A Tale of Two Developers in NW Washington DC & Bethesda, MD
We had a chance this week to watch as buyers had their final walk thrus of units in two new condo buildings in the D.C. area. One was in a very popular high rise in the Mount Vernon Square area and the other was in a smaller building in ...
Posted by Gretchen Koitz on December 22, 2007 in Bethesda Real Estate
How does an Emotion Property Fit Into Theory of Micro-Niches?
So if you buy into the idea of micro-niches, and I’d argue that you’d be silly not to buy in, then where do “emotion” properties fit in? By definition, an “emotion” property is one that has that special ...
Posted by Gretchen Koitz on December 14, 2007 in Commentary
Different Markets Breed Different Requirements...
Gretchen's Real Estate Reflections SeriesI’ve been doing this (selling real estate in the Washington, DC area) so long that I remember going thru this seller’s market before. During the last such market, I got a call from the family ...
Posted by Gretchen Koitz on December 11, 2007 in Commentary
Micro, Micro Niches. What's a Balcony Have to Do With It?
In a previous blog post, we discussed the issue of micro niches…how you can’t talk about the Washington Metropolitan market, or even the Bethesda market, or even the Downtown Bethesda market. Instead, you have to go almost ...
Posted by Gretchen Koitz on December 9, 2007 in Commentary
Downtown Bethesda Townhome Available! Come See it!
For all the downtown Bethesda Townhome lovers, come to my open house tomorrow at 4908 Montgomery Lane. And for you who can't make it, I didn't want to leave you out so I've attached a virtual tour at the bottom of this post.
Posted by Gretchen Koitz on December 8, 2007 in Bethesda Real Estate
Tis The Season
Even in the greatest exuberance of a seller’s market, there are seasonal changes in real estate transactions. Historically, the time between Thanksgiving and the beginning of the new year is a great time to be a buyer. Why? It ...
Posted by Gretchen Koitz on December 7, 2007 in Commentary
Micro Niches in The Washington, D.C. Area Real Estate Market
Articles from Realtor Magazine, a national publication sent to every Realtor in the country, rarely resonate with me. Because real estate is so local, much of the content is normally not applicable to the Washington DC area real estate market....
Posted by Gretchen Koitz on December 2, 2007 in Commentary