ICE CREAM ICE CREAM!! Water Gazing and Georgetown Harbour

Kennedy Center Washington, DC

DC RE GAL enjoying some ice cream

Oh Yes!!! Well if you can't tell yet, I LOVE LOVE LOVE the summer! Hot weather is the best, feel the energy smell the floral fragrance and most of all enjoy the warm sun and cool breeze. Today we are at Washington Harbor and its fantastic weather. People are sitting on the lawn enjoying lunch, taking long strolls in the park and moving hurriedly along to their next business engagement.

No matter what your doing you can't help but SMILE, sometimes for no reason at all. What makes a sunny day the best??? The best part of the day is the ice cream from Hershey's Old Fashion ice cream parlor in Georgetown. It was perfect because there was absolutely NO line! Perhaps that was because I had a cone at officially 11:45am. Don't you love it!! Yours truly, health conscious nut, went out on a limb and splurged for old fashion creamy calories!

Parents as if the Ice Cream is not enough to get you down here with your children, the splash park will do the trick. These little monsters are having a giggling good time. Who needs a pool when you stand 2 feet tall and weigh all of 30 pounds? Stripping down to your "bloomers" becomes not only acceptable but down right adorable. Their laughter is indeed contagious.

 

What's up on the blog today? Take a peek at my short video spill and then read on....

Georgetown has a myriad of condos and one blog definitely won't cover everything but we are going to do our best to take a snapshot of the market. 

Georgetown Washington, DC Condo Statistics

Where are my condo owners in Georgetown?

This is an exciting report for sellers. The one bedroom condo market took a slight dip from October through December but that only makes sense, can anyone say "government shutdown." However when we continue to examine the chart we see a strong steady market from February 2014 until present. All this despite a winter that wouldn't quite which is an afterthought at this point. Do you have a gorgeous 2 or 3 bedroom condo in Georgetown? The median sold price continues to make incremental increases month over month. The three bedroom condos reflect the growing interest in urban dwelling while not losing out on comfortable living space. If you've been sitting on the fence waiting for the perfect storm it just hit. Interest rates are historically low and Wells Fargo offers an amazing jumbo loan program 89.99% Jumbo financing with no MI.

Well that's it for today folks. I sure hope you are enjoying this beautiful weather as much as I am. If so please share and tell me what makes your summer special. Even better post your Favorite Georgetown Ice Cream Shop and be sure to tell us why it's so fantastic!!!

Find Homes for Sale in Georgetown

Visit my website to search for homes in Georgetown or to be notified when homes in Georgetown come on the market.

To find out what you home is worth in the current market email me or call 202-438-1056.

 

Georgetown, Red Hot Chili Peppers! Lattes (Ice Cold)

Red Hot Chili Peppers

So I'm headed downtown today and it's insanely hot in DC, no I mean seriously its 

Muy Caliente!!!  

As a true Washingtonian we say "welcome to DC the day after Memorial Day." Here comes the dog days of summer but with the heat comes the fun in Washington, so much to do and so little time. The warmth of the sun brings out the best in everyone; smiles, sunshades, cool dresses and fabulous sandals and Georgetown is no exception. The vibe is amazing and the buzz of the city abounds all around you as the day gets under way. People are everywhere men, women, children. People on the street, from the gentleman in the skinny Versace Suite to the den mom #fashionista wearing the incredible pair of Espadrilles and cute Maxi Dress. Who do you identify with? Or perhaps you're somewhere in between. Either way Georgetown is the happening spot! People not only live here, they work here! Whether in Washington Harbor on the waterfront, or a little further up in a boutique shop off Wisconsin Avenue between M and Glover Park. Somewhere in the mix of it all are the hideaway neighborhoods that flank all the excitement. So here comes the latest on the real estate market in Georgetown Washington, DC.

But wait.... I can't get it started without first stopping in to one of my favorite spots in Georgetown, Dean and Deluca's.

Dean and Deluca Georgetown Washington, DC

Time for an iced latte!!!

 



Is the Georgetown market heating up along with the temperature?

Absolutely!! This is a hot market for sellers!! Your values have soared over the last 5 years and are continuing a steady climb. Year over year Georgetown is recognizing a 8.24% increase in sold dollar value for units. While the values go up up and away, the average days on market are down month over month by 46.09%. Wonderful news and a perfect storm to list your home for sale now and realize your equity.

