In order to review both sale & rental information on over 100 condominium buildings in NW Washington, DC click on "Featured Properties". The price listed below the name of the complex is the lowest priced unit recently sold in that particular complex. When you click on the building information, you will see the range of prices. To further assist people interested in "pet friendly" buildings, all complexes are listed by their pet restrictions. There are photos of condo lobbies, pools, rooftop decks, and various amenities.
Margaret's June Update for Buyers & Sellers:
Over the last several months there seems to have been a slowing of the real estate market. Press reports in the Wall Street Journal and other news media have confirmed this trend. Washington has also seen a reduction in sales and a less than robust leasing market. Interest rates, now edging around five percent, may be a contributing factor. The election in Washington too, has had influence, but the explanation may be an inexplicable lull that does grip the market from time to time. Our sales and rentals have been slow. However, as if a bolt of lightning had struck, buyers were out in droves and properties that had been on the market for over ninety days with little interest were snapped up. A trend? Only time will tell if this is so, but we anticipate the renewal of a strong summer market. Rentals, particularly in older buildings, are slow. Remodeled kitchens and baths are often required by potential tenants.
There have been a number of recent inquires about Margaret Lamberton Real Estate's fee structure for leasing property. The leasing charge, for a one year lease, is equal to the first month's rent including an advertising allowance of $200.00. This fee also includes advice about registration and rent control exemption of the property with D.C.Housing.
Ask how to save your first five years of D.C. real estate taxes. You can also ask about Washington, DC's college tuition credit plan that can save you thousands of dollars each year toward your childrens' higher education with federal funding for DC residents.
Ask about commission credits for buyers & sellers of million dollar properties.