District of Columbia

© 2009 Patricia Kennedy. Unless otherwise noted, the content, both written and in pictures, is the property of Patricia Kennedy . If you would like to use this image, please email me (housepat@mac.com) with your request. I'll almost certianly say yes, and ask only that you provide a link back to my original content as well as an acknowledgment. The same thing applies to any other material you see posted here on Active Rain or on any of my other blogs.

http://www.washingtoncitypaper.com/blogs/housingcomplex/2009/06/30/huge-929-unit-development-proposed-for-ft-totten/

"So finally, some uplifting news out of the Ft. Totten area: The Morris & Gwendolyn Cafritz Foundation has conceived of a colossal development project for the neighborhood, complete with a Children’s Museum, 929 residential units (431 of which will be designated mixed-income, and 98 of which will be Senior/Affordable). The project, shown below, sits directly east of the metro stop, and Ft. Totten Station, Clark Realty’s 300 market-rate units. (Plenty more pictures below, and check back for more news later today.)..."

Here is the breakdown as of June 29th, 2009

Washington DC continues to see the number of properties Pending; as the highest numbers since 2007; while inventory levels remain fairly steady.

Prince Georges County continues to show the most significant improvement. The number of properties under contract are at the highest levels in over 3 years; while the number of properties on the market has dropped 2000 homes; the same level as last as June of 2007.

Here are the number of homes on the market including the number of homes that were taken Off (EXPIRED) the market last week.




Washington DC

Single Family: Actives: 1864 (Down 25 from last week) Expired: 16 Under Contract: 709 (Down 14)

Condos: Actives: 1411 (Up 6 from last week) Expired: 7 Under Contract: 572 (Same)



Arlington County

Single Family: Actives: 469 (Down 1 from last week) Expired: 0 Under Contract: 239 (Down 12)

Condos: Actives: 504 (Down 8 from last week) Expired: 2 Under Contract: 230 (Up 5)



Prince Georges County

Single Family: Actives: 5551 (Up 5 from last week) Expired: 48 Under Contract: 1832 (Up 49)

Condos: Actives: 813 (Down 6 from last week) Expired: 11 Under Contract: 135 (Down 2)



Montgomery County

Single Family: Actives: 3468 (Down 31 from last week) Expired: 18 Under Contract: 2203 (Up 36)

Condos: Actives: 1259 (Up 11 from last week) Expired: 5 Under Contract: 445 (Down 18)



It is important to see the number of homes taken "Off" the market. While many of these homes will return to the marketplace a week or two; seeing a listing "expire" means that the seller and agent thought or expected the home to be sold by now.

http://www.washingtoncitypaper.com/blogs/housingcomplex/2009/06/29/dc-condo-prices-down-26-percent-in-the-last-year/

Every once in a while you come across something online that is pretty crazy. Well - I guess this week, it's my turn to find crazy. There exists a Realtor in Florida who is not only trying to sell her home, but is trying to sell herself.

YES - you heard me right!

This single mother of two's name is Deven Traboscia from Palm Beach, FL and though I it is not something I would do, I think it's brilliant. In a google search I found 3 Local News stories on her and about 5 blog posts - mine will be six. Anyway, she has received more buzz than a skunk at a lawn party. It's amazing how people have reacted and interesting how vicious some of us can be.

In any event, I'm not sure any of my office's listing will be marketed this way, but I do believe that creativity should be rewarded and not slammed, even if it's not what we would do.

Good luck Devin. On both fronts!

P.S. I couldn't find any pictures of the House!

To see the local news story click below: