|
| | The median sold price in the Washington, D.C. metro area
was up by 10.1% in March, the fastest pace of home price growth since February 2022. As the housing market begins to bloom along with the spring flowers, we're here to guide you through the latest events, trends, tips and listings! Grab your umbrella and join us as we navigate through this month, inevitably filled with a combo of rain, sun, and the promise of new beginnings! ~ jeanne, phil, meg, alex, annie, and christine |
|
|
|
|
|
|
|
What's Real About the Recent Real Estate Headlines? |
| As you may have seen or heard, there is a proposed settlement by the National Association of REALTORS® (NAR). While the settlement still requires final approval, there have been plenty of headlines in the media causing confusion. To clarify some of the misinformation about the settlement, we want to provide a few facts: |
|
|
|
|
|
|
Buyers deserve representation at every income level. Our experience has shown that transactions flow more smoothly when there is professional representation on each side, creating open lines of communication which benefit all parties involved. It can be difficult for buyers to pay their brokers directly for their services when they have the burden of so many costs in a purchase, which is why many sellers in the DMV choose to offer compensation to a buyer's broker. |
| | Sellers retain, as they always have, the discretion to offer compensation to buyer’s brokers. The proposed settlement does not prohibit their ability to do so. |
| | Commissions have always been negotiable and are not set by law. Reduced fee/service alternatives have been and will continue to be available for consumers seeking those options. |
| | The proposed settlement would require that every buyer represented by an NAR-affiliated agent sign a Buyer Representation Agreement outlining the relationship between the buyer and broker before touring a property, something our JPM Team and brokerage practice because it is already standard in the DMV. |
| | Compass agents provide tremendous value to our clients. As a result, we will continue to encourage a transparent commission conversation that reflects the time, effort, expertise, and support we invest in each transaction. |
| | Compass is fully prepared to adopt the changes laid out as part of the settlement. We see these updates as being positive both for our clients and for the brokerage community, as they provide additional transparency and clarity and will encourage the most professional agents to thrive. |
|
|
|
|
|
|
If approved, the terms of this settlement may impact certain facets of the residential real estate industry. Our hope is that any changes will provide an opportunity to enhance the professionalism of the industry across the country and elevate Realtors® to the standards we at Compass have always held ourselves to. Real Estate is a relationship-based business, and the trust we’ve earned with our clients is something we greatly value. Together, we will navigate any changes to rules and regulations in our industry while continuing to provide our clients with the same exceptional service we always have. If you have any questions as additional details surface, please don’t hesitate to reach out! |
|
|
|
|
|
|
|
| Biden Proposes $10,000 Tax Breaks for First-Time Homebuyers, 'Starter Home' Sellers |
| President Joe Biden has floated plans to address the country’s affordable housing issues, including new tax breaks for first-time homebuyers and “starter home” sellers. However, experts have mixed opinions on the proposals... |
| |
|
|
|
|
|
|
| | Don't miss out on the biggest event the week. No, it's not the eclipse! JPM is giving away 2 club level tickets to United's game against Orland City at Audi Field this Saturday night. If you want tickets, answer this simple trivia question to win! When was the last solar eclipse (before this one)? Send response to: chrisitine.oreilly@compass.com |
|
|
| | |
|
|
|
APRIL 28, MAY 5 and JUNE 2 |
| FREE American Roots Concert Series at Hill Center |
| JPM is proud to again sponsor this excellent Spring and Fall concert series at Hill Center. Grab a seat or a picnic blanket and join us on Sundays for some great live music right here on Capitol Hill. |
|
|
| | |
|
|
|
| | The DC Beer Festival returns to Nationals Park, bringing together dozens of craft breweries that will feature spring seasonal beers, plus food trucks, dueling pianos, cover bands, DJs, and more throughout the park. |
|
|
| | |
|
| | | National Park Week is an annual spring celebration of all that our wonderful national parks have to offer. The NPS will also be offering free entrance to all national parks on April 20th! |
|
|
| | |
|
| GoFundMe for Henry at LaPlaza |
| The Capitol Hill community was shocked to learn of the death of Henry Mendoza, proprietor of La Plaza (629 Pennsylvania Ave SE) a long-time Mexica/Salvadoran restaurant here in the heart of Capitol Hill. Known by so many for his kindness, generosity of spirit and gregarious nature, Mendoza’s great-nephew Andrew has started a fundraiser to help provide for Henry’s young children and wife and to assist with funeral and estate expenses. Please give what you can to honor his legacy and memory. |
|
|
| | |
|
|
|
| | 13 Features New Home Buyers Say Are Essential, Desirable |
| New research shows that house hunters are willing to accept a smaller property as long as it has these key amenities. |
