DC Real Estate and Area Events: August 2009

Speechless Sunday- Coming to Hollywood! Thank you very much Mary Douglas!

                        

Looking for a Real Estate Professional that will help you buy and/or sell your next house? Want a "Free Real Estate Market Report" in your area of choice? Register on my website at DC Real Estate. I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com -We will get it Sold. Your home that is. Twitter Twitter: DCHomesforsalehttp://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day. "Buy DC home" Zip codes 20019,20020,20011,20032,20774,20721

 

Lanre Folayan-"The Real Estate Farmer"with Exit Advance Realty- Serving P.G County Maryland,Baltimore County,Montgomery County,Charles County MD,St.Mary's County MD and DC Home buyers and sellers.

 

Lanre Folayan

Lanre Folayan-"The Real Estate Farmer"
Exit Advance Realty
Real Estate Agent - Residential

 

8500 Westphalia Rd
Upper Marlboro,MD 20774
(202) 378-0283 (Direct)                                                                                      
(301) 518-3948 (Office)

PG County MD,Charles County MD,St.Mary's County MD,Baltimore County MD and DC Pre-Foreclosured Properties,Bank Owned Properties and Estate Sales.

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Zillow All Star DC Real Estate Agent

Many of you who are active members here on Active Rain of course know of Zillow. But if you are not familiar with Zillow,please read one of these blogs:

Zillow - From A to our Favorite Letter, Z! 26 Ways to Use Zillow, Plus Free Marketing Tools.

Real Estate Blog - 10 Ways Real Estate Agents Can Use Zillow

Zillow July 2009 Traffic Stats

 Zillow's Spencer Rascoff on CNBC discussing buying vs renting

So this morning,when I opened my inbox,I got this e-mail from Zillow. It read:

Zillow.com - Your Edge In Real Estate
 

You have been granted a Zillow All-Star badge as a result of your valuable contributions on Zillow! This badge will appear next to your name throughout Zillow, as well as on your profile.

 

Add the All-Star badge to your Web site or blog to get free co-branding. When it's clicked, your photo, contact info, and link to your site appear at the top of each Zillow page visitors see.

 

Find out more about the badge or add this badge to your Web site (it comes with free co-branding).

 

All-Star

 
Zillow.com: Terms of Use | Privacy Policy
Zillow, Inc., 999 Third Avenue, Suite 4600, Seattle, WA 98104
© 2006-2008 Zillow.com. All Rights Reserved.
Please do not respond to this message. We do not reply to e-mails at this address.

I almost did the happy dance. Well I wanted to,but I didn't-LOL. My advice to you,if you are not a great dancer,only dance when the only person who can see you is God-LOL. Anyway,zillow is one of the top ten real estate websites around Zillow.com(R) and 180 Newspapers Launching Co-Branded Real Estate ....

It is free to become a member of www.zillow.com. But how do you become a Zillow All-Star? Well according to David Gibbons, Zillow Director, Community Relations in a blog he wrote July 12,2008,he stated:

Well, we'll be tweaking the formula as we go but simply, All-Stars are the most active users on Zillow. They are the folks posting the most discussions, photos, listings, loan quotes, etc. New badges are awarded daily and to retain Zillow All-Stars status, you will need to remain active on Zillow. So once you get your All Star Badge,you definitely need to remain active.

Zillow gets tremendous amount of traffic by potential home buyers and sellers on their website daily-Zillow Breaks Traffic Records in 2009 | CTFlatFee.com Connecticut ...

I haven't gotten any closings yet from any DC and/or MD home buyers and sellers on Zillow. But hopefully as I continue to contribute to this site and possibly purchase some zip codes soon,I will start to reap the fruits of the seeds that I have planted and STILL PLANTING on Zillow.

So if you haven't signed up yet,what are you waiting for? It's free. It doesn't get better than that. So if you are a member on www.zillow.com and haven't receive your All Star Badge,continue contributing your valuable real estate expertise so that potential home buyers and sellers in your area can find you and hopefully use you as their real estate professional. And if you want to learn more about Zillow,just ask one of these two Zillow staff members who are very active Rain members here.

