| Dwight and David in the News |
PMI,
FHA, LTV... OMG!
Written by David Bediz for the Washington
Blade, September 2010 |
Tenancy
Isn't Just for Renters... Know How You Own
Written by David Bediz for the Washington Business Journal,
September 10, 2010 |
Taking
a Closer Look at DC's Real Estate Market
Written by David Bediz for the Washington Business Journal,
September 7, 2010 |
Rent
vs. Buy... the Age-Old Question
Written by David Bediz for the Washington Blade, July
21, 2010 |
The
Power of Proper Pricing (and the Perils of Poor)
Written by David Bediz for the Washington Blade, June
2010 |
Snagging
a Steal on a Foreclosure Deal
Written by David Bediz for the Washington Blade, June
2010 |
Balanced
Marketing Brings Buyers
Written by Kevin McDuffie and David Bediz for the Washington
Blade, May 2010 |
Real
Estate Agents See Early Bursts of Home Buying
Washington Business Journal, April 2009 |
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| PDF Archive |
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| Real Estate Article & Headline
Archive |
These
Days, First Time Home Buyers are Primed to Cash In
The rising tide of foreclosures has pushed down home
prices significantly over the past 18 months. Homes,
relative to income, are about at the historic norm,
which means they're more affordable than they've been
in at least a decade. |
While
New York City Bleeds, Washington Thrives
At the same time Wall Street is losing jobs and prestige,
the nation's capital is gaining steam as it ramps up to
fight the recession. Business Week |
Forbes'
Best Places to Buy 2009: Washington is #1
Washington, D.C., traditionally takes a back seat to world
cities like London, New York and Tokyo when it comes to
real estate investment. That's likely to change.
Forbes |
DC
Top Spot for Foreign Investors in 2009
Foreign investors in real estate expect to spend much
more this year than they did in 2008, according to an
annual survey by the Association of Foreign Investors
in Real Estate. After two years, D.C. regained its No.
1 status as the top global city for foreign investment
in properties, followed by London and New York. |
| Metro
Area Population Continues Upward Trend
The Washington area added 75,000 new residents last
year, according to new census population estimates released
today. One in four lives in Loudoun County, which grabbed
a growing share of new arrivals and is one of the nation's
fastest growing jurisdictions. |
Building
Strategies To Map Out Growth
In 25 years, experts say, there will be 2 million more
people, 833,000 more homes and 1.6 million more jobs in
the region. Area leaders gathered for a planning exercise
designed to help calculate their next moves. |
DC First Time
Homebuyer Tax Credit Extended
Homebuyers purchasing their first home in DC will once
again receive a $5000 tax credit (not a deduction!)
for any home purchased between January 1, 2004 and December
31, 2005. Restrictions apply, and the tax-credit is a
one-time deal. For more information contact David
Bediz or visit the IRS website at IRS.gov.
|
Sellers and
Buyers save .4% on "high-cost" sales
As of October 1, 2004, the transfer tax (paid by sellers)
and recordation tax (paid by buyers) on sales over $250,000
have both been reduced to 1.1% instead of the previous
1.5%. Sales under $250,000 have always been 1.1% |
"Low"
Income buyers benefit from huge tax savings
The DC Tax Abatement program may benefit you immensely
if you meet certain income requirements, will live in
the property and the property value is less than $250,000.
Unfortunately very few properties in DC are available
at this low cost, but your income may be "lower"
than you think... As a single purchaser making less
than $50,000 you may qualify! You will save 1.1% recordation
tax, receive 1.1% from the seller (in place of his/her
transfer tax payment) and you will not pay property
taxes for five years. You could therefore save
as much as $15,628 over the course of five years! |
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