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Here are the properties that I think are worth looking into:

713 Hamilton St NW, Washington, DC 20011

Cheapest available row home in a decent location in Petworth.  Lots of folks looking for renovated homes under $450K. 

Current Price: $275,000

Offer Price: $250,000

Resale Price: $425,000

917 Columbia Rd NW, Washington, DC 20001

Tough to find a 3 bedroom, 3 bathroom single family home under $400K this close to the metro.  This one in Columbia Heights is a good buy. 

Current Price: $390,000

Offer Price: $380,000

1420 Crittenden St NW, Washington, DC 20011

Needs full renovation.  Overpriced.  Need to come in lower.  Big row homes in this area of 16th Street Heights. 

Current Price: $550,000

Offer Price: $500,000

Resale Price:…

Every Friday I will blog about the best deals that I think are available on the market.  Buyers need to understand that inventory is very low right now.  To get a good deal you must be patient and be willing to make a lot of offers with the hopes that one will stick.  A lot of the homes on the market right now are overpriced.  You need to be prepared to make a lot of lower then asking price offers and hope that the seller comes to his or her senses. 

Here are the hot properties that I think are worth looking into:

1306 FARRAGUT ST NW, WASHINGTON, DC 20011

Huge house.  Been on the market for 217 days.  Started at $680K.  Homes on this street in 16th Street Heights have huge lots.  

Current Price: $485,000

Offer Price: $425,000

Resale Price:…

The Petworth real estate market is booming and I expect that to continue in 2012. Petworth is one of the few areas in DC that still offers affordable homes. The Petworth neighborhood is metro accessible with easy access to downtown. Young professionals and families are moving to the area because of the convenience and affordable housing prices. I consider Petworth to be Columbia Heights Jr.  The rise in prices in Columbia Heightshas been caused by investor activity in the commercial and residential sectors.  Columbia Heights has seen massive improvements to its main commercial corridor along 14th St NW.  Now Petworth is starting to see a lot of changes to its main commercial corridor (Georgia Ave NW).  Petworth has seen the following shops and restaurants…

The Washington DC real estate market continues to be one of the strongest in the nation. It was a busy weekend out there at open houses in DC. While I was out showing buyers homes it was sometimes challenging to get them through the doors! I believe the warmer than usual weather as well as high demand due to very low interest rates is playing a big role in the high activity level. In my opinion the warm weather has created a earlier then ever spring boom in the Washington DC real estate market. The spring market looks like it will be a continuation of the current Washington DC real estate market with perhaps a little more inventory and a lot more demand. According to MRIS the Washington DC real estate market inventory level in January was down 27.59% from…