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In order to review information on over 125 condominium and co-operative buildings in NW Washington, DC click on "Featured Buildings" to the left of this screen. 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.
Margaret's May Update for Buyers & Sellers: There is interesting positive news about the District of Columbia market that runs contrary to reports of national trends. Statistics are now in for sales in 2007 and an overall increase in average D.C. property market values of over six percent is reported. These figures relate to condominium values only marginally because the average is skewed by significant increases in single family housing in the new baseball stadium area. Nevertheless, the average jives with our experience to the extent that we continue to see steady values on the whole with no dramatic plunges except in rare unusual circumstances. This is all a positive element of the in town market. While we are not recession proof, we do have continued demand by virtue of being able to provide great convenience to downtown in an enormous variety of buildings in all prices ranges.
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 registration and rent control exemption of the property with D.C.Housing.
Ask about commission credits for buyers & sellers of million dollar properties.
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.
For those of you that are first time buyers, call Lee Siegel in the office. He has worked with many of you and can provide a helping hand with the whole process. He knows the ins and outs of getting you qualified for financing, and guiding you to the point when you can make an offer from strength. Remember, there is a whole lot more to buying than just finding an apartment. Lee will eliminate the uncertainties and reduce the stress. Call him.