If you'll email me with your address and some more information, I can look into it for you and help you with your decision. My email is Tiny@TinyVarner.com.
Capitol Hill North http://www.rbintel.com/statistics/zip-code-report?zip=20002
Capitol Hill South http://www.rbintel.com/statistics/zip-code-report?zip=20003
And go to my Seller landing page for a market analysis for your Capitol Hill DC house at http://www.DChomevaluesnow.com. Or you can meet and talk at my Capitol Hill Office at 801 D St NE Washington DC 20002
Congratulations on the inquiry. I am also a licensed Buyer's Agent. I would be happy to assist you with selling or buying or both. Let me know if and how I can help!
Capitol Hill has always been a great rental area. However, DC has not seen as much of a slow down as other areas. As Jonathan mentioned, DC is doing well! We have seen a definite rush in the market in the last month or so. One of my business partners and I have been involved in four multiple contract situations in the last ten days! I currently have two first time homebuyers looking in Capitol Hill.
Feel free to contact me if I can answer any other questions for you.
There are a couple of great articles for the DC market:
Capitol Hill is a great rental area and well priced homes do sell relatively quickly. With regards to whether or not it's a good time to sell, it depends on what you believe. I believe that it completely depends on your situation and what your motivation is. There are always buyers out there. People say that the spring brings more buyers but you will also have more competition.
I see a significant up tick in buyer activity when a new program is introduced, or rates drop substantially, or in this case a new stimulus becomes available as in the new $8,000 tax credit. Your studio is likely to attract a first time buyer. The tax credit is aimed directly at first time buyers. The up tick usually lasts about a month then things settle back down a bit.
Strike while the iron is hot. And it's hot right now.
Feel free to get in touch to discuss what's happening on the Hill. I look forward to seeing your new listing should you decide to put in on the market.
(301) 370-4499 mobile
First off the market in DC and specifically Capitol Hill is doing quite well. There have been several properties that have gone under contract in the past few weeks as well as an increase in potential Purchasers at open house. Of course this is predicated upon the look of the property, location and price. Well priced properties have been moving despite the news reported about a bad economy. In addition Forbes Magazine just named Washington, D.C. the number one best buy local housing market.
Your ability to sell as I mentioned will greatly depend on price. This will weigh heavily on what other comparable properties around yours have sold for. In addition, without knowing the specifics of address, exact size, features of the unit and the building I cannot give you an idea of price. I would be happy to do a Comparative Market Analysis and Marketability Report to help determine an appropriate listing price and any adjustments that may be needed to ensure the property shows in the best possible light. Feel free to contact me anytime as it would be my pleasure to work with you.
In a nutshell, it's a very good time to sell. There are many buyers out there who are now getting ready to by because of the low interest rates and the new Federal first-time buyer credit. Here is a an article in BusinessWeek that just came out -- http://news.yahoo.com/s/bw/20090220/bs_bw/feb2009db20090219655989.
When you're ready, interview Realtors who can help you sell your condo. A good Realtor will be able to give you a competitive market analysis in addition to a marketing plan.
If you'd like to discuss the selling process further, please give me a call at 301-320-8349 or send an email to firstname.lastname@example.org. You can also visit my website at http://www.robynporter.com.
Your decision will depend on a number of factors. Why do you want to sell? How much equity do you have in the property? What's the rental market like right now in that area? If you sell, where will you go? You can choose from the many qualified realtors who answer questions right here on Trulia to help you with your decision. Most will provide you with a market analysis with no obligation, and when you're comfortable with your decision, and have found a realtor you're comfortable with, you'll be ready to move forward - - or stay put.
While some might debate whether it is a good time to sell, most would agree it is a great time to buy! In my experience, selling and buying often has more to do with personal circumstances than market conditions. I am happy to discuss this further with you.
Please check me out at http://www.DCchris.com and http://www.DCchrisBlog.com. If you feel we might be a good fit, contact me at your convenience.
Have a great weekend and good luck.
All the best,