Adding to this wake in the market is the Average Sold to Original List Price topping out at 98.93% overall.

This chart is for attached homes in Georgetown. What type of home do you live in? What is the dollar value that you would like to get for your home? How many days on market do you want it to take from list to sell? What about your living square footage, how does that affect the Average Sold to Average List Price? If you would like answers to these and many other detailed questions inbox me. I take a look at the market detailed from your homes perspective not the general market place. Free Real Estate Reports available 24/7. 

Find Homes for Sale in Georgetown

Visit my website to search for homes in Georgetown or to be notified when homes in Georgetown come on the market.

To find out what you home is worth in the current market email me or call 202-438-1056.

DC Metro RE Gal!

Join me in a cool Cup of Joe over the summer. Be sure to share with me your favorite coffee shop in Georgetown along with a picture of you as you enjoy it!

Home Prices in Georgetown Washington, DC for December 2013

Home Prices in Georgetown for December,2013

Real estate market data for Washington, DC provided by Natalie Dean of www.washingondcluxuryhomes.net.

Georgetown Home Prices

Luxury Brownstone

Georgetown brings the best of all worlds together. A incredible mix of single family homes infused with charm as well as Brownstone and loft style condos. Sold median prices for attached homes averaged between 1.5 million to 2 million for the better part of 2013 while attached homes steadied at 865k for the year. All indicators show that we will continue to see a steady market for home prices in Georgetown. The days on market are promising for area sellers which plummeted to 43 days in December. Demonstrating the tremendous amount of interest buyers are expressing a tremendous in the market. If you are on the fence about this being the right to sell, call a knowledgeable agent. One who understands the style of homes, knows proximity matters and is aware of which locales in Georgetown are garnering the most attention. Getting a comprehensive market analysis guarantees that you get the most amount for your home in the least amount of time.
If you are interested in how much current inventory is on the market in Georgetown you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer period. At the time of this posting there were 87 active residential properties, not a tremendous amount of homes considering the size of Georgetown.  I wouldn't expect home prices to run up quite as fast as they did during the bubble, banks have gotten a lot stricter on lending guidelines and jumbo loan products although available can be more grueling to obtain. But moderate inventory is one indicator that prices should continue to rise. 

 Georgetown Home Prices

 

Georgetown Real Estate Report Summary December 2013

Statistic	Values	YoY	MoM
Total Sold Dollar Volume	$60,390,351	+23.81%	+47.45%
Closed Sales	52	+6.12%	+36.84%
Median Sold Price	$970,000	+31.61%	+10.54%
Avg Sold Price	$1,161,353	+16.67%	+7.75%
Avg Days on Market	43 days	-36.76%	-25.86%
Avg Sold to Orig List Ratio	96.27%	+0.61%	-0.59%

Find Homes for Sale in Georgetown Washington, DC

Visit my website to search here for home in Georgetown or to be notified when Georgetown homes come on the market.
To find out what you home is worth in the current market Email Natalie or call 202-438-1056.

Home Prices in Cleveland Park Washington, DC for December 2013

Home Prices in Cleveland Park DC for December, 2013

Real estate market data for Washington, DC provided by Natalie Dean of  www.washingtondcluxuryhomes.net

Cleveland Park Home Prices

2013 was very interesting year for prices increases on home prices in Cleveland Park  in fact most would call it on amazing roller coaster ride. The year ended very close to where it began in January of 2013 and would saw a tremendous spike in home prices in the middle of summer.  July was HOT for more than one reason This is a high-end luxury community, single family homes have a median sales price of 1.8million and attached homes hover right at a median sales price of 1.5million. Many ask "are there any deals to be found among all this lux properties?" They are few and far between and the best way to find them is to be notified consistently about properties coming available in Cleveland Park and having a competent agent who has the pulse of the market is a must. As you can see from the graph below, listings are selling at about a 98% ratio to list price. Although this is the case always ensure that you don't overpay for your home, have an agent do a thorough market analysis of the Cleveland Park home on which you are making an offer.

