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Taking pride in homeownership

LGBT community has helped create some of city’s most desirable locations

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bidding, gay news, Washington Blade

bidding, gay news, Washington BladeIn the year since Pride 2015, we as a community have so much to look back on and celebrate. While Pride week will certainly be full of lavish parties and festivities, it is important to remember the greater meaning of the celebration; that is, pride in the lives we have built throughout the District. This week, the staff and real estate agents of Coldwell Banker Residential Brokerage in Dupont/Logan Circle invite you to reflect with us about pride in the neighborhoods we are proud to call home.

Over the years of LGBT pride, we reflect on the triumphs in helping build up our incredible city. From historic staples like Dupont Circle to the more modernly established Logan Circle, Shaw, and everywhere in between, the LGBT community has helped create some of the District’s most desirable locations to call home. Homeownership for many is deeply intertwined with pride. As Kanch Algama, Realtor with Coldwell Banker, describes pride in ownership, “owning a home is a part of the American dream, like a stepping-stone in your life. Nowadays, it is really nice to see nontraditional families form, and build their American dreams together. Regardless of your gender, race, sexuality, or any other trait, you can have the stability of investing through home ownership.”

As homeowners, we take pride in the built environment around us. From curb appeal to business development, home ownership is deeply rooted in pride. As Realtor Sherri Anne Green describes “pride in ownership is twofold. It’s pride in having a place that is truly your own to design and create your perfect lifestyle, and it’s making a commitment to your community and city by placing your mark on its history.”

Moreover, homeownership gives us pride in the equity we have built. As Dupont/Logan specialist John Lumsden describes it, “pride in home ownership means stability, a chance to build equity and a way to show some of your unique personality.”

For many people, owning a home tells the story of a journey. As real estate agent Ileana Speer puts it, “pride in homeownership to me is looking at my home and remembering the distressed property I purchased in a new city 7 years ago and knowing that I have made a difference to the structure that is my home, to my block and in my community.”

Additionally, home is not only a place to be proud of, but also a place of security. As agent John Murray views home and pride, “homeownership gives you and your loved ones a sense of security and stability.  Real estate is an investment in your future, and although the market moves up and down, real estate has consistently appreciated over the years.  People take pride knowing that they have put their money toward something that historically has been more stable than other investments.”

Coldwell Banker Dupont/Logan recently moved to the heart of Logan Circle at the corner of 14th and Corcoran Streets NW. Our office of experienced, professional staff and Realtors are here to serve our local communities throughout the region. Branch Vice President Kevin McDuffie opened the Dupont/Logan office in the early 2000s, and the office has been a cornerstone of the DC real estate market ever since. As BVP Kevin McDuffie says, “We are here to help our clients find their place to call home. From buying your first home to selling a property for its highest value, we are here to help build better communities with pride.”

On behalf of the entire Coldwell Banker family, we wish you a Happy Pride!

Coldwell Banker Dupont/Logan Circle is located at 1617 14th St., N.W. The office can be reached at 202-387-6180.

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Real Estate

Why are so many people moving to Florida, Texas, and Nevada?

Affordability, low taxes motivating many to relocate

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Without a doubt, 2020 and 2021 have been very different, life-changing years for many of us. The pandemic changed life in many ways, for many people in both personal and professional respects. From a business perspective, for many, COVID-19 meant a transition from being required to go into an office every day to primarily working remotely from home.

As working remotely increasingly becomes the new normal for many, the question began to arise, “If I can work anywhere, do I want to stay here?” After all, until now, most people lived near their workplaces because they were required to be physically present in those workplaces for the majority of the time. Now, if work is remote, home could, in theory, be anywhere. People are thinking less about where they have to live, and more about where they want to live.

Of course, that means different things to different people, and many factors can make a particular place appealing — or not so appealing. For some, it’s being closer to family and friends. For others, it’s a certain kind of weather or scenery — maybe being close to the beach or the mountains. And for still others, economic considerations play an important role.

