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Katie Wethman's Northern Virginia & Washington, DC, Real Estate Blog

Real Estate Agent - Keller Williams

Arlington Real Estate, Northern Virginia Real Estate, DC Real Estate, District of Columbia Real Estate, Fairfax Real Estate, Alexandria Real Estate, Falls Church Real Estate, Old Town Alexandria Real Estate, Ballston, Clarendon, Virginia Square, Rosslyn, Courthouse, Orange Line Real estate, Shirlington, Continental, Eastview, Westview, Lexington Square, Alta Vista, Colonial Village, Odyssey, Ballston880, Eclipse, Berkeley, Hyde Park, Phoenix, Zoso, Lyon Village, 1021, Clarendon 1021, Courtbridge, Heatherlea, Dupont, Georgetown, Cleveland Park, Chinatown, Mount Vernon Square, Foggy Bottom, Glover Park, Woodley Park, Adams Morgan, Kalorama, Mount Pleasant, Columbia Heights, Waterfront, Southwest Waterfront, first time home buyer, first time homebuyer, buyer’s market, foreclosure

RECENT BLOG POSTS

Free first time home buyer class in Washington DC

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A free home buyer class is scheduled at Martin Luther King Library. As with our other classes, there is absolutely no cost or obligation to attend this one hour educational session where we will recap the current market conditions, discuss the future outlook, and provide an overview of the home p...

01/22/2009

December 2008 Market Stats for Northern Virginia, Arlington, DC, and Montgomery County

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MRIS (the consortium that owns our regional multiple listing service) has published the December 2008 stats, and I've updated graphs at my website: Arlington Market Stats - Arlington continues to post strong numbers. Only 4.91 months of inventory available, and of the homes that sold in December,...

01/10/2009

Home Seller Class in Northern Virginia

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Our home seller classes are educational sessions designed to give an overview of current market conditions and the home selling process. We cover a recap of the market, current trends and market stats including days on market, average sales prices, and inventory levels. We'll also discuss how to ...

12/31/2008

First Time Home Buyer Seminar in Arlington

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The first classes of 2009 are now scheduled at Arlington County Library. As in the past, there is absolutely no cost or obligation to attend this one hour educational session where we will recap the current market conditions (including stats like days on market, inventory levels, and average sale...

12/31/2008

Challenges in Buying an Investment Property in Northern Virginia: Financing

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The Washington Posts' Express paper had a special Home Buyer's Guide this past Wednesday, and I was honored to be asked for my thoughts on buying investment properties.During my conversation with the author, I noted that prices inside the Beltway--areas that are optimal for finding renters--have ...

11/30/2008

Buying an Investment Property in Northern Virginia

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As prices plummet, some solid investment opportunities are starting to emerge…but how do you identify good investment properties? Step 1: Identify some target neighborhoods. - The first thing to do is to consider long term (e.g., 10 years) appreciation potential. Think about area employment (and ...

11/26/2008

$5000 Tax Credit For Home Buyers in the District of Columbia

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Here's a little known add-on to the 2008 Emergency Economic and Stabilization Act - aka the $700 billion bailout bill: the $5000 credit for DC first time home buyers. Area residents are familiar with this credit, and know that it had expired on Dec 31, 2007. Though typically every year it's passe...

11/24/2008

How will the election impact Washington DC area real estate?

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I’m often asked whether the market will pick up after the election, with the incoming administration. Whether the Republicans or Democrats win, a wave of new junior staffers and senior officials will sweep into Washington, DC. My guess is that the impact on the real estate market will be positive...

11/24/2008

Relocation Tips for Incoming Administration

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Welcome to Washington! No doubt you’re excited about what the next four years holds for both our country as well as your own relocation. Washington, DC, Northern Virginia, and suburban Maryland are fantastic places to live, as you will soon discover. Obviously there are lots of other factors to...

11/24/2008

How much do I need for a downpayment?

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How much do I need for a downpayment? It depends. (Come on, you knew I was going to say that.) There are some rules of thumb though. First, you can bet you need a heck of a lot more than buyers did a few years ago, or even one year ago. There are lots of influencing factors: type of financing, am...

11/24/2008