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Commentary, opinion, news and updates on topics related to Washington DC real estate.

THE ISAACS TEAM

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NW DC 20005

A MILLION DOLLAR HOME ISN’T ‘LUXURY’ IN DC

The DCMA average home values top $1M and the baseline for luxury is $2M. Zillow Group's research team published the results of their affordability study in April, showing, among other notable findings, that million-dollar cities are multiplying, jumping by 59, from...

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NEW APPRAISAL REVIEW PROCESS

Finally, an easier way to contest bad appraisalsHome appraisals can now have an official second look if they are inaccurate or bias is suspected in the process. Starting this August, HUD (U.S. Dept. of Housing & Urban Development), FHA (Federal Housing...

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NAR RULE CHANGES NOW OCCUR IN AUGUST

The National Association of Realtors released updates to its proposed settlement agreement related to class-action lawsuits, which received initial approval from the court on April 23rd. The updates include details related to practice changes required for NAR members...

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NON-EXCLUSIVE TOURING AGREEMENTS. WHY?

Non-Exclusive Touring AgreementsZillow debuted a 'non-exclusive touring agreement' for home buyers and agents this week They're billing it as a consumer-driven response to NAR settlement agreement rule changes. It's really a move to protect their profits.Zillow's NTA...

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INVESTING IN DC REAL ESTATE

DC real estate investment generates cash flow, builds equity and provides leverage for new acquisitions. From ‘House Hacking’ to Multifamily, here’s how.

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2024 PROPOSED FinCEN REAL ESTATE RULE

The proposed rule affects certain entities and trustsOn February 16, 2024, the Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rulemaking titled Anti-Money Laundering Regulations for Residential Real Estate Transfers. This proposed rule...

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