It may be cold outside right now, but all signs seem to point that the downtown D.C. real estate market is starting to warm up again for sellers. For the past year, real estate market’s adjusted home prices and low interest rates have had smart, savvy buyers feasting on deals throughout the city. This has made many homeowners wary about putting their properties on the market, for fear of low ball offers and unrealistic expectations from buyers about price concessions.

As an urban real estate brokerage that is out on the streets daily, we’ve been seeing indicators that this situation is ending. If you’re a property owner in D.C. , be it a condo, row home or single family home, now may be the time to test the market again:

There is less new condo inventory on the market: Small private developers are active again, starting to list new, smaller buildings that they acquired during the economic recession. Building shells and depressed properties were purchased by smart investors, and renovations and new construction is now nearing completion for a small amount of luxury, price-adjusted condos for sale. This is far different from past years, where huge new projects created excess supply on the market. There is buyer competition again for these small amounts of new condo units.  The majority of these properties are in smaller NE and NW neighborhoods, with very little available in super hot locations like DuPont Circle, Adams Morgan, Capitol Hill, etc.

Buyers wishing to take advantage of low interest rates are looking in the resale market: The super low interest rates available now (under 4% in some cases) are causing buyers who are ready to purchase to explore the resale markets throughout the city. Most of our inquiries and phone calls from buyers needing help this year have been primarily in the resale market, where buyers can now find deals in the actual neighborhoods they’ve always wanted to live in. A lot of our buyers are simply not excited about the new condo and new home choices available.

If you’re not happy with your current home, now is the time to move out and move up: For the last few months, we’ve had a lot of inquiries from D.C. homeowners who purchased a home during the real estate bubble.  Happy homeownership is tied to so many different emotions, and we’ve had a lot of action from owners who have gotten over the initial shock of seeing a drop in property value or equity and are now looking to get a fresh start with a clean slate. For the first time in five years, sellers can put their property on the market and write contingent offers on a new property that are tied to the sale of their current homes.

UrbanLand Company is a downtown real estate brokerage headquartered in the U Street corridor. They offer fast and easy, free market analyses and consultation to homeowners wishing to potentially sell their D.C. home or condominium.  If you would like to explore listing your current property for sale or are interested in finding a property to purchase, please contact info@urbanlandcompany.com.

The upscale gay lounge has moved from P Street to 14th Street.

While the happy hours have stayed the same, the rooftop deck is a positive addition and will be ready for Spring!

Check it out here

The Washington Post calls it, “like no other singalong party in the city” – it’s Kostume Karaoke!

So drink up, sign up, dress up and SING! Feel free to bring your own outfit – fabulousness is not only welcome, it’s encouraged! But don’t worry, if you need some fabulous, we’ve got you covered. We have dozens of hats, wigs, props and items to make you look awesome.

Every 2nd & 4th Wednesdays at Solly’s U Street Tavern!

Our 2011 holiday charity drive was a success! Through the participation of our Facebook Fans, we met our goals and were able to honor our commitment to helping fight poverty and hunger worldwide.

UrbanLand Company donated 3 llamas through Heifer International, giving several families a source of food, wool and income – helping to provide a sense of hope and dignity as well as the gift of self-reliance.

Thank you again for your support and participation.

About Heifer International

Heifer International’s mission is to help end hunger and poverty by donating livestock, seeds and training to struggling families and communities around the world.

Heifer envisions…
A world of communities living together in peace and equitably sharing the resources of a healthy planet.

Heifer’s strategy is…
To “Pass on the Gift.” As people share their animals’ offspring with others – along with their knowledge, resources, and skills – an expanding network of hope, dignity, and self-reliance is created that reaches around the globe.

Heifer’s History
This simple idea of giving families a source of food rather than short-term relief caught on and has continued for over 65 years. Today, millions of families in 128 countries have been given the gifts of self-reliance and hope.

For the 3^rd consecutive year, UrbanLand Company is sponsoring a good cause for the holiday season.

We are committed to donating several Llamas to families in need through Heifer, proving them with invaluable sources of transportation, income and wool.

Information on how to participate is available on our Facebook page and Facebook  event.

About Heifer International

Heifer International’s mission is to help end hunger and poverty by donating livestock, seeds and training to struggling families and communities around the world.

Heifer envisions…
A world of communities living together in peace and equitably sharing the resources of a healthy planet.

Heifer’s strategy is…
To “Pass on the Gift.” As people share their animals’ offspring with others – along with their knowledge, resources, and skills – an expanding network of hope, dignity, and self-reliance is created that reaches around the globe.

Heifer’s History
This simple idea of giving families a source of food rather than short-term relief caught on and has continued for over 65 years. Today, millions of families in 128 countries have been given the gifts of self-reliance and hope.

VISIT HEIFER.ORG FOR THE FULL STORY.

Call the Lise Howe Team at 240-401-5577to find out just how much you can buy on Capitol Hill these days - all the best places at the best rock bottom price!<\p>

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Listing Courtesy of Traci Rochon, Keller Williams Realty

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• Location: Andover, NY
• it's NOT ok to contact this poster with services or other commercial interests

• Location: DC metro
• it's NOT ok to contact this poster with services or other commercial interests