the market are a great deal and plentiful in numbers.

Here is a list of things to consider if you are currently renting and wondering if you should make the leap into the homes for sale in Washington DC domain:

. If you can afford another one-third on top of the current rent you are paying for your housing, then you might consider buying

. If you have a creative flair and would be able to decorate your new home on a dime, you might consider buying

. If you are mechanically minded and love to fix plumbing, electrical and wood work, you might consider buying a home

. If you need extra room for the family and impending children then you might consider buying a home

. If you have a down payment saved and can subsist on very little until the deal is sealed then you might consider buying a home

. A home can be as simple as a one bedroom condo or a four bedroom side split in the suburbs of the city, it is up to you to decide

. If the taxes, interest and principal payments are no higher than 30 per cent of your net income, then you might be able to buy a house

. If you want a small piece of land to call your own, to tend a garden and rake leaves, then you might consider buying a home

. If you have the backing of friends and family, then you might want to consider buying a home

. If you start small and then enlarge your house throughout the years, you might be able to afford a home

. If you are truly tired of paying someone else for their property, rent, then you might consider buying rather than renting any longer.

Welcome to Denny Horner's Blog

2009-07-21T08:32:00.000-07:00

Welcome to my new real estate blog. Please check back often as I will be posting regular updates.

Sincerely,
Denny Horner