After all, if you can live anywhere, living in a place where you can keep more money in your pocket is appealing. As a result, the COVID-19 pandemic ultimately accelerated the migration of businesses, families, and individuals from states that are more expensive to others that are less so.

Three particularly popular destinations are Florida, Texas, and Nevada. Here are a few reasons why:

More Tax-Friendly: One huge advantage of each of these states is that they have no state income tax. While there are still other taxes like sales, and property tax, not paying income tax can ultimately result in significant savings, particularly in comparison with some states that have very high income tax rates in addition to being more expensive generally.

Affordable Housing and Rental Opportunities: Many of the cities in these states offer more house for the money than what can be found in other locations. For many, location is everything – but for an equal number, location plus affordability is appealing. Many people like the idea of being able to afford a larger home or more land for a lower price. This is not to mention that from a business perspective, these states tend to offer more affordable rental prices for office space than some other states and cities do.

Mild Climate: Although weather often isn’t the only determinative factor in a move, it can definitely be a bonus. In addition to offering significant economic advantages, all three of these states offer plenty of sunshine, mild or warm temperatures throughout much of the year, and plenty of beautiful scenery for residents to enjoy.

Each family, each person, each business is different, but for many, these are some of the primary advantages of making a move to these three states. Regardless of your reason though, when making a move, one thing you’ll always need to make that move successful is a talented Realtor.

Maybe you’ve decided that the time is right for you to make a move to one of these more tax-friendly states – or maybe you’ve decided to make a move elsewhere, for different reasons. Regardless of where you decide to go, or why you decide to go, at GayRealEstate.com, we’ll meet you there. We are proud of our hard-earned reputation for pairing LGBTQ buyers and sellers across the country with talented, experienced LGBTQ-friendly realtors who know and love their communities, and who can help you achieve your real estate dreams. If you’re ready to make a move, there’s no time like today to take the first step. Get in touch with us at any time. We look forward to helping you soon.

 

Jeff Hammerberg is founding CEO of Hammerberg & Associates, Inc. Reach him at 303-378-5526, [email protected], or via GayRealEstate.com.

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Real Estate

Real estate’s occupational hazards

From being locked out to walking in on naked sellers

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Accessing locked homes for sale presents all sorts of potential problems when showing homes.

“You should write a book.”

I hear that a lot from clients and friends when I tell a real estate story that most people wouldn’t believe unless they had experienced something similar. My colleagues understand.

Most of us have stories about Cujo-like pets, lost keys and stubborn lockboxes and unusual things we have experienced in the industry. And lest we forget, what would any Great American Novel be without sex?

Showing instructions will often say, “Don’t let the cat out.” You will gingerly open the front door hoping the cat is not on alert waiting to escape as you go in the house. If the cat happens to get out despite your best efforts, the natural inclination is to get the cat and put it back in the house. If you are successful, one of two things will happen: first, you will have to stop at the drug store to purchase some Neosporin to dress your wounds or second, you may get a call from the seller’s agent asking why there is an extra cat in the house.

Playing “find the lockbox” is a rewarding game we play, but like a mouse looking for the cheese, there can be dead ends and pitfalls. On one excursion, the box was yet to be found when my client and I spotted a gate to a rear door. We walked over, I pressed the gate latch, and we were in. Unfortunately, the lockbox wasn’t to be found.

So, what do you do? You go back to the gate and press the latch to get out, right? Except some DIY-er has installed a one-way latch. Your client tries to call her mother, who is down the street in the car with the air conditioning on, listening to a Barry Manilow CD. Oops! Her phone is back in the car with Mom. You call the listing agent and get voicemail. You sit down on the concrete bench to think.

Concrete bench, you say? Yes, a 450-pound concrete bench, which we push over next to the gate. My client, who is taller than I, stands on it and I boost her over the top of the gate. Finally, we have completed our exit strategy! We never did get into the house.

