Monthly Archives: October 2011

Co-Ops: What are they exactly?

Tweet I often receive calls and email about co-op listings.  Many times buyers don’t really understand what co-ops are and how they are different from condos. Let me explain a bit about co-ops. Housing Cooperatives are common in cities like New York, Washington DC, Chicago, Detroit and several others.  Over a million people in the US…

How much money do I need to buy a home?

Tweet One question which I am often asked is “How much money DO I need to a buy home?”.  Well it depends. There are many different loan programs available to today’s home buyer.  The thought that banks are refusing to loan money; simply is not true.  The key is: You have to have decent credit,…

September DC Real Estate Stats

Tweet Sales took a drop in September in the District by 9.89% compared to August; but ticked up slightly over last September; by 1.8%. Prices of homes are also down in September vs August; but compared to last year – the average sold price was only down .84%; while the median sold price compared to…