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 August Update for Buyers & Sellers:
I took a look recently at all the info I have reported to you over the years. It reflects the ups and downs of the real estate market and, I hope, offers a correct view of present circumstances. I got a letter from a client for whom we manage a condominium who lives in Paris. He asked when central Washington apartment values will reach $3,000 a foot. I reported: “Not soon, but with Washington increasingly becoming an attractive place to live and invest, many sellers have done well with their apartment values. So who knows?”
The market is strong. We have had a particularly busy late spring. Demand is up and buyers are anxious to buy that just right apartment for themselves. So sellers do well; but so too there are continued advantages for buyers. Rates are still comparatively low, with lenders requiring low equity in many cases.
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.