You never know who you might find in a house either, especially since COVID-19 restricted the number of people who could be there during a showing to three. I’m sure that didn’t count the vagrant who ran out the back door and left the gas burners he had been using for heat on or the construction workers who left their burger wrappings and half consumed shakes in the bedroom.

Agents can get pretty touchy when you lock them out during your 15-minute showing appointment (yes, that’s a thing now). It gets worse when they find you on your knees with your butt in the air, using a wire hangar (sorry, Mommie Dearest) to try to pull a key up through a 1/8th inch space between deck boards on the front porch where you dropped it. (The owner ultimately came over with another key.)

Sometimes, you have to put your Sherlock Holmes cap on and search for a special feature that is listed on the fact sheet. “Storage near the front door” could actually be an elevator shaft that was never completed. And sometimes, you open a door to an eave in the attic and find your client’s 9-year-old wide-eyed looking in and saying, “This must be where they play Dungeons and Dragons” as her mother drags her out of the room.

Many of us have run across the startled tenant or homeowner who doesn’t get the notification about an appointment. We find them sleeping naked or simply hiding under the covers, flushing the toilet, taking a shower, or in the throes of passion. Despite my habit of calling out, “Real Estate” when opening a front door, sometimes they just can’t hear me.

Years ago, I had a listing appointment with a man who, after keeping me waiting on the porch for 20 minutes, opened the door wearing nothing but a shower wrap and a soap-on-a-rope. I didn’t bother to reschedule.

Then there was the geriatric nymphomaniac who proceeded to snort lines of cocaine from atop the marble countertop in the kitchen as we discussed selling her house while the pool boy hung out in the nearby cabana.

By the way, has anyone heard from him? I’ll go check.

 

Valerie M. Blake is a licensed Associate Broker in D.C., Maryland, and Virginia with RLAH Real Estate. Call or text her at 202- 246-8602, email her via DCHomeQuest.com, or follow her on Facebook at TheRealst8ofAffairs.

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Real Estate

Renovations in the time of COVID

Clean and de-clutter your home before listing

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What do I need to do to make my house pretty and ready to sell in the time of COVID?  Some people are telling me that I don’t have to do anything, that it is a sellers’ market. Well, maybe. Do you know your market? Do you know the idiosyncrasies of your market? In many places, homes are flying off the market “as-is.” But in many places a much more nuanced home is getting the attention.

I am seeing more movement in the single-family home market. So, a seller might get by with doing basic repairs and some sprucing up/de-cluttering to get their house ready for the market. Then again, you never get a second chance to make a first impression, so when in doubt, clean it out. (Paint it out, stage it out, etc.)

If you want to do renovations, you might want to get estimates from multiple sources, and see who gets you the best deal. I am hearing some stories that there is a backlog in the supply chain for hardwood and some other materials. Also, many contractors are booked up right now, or have been scheduled to get work done for months now. If timing is going to be an important part of the puzzle, you might want to double check that the work can get done when you need it to be done, especially if you live in a building where you have to get permission to use elevators, do work between certain hours of the day, etc.

At the very least, find a good house cleaner to get in and do a good job on the type of cleaning that is not done on a normal basis. For many reasons. In the time of a pandemic, cleanliness is almost the number one thing people are looking at. Also, we all know that the carpets get vacuumed, the windows get cleaned, and the shelves get dusted. But what about deep in the corners and under the counters and in the air vents and filters?

That being said, there seems to be a shortage of homes on the market right now for the amount of buyers that are looking. A lucky seller right now might not have to do a total renovation and might want to leave some decisions to the next buyer, but I would still advise that they err on the side of cleaning, de-cluttering, and getting it photo ready to maximize their return on their investment.

 

Joseph Hudson is a Realtor with The Rutstein Group at Compass. Reach him at 703-587-0597 or [email protected].

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