Archive for April, 2012

Hottest US Real Estate Market? Washington DC

How hot is Washington, D.C.’s real estate market? Laura Schwartz, a realtor with Keller Williams, recently worked with a luxury high-rise apartment in the Ballston neighborhood of Arlington, Va. Two days after being listed, the property received five offers, and ultimately closed at $15,000 over the asking price.

“Our spring market has taken off quite early,” said Schwartz. “We’ve reached that stable point where we’re out of a buyer’s market.”

The nation’s capital has been a leader when it comes to real estate.

While much of the country’s housing market continues to languish, Washington and the surrounding area have seen tight inventory and price growth in recent months. For particularly competitive listings, even bidding wars have returned.

The D.C. Metro Area, defined as the city of Washington and seven surrounding counties, saw the average sales price rise five percent to $406,555 in December, compared to the previous year, according to research firm RealEstate Business Intelligence LLC (RBI).

Sales totaled 3,169 in December, up 89 percent compared to the previous year, and the total value of homes sold was $1.28 billion, up 12 percent from the previous year.

The federal government’s mass of workers has been a stabilizing factor for the region, providing a base of high-paying jobs. Related industries, such as government contractors, have also kept unemployment down. Tech firms have been growing, as well.

The Washington area had an unemployment rate of 5.5 percent in December 2011, the 36th lowest among 372 metro areas,

http://multihousingpro.com/article.php?AID=710&name=The_hottest_U.S._real_estate_market:_Washington,_D.C

Scams – yes they are real – protect yourself now!

I like to think the word is a nice happy place – but the reality is – it is not – bummer!

How can I protect myself?  Let’s start by asking a few more questions and second Never EVER – I mean Never EVER wire money before you arrive in a furnished corporate rental – and NEVER send a security deposit – ask for traveler’s insurance instead!

Healthcare Travler?

Did you know there are over 200,000 traveling nurses in the US each year? These individuals find it exciting to travel from city to city – they generally stay in each city for 6 months to a year – they can follow high paying jobs and have fun doing it – if you want to learn more about these corporate housing users I like  Healthcare Traveler http://healthcaretraveler.modernmedicine.com/  This month they talked about ” Tax Tips: Understanding duplication living expenses” and “Celebrating Travelers’ Bucket List” .  If you are interested in traveling for work – take a look and always remember if you need a place to stay… anyone can rent corporate housing – it is the cool place to be, is less expensive then a hotel and offers you all the comforts of home – Call your local corporate housing provider we want to help you find the right housing solution – bottom line… everyone needs corporate housing!  Ask me about it.

Insurance Housing = Corporate Housing

You may have never thought about corporate housing or may have never needed it before but sometimes life can throw you a curve ball and corporate housing can make all the difference.  I live in Denver and this week we lost 23 homes to a fast moving forest fire – when you have just lost everything do you, your family and all your pets want to live in a hotel?  Most people answer “NO”.   Did you know most home insurance will cover temporary housing on a “Like” basis – this means if you were in a house – your temporary lodging when displaced should also be a house – HOWEVER #1 you need to know to ask your insurance carrier and #2 you will need to know where to look.

Tips: Qualify your corporate housing – learn more at http://www.MyCHBO.com or check with the Corporate Housing Providers Association http://www.CHPAonline.org

Ask me if you have a question

AvenueWest Corporate Housing Boston is Now Open

NEWS: Boston.AvenueWest.com is Open-Yes AvenueWest Managed Corporate Housing is now in 5 cities: Boston, Denver, Dallas, Colorado Springs, San Francisco – AvenueWest is a network of locally owned real estate brokerages that manage exclusive fully furnished residential properties available for business and extended travel

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