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Real Estate

Spring Market Preview: NE First Time Buyer Homes


Mortgage interest rates on 30 year fixed rate loans are at around 4.5% as we move toward the beginning of Spring. If you have fair to good credit, steady employment and income, and a desire to stop handing over rent to your landlord, now is the time to buy a home or condo!

“DC inventory in the first time buyer sector can feel a little bit limiting to inexperienced buyers,” said Gerard DiRuggiero, Principal Broker of UrbanLand Company. “Remember, you’re looking to get into a home as a pit stop on the way to the buying the future home you really want. The home you buy now is the one you’re only going to spend 2 – 5 years in.”

Our Spring preview for NE DC includes homes that have been on the market for more than 30 days. “After 30 days, the sellers of the properties are usually starting to experience anxiety, and many are already talking to their agents about ‘what to do’,” continued Gerard. “It’s the right time for your buyer agent to push for incentives like credit from the seller towards your closing costs. Homes that have been on the market more than a minute are always your best option.”

Want to pick up some fast, free home buyer education? We have free group Home Buyer Workshops twice a week, every week. Here’s the schedule:


Full Calendar

Here’s the roll call of Northeast homes over 30 days old. The list changes daily. Call/text 202.759.4114 for help!

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$224,900 - 1Br/1Ba -  for Sale in Brookland, Washington

318 Rhode Island Ave Ne #b1 Washington, DC 20002

Price $224,900
Beds 1
Baths 1
Living Area SqFt 577
Status Active
MLS # DC10243697
Property Type Garden 1-4 Floors
 
$237,000 - 2Br/1Ba -  for Sale in Deanwood, Washington

229 57th Pl Ne Washington, DC 20019

Price $237,000
Beds 2
Baths 1
Living Area SqFt 768
Status Active
MLS # DC10199614
Property Type Attach/row Hse
 
$260,000 - 2Br/1Ba -  for Sale in Deanwood, Washington

5623 Eads St Ne Washington, DC 20019

Price $260,000
Beds 2
Baths 1
Living Area SqFt 768
Status Active
MLS # DC10184154
Property Type Attach/row Hse
 
$265,000 - 5Br/2Ba -  for Sale in Deanwood, Washington

1046 48th Pl Ne Washington, DC 20019

Price $265,000
Beds 5
Baths 2
Living Area SqFt 1,652
Status Active
MLS # DC10129208
Property Type Detached
 
$269,900 - 1Br/1Ba -  for Sale in Brookland, Washington

719 Hamlin St Ne #4 Washington, DC 20017

Price $269,900
Beds 1
Baths 1
Living Area SqFt 700
Status Active
MLS # DC10236991
Property Type Garden 1-4 Floors
 
$269,900 - 2Br/1Ba -  for Sale in Trinidad, Washington

1211 Holbrook Ter Ne #3 Washington, DC 20002

Price $269,900
Beds 2
Baths 1
Living Area SqFt 673
Status Active
MLS # DC10216649
Property Type Garden 1-4 Floors
 
$274,900 - 2Br/1Ba -  for Sale in Trinidad, Washington

1240 18th St Ne #4 Washington, DC 20002

Price $274,900
Beds 2
Baths 1
Living Area SqFt 701
Status Active
MLS # DC10211337
Property Type Garden 1-4 Floors
 
$275,000 - 4Br/2Ba -  for Sale in Deanwood, Washington

235 Division Ave Ne Washington, DC 20019

Price $275,000
Beds 4
Baths 2
Living Area SqFt 1,510
Status Active
MLS # DC10221097
Property Type Detached
 
$275,000 - 3Br/2Ba -  for Sale in Deanwood, Washington

5320 Jay St Ne Washington, DC 20019

Price $275,000
Beds 3
Baths 2
Living Area SqFt 1,315
Status Active
MLS # DC9975902
Property Type Townhouse
 

 

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