DC Realtors About Washington DC Real Estate By The McConkey Real Estate Team
We were treated to GREAT NEWS in May. In a speech to the National Association of Realtors, Housing and Urban Development Secretary Julián Castro said the Federal Housing Administration (FHA) has completed its promised reforms of condominium mortgage rules and…
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Despite vigorous lobbying efforts by many community groups including Realtors through the Greater Capital Area Association Of Realtors (GCAAR), the County Council approved a drastic increase in the Montgomery County real estate taxes, both property taxes and recordation fees. This…
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If you own a rental property in the District you are supposed to obtain a DC business license. Whether it is a single family home, an apartment building, a condominium, or just a basement apartment, you are required to have…
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2015 DC Real Estate Sales Annual sales reach the highest level since 2006; Prices gain only 1 percent for second straight year, but remain 24 percent higher than 2009’s bottom levels. OVERVIEW 2015’s median sales price ended up at…
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A new law was passed by the DC Council and signed into law by Mayor Gray to protect DC tenants by requiring landlords to furnish “prospective tenants” with a summary of laws pertaining to the rental of housing in the…
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Fair Isaac Corporation, the purveyor of the FICO Score is rolling out a new credit score formula that will help borrowers who are regarded as too risky by lenders to obtain mortgages, credit cards and auto loans. The formula is…
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We have been keeping a close eye on an important issue that has had a polarizing effect on the District’s real estate community, Pop Up Zoning. A compromise was reached in a recent vote by the DC Zoning Commission. The…
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