Ethical Homes

The latest news on real estate in the metro DC area. Read the rest of this entry »

The latest news on real estate in the metro DC area. Read the rest of this entry »

The volume of real estate news available on the web has been increasing over the last year, as has the number of clients I’ve been helping to buy and sell homes, and the number of consumers contacting me to request information about things other than local real estate news; as a result, I’ve found myself without the time to adequately respond to every article out there that I want to let consumers know about. Read the rest of this entry »

Anecdotally, real estate agents in the Metro DC area have been seeing the local market stabilizing; statistics are now coming in to confirm that properties are taking longer to sell and that sellers can no longer assume prices will increase from one sale to the next. Read the rest of this entry »

A recent article in the Washington Post echoes comments that I’ve been making for quite a while on the positive opportunities to be found in Anacostia. Read the rest of this entry »

A new study from the D. C. Fiscal Policy Institute confirms what anecdotal evidence has been indicating: the recent housing boom in DC has created a serious shortage of affordable housing in the city. Read the rest of this entry »

A lot of people have been asking me recently about this article in The Economist, which goes to great lengths to imply (but never say outright) that there is a global housing bubble, and that a worldwide housing crash is imminent.

The short version of my answer: I can’t think of a more intellectually dishonest article that I’ve read in ages. Read the rest of this entry »

This is one of the better overviews of the current national real estate market that I’ve seen in a while—it’s pretty balanced, and offers some good advice and explains the reasoning behind it.

An article from Kenneth Harney in the Washington Post discusses recent statistics showing that buyers in highly inflated markets are less likely to fall behind on payments than the average buyer. Read the rest of this entry »

Yet another study on potential bubbles in real estate markets identifies 27 locales that meet bubble criteria, and as has consistently been the case for the last few years, the DC market isn’t among the ones at risk.

Happy New Year! Daniela Deane of the Post kicks off 2005 with a good survey of the predictions that various economists and industry experts have made about how the housing market will behave in the coming year; for those who don’t want to read all of the quotes (and who haven’t been reading my notes here for the last few months), the short version is: expect between 8% and 12% growth in property values in 2005.

Confirming the results of recent studies by both NAR and George Mason University, a report from the Urban Land Institute and PricewaterhouseCoopers concludes that the Metro Washington DC area is one of the top four areas in the US to invest money in real estate; though prices in the local market are high, all signs do point to their continuing to rise for the forseeable future.