If you are interested in how much current inventory on the market in Cleveland Park you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Washington DC, homes have a median time of 54 days on the market before they sell. History shows this is a more aggressive time for sellers than buyers and lower inventory is allowing for multiple offers on homes in Cleveland Park. If this trend holds true the spring and summer market holds longer days on market and more of an opportunity for buyers to make an aggressive offers on a homes. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. But low inventory is one indicator that prices should continue to rise. The trends are interesting and the market is strong so don't wait too long to make that decision to sell. 

 Cleveland Park Home Prices

 

Cleveland Park Real Estate Report Summary

December 2013 Summary

Statistic	Values	YoY	MoM
Total Sold Dollar Volume	$21,274,850	-44.59%	-12.63%
Closed Sales	28	-31.71%	0%
Median Sold Price	$522,450	-21.79%	+1.15%
Avg Sold Price	$759,816	-18.87%	-12.63%
Avg Days on Market	54 days	-12.9%	+45.95%
Avg Sold to Orig List Ratio	98.46%	+3.94%	+1.23%

Find Homes for Sale in Cleveland Park DC

Visit my website to search for homes in Cleveland Park or to be notified when Cleveland Park homes come on the market. 

To find out what you home is worth in the current market Email Natalie or call 202-438-1056.

Crestwood and Rock Creek Park a gorgeous combination

CRESTWOOD A 

WASHINGTON DC GOLD COAST COMMUNITY

Crestwood a premier community that is flanks 3 sides of Rock Creek Park, is strictly residential. Accentuated by Single Family Homes and Sprawling Lawns it is home to Rock Creek Tennis Park and the famed Carter Baron Amphitheater. 

Rock Creek Park is a major attraction whether you are there to do nature watching, hiking, taking a jog or  just looking to take a break from the grind of the city and enjoy the gurgle of creek. The ambiance is quiet and majestic, it adds to the beauty of the Crestwood neighborhood and has a positive impact on the luxury driven price point of the properties. This is a true community of neighbors who love their homes, the expansiveness of the Tudors and Colonials beckons any would be family that wants to grow and stay in Washington, DC. The nearness of shopping in Columbia Heights, a burgeoning neighborhood just a mile and half to the Southeast and the easy drive to Silver Spring, makes this a great location. 

Rock Creek Park Tennis Center is home to the Legg Mason Tennis Classic, while the Carter Baron outdoor amphitheater has a myriad of fabulous concerts and free cultural events during the spring and summer months. Wanting to live in this wonderful neighborhood and not have to worry about personal transportation? No worries, a short walk will take you to Georgia Avenue-Petworth and Columbia Heights on the Green Line and Van Ness-UDC on the Red Line. Buses also run on a continuous bases on 16th Street to the downtown business district and North to Silver Spring. 

Currently there are 8 active properties in the market ranging from 679k to over 1.7million. 

Are you a Buyer wanting to take a closer look at these properties? 

Click on http://www.findmydcmetrohouse.com/Crestwood Washington DC Neighborhood Stats to see the MLS address. Then take your leisure perusing virtual tours, bedrooms and bathrooms and your future gourmet kitchen free on our website. 

Sellers want to know your real sale proceeds from a successful sale by Natalie Dean on your beautiful Crestwood property? 

Click on http://www.findmydcmetrohouse.com/What's Your Home Worth? Within the past quarter the highest property sold for over 1.2million, it boasted 5bedrooms and 4.5baths and over 3,200 square feet. Would you like a free 20 plus page property analysis that includes your competition, market health charts, price per square foot? If so, inbox us with all of your information and we will send it to you FREE of charge with no hassle. Connect with us at www.findyourdcmetrohousevalues.com.

RECOVER YOUR EQUITY in your 16th Street Heights property

16th Street Heights At A Glance

The enormity of 16th Street Heights is fabulously incredible!! One of the largest quadrants yet tranquility abounds in 16th Street Heights.  What makes this lush landscape so vivid is that it almost devoid of any restaurants, bars, stores or new condos. It has kept it very traditional feeling of enormous Arts and Crafts and American Foursquare Homes. If your a little less swish and little more simple try a sweet Victorian on for size and drench in antiquity. 

A vast number of homeowners in the 16th Street Heights community are like many of my clients, they  bought their property before the economic downturn only to have their investment plummet in value, wiping out their equity and leaving them with a mortgage considerably higher than the value of their home. 

In an effort to help my clients I have partnered with an investment group that can help you.  The strategy is simple.  If you are unable (or unwilling) to pay outrageous, inflated mortgage payments any longer, they purchase your debt at a discount from your current lender and then sell it back to you - saving you thousands from your original debt!

HOW DOES THIS AFFECT YOU??

Reducing Your Mortgage Principal while Lowering Monthly Payments, Recovering Equity, and Protecting or Improving Your Credit

Do you owe more than your home is worth?  We can help you:

Keep your home
Reduce your mortgage
Lower your monthly payments
Recover your lost equity
Protect or improve your credit

Why does this work?  Because banks are scared.  The default rate in the DC area is extremely high. Many lenders would rather get rid of their Jumbo loans at fire-sale prices than risk losing everything to a default.

This is not a short sale so you keep or even improve your good credit.  It’s not a loan modification or loan forgiveness so there is no 1009c tax liability.

What does the SOLD market look like in 16th Street Heights in 2012?

This strategy has been used successfully in the commercial real estate market for years.  For the past nine months it has been applied to the residential market.  

The window of opportunity is now.  If you or anyone you know has a Jumbo mortgage higher than the value of your home, contact me at  202-438-1056 and let's see if we can help you.  

Skeptical?  Good.  Call me anyway. There is nothing for sale here. Call me and within 5 minutes you’ll know if you can take advantage this or not.

Warmly,

Natalie Dean

Taylor Properties

202-438-1056

P. S. Don’t continue to pay inflated mortgage payments just because you can.   Call me today: 202-438-1056

P.S.S. READING THIS POST AND WISHING YOU LIVED IN 16TH STREET HEIGHTS???? Look no further check out what is for LIST. At the MRE Group we've got everyone covered! Happy Searching. 

Active Listings in gorgeous 16th Street Heights

“Do You Have a Jumbo Loan and Good Credit – but no Equity in Your Home?”

The bad news is that there is very little chance that real estate values are going to improve in the coming years.  That means for many years to come you are going to be paying inflated loan prices for a property that may never recover its value.

Well, you are not alone.  Currently, 12 million people in the United States have mortgages that are higher than the value of their homes.

If that is you,

What are Your Options?

#1- You can continue to pay money for a house that may never be worth what you are paying.  This is a like flushing money down the toilet, but at least you won’t have to move.
#2- You can choose to default on your mortgage. With this option you will lose your home, destroy your credit for years, and ruin your reputation.  Not to mention making it next to impossible to buy or rent another home for several years afterwards.  Plus, your lender may still come after you for the rest of the money after the foreclosure.
#3- You can try for a loan modification. But that is just a temporary band-aid and ultimately leaves you paying a lot more later on.  Plus, you get labeled as “a bad risk” just for asking.

However, there is another way.  You can:

Ø  Save hundreds of thousands of dollars on your mortgage

Ø  Get equity in your home

Ø  Maintain your outstanding credit or even improve your credit

Ø  Lower your monthly payments

Ø  Avoid the tax liability that comes with a 1099C

And we can typically do this in two months.

Plus, you get to keep your home, which is why you originally bought it. 

And if you have a second home or an investment property with a jumbo loan that is under water, this simple solution works for you too.

Which Mortgages Qualify for this Program?
Fantastic Question! 

An Individual Must Have these factors:

• Must Have Good Credit
• If your credit is poor you must be able to have good credit within a year (we will discuss additional details)
• Mortgage No MORE Than 3 Months Delinquent
• Your Current Mortgage Amount MUST Be Greater Than Current Market Value 

What Does My Current Loan Amount Have to Be to Qualify for this Program?***

Another Awesome Question!

1. Northern VA Counties - You must have a mortgage of $479K or greater on a property

2. Maryland Counties- You must have a mortgage of $479k or greater on a property

3. Washington DC- You must have a mortgage of $729,500 or greater on a property

                                                         You Have a Way Out
We need to talk!

Don't hesitate this is NOT a gimmick!  Contact us today to get started and GET YOUR EQUITY BACK.

***Loan Amounts Subject to Change