| |
|
|
|
|
|
When Selling Your Home, Don't Try to Conceal These 7 Problems |
| When selling your home, it’s natural to want to present the property in the most favorable light possible... |
| |
|
| | |
|
| 10 Things Interior Designers Never Do |
| With the prevalence of TikTok and Instagram, every third person decorating a home feels they are a design expert. |
| |
|
| | |
|
|
|
|
| To Our Buyer Clients: Ask us about our great upcoming listings - there is an exciting amount of inventory coming on the market in upcoming weeks and months! We might know of a home that Sellers choose to market privately that matches your needs! |
| |
|
|
|
|
|
Featured Listings - NE and SE and NW, oh my! |
|
|
|
|
|
|
| 1st OPEN SUN 4/14, 2-4 PM |
| | 4BD/3.5BA approx 3380SF $2,400,000 |
|
|
|
| | | 1ST OPEN SUN 4/14, 2-4 PM Capitol Hill |
| | 5BD/3.5BA approx 2573SF $1,459,000 |
|
|
|
|
| | | 1701 16th St NW, Unit 648 |
| 1 BD 1 BA approx 630 SF $437,500 |
|
|
|
| | | | | 2 BD 2 BA approx 1110 SF $574,900 |
|
|
|
|
|
|
| Cleveland Park - for sale |
| 3601 Wisconsin Ave NW #201 |
| 1 BD 1 BA approx 779 SF $269,900 |
|
|
|
| | | | | 5 BD 3 BA approx 2310 SF $674,900 |
|
|
|
|
|
|
| | | 2 BD 2.5 BA approx 1468 SF $975,000 |
|
|
|
| | | Capitol Hill-sold off market |
| | 2 BD 1.5 BA approx 1140 SF $900,000 |
|
|
|
|
|
|
| Check out these fun public collections we put together for you. Call us to discuss how we can help you find the home of your dreams! |
|
|
| | |
|
| | | |
|
| | The Jeanne Phil Meg Team at Compass jeannephilmeg@compass.com |
| jeanne harrison: (202) 841-7717 phil guire: (202) 255-8401 meg shapiro: (202) 329-4068 alex schindlbeck: (202) 699-0141 annie richardson: (202) 740-5084 christine o'reilly, team manager |
| |
|
|
|
| Follow and like us on social! |
| |
|
|
|
|
|
Office: 646-982-0353 Compass Real Estate is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
|
|
|
|
|
|
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/output=format:png,density:500,background:ffffff/resize=width:600,fit:max/auto_image/compress/"https://beta.compass.com/ucfe-assets/mc-assets/5/CompassRealEstate_H_B.svg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/output=format:png,density:500,background:ffffff/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/e67f3371-56e4-42c0-a965-5623f2d26725/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[936,0,3744,3744]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://d3mi7e2vp4lzjl.cloudfront.net/BRAND_FOLDER/putImages/87a690b5-d61d-4f4d-8bdd-1572ed687ab8/9214a5e6-dedc-4792-bdb3-d01948e2eb86/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[1023,0,4090,4090]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/BRAND_FOLDER/putImages/c43d90fd-638e-444b-998e-896fc698aafa/d22552f5-9e1b-4156-9fdc-03850df69fa2/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,0,474,505]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/eefccd99-f892-40a1-88e3-94e600b75d05/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,37,792,1137]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/c249f065-408b-4973-b5f1-415ff15b0658/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[256,0,1536,1536]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/06d64e84-099f-46e2-8757-18f288b0a9eb/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[94,0,562,562]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/1933bb2c-3a5b-48ce-98a2-a9503ad42540/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[14,0,812,812]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/117eca34-0da0-467a-b940-464f7de22a1c/origin.png")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[238,137,1563,1024]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/ab3fccd46e45b5a74bce1cd2a8feadc8c3e912c8_img_1_e388a/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,0,2048,1354]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/366da402778a8c8cb7ca572baac81eb60bd163ca_img_0_6dcbd/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,5,2048,1354]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/56ee9e10e896db509e6624c67bd8ee8b992eb36d_img_0_7f3ca/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,3,2048,1355]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/842de8f8e0879b7d0fde98c82b0f8fe65fd15ecb_img_0_7892f/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,5,2048,1354]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/6641a77a1360a7f4232181bcba55f991df754c7f_img_0_ce7af/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,5,2048,1354]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/9ed20673d168822dba648c48949628c3dee05c53_img_0_5acb9/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,91,2048,1354]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/06fdb8d9f230941324a9ce4f2b6e6a2fefc2376b_img_0_ed6fa/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,864,2048,1354]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/0/40a59f21-b14d-46a4-b3a5-fa2e3268ce59/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[851,0,3417,3417]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://d3mi7e2vp4lzjl.cloudfront.net/BRAND_FOLDER/putImages/2a942a31-538c-4a5e-8b1f-91bbf4a60d17/e7f47bb3-f45b-4b9d-8731-11b995aa9e69/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,0,3327,3327]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/13/398d6779-afbd-4d61-b9e3-4bdd3edcb895/origin.jpg")
