Washington, DC Homes along the Red Line

March 2009 - Posts

• Consensus on Tenley-Janney Planned Apartments at Library Site

  A surprise announcement from Mayor Adrian Fenty at Janney Elementary on March 16th temporarily closed the battle between the Tenleytown community and the Office of the Deputy Mayor for Planning and Economic Development over the mixed-use redevelopment Read More... Posted Thursday, March 19, 2009 11:37 AM by Mary Lowry Smith | 0 Comments Filed under: Community Information

• Pending Sales in Mid-Atlantic Market Up From a Year Ago

  For 14 consecutive weeks, there have been more pending sales in the MRIS region* than there were the year before. For the most recent week, there were 2300 sales, up 16.0 percent from the same week in 2008. (MRIS Weekly Market Activity Report 3/16/09) Read More... Posted Monday, March 16, 2009 3:16 PM by Mary Lowry Smith | 0 Comments Filed under: Market Conditions

• Rose Tinted Glasses, or is the market starting to thaw?

  It does seem that the market is showing increasing activity with more buyers deciding now really may be a great time to buy. Read the following and see if you agree. The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Read More... Posted Friday, March 13, 2009 3:29 PM by Mary Lowry Smith | 0 Comments Filed under: Market Conditions

• More information on the 2009 $8000 1st-time Home Buyer Tax Credit

  This credit is "refundable," meaning people could receive the money even if they didn't owe taxes. The claimed benefit will be in addition to any tax refund. Example: If a new owner is due a $3000 tax refund and the amount of the claimed Read More... Posted Monday, March 02, 2009 1:51 PM by Mary Lowry Smith | 0 Comments Filed under: Buyer Information