Blog
Date: 29 Jan 2018
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Posted by: Kristin Cummins
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Posted by: Kristin Cummins
Are you looking for a new home in 2018? Check out Ramsbury's Buyer Consultation Questionnaire. We'll review it with you when you meet with one of our team.BUYER CONSULATION1. What is your current living situation?LeaseholderHomeowner2. Who else, if applicable, will be living with you?Significant OtherPet (please specify)want additional rooms available for family/ guests or to rent out3. How many years...
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Date: 25 Jun 2013
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Posted by: Kristin Cummins
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Posted by: Kristin Cummins
The secret is out. Washington, DC is a great city. Great history, great jobs, great communities, and great nightlife. It is also known that all of those great things come at a cost, which means gaining ready access and having D.C. at your doorstep takes more than a bit of financial sacrifice.
Well, there could be a perfect storm brewing that may take the already (seemingly) outlandish cost of homes...
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Date: 22 May 2012
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Posted by: Kristin Cummins
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Posted by: Kristin Cummins
The Georgetown real estate market is looking relatively steady through the spring of 2012, but there may be some downward undertones.
Average prices for all home categories have been consistent for the last 2 years, the occasional spike in single family detached home prices not withstanding. The last few months do seem to show a slight downward trend, and all categories are down substantially from...
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Date: 30 Apr 2012
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Posted by: Kristin Cummins
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Posted by: Kristin Cummins
With a quick look at the housing market activity in Logan Circle and Thomas Circle we can see that things have been tight for quite a few months, with active listings remaining near, or even below the number of pending sales. Generally this creates seller's market behavior where you can expect fast sales and multiple offers for many homes.
A condo heavy market place, Logan and Thomas Circles...
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Date: 17 Apr 2012
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Posted by: Kristin Cummins
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Posted by: Kristin Cummins
According to HousingWire, (via BuildFax), Home remodeling has been at a post recession high for the last few months. However, they touch mostly on the facts regarding that reality, and avoid the implications and interpretations of that fact.
So, what does an increased occurrence of home remodeling tell us? How is this for definitive? Not any one particular thing. An increase in home remodeling speaks...
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Date: 07 Apr 2012
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Posted by: Kristin Cummins
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Posted by: Kristin Cummins
Just one look at this first chart showing the average sales prices in Columbia Heights and Mount Pleasant over the last two years might possibly make you a little nauseous.
Taken at face value this data seems nothing short of erratic and unpredictable, which, in someways is an accurate perspective. One thing you can't do, is take this chart at face value. For instance, look at rowhomes in February...
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Date: 06 Mar 2012
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Posted by: Kristin Cummins
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Posted by: Kristin Cummins
I have a theory that is relatively complicated to prove. In that theory, the best time to sell a home in Arlington (or anywhere for that matter) in order to get the highest possible value is within the first 10-14 days on the market. With the data tools I have access to I cannot concisely prove this theory. I can infer it, but once you bring in varying data sets for "days on market" the overall picture...
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Date: 03 Mar 2012
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Posted by: Kristin Cummins
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Posted by: Kristin Cummins
Approximately one year from now (Q1 2013), a massive change will begin unfolding at the Southwest Waterfront of DC. PN Hoffman and Madison Marquette have obtained approval for phase 1 of The Warf: Southwest Waterfront project which will break ground early next year. If you have not seen the plans for The Warf I certainly recommend doing so, it is going to be quite an undertaking that will truly transform...
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Date: 25 Feb 2012
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Posted by: Kristin Cummins
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Posted by: Kristin Cummins
[Warning: I am not an expert on the maters that are going to arise in this post, thus it will be light on personal opinion]
You can't miss the news surrounding Fannie Mae and Freddie Mac lately. Every day this week the two government backed agencies made headlines in the Washington Post, and did so nearly as much in The Wall Street Journal and the New York Times as well. The topics of that coverage...
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Date: 22 Feb 2012
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Posted by: Kristin Cummins
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Posted by: Kristin Cummins
As we have covered real estate data for neighborhoods throughout Washington, DC and Northern Virginia lately, things have been lining up pretty well. If inventory has been down, prices have generally been steady or rising. However, in most cases, along with a reduced inventory there has been a consistent, or even reduced averaged days on market for that time frame. We are talking about simple supply...
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