Sara Bonert {Real Estate Internet Marketing} (Zillow) - Real ... and Spencer Rascoff-C00 at Zillow.com's Blog

 And if you are looking to buy a house in zip codes 20019,20020,20002,20011,20774,20721 or any other area in Metropolitian Washington DC Area,please don't hesitate to give me a call. Thank you very much. And thank you Zillow for my Zillow All Star Badge

All-Star

 

Looking for a Real Estate Professional that will help you buy and/or sell your next house? Want a "Free Real Estate Market Report" in your area of choice? Register on my website at DC Real Estate. I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com -We will get it Sold. Your home that is. Twitter Twitter: DCHomesforsalehttp://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day. "Buy DC home" Zip codes 20019,20020,20011,20032,20774,20721

 

Lanre Folayan-"The Real Estate Farmer"with Exit Advance Realty- Serving P.G County Maryland,Baltimore County,Montgomery County,Charles County MD,St.Mary's County MD and DC Home buyers and sellers.

 

Lanre Folayan

Lanre Folayan-"The Real Estate Farmer"
Exit Advance Realty
Real Estate Agent - Residential

 

8500 Westphalia Rd
Upper Marlboro,MD 20774
(202) 378-0283 (Direct)                                                                                      
(301) 518-3948 (Office)

PG County MD,Charles County MD,St.Mary's County MD,Baltimore County MD and DC Pre-Foreclosured Properties,Bank Owned Properties and Estate Sales.

Email Web Blog Featured 
       

 

Washington DC Real Estate Market Report for July 2009

Washington DC Real Estate Market Report for July 2009. Good news to report for potential DC home buyers and sellers-Home sales are up. Total sold dollar volume of Washington DC homes in July 2009 was $313,292,875 compared to $293,540,305 in July 2008.

Total amount of Washington DC Houses for sale that actually sold in July 2009 were 648 houses compared to 506 houses in July 2008. That is a 28.06% DC home sales increase. With low interest rates,lower home prices and with less than 100 days left to get the $8000 first time home buyer tax credit for DC and MD Home buyers, this is a great time to buy a house for sale in DC.

 

Residential
Unit Sales
Number of Bedrooms

Active Listings

 

Time on Market

Price Class

2
Or Less  


3

4
  or More  

Condo
Coop and
Ground Rent

Residential
  

Condo
Coop and
Ground Rent

of Units Sold
(No. of Units)

Under $30,000

1

0

0

0

4

8

1 -30 Days

268

$30,000-$39,000

0

0

0

0

1

5

31-60 Days

108

$40,000-$49,999

0

1

1

3

4

6

61 - 90 Days

83

$50,000-$59,999

1

2

0

0

11

5

91-120 Days

36

$60,000-$69,999

4

1

0

0

9

5

Over 120 Days

153

$70,000-$79,999

0

4

2

2

13

10

Total

648

$80,000-$89,999

0

1

0

1

8

9

   

$90,000-$99,999

2

4

0

1

26

6

Type of Financing
of Units Sold
(No. of Units)

$100,000-$119,999

1

1

1

2

34

29

$120,000-$139,999

2

6

2

1

34

50

Conventional

323

$140,000-$159,999

1

3

0

5

56

62

FHA

159

$160,000-$179,999

0

2

0

8

60

69

VA

13

$180,000-$199,999

1

6

3

10

78

76

Assumption

40

$200,000-$249,999

6

10

4

41

162

170

Cash

99

$250,000-$299,999

3

15

6

37

180

170

Owner Finance

1

$300,000-$399,999

5

25

19

92

265

276

All Other

13

$400,000-$499,999

9

20

6

53

149

241

Unreported

0

Over $500,000

16

65

77

53

648

429

Total

648

Totals

52

166

121

309

1742

1626

   

