Market Update | Nov 12 2022

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Fed Going For Broke

The Federal Reserve (Fed) on Wednesday did something it hadn’t done in more than two decades: it raised the federal funds rate by 75 basis points, to 1.50-1.75%, a hike not seen since 1994. Last Friday, when the inflation print came out, the market shifted its...

GCAAR To Discontinue Financial Info Sheet

The form is typically used by DC sellers & listing agents to break ties in bidding wars and show buyers’ ability to make up gap on low appraisals. GCAAR is dropping the form due to the perception that it favors wealthier buyers.
Under Contract | The Bower 211

Under Contract | The Bower 211

  Congratulations to our buyer John, who snagged this pretty 2+1 with big PH level private terrace at The Bower! We have so many clients at The Bower due to its quality and prime Navy Yard location. If you’re interested in purchasing a condo at the Navy...
Omicron And DC Real Estate | Spring 2022

Omicron And DC Real Estate | Spring 2022

The Covid-19 pandemic has heavily influenced real estate activity during the past two years. Inventory has been extremely tight as many DC sellers delayed listing their homes due to the spread of variants. With spring 2022 in the offing, we look at Omicron’s...
The Compass Concierge Difference

The Compass Concierge Difference

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DCRA Subdivision

DCRA Subdivision

[vc_row][vc_column][vc_column_text] It’s the DC regulatory department everyone loves to hate. The DCRA, or Department of Consumer & Regulatory Affairs, may be subdivided, if a new bill introduced by DC Council Chairman Phil Mendelson passes. The Department of...
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