Grand Totals

648 3368
   2009   2008   % Change
Total Sold Dollar Volume: $ 313,292,875 $ 293,540,305 6.73 %
Average Sold Price: $ 483,477 $ 580,119 - 16.66 %
Median Sold Price: $ 386,000 $ 422,180 - 8.57 %
Total Units Sold: 648 506 28.06 %
Average Days on Market: 88 74 18.92 %
Average List Price for Solds: $ 520,162 $ 624,805 - 16.75 %
Avg Sale Price as a percentage of Avg List Price: 92.95 % 92.85 %
Total Number of NEW listings
taken for the month: 914

Total Number of Properties   
marked Contract for the month: 393
Total Number of Properties   
marked Contingent for the month: 289

Total Number of NEW pendings        
(CONTRACTS + CONTINGENTS): 682

 

Looking for a Real Estate Professional that will help you buy and/or sell your next house? Want a "Free Real Estate Market Report" in your area of choice? Register on my website at DC Real Estate. I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com -We will get it Sold. Your home that is. Twitter Twitter: DCHomesforsalehttp://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day. "Buy DC home" Zip codes 20019,20020,20011,20032,20774,20721

 

 

Lanre Folayan-"The Real Estate Farmer"with Exit Advance Realty- Serving P.G County Maryland,Baltimore County,Montgomery County,Charles County MD,St.Mary's County MD and DC Home buyers and sellers.

 

Lanre Folayan

Lanre Folayan-"The Real Estate Farmer"
Exit Advance Realty
Real Estate Agent - Residential

 

8500 Westphalia Rd
Upper Marlboro,MD 20774
(202) 378-0283 (Direct)                                                                                      
(301) 518-3948 (Office)

PG County MD,Charles County MD,St.Mary's County MD,Baltimore County MD and DC Pre-Foreclosured Properties,Bank Owned Properties and Estate Sales.

Email Web Blog Featured 
       

 

Speechless Sunday- Pax River Drill Hall-Patuxent River,Maryland

Looking for a Real Estate Agent that will help you buy and/or sell your next house? Want a "Free Real Estate Market Report" in your area of choice? Register on my website at DC Real Estate. I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com -We will get it Sold. Your home that is. Twitter Twitter: DCHomesforsalehttp://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day. "Buy DC home" Zip codes 20019,20020,20011,20774,20721

 

Lanre Folayan-"The Real Estate Farmer"with Exit Advance Realty- Serving P.G County Maryland,Baltimore County,Montgomery County,Charles County MD,St.Mary's County MD and DC Home buyers and sellers.

 

Lanre Folayan

Lanre Folayan-"The Real Estate Farmer"
Exit Advance Realty
Real Estate Agent - Residential

 

8500 Westphalia Rd
Upper Marlboro,MD 20774
(202) 378-0283 (Direct)                                                                                      
(301) 518-3948 (Office)

PG County MD,Charles County MD,St.Mary's County MD,Baltimore County MD and DC Pre-Foreclosured Properties,Bank Owned Properties and Estate Sales.

Email Web Blog Featured 
       

 

Welcome to the bottom of the housing market. I didn't say this-Experts did.

Welcome to the bottom of the housing market. I didn't say this -Experts did. But have we really reached the bottom of the housing market? Well U.S June existing home sales up 3rd straight month - MarketWatch. Last time I believed this happened was in 2005. And most of us who were real estate professionals in 2005 knew what the real estate market was back then. I think that we have reached the bottom of the housing market in some areas but not every real estate market has fully recovered.  

Picture of Tudor House, Southampton, Hampshire - Free Pictures - FreeFoto.com

But is this good news for home buyers in DC or Prince George's County MD? Is this good news for home owners in DC and Prince George's County Maryland? DC and Prince George's County MD Sellers? Or is this bad news for home buyers and/or sellers? I think this is great news for both buyers and sellers. I hear a lot from home buyers who are looking to buy a house in DC or Prince George's County Maryland how they are not ready to buy a house yet because they still are waiting for prices of houses for sale to drop.

Maybe with three straight months of housing market sales increase and the housing market finally bottomed out in some areas,this would bring out more home buyers in DC and Prince George's County Maryland. Also home owners who are not sure whether to put their DC or P.G County Maryland house on the market will finally do so now. While we are not out of a recession yet,we are recovering Barack Obama - US Economy Is Recovering. So people who are looking to buy a house in DC and P.G County MD,this is a great time to buy a house if you want the $8000 first time home buyer tax credit for DC and P.G County Md Home buyers  before 12/1/09.

Read this story that inspired this blog Welcome to the bottom: Housing begins slow rebound (AP) - Yahoo ...

Looking for a Real Estate Agent that will help you buy and/or sell your next house? Want a "Free Real Estate Market Report" in your area of choice? Register on my website at DC Real Estate. I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com -We will get it Sold. Your home that is. Twitter Twitter: DCHomesforsalehttp://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day. "Buy a Petworth DC home" Zip codes 20019,20020,20011,20774,20721

AREA HOMES
Looking for just the right property? Click here for properties for sale in this area.
more +
JUST LISTED!
Tell us what you are looking for and we will send you new listings as soon as they hit the market.
 
more +

 

Lanre Folayan-"The Real Estate Farmer"with Exit Advance Realty- Serving P.G County Maryland,Baltimore County,Montgomery County,Charles County MD,St.Mary's County MD and DC Home buyers and sellers.

 

Lanre Folayan

Lanre Folayan-"The Real Estate Farmer"
Exit Advance Realty
Real Estate Agent - Residential

 

8500 Westphalia Rd
Upper Marlboro,MD 20774
(202) 378-0283 (Direct)                                                                                      
(301) 518-3948 (Office)

PG County MD,Charles County MD,St.Mary's County MD,Baltimore County MD and DC Pre-Foreclosured Properties,Bank Owned Properties and Estate Sales.

Email Web Blog Featured 
       

 

A Superstar Real Estate Agent Plots a Comeback

"A superstar Real Estate Agent plots a comeback". It's funny because I was actually going to write a blog kind of similiar to this-(This Blog coming soon). I was on Yahoo earlier today when I ran across this article online title "A superstar Real Estate Agent plots a comeback". I was inspired by this story of the Rise and Fall of this Real Estate Agent who is planning on making another comeback-AGAIN.

This Real Estate Agent has sold houses to many celebrities which allowed this real estate agent to accumulate wealth to afford this real estate agent to live a lavish lifestyle. His fall was caused by him living life beyond his means. 

But I like the fact that even this real estate agent is not letting their past failure keep them from planning another comeback. Determination to win,Driven,Inspiration,Hunger and Honesty are some of things that I got from reading this story. But did this superstar real estate agent learn from his mistakes? Hopefully so.  Here is the link to that story A superstar real estate agent plots his comeback - Worldnews.com. Hopefully you will be inspired by reading this story and plan a comeback yourself.

Looking for a Real Estate Agent that will help you buy and/or sell your next house? Want a "Free Real Estate Market Report" in your area of choice? Register on my website at DC Real Estate. I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com -We will get it Sold. Your home that is. Twitter Twitter: DCHomesforsalehttp://twitter.com/DCHomesforsale. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. Thank you very much. Looking forward to helping you make your home purchase or sale a stress free and very happy one. Have a great day. "Buy DC home" Zip codes 20019,20020,20011,20774,20721

AREA HOMES
Looking for just the right property? Click here for properties for sale in this area.
more +
JUST LISTED!
Tell us what you are looking for and we will send you new listings as soon as they hit the market.
 
more +

 

Lanre Folayan-"The Real Estate Farmer"with Exit Advance Realty- Serving P.G County Maryland,Baltimore County,Montgomery County,Charles County MD,St.Mary's County MD and DC Home buyers and sellers.

 

Lanre Folayan

Lanre Folayan-"The Real Estate Farmer"
Exit Advance Realty
Real Estate Agent - Residential

 

8500 Westphalia Rd
Upper Marlboro,MD 20774
(202) 378-0283 (Direct)                                                                                      
(301) 518-3948 (Office)

PG County MD,Charles County MD,St.Mary's County MD,Baltimore County MD and DC Pre-Foreclosured Properties,Bank Owned Properties and Estate Sales.

Email Web